Oil prices rise as supply uncertainty mounts
Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet still robust demand. Continue Reading
Saudi Arabia Will Supply Full Oil Volumes To North Asian Refiners In October
Saudi Arabia will supply the full contractual volumes to at least three customers in North Asia, sources familiar with refiners’ allocations from the world’s top crude oil exporter told Reuters Continue Reading
Israel sees no new Iran nuclear deal before U.S. November mid-terms
Israel does not anticipate a renewal of Iran’s nuclear deal with world powers before the U.S. mid-term elections in November, an Israeli official said on Sunday, after European parties to Continue Reading
Nigeria’s Oil Industry Headwinds Worsen, Production Drops to Record Low, 972,394
Nigeria’s oil sector challenges appear to be worsening, with production hitting a record low of 972,394 barrels per day in August, according to data obtained from the Nigerian Upstream Petroleum Continue Reading
Pakistan races to keep floodwaters out of power station that supplies millions
Authorities in Pakistan are scrambling to protect a vital power station supplying electricity to millions of people against a growing threat of flooding, officials said on Monday, taking steps such Continue Reading
India may need up to 28 GW in new coal-fired plants, advisory body says
A worker carries coal in a basket in a industrial area in Mumbai, India May 31, 2017. REUTERS/Shailesh Andrade/File Photo NEW DELHI, Sept 12 (Reuters) – India may need up Continue Reading
Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. Continue Reading
Australia’s Next Climate Struggle Is How Fast to Cut Emissions
The battle for the future of Australia’s climate policy is no longer about whether to cut carbon emissions — it’s about how fast to act. On one side, pro-climate lawmakers Continue Reading
Oil prices could spike in winter, Yellen says
U.S. Treasury Secretary Janet Yellen on Sunday said Americans could experience a spike in gas prices in the winter when the European Union significantly cuts back on buying Russian oil, Continue Reading
Inflation Showed Signs of Easing in Several Industries in August
U.S. consumer-price inflation showed signs of moderating in August for the second straight month, though the decrease was uneven across sectors and it remains unclear whether the slowdown will continue. Continue Reading