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…
Power outages hinder Hurricane Beryl recovery, delay port, infrastructure restarts
By Arathy Somasekhar and Marianna Parraga HOUSTON (Reuters) – About 1.7 million customers remained without power in Texas on Wednesday morning, two days after Hurricane Beryl made landfall, as progress…
US, Mexico move to thwart China circumvention of US steel, aluminum tariffs
By David Lawder WASHINGTON (Reuters) – The U.S. and Mexico on Wednesday announced new steps to fight the circumvention of U.S. tariffs on steel and aluminum by China and other…
Oil prices steady after weak Chinese data, US inventories draw
Investing.com– Oil prices edged higher in Asian trade on Wednesday as industry data showed a bigger-than-expected draw in U.S. inventories, although a build in distillate stockpiles somewhat offset optimism over…
Oil steadies as OPEC keeps demand forecasts unchanged
By Ahmad Ghaddar LONDON (Reuters) -Oil prices steadied on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) kept its growth forecast for oil demand unchanged for this year…
XAU/USD: Citi expects physical gold demand to rebound, maintains $3,000 target
Physical gold demand likely softened in the second quarter compared to the first, although “off a very strong base,” Citi analysts said in a Tuesday note. The Wall Street behemoth…
China and Brazil to try out beef traceability plan
BEIJING (Reuters) – China, the world’s largest beef importer and Brazil, the biggest supplier, will set up a pilot scheme as part of efforts to make beef production more sustainable,…
