About 1 million in Texas without power, Freeport LNG to restart after Beryl

By Arathy Somasekhar, Curtis Williams and Georgina McCartney HOUSTON/FREEPORT (Reuters) -More than 1.2 million homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed…

US sued over ‘failure to examine harms’ from delayed offshore oil decommissioning

By Georgina McCartney (Reuters) – An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by ageing offshore oil and gas infrastructure, citing…

EUR/USD forecast for 2024: UBS presents 3 scenarios that could lead to a decline

The euro (EUR) has remained in a narrow trading range against the US dollar (USD) for much of 2023, with UBS analysts predicting that this trend may persist into the…

Oil rises settles higher; US inflation data feeds rate cut hopes

By Shariq Khan NEW YORK (Reuters) -Oil prices rose for the second consecutive session on Thursday with the Brent benchmark settling above $85 a barrel as hopes rose for U.S.…

Over 1 million in Texas without power, Freeport LNG to restart after Beryl

By Arathy Somasekhar, Curtis Williams and Georgina McCartney HOUSTON/FREEPORT (Reuters) -More than 1.2 million homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed…

Oil gains as US inflation data raises rate cut hopes

By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Thursday, keeping the Brent benchmark above $85 a barrel, as hopes rose for U.S. interest rate cuts after data showed…

Over 1 million in Texas without power, Freeport LNG restart pending after Beryl

By Arathy Somasekhar, Curtis Williams and Liz Hampton HOUSTON/FREEPORT (Reuters) -About 1.3 million homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed the…

US to fund lower-emission fertilizer with eye to greener ethanol

By Leah Douglas (Reuters) – The U.S. Department of Energy plans to spend $36 million on technologies to lower emissions from applying synthetic nitrogen fertilizer to corn and sorghum used…

Instant View: Japanese yen surges, ringing intervention alarm bells

(Reuters) – The Japanese yen surged nearly 3% on Thursday in its biggest daily rise since late 2022, a move that local media attributed to a round of official buying…

Japanese yen surges, ringing intervention alarm bells

LONDON (Reuters) -The Japanese yen jumped by the most since late 2022 on Thursday, in a move traders said was most likely the result of dollar selling after a weak…