US needs stronger defenses against China’s overcapacity, Treasury official says

By David Lawder WASHINGTON (Reuters) – The U.S. may need to take further and “more creative” actions beyond tariffs to protect U.S. industries and workers against China’s growing excess industrial…

Montana urges state top court to overturn landmark climate ruling

By Nate Raymond (Reuters) – Montana’s top court is set to hear the state’s appeal of a landmark ruling holding that it was violating the rights of young people to…

Grid operator tells Californians to prepare for power conservation

(Reuters) – The California Independent System Operator (ISO) on Wednesday told customers to be prepared to conserve energy as forecasts of extreme heat this week are set to raise power…

Oil settles higher on hopeful demand outlook as US oil stocks sink

By Georgina McCartney HOUSTON (Reuters) -Oil prices rose on Wednesday after a jump in U.S. refining activity last week prompted a bigger draw than expected from gasoline and crude inventories.…

Oil prices settle higher after surprise draw in US crude inventories

Investing.com– Oil prices settled higher Wednesday as data showing a larger-than-expected draw in U.S. inventories, suggesting tight conditions in the world’s largest consumer.  At 14:30 ET (18:30 GMT), Brent oil futures…

Deutsche Bank on commodities: Gold preferred in near term, Copper in mid term

Deutsche Bank’s latest Global Mining & Commodities Survey reveals a shift in investor preferences, with gold taking center stage in the short term and copper remaining a favorite for the…

Oil gains on supportive US stockpile data, gasoline demand firm

By Georgina McCartney HOUSTON (Reuters) -Oil prices rose on Wednesday after a jump in U.S. refining activity last week prompted a bigger draw than expected from gasoline and crude inventories.…

Texas power outages hinder Hurricane Beryl recovery, delay oil infrastructure restarts

By Arathy Somasekhar, Marianna Parraga and Curtis Williams HOUSTON (Reuters) -About 1.7 million customers remained without power in Texas on Wednesday morning, two days after Hurricane Beryl made landfall, as…

Oil rises after U.S. posts crude, gasoline stock draw

By Georgina McCartney HOUSTON (Reuters) -Oil prices roses on Wednesday after a jump in U.S. refining activity last week prompted a bigger draw than expected from gasoline and crude inventories.…

Power outages hinder Hurricane Beryl recovery, delay oil infrastructure restarts

By Arathy Somasekhar, Marianna Parraga and Curtis Williams HOUSTON (Reuters) -About 1.7 million customers remained without power in Texas on Wednesday morning, two days after Hurricane Beryl made landfall, as…