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

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

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

Russian missiles pound Ukrainian energy facilities and defence plant

Russian missiles pound Ukrainian energy facilities and defence plant

Russia carries out new missile strikes in Ukraine Two deaths reported in southeast Ukraine overnight Gas production facilities damaged, Naftogaz says KYIV, Nov 17 (Reuters) – Russia pounded Ukrainian energy facilities and a huge rocket booster factory on Thursday in a new wave of missile strikes that Ukrainian officials denounced as terrorism. Explosions echoed though … Read more

Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand

Buffett's Berkshire loses money as stocks, Hurricane Ian offset rising demand

Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate’s businesses. Operating profit nevertheless rose by 20%, topping analyst forecasts. Berkshire benefited from increased demand and prices … Read more

Oil falls to nearly 6-month lows after surprise US crude, gasoline build

Oil falls to nearly 6-month lows after surprise US crude, gasoline build

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US November 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register US crude, gasoline stockpiles rise unexpectedly – EIA OPEC+ decides on small 100,000 bpd increase to output target US had … Read more

BP boosts dividend after profit hits 14-year high

BP boosts dividend after profit hits 14-year high

Profits soar to $8.45 bln, far exceeding forecasts BP boosts dividend by 10% BP to boost spending on oil and gas, CEO says Profits driven by strong oil trading, hit by LNG LONDON, Aug 2 (Reuters) – BP’s (BP.L) second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins … Read more

U.S. targets Chinese, UAE firms in new Iran oil sanctions

U.S. targets Chinese, UAE firms in new Iran oil sanctions

Model of petrol pump is seen in front of US and Iran flag colors in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 2 (Reuters) – The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens … Read more