Putin is open to talks and diplomacy on Ukraine, Kremlin says

Putin is open to talks and diplomacy on Ukraine, Kremlin says

Putin open to talks on Ukraine Russia will not pull out of Ukraine Kremlin strikes a dovish tone Biden says prepared to speak to Putin with conditions MOSCOW, Dec 2 (Reuters) – President Vladimir Putin is open to talks on a possible settlement to the conflict in Ukraine and believes in a diplomatic solution, the … Read more

Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more

Stocks and oil rise on hopes of looser COVID curbs in China

Stocks and oil rise on hopes of looser COVID curbs in China

Euro STOXX 600 up 0.4% Oil prices rebound on China hopes, talk of output cuts Dollar falls as investors seek riskier assets China property shares rally on policy support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil gained on Tuesday on hopes that public unrest in China might prompt an earlier loosening of COVID-19 … Read more

US crude turns positive, Brent pares losses on output on OPEC+ rumors

Oil muted as price cap proposal eases supply concerns

US crude reverses losses on OPEC+ production cut rumors WTI hits lowest since Dec 2021, Brent at lowest since Jan 2022 Clashes in Shanghai as COVID protests flare across China Nov 28 (Reuters) – US crude turned positive and Brent pared losses on Monday after falling to close to their lowest levels in a year, … Read more

China’s anti-lockdown protests shake stocks and oil

China's anti-lockdown protests shake stocks and oil

China announces record new local COVID cases Commodities sold off amid demand concerns Dollar slips against yen, Swiss franc NEW YORK/ LONDON, Nov 28 (Reuters) – US stocks tracked a decline in equities worldwide and oil was sold off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs fueled … Read more

Ukraine nuclear boss says he sees signs Russia may leave occupied plant

Ukraine nuclear boss says he sees signs Russia may leave occupied plant

KYIV, Nov 27 (Reuters) – The head of Ukraine’s state-run nuclear energy firm said on Sunday there were signs that Russian forces might be preparing to leave the vast Zaporizhzhia nuclear power plant which they seized in March soon after their invasion. Such a move would be a major battlefield change in the partially-occupied southeastern … Read more

Snowy Kyiv grapples with power outages amid fears of new attacks

Snowy Kyiv grapples with power outages amid fears of new attacks

Ukraine racing to repair infrastructure hit by Russia Winter setting in with around 20% energy capacity deficit Party boss says coming week could be ‘really difficult’ KYIV, Nov 27 (Reuters) – Snow fell in Kyiv and temperatures hovered around freezing on Sunday as millions in and around the Ukrainian capital struggled with disruptions to electricity … Read more

Chevron can resume key role in Venezuela’s oil production, exports

Chevron can resume key role in Venezuela's oil production, exports

WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a US license allowing the second-largest US oil company to expand its production in Venezuela and bring the South American country’s crude oil to the United States. The decision grants broader rights for the last big US oil company still operating in US-sanctioned Venezuela. However, … Read more

Oil muted as price cap proposal eases supply concerns

Oil muted as price cap proposal eases supply concerns

G7 price cap on Russian oil could be above current trading level EIA gasoline stocks data shows higher than expected build COVID-19 controls tighten in China Nov 24 (Reuters) – Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of … Read more

Oil slides over 3% on Russian price cap talks, US gasoline build

Oil slides over 3% on Russian price cap talks, US gasoline build

EIA US gasoline stocks data shows higher-than-expected build G7 price cap on Russian oil could be above current trading level Chinese demand concerns weigh as COVID-19 cases surge Majority of Fed officials see rate hikes slowing soon HOUSTON, Nov 23 (Reuters) – Oil prices fell more than 3% on Wednesday, continuing a streak of volatile … Read more