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Germany
Jun 2, 2024

GRAPHIC-What the fresh march higher in oil implies for world markets

Oil costs are up around 16% so far this year near $90 a barrel, with supply worries high given intensifying Middle East tensions and titfortat attacks on...

China
Jun 2, 2024

China boosted Q1 crude oil storage as imports flatlined: Russell

China increased the rate at which it added crude to stocks in March as the world's greatest oil importer grabbed record imports from Westernsanctioned Russia. An overall...

United States
Jun 2, 2024

Venezuela oil sector struck by loss of its largest US license

Venezuela's loss of a key U.S. license that permitted it to export oil to markets worldwide and protected financial investment is expected to strike the volume and...

Crude Oil
Jun 2, 2024

Asia stocks combined as soaring dollar stops briefly

Asian stocks crept greater in a mixed session on Thursday, while the dollar took a. breather and bond markets steadied as investors stepped back to. examine the...

Asia / Pacific
Jun 2, 2024

TSMC set to report 5% increase in first-quarter profit on strong AI chip need

Taiwan Semiconductor Manufacturing Co, the dominant manufacturer of innovative chips used in artificial intelligence applications, is anticipated to report a 5% increase in firstquarter profit on Thursday...

United Kingdom
Jun 2, 2024

Oil inches up after U.S. reimposes Venezuela oil sanctions

Oil prices increased in early trade on Thursday, slightly paring the previous session's losses after the United States stated it would reinstate oil sanctions Venezuela, while the...

South America
Jun 2, 2024

Ecopetrol and Petrobras should team up on green hydrogen, Colombian president says

Colombian state energy company Ecopetrol and its Brazilian equivalent Petrobras ought to collaborate on developing green hydrogen, Colombian President Gustavo Petro stated on Wednesday after meeting Brazilian...

South-West Asia
Jun 2, 2024

Iraqi, US companies sign agreements to record, burn gas for power

Iraqi and U.S. companies signed a series of arrangements on Wednesday to record gas typically flared from Iraq's oilfields and use it to produce domestic power while...

United States
Jun 2, 2024

US to reimpose oil sanctions on Venezuela over election issues

The Biden administration stated it would not renew a license set to end early on Thursday that had actually broadly eased Venezuela oil sanctions, relocating to reimpose...

Asia / Pacific
Jun 2, 2024

US plans to restore tariffs on dominant solar innovation, sources say

The Biden administration is expected to give a demand by South Korea's Hanwha Qcells to reverse a twoyearold trade exemption that has permitted imports of a dominant...

United States
Jun 2, 2024

Kinder Morgan meets earnings estimates, sees brand-new demand from AI operations

Pipeline and terminal operator Kinder Morgan on Wednesday declared its annual revenue outlook and stated it anticipates need for gas to grow significantly in between now and...

Energy Markets
Jun 2, 2024

Expiration of US oil license to Venezuela to enforce a ceiling on output development

The expiration of the best U.S. license so far given to Venezuela's oil and gas industry will put a ceiling on the South American country's. slow crude...

North America
Jun 2, 2024

Kinder Morgan satisfies profit price quotes on strength in natural gas pipeline sector

Pipeline and terminal operator Kinder Morgan on Wednesday declared its yearly earnings outlook and said it expects demand for natural gas to grow significantly in between now...

Asia / Pacific
Jun 2, 2024

United States plans to bring back tariffs on dominant solar technology, sources state

The Biden administration is expected to give a request by South Korea's Hanwha Qcells to reverse a twoyearold trade exemption that has actually allowed imports of a...

United States
Jun 2, 2024

Oil settles 3% as demand concerns outweigh Middle East supply risks

Oil costs calmed down 3% on Wednesday, pressured by a rise in U.S. industrial inventories, weaker economic data from China and U.S. development on Ukraine and Israel...

Asia / Pacific
Jun 2, 2024

Biden pushes higher Chinese metals tariffs in 'Steel City' Pittsburgh

President Joe Biden on Wednesday required sharply higher U.S. tariffs on Chinese metal items as part of a package of policies aimed at pleasing steelworkers in the...

North America
Jun 2, 2024

Trudeau government prompted to walk the talk on Canada's environment policies

Canada's federal spending plan on Tuesday unveiled few emissionscutting policies, however environment advocates state the key for Justin Trudeau's Liberal federal government is to prioritize implementation of...

South America
Jun 2, 2024

Ecuador investigating people who allegedly hid energy supply information

Ecuador will examine more than 20 individuals for apparently purposefully concealing details about energy supply, the government stated on Wednesday as it grapples with a power crisis....

Asia
Jun 2, 2024

US prepares to bring back tariffs on dominant solar technology, sources state

The Biden administration is expected to give a demand by South Korea's Hanwha Qcells to reverse a twoyearold trade exemption that has allowed imports of a dominant...

Europe
Jun 2, 2024

United States FTC preparing to take legal action against to obstruct $8.5 bln takeover of Capri by Tapestry, NYT Dealbook reports

The U.S. Federal Trade Commission ( FTC) is preparing to sue to block Coach parent Tapestry's. $ 8.5 billion offer to purchase Michael Kors owner Capri. ,...

South-West Asia
Jun 2, 2024

Abu Dhabi's TAQA verifies Naturgy shareholder talks as thinks about takeover quote

Abu Dhabi's TAQA remains in talks with the 3 biggest investors of Spanish energy company Naturgy with a view to a possible takeover bid, it stated on...

North America
Jun 2, 2024

United States crude stockpiles increase, items draw down as refining falls - EIA

U.S. crude oil stockpiles rose and gasoline and extract stocks fell more than projection last week as refining decreased for a third week in a. row, the...

Japan
Jun 2, 2024

Earthquake shocks southern Japan's Ehime, Kochi prefectures

An earthquake with a. initial magnitude of 6.4 hit southern Japan late on. Wednesday, said the Japan Meteorological Agency, without releasing. a tsunami warning. The epicentre was...

Netherlands
Jun 2, 2024

Ukraine states Russia steps up unlawful usage of tear gas to clear trenches

The Ukrainian infantryman, call sign Ray, stated he quickly pulled on his gas mask after a Russian drone flying above his trench on the eastern front dropped...

Tajikistan
Jun 2, 2024

Russia cuts train gas exports by 26.5% in April up until now

Russia has reduced fuel exports by rail in April 114 by 26.5% from the exact same duration in March due to an export ban, according to market...

Crude Oil
Jun 2, 2024

Shares edge up however bonds buffeted by Fed disappointment

World shares edged up on Wednesday, though investors stayed careful at the possibility of U.S. rate of interest staying greater for longer, which in turn pushed Treasury...

South America
Jun 2, 2024

US signals Venezuela oil sanctions relief at risk as deadline looms

The Biden administration has actually signified that it could reimpose oil sanctions on Venezuela on Thursday in response to what U.S. officials see as President Nicolas Maduro's...

Germany
Jun 2, 2024

What the fresh march higher in oil means for world markets

Oil costs are up around 16% up until now this year near $90 a barrel, with supply worries high offered intensifying Middle East tensions and titfortat attacks...

Asia / Pacific
Jun 2, 2024

MORNING BID AMERICAS-Blunt Powell indicates rate cut plans on ice

A take a look at the day ahead in U.S. and global markets from Mike Dolan There's no doubt there's a doubt about any U.S. rate of...

Asia / Pacific
Jun 2, 2024

Kazakhstan claims versus Kashagan oil companies leading $150 bln, Bloomberg reports

Kazakhstan has raised its arbitration claims against the international oil majors that established the Kashagan oilfield to more than $150 billion, Bloomberg News reported on Wednesday, mentioning...

Ukraine
Jun 2, 2024

Uniper to help 'green' Deutsche Bahn's electrical power supply

German railway operator Deutsche Bahn and energy Uniper said on Wednesday they had sealed a fiveyear hydroelectric power supply agreement from 2028 to assist both partners reach...

Europe
Jun 2, 2024

Poland to raise cap on home energy rates, draft costs says

The maximum energy price for Polish homes will be set at 500 zlotys ($ 123) per megawatthour (MWh) for the second half of 2024, according to a....

East Africa
Jun 2, 2024

South Africa's PetroSA targets Mozambique gas in brand-new sales offer

South Africa's PetroSA anticipates the first circulations of gas into the nation from a deal with Mozambique's national energy company ENH later this year, officials stated, in...

Crude Oil
Jun 2, 2024

Shares stable however bonds struck by Fed disappointment

World shares steadied on Wednesday though investors stayed cautious at the prospect of U.S. rate of interest staying greater for longer, which in turn pressed Treasury yields...

Asia / Pacific
Jun 2, 2024

Japan oil refiners to tap reserves in case of Middle East disturbance

Japanese oil refiners see no immediate impact from escalating stress in the Middle East on their unrefined procurement, but will utilize the nation's reserves in case of...

South-East Asia
Jun 2, 2024

Asian shares stable however Fed frustration hits bonds

Asian shares steadied from a recent selloff on Wednesday although financiers stay careful after the world's most powerful central banker had a change of heart on U.S....

Energy Markets
Jun 2, 2024

Sluggish tidy power generation development strikes Texas power sector: Maguire

Drops in power generation from wind farms, hydro dams and nuclear reactors has required the operator of the electric grid in Texas among the biggest power systems...

North Asia
Jun 2, 2024

Water levels in Russia's Kurgan cross 'harmful' levels

The water level in the Tobol River around the city of Kurgan in Russia's southern Urals has surpassed the dangerous level mark, RIA state news firm reported...

North America
Jun 2, 2024

Rupture on TC Energy's NGTL gas pipeline sparks wildfire in Alberta

An area of TC Energy's. NGTL gas pipeline system in Alberta ruptured and ignited on. Tuesday, sparking a wildfire in a remote location, the business stated. An...

Asia / Pacific
Jun 2, 2024

Carbon capture will not play major role in steel decarbonisation, report states

Carbon capture, utilisation and storage (CCUS) is unlikely to play a major function in decarbonising the worldwide steel industry due to low capture rates, high expenses and...

Western Europe
Jun 2, 2024

Financial Times - April 17

The following are the leading stories in the Financial Times. has not validated these stories and does not vouch for their precision. Headlines - Alstom near to...

Crude Oil
Jun 2, 2024

Asian shares mixed as Fed's Powell reconsiders rate cuts, yields jump

Asian shares were blended on Wednesday as the world's most powerful central lender had actually a. change of mind on U.S. rate cuts this year, pressing Treasury....

United States
Jun 2, 2024

Oil costs dip as need issues surpass Middle East supply fears

Oil rates reduced in early trade on Wednesday as worries about worldwide need due to weak financial momentum in China and fading wish for U.S. interest rate...

Central America
Jun 2, 2024

Texas regulators fine Freeport LNG for environmental breaches

Texas' environmental regulator has fined liquefied natural gas (LNG) exporter Freeport LNG $152,173 for breaking state air pollution emissions guidelines for periods in between 2019 and 2021,...

South America
Jun 2, 2024

Ecuador's Noboa states energy emergency situation, names interim minister

Ecuadorean President Daniel Noboa declared an energy emergency situation on Tuesday and named an interim energy minister, as the South American country struggles with a dry spell...

North America
Jun 2, 2024

Oil costs flat as financial headwinds counter Mideast supply worries

Oil costs settled partially lower on Tuesday after economic headwinds pressured financier sentiment, curbing gains from geopolitical stress with eyes on Israel and its pending response to...

United States
Jun 2, 2024

Kimmeridge withdraws merger proposition for SilverBow

Kimmeridge Energy Management said on Tuesday it has actually withdrawn its proposal to integrate its gasproducing properties in South Texas with SilverBow Resources . The activist financier,...

Energy Markets
Jun 2, 2024

US stocks end combined on rising Treasury yields, Middle East jitters

Wall Street seesawed to a combined close on Tuesday as increasing U.S. Treasury yields and raised geopolitical concerns counteracted an usually positive string of firstquarter corporate outcomes....

Europe
Jun 2, 2024

US creates environment and trade task force to attend to commerce, manufacturing emissions

The U.S. will produce a. brand-new trade job force targeted at minimizing carbon emissions from. worldwide commerce and production, White Home senior advisor. John Podesta said at...

East European Countries
Jun 2, 2024

Ukraine says it 'ran out of rockets' to stop Russian strike messing up power station

An absence of air defense rockets avoided Ukraine from preventing a Russian rocket attack last week that damaged the most significant power plant in the area around...