Commodities

Commodities News

Russian missile wounds 12 in Ukrainian town not far from nuclear plant

KYIV (Reuters) -A Russian missile hit a residential area of a southern Ukrainian town not far from a nuclear power station on Saturday, wounding 12 civilians and heightening fears of.

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U.S. NHC says 70% chance of cyclone forming over southwestern Gulf of Mexico

(Reuters) – A tropical storm warning is in effect for the Gulf coast of Mexico from Boca de Catan north to the mouth of the Rio Grande river as a.

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Commodities News

Judge rules oil pipeline dispute between Enbridge and Michigan belongs in federal court

By Nia Williams (Reuters) -A state of Michigan lawsuit that aims to force Enbridge (NYSE:ENB) Inc to stop operating the Line 5 oil pipeline underneath the Straits of Mackinac in.

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Oil companies work around Jones Act to supply U.S. fuel markets

By Laura Sanicola (Reuters) – U.S. oil companies are working around a century-old shipping law to supply fuel to the U.S. East Coast, according to data from Refinitiv and oil.

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Ethanol could get boost from carbon capture credits in Biden climate law

By Leah Douglas WASHINGTON (Reuters) – A major expansion in tax credits for companies that capture and store carbon emissions under U.S. President Joe Biden’s new climate law could be.

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Oil prices hold steady as recession worries offset lower U.S. stocks

By Florence Tan (Reuters) -Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential.

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Oil Recovery Runs Out of Gas on Fears of a Supply Glut

By Ambar Warrick Investing.com– Oil prices sank on Thursday, cutting short a recent recovery as traders feared a revived Iran Nuclear Deal and increased output from Russia would flood the.

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Commodities News

Californians urged to cut power use during extreme heat

By Brendan O’Brien and Scott DiSavino (Reuters) – California’s grid operator urged the state’s 40 million people to ratchet down the use of electricity in homes and businesses on Wednesday.

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U.S. big company oil reserves up 13% since 2017, deals drive recent growth -study

NEW YORK (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released.

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Commodities News

Analysis-Oil prices turn more volatile as investors exit the market

By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global.

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