Oil prices weakened Monday as supply problems dissipated and concerns about the rapid rise of Omicron cases in China, the second largest economy in the world, came to the fore.…
U.S. oil stockpiles fell more than expected in the latest week, the Energy Information Administration said on Wednesday. Crude inventories declined by 4.584 million barrels last week, compared with analyst…
(Reuters) -British power generator Drax aims to double its sustainable biomass production capacity by 2030, to capitalise on increasing demand from Europe and Asia as countries transition away from coal.…
NEW YORK (Reuters) – Global stock benchmarks and oil prices fell sharply on Tuesday after drugmaker Moderna (NASDAQ:MRNA) warned that existing vaccines are unlikely to be as effective against the new coronavirus…