OPEC+ agrees to delay October oil output hike for two months, sources say

By Ahmad Ghaddar, Olesya Astakhova and Alex Lawler LONDON (Reuters) – OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their…

Yellen warns that ending US clean energy tax credits would raise consumer costs

By David Lawder RALEIGH, North Carolina (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday warned that any attempts to roll back the Biden administration’s clean energy tax credits would…

PayPal Expands US Point-of-Sale with 5% Cashback and Apple Wallet Integration

PayPal is expanding its reach into US point-of-sale payments by integrating its debit card with Apple’s mobile wallet and offering 5% cashback rewards. This move aims to position PayPal directly…

Oil prices up 1% on big storage withdrawal, delay in OPEC+ production hike

By Scott DiSavino NEW YORK (Reuters) -Oil prices edged up about 1% on Thursday on a bigger-than-expected withdrawal from U.S. inventories and a delay to output increases by OPEC+ producers…

OPEC+ agrees to delay October output hike for two months, sources say

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Venezuela’s oil exports climb to four-year high in August

By Marianna Parraga and Mircely Guanipa HOUSTON/MARACAY (Reuters) – Venezuela’s August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments to…

Global gold ETFs inflows continue – report

Investing.com — Global physically backed gold exchange-traded funds (ETFs) recorded their fourth consecutive month of inflows in August, driven primarily by increased holdings in funds listed in North America and…

How bad is China oil demand?

Investing.com — China, long a driver of global oil demand, is now seeing one of the sharpest slowdowns in its oil consumption in recent decades.Β  β€œChina’s oil demand is growing…

Major Russian lenders say yuan coffers empty, urge central bank action

By Elena Fabrichnaya MOSCOW (Reuters) – Major Russian banks have called on the central bank to take action to counter a yuan liquidity deficit, which has led to the rouble…

U.N. nuclear agency will supervise Ukraine’s key power substations, Kyiv says

By Pavel Polityuk KYIV (Reuters) – Ukraine and U.N. nuclear agency IAEA have agreed that the agency’s experts will monitor the situation at key Ukrainian substations in addition to nuclear…