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Oil Clearance Effort for Keystone Pipeline Spill Will Extend Until Next Week, Says US EPA

Oil Clearance Effort for Keystone Pipeline Spill Will Extend Until Next Week, Says US EPA

Dec 9 (Reuters) – The effort to clear oil from the largest crude oil spill in the United States in nearly a decade will continue until next week, the U.S. Environmental Protection Agency said on Friday. environment, making it likely that the Keystone pipeline will be shut down for several more days. TC Energy (TRP.TO) …

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Analysis: Russia's G7 oil price ceiling moves from revenue squeeze to market anchor

Analysis: Russia’s G7 oil price ceiling moves from revenue squeeze to market anchor

WASHINGTON, Dec 6 (Reuters) – When U.S. officials first floated the idea of ​​capping Russian oil export prices in response to a planned European embargo in March, they pledged to cut revenue of the Russian war machine, while avoiding a devastating spike in oil prices. But keeping Russian oil on the market and global prices …

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Asian equities bet on a possible opening of China;  oil gain

Asian equities bet on a possible opening of China; oil gain

https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …

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

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

WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a U.S. license allowing the second-biggest U.S. oil company to expand production in Venezuela and ship crude oil from the South American country to the United States . The ruling grants broader rights to the last major US oil company still operating in US-sanctioned Venezuela. …

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US ready to allow Chevron to increase oil production in Venezuela

US ready to allow Chevron to increase oil production in Venezuela

US ready to allow oil giant to produce and sell Venezuelan oil Chevron owes billions in unpaid debt to state-owned PDVSA US aims to transfer Venezuelan oil sales from shadow companies HOUSTON, Nov 23 (Reuters) – Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading in its oil once …

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Asian stock markets fret over China's COVID outbreaks, Fed outlook

Asian stock markets fret over China’s COVID outbreaks, Fed outlook

https://tmsnrt.rs/2zpUAr4 China’s coronavirus outbreaks are a setback to loosen hopes Dollar and bonds stable ahead of Fed minutes Oil prices fragile after losing 10% last week SYDNEY, Nov 21 (Reuters) – Asian stock markets turned hesitant on Monday as investors worried about the economic fallout from new COVID-19 restrictions in China, while bonds and the …

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Global stocks edge higher on hopes recession warning will force Fed's hand

Global stocks edge higher on hopes recession warning will force Fed’s hand

Most inverted U.S. yield curve since 1981 MSCI global shares up 0.2%, weekly eye loss NEW YORK/LONDON, Nov 18 (Reuters) – Global stocks edged higher and a key part of the Treasury yield curve inverted further on Friday, a sign that the U.S. economy will stagnate next year and investors hope to induce the Federal …

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Stocks and bonds sanctioned as Fed and ECB urge caution

Stocks and bonds sanctioned as Fed and ECB urge caution

Fed’s Waller downplays CPI as a single number Beijing outlines ownership support and COVID steps Biden meets China’s Xi at G20 Limited fallout for other assets during FTX collapse LONDON, Nov 14 (Reuters) – Stocks stabilized and bond yields remained near multi-year highs on Monday after U.S. and European central bankers urged caution as they …

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