energy

Trading Day: Chips bounce back, oil eases Reuters

Oil prices gain as focus shifts to supply recovery and demand Reuters

China giveth and China taketh away. Beijing managed to do both these things at once in its response to the Strait of Hormuz oil shock. By massively reducing its imports of crude, it gave to the world, becoming the “invisible hand” that stopped prices from reaching $200 a barrel. But what if much of

Japan’s state-backed Inpex Corp. signed a 15-year deal with Abu Dhabi National Oil Co. for the supply of liquefied natural gas from its project in the Persian Gulf.

A laden liquefied natural gas carrier was hit by a projectile near the Omani coast as it exited the Strait of Hormuz, heightening unease among shipowners and testing a US-Iran agreement intended to halt attacks in the waterway. Bloomberg's Stuart Livingstone-Wallace breaks down the situation. (Sourc

Team USA look to extend their World Cup journey on home soil as they take on Belgium in a last-16 clash in Seattle, with the buildup to the match overshadowed by a row raging over US President Donald Trump's extraordinary intervention to earn a red-card reprieve for striker Folarin Balogun. Follow o

Graham Platner hopes to unseat Republican Sen. Susan Collins, but the Democrat's campaign is reeling from a bombshell allegation by Jenny Racicot.

China boosts oil purchases from Middle East as Saudi slashes prices on exports to Asia

Oil held a drop on signs of growing global oversupply, with Saudi Arabia slashing prices of its main grade to Asia and maritime traffic through the Strait of Hormuz picking up.

EXCLUSIVE: UAE crude output nears record following OPEC exit, sources say Reuters