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

Israel’s Ben-Gvir, in leaked audio, cautious on advancing far-right agenda

Israel's Ben-Gvir, in leaked audio, cautious on advancing far-right agenda

JERUSALEM, Nov 27 (Reuters) – A far-rightist on track to a key post in Israel’s incoming government has warned his party not to try to move too quickly with its agenda, saying in a recording leaked on Sunday that some planned legislation could backfire . Prime Minister-designate Benjamin Netanyahu last week promised Jewish Power leader … Read more

US Soccer briefly removed emblem from Iran flag to show support for protesters

US Soccer briefly removed emblem from Iran flag to show support for protesters

AL RAYYAN, Qatar, Nov 27 (Reuters) – The United States Soccer Federation temporarily displayed Iran’s national flag on social media without the emblem of the Islamic Republic as a show of solidarity with protesters in Iran ahead of the two teams’ World Cup clash on Tuesday. A now-deleted graphic of the Group B standings posted … Read more

Niece of Iran’s Supreme Leader urges world to cut ties with Tehran -online video

Niece of Iran's Supreme Leader urges world to cut ties with Tehran -online video

DUBAI, Nov 27 (Reuters) – Iranian Supreme Leader Ayatollah Ali Khamenei’s niece, a well known rights activist, has called on foreign governments to cut all ties with Tehran over its violent crackdown on popular unrest kindled by the death in police custody of a young woman. A video of a statement by Farideh Moradkhani, an … 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

Twin blasts in Jerusalem kill one in suspected Palestinian attack

Twin blasts in Jerusalem kill one in suspected Palestinian attack

At least 14 injured in two blasts at bus stops Hamas praises attack, does not claim responsibility Explosions recall bus bomb attacks in 2000-05 JERUSALEM, Nov 23 (Reuters) – Two bombs exploded at bus stops on Jerusalem’s outskirts on Wednesday, killing a 16-year-old boy and wounding at least 14 other people in what appeared to … Read more

Turkish air strikes target Kurdish militants in Syria, Iraq after bomb attack

Turkish air strikes target Kurdish militants in Syria, Iraq after bomb attack

Attack in Istanbul on Nov. 13 killed six people Ankara has blamed Kurdish activists for the blast PKK, Kurdish-led Syrian Democratic Forces deny involvement SDF says 11 civilians killed in strikes ISTANBUL, Nov 20 (Reuters) – Turkish war planes carried out air strikes on Kurdish militant bases in northern Syria and northern Iraq on Sunday, … Read more

Countries adopt COP27 deal with ‘loss and damage’ fund

Countries adopt COP27 deal with 'loss and damage' fund

SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries adopted a hard-fought final agreement at the COP27 climate summit early on Sunday that sets up a fund to help poor countries being battered by climate disasters – but does not boost efforts to tackle the emissions causing them. After tense negotiations that ran through the night, … 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