Oil prices ease on demand concerns in China

By Scott DiSavino NEW YORK (Reuters) -Oil prices eased on Monday as worries about demand in top importer China offset supportive U.S. economic news, OPEC+ supply restraint and ongoing Middle…

Former Chevron CEO Kenneth Derr dies at 87

By Sabrina Valle HOUSTON (Reuters) – Former Chevron Corp (NYSE:CVX) chairman and CEO Kenneth T. Derr, who led the company between 1989 and 1999, died on Friday shortly before his…

Oil prices settle lower as traders weigh China weakness, rising Fed rate-cut bets

Investing.com– Oil prices steadied Monday despite underwhelming growth data from China presenting a weak outlook for demand.  At 09:20 ET (13:20 GMT), Brent oil futures slipped marginally to $85.02 a…

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

By Scott DiSavino and Arathy Somasekhar NEW YORK/HOUSTON (Reuters) – Freeport LNG plans to restart one of three liquefied natural gas trains this week at its Texas facility after the…

Oil holds steady as Chinese demand concerns weigh

(Fixes formatting of link in final paragraph ) By Alex Lawler, Arunima Kumar LONDON (Reuters) -Oil held its ground on Monday as downward pressure from concern about demand in top…

Bird flu found in Oklahoma dairy herd, showing bigger US outbreak

By Tom Polansek and Brijesh Patel (Reuters) -Oklahoma has become the 13th U.S. state to detect bird flu in dairy cows, the U.S. Department of Agriculture confirmed on Monday, though…

Dollar dips ahead of Powell, bitcoin climbs as investors weigh Trump win

By Rae Wee and Samuel Indyk LONDON (Reuters) – The dollar held steady on Monday and cryptocurrencies jumped as investors weighed up what the attempted assassination of former U.S. President…

Biden administration mulls more Alaska drilling protections

By Valerie Volcovici WASHINGTON (Reuters) – The Biden administration is seeking input on whether to add more areas for protection from oil and gas drilling in Alaska’s National Petroleum Reserve,…

Bird flu virus detected in Oklahoma dairy herd

(Reuters) – Oklahoma has detected bird flu in a herd of dairy cattle, the state’s agriculture department said on Friday, making it the 13th U.S. state to find the virus.…

Gold prices could surge to $3,000 as flows ‘have plenty of scope to expand’: Citi

Gold prices might surge to $3,000 per ounce as financial flows show potential for significant expansion, according to a recent report from Citi analysts. The bank says that the weakening…