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

Ukraine says Russia pulls back forces from river towns opposite Kherson

Ukraine says Russia pulls back forces from river towns opposite Kherson

Kyiv: Russia withdraws some troops from Oleshky, nearby towns Ukrainian embassy in Spain hit by letter bomb Heavy trench warfare in east as winter sets in KYIV, Dec 1 (Reuters) – Ukraine’s military said on Thursday Russia had pulled some troops from towns on the opposite bank of the Dnipro River from Kherson city, the … 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 lockdown protests spread to campuses and cities abroad

China's lockdown protests spread to campuses and cities abroad

HONG KONG, Nov 28 (Reuters) – Protests against China’s strict zero-COVID policy and restrictions on freedoms have spread to at least a dozen cities around the world in a show of solidarity with rare displays of defiance in China over the weekend. Expatriate dissidents and students staged small-scale vigilantes and protests in cities around the … 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

COP27 nears breakthrough on climate finance in scramble for final deal

COP27 nears breakthrough on climate finance in scramble for final deal

Countries studying details of new draft agreement Delegates herald possible breakthrough on loss and damage US proposes “phase out” of fossil fuels Some nations want firmer goals on long-term action SHARM EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund to … Read more

Nord Stream leaks confirmed as sabotage, Sweden says

Nord Stream leaks confirmed as sabotage, Sweden says

Sweden says damage to Nord Stream pipes was “gross sabotage” Traces of explosives found at site during investigations Further probe will determine if any suspects can be identified STOCKHOLM, Nov 18 (Reuters) – Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken place, a … Read more

Ukraine may get access to missile blast site – Polish officials

Ukraine may get access to missile blast site - Polish officials

PRZEWODOW, Poland/WARSAW, Nov 17 (Reuters) – Ukraine may get the access it has demanded to the site in the border area of ​​southeastern Poland where a missile killed two people on Tuesday, Polish officials said on Thursday. Warsaw and its Western allies say evidence from the scene points to the explosion being caused by a … Read more