Oil prices rebound on Russian pipeline constraints and recession fears

Oil prices rebound on Russian pipeline constraints and recession fears

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Join now for FREE unlimited access to Reuters.com Register Russia’s oil exports halted via southern section of Druzhba pipeline EU proposes ‘final’ text to resuscitate Iran nuclear deal Dollar … Read more

Oil rebounds as China and US data ease recession fears

Oil rebounds as China and US data ease recession fears

FILE PHOTO – An oilfield worker works on a pump jack at PetroChina’s Daqing oilfield in northeast China’s Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 8 (Reuters) – Oil prices rose slightly from multi-month lows on Monday as investor appetite improved on U.S. jobs … Read more

Cuba receives aid from Mexico and Venezuela to fight oil fires

Cuba receives aid from Mexico and Venezuela to fight oil fires

HAVANA, Aug 7 (Reuters) – Cuba appeared to be making progress on Sunday in containing a fire at its main oil storage facility that killed a firefighter, relying on help from Mexico and Venezuela to battle the raging flames. A lightning strike on Friday ignited one of eight storage tanks at the super oil port … Read more

Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results are improving

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results are improving

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices hurt … Read more

Russia bans Western investors from selling bank assets and key energy stakes

Russia bans Western investors from selling bank assets and key energy stakes

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link at the Kremlin in Moscow, Russia August 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Join now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where law restricts coverage of Russian military operations in … Read more

Brent crude hits pre-Ukraine invasion lows on recession fears

Brent crude hits pre-Ukraine invasion lows on recession fears

FILE PHOTO – A PetroChina worker inspects a pump cylinder at an oilfield in Tacheng, Xinjiang Uyghur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT Join now for FREE unlimited access to Reuters.com Register BoE raises rates and warns of recession risks Saudi Arabia and the United Arab Emirates save their oil firepower in the … Read more

Oil drops to near 6-month low after surprise U.S. crude, gasoline build

Oil prices rebound on Russian pipeline constraints and recession fears

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Join now for FREE unlimited access to Reuters.com Register U.S. crude and gasoline inventories rise unexpectedly – EIA OPEC+ decides on a small increase of 100,000 bpd in production … Read more

German Scholz says Russia has no reason to delay turbine return

German Scholz says Russia has no reason to delay turbine return

Turbine caught in an energy impasse between the West and Russia Scholz visits the Siemens Energy plant where the turbine is stored Said the turbine is ready to be sent back to Russia Kremlin: documentation on turbines still missing Kremlin: Nord Stream 2 could supply gas this year MUELHEIM AN DER RUHR, Germany, Aug 3 … Read more