Oil Gains for 2nd Week, But Prices Range-Bound Again

© Reuters. By Barani Krishnan  Investing.com – Oil put in a second week of gains as crude prices reentered range-bound trading on Friday on concerns about slowing U.S. jobs growth and the Covid situation in No. 3 energy consuming nation India. New York-traded , the benchmark for U.S. crude, settled up 19 cents, or 0.3%, […]

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Exclusive-Saudi Arabia wants to see “verifiable deeds” from talks with Iran, says official

© Reuters. FILE PHOTO: The Iranian flag waves in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria, March 1, 2021. REUTERS/Lisi Niesner/File Photo By Ghaida Ghantous DUBAI (Reuters) – A Saudi foreign ministry official said on Friday that talks between Saudi Arabia and Iran aim to reduce regional tensions, but added […]

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German government, aviation sector agree on ‘green’ aviation fuel plan

© Reuters. FILE PHOTO: A general view of planes at the new Berlin-Brandenburg Airport ‘Willy Brandt’ in Schoenefeld near Berlin, Germany October 29, 2020. REUTERS/Hannibal Hanschke BERLIN (Reuters) – German Chancellor Angela Merkel’s government has agreed with the aviation industry and regional authorities on a roadmap for the development and use of “green” aviation fuel, […]

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No longer dirty? EU leaders want to challenge perceptions of lithium mining

© Reuters. By Catarina Demony and Sergio Goncalves LISBON (Reuters) – Environmental worries have boosted anti-lithium sentiment across Europe and EU officials say it is crucial to show local populations that mining the metal used in electric car batteries is no longer a “dirty operation.” Tapping European deposits of lithium is an important part of […]

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United Airlines sees first-quarter revenue falling 66%

© Reuters. FILE PHOTO: United Airlines first new livery Boeing 737-800 sits at a gate O’Hare International Airport in Chicago (Reuters) -United Airlines said it expects first-quarter revenue to drop by 66%, which is near the lower end of its prior forecast, buoyed by improving demand for domestic travel. The company said it now expects […]

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Dollar bounces higher as traders brace for inflation data

© Reuters. U.S. one dollar banknotes are seen in this illustration By Tommy Wilkes LONDON (Reuters) – The dollar gained ground on Monday after last week’s drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation and retail sales data in coming days. Elsewhere it was a quiet start to a […]

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