By Arathy Somasekhar HOUSTON (Reuters) -U.S. crude oil stockpiles in the Strategic Petroleum Reserve (SPR) at year-end will be at or exceeding the level prior to a massive 180 million barrel sale two[...]
Read moreMarch 18, 2024
Exxon CEO says not trying to buy Hess but eyes its Guyana stake
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp’s Guyana assets in its dispute with Chevron, not b[...]
Read moreDollar up, yen steady as BOJ policy shift looms
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar edged higher on Monday ahead of a slew of central bank meetings this week, with the Bank of Japan potentially set to end negat[...]
Read moreTurkey moves against Meta over Threads-Instagram data sharing
ISTANBUL (Reuters) – Turkey’s competition authority on Monday imposed an interim measure on Meta Platforms Inc meant to hinder data sharing between the Instagram and Threads platforms as i[...]
Read moreOil mergers, clean fuels vie for attention at Houston energy conference
By Arathy Somasekhar HOUSTON (Reuters) -Top oil executives and ministers descend on Houston this week for one of the world’s biggest energy conferences emboldened by blockbuster mergers, stable[...]
Read moreUnited Airlines CEO vows review of recent safety incidents
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines is reviewing recent safety incidents involving its planes and using the insights to update safety training and procedures for employees, CEO Sc[...]
Read moreTesla shares gain after Model Y price hike in US, Europe
By Chibuike Oguh NEW YORK (Reuters) -Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the U[...]
Read moreAstraZeneca to cap out-of-pocket inhaler costs in US, following rival Boehringer’s move
(Reuters) -Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 per month in the United States from June, following a similar move by rival[...]
Read moreOil prices climb 2% to 4-month high on lower Iraq, Saudi exports
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% to a four-month high on Monday on lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth in C[...]
Read more