US court orders federal regulators to assess emissions of Louisiana LNG project

By Timothy Gardner WASHINGTON (Reuters) – A U.S. court on Tuesday ordered the Federal Energy Regulatory Commission to reassess the impact of greenhouse gas and other emissions from Commonwealth LNG’s…

Oil prices edge down on worries about Chinese demand

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices declined on Tuesday on worries of a slowing Chinese economy crimping demand and despite a growing consensus the U.S. Federal Reserve could begin…

Texas restaurants sue utility CenterPoint over response to Hurricane Beryl

By Arathy Somasekhar HOUSTON (Reuters) – Restaurants in Houston and nearby regions on Monday filed a class action lawsuit, collectively seeking over $100 million, against U.S. power producer CenterPoint Energy…

US power demand hits hourly record high on hottest day of summer, EIA and LSEG say

By Scott DiSavino (Reuters) – U.S. demand for power hit a preliminary hourly record high on Monday as homes and businesses cranked up their air conditioners to escape a brutal…

PU Prime Gains Financial Commission Membership, Increasing EDR Services

The Financial Commission has announced that PU Prime is its newest approved member. This addition highlights the increased interest and demand for independent external dispute resolution (EDR) services among FX…

Russian farmers fight to salvage harvest as major region cuts forecast

By Sergei Pivovarov and Olga Popova ROSTOV REGION, Russia (Reuters) – Under the sweltering sun and in temperatures of 50 degrees Celsius, farmers in the Rostov region, Russia’s breadbasket, toil…

Oil prices fall amid China demand woes; US retail sales flat

Investing.com– Oil prices fell Tuesday, weighed chiefly by signs of increasing economic weakness in top importer China, which could limit demand in the coming months.   At 08:50 ET (12:50 GMT),…

Morning Bid: Powell stirs rate hopes, Trump trade cools

A look at the day ahead in U.S. and global markets from Mike Dolan After a jarring Monday that spurred a wave of U.S. election trades, world markets zeroed in…

Gold Remains Uncontested. Forecast as of 16.07.2024

Even Donald Trump’s imminent return to the White House does not frighten XAUUSD bulls. Gold may get preferential treatment as a safe-haven asset and as a beneficiary of a renewed…

Roth MKM cuts its oil prices forecast for 2024

Roth MKM trimmed its oil prices forecast for 2024 amid heightened geopolitical risks and declining global oil inventories this summer. The investment bank’s 2024 Crude Oil WTI Futures oil price…