Oil rises over 1% on tightening supplies from Libya, Iraq
By Shariq Khan (Reuters) -Oil prices rose by more than a dollar a barrel on Thursday as supply disruptions in Libya and plans to lower output in Iraq raised concerns…
Oil prices settle higher as Iraq’s plan to cut output adds to ongoing supply risks
Investing.com — Oil prices settled higher Thursday, underpinned by ongoing supply risks as crude output in Libya slumped, while Iraq detailed plans to reduce output starting next month. At 2:30…
Texas is sued over anti-ESG law
By Jonathan Stempel (Reuters) – Texas was sued on Thursday by a nonprofit whose members support environmentally-friendly policies, and which seeks to block a state law targeting businesses that support…
Oil rises nearly 2% on tightening supplies from Libya, Iraq
By Arunima Kumar (Reuters) – Oil prices edged higher on Thursday, after two losing sessions, as concerns over Libyan supplies helped offset a smaller than expected draw in U.S. crude…
US dollar gains after GDP data backs smaller Fed cut in September
(Corrects day to Wednesday from Tuesday in 9th paragraph, corrects to month-end from year-end in 11th paragraph) By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose on Thursday after…
EU’s Red Sea mission says still no oil spill from tanker hit by Houthis
ATHENS (Reuters) – The EU’s Red Sea naval mission Aspides said on Thursday that no oil spill has been detected on the Greek-flagged oil tanker Sounion in the Red Sea,…
Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal
HOUSTON (Reuters) – Marathon Oil (NYSE:MRO) shareholders on Thursday approved the U.S. oil producer’s nearly $16 billion acquisition by ConocoPhillips (NYSE:COP), the company said. Marathon Oil and ConocoPhillips expect the…
Oil gains as Libyan supply woes counter modest US stock draw
By Arunima Kumar (Reuters) – Oil prices edged higher on Thursday, after two losing sessions, as concerns over Libyan supplies helped offset a smaller than expected draw in U.S. crude…
US dollar gains after better-than-expected GDP data
By Stefano Rebaudo (Reuters) -The euro fell versus the dollar after inflation data from Germany and Spain led investors to increase their bets on the European Central Bank interest rate…
Oil prices edge higher despite smaller US inventory draw,
Investing.com — Oil prices edged higher Thursday, bouncing after two straight days of losses despite a smaller than expected draw in U.S. inventories raising concerns over cooling demand. At 07:50…
