China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…
OMV CEO says strict rules on plastic recycling could stifle innovation
Item 1 of 2 OMV CEO Alfred Stern briefs journalists in Vienna, Austria September 22, 2025. REUTERS/Lisa Leutner…
Europe commits to wind energy expansion despite Trump criticism, draft shows
Item 1 of 2 An aerial view shows wind turbines at the Saint-Nazaire offshore wind farm, off the…
Renewables push China’s fossil‑fuelled power into first annual drop in 10 years
BEIJING, Jan 19 (Reuters) – China’s mostly coal-based thermal power generation fell in 2025 for the first time…
Libya devalues dinar by 14.7%, second cut in less than a year
Jan 18 (Reuters) – Libya’s central bank announced a 14.7% devaluation of the dinar on Sunday, setting the…
Exclusive: US to finalize 2026 biofuel quotas by early March, drop import penalties, sources say
Trump administration to finalize 2026 biofuel quotas by early March EPA may adjust bio-based diesel targets slightly lower…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
NEW YORK, Jan 13 (Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce…
Exclusive: Venezuela begins reversing oil output cuts as exports resume, sources say
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Maersk explores more ethanol use for green fuel to cut reliance on China, FT reports
Jan 11 (Reuters) – Danish shipping company Maersk (MAERSKb.CO), opens new tab is looking at increasing its use…
Trump says he will meet with health insurers ‘in a few days’
WASHINGTON, Jan 6 (Reuters) – U.S. President Donald Trump said on Tuesday he would meet with representatives from…
Oil dips on ample supply outlook, market weighs Venezuelan output
SINGAPORE, Jan 6 (Reuters) – Oil prices fell on Tuesday on expectations of ample global supply amid weak…