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U.S. renewable fuel prices climb 25% after report on small refinery waiver program

Commodities17 hours ago (Feb 26, 2020 03:11PM ET) By Stephanie Kelly NEW YORK (Reuters) – U.S. renewable fuel prices rose 25% on Wednesday, traders said, after a Bloomberg report stated that the Trump administration has decided to pare exemptions for oil refineries from the nation’s biofuel blending laws. In late January the U.S. Court of […]

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Gold Mixed After Wall Street’s Rise; Return to 7-Year Highs Likely

Commodities17 hours ago (Feb 26, 2020 03:04PM ET) By Barani Krishnan Investing.com – Gold prices were mixed on Wednesday after a rebound in U.S. stocks slowed fund flows into safe havens, but analysts said the yellow metal was within target of returning to seven-year highs due to fears around the coronavirus crisis and expectations of […]

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Lebanon to begin offshore energy drilling on Thursday

Commodities18 hours ago (Feb 26, 2020 01:56PM ET) BEIRUT (Reuters) – Lebanon’s search for offshore oil and gas will begin on Thursday, President Michel Aoun said, as the country grapples with an unprecedented financial crisis. The results from the first exploratory well are expected in the next two months, the chairman of the Lebanese Petroleum […]

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U.S. Oil Inventories Rose by 452,000 Barrels Last Week – EIA

Commodities21 hours ago (Feb 26, 2020 11:01AM ET) (C) Reuters. By Kim Khan Investing.com – Stockpiles of U.S. crude oil rose less than traders expected last week, the Energy Information Administration reported Wednesday. Oil prices added to small gains after the report came out. Oil inventories climbed by 452,000 barrels for the week ended Feb. […]

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Crude Oil Hits 14-Month Lows as Pandemic Fears Pressure Demand Outlook

CommoditiesFeb 26, 2020 04:49AM ET (C) Reuters. By Noreen Burke Investing.com – Crude oil prices fell to their lowest levels in 14 months on Wednesday, extending losses into a fourth day as concerns about the spread of the coronavirus and its impact on oil demand weighed. U.S. West Texas Intermediate crude hit an intra-day low […]

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Anti-Trump businesswomen are nervous about Warren, and the Democratic debate didn’t help..

It has been a big month for Sen. Elizabeth Warren. She was center stage in this week’s Democratic debate, following recent poll numbers that showed her leading the field. Her third-quarter fundraising total of $24.6 million exceeded former Vice President Joe Biden’s and put her on par with Sen. Bernie Sanders, a top fundraiser this year. But rising along with Warren is anxiety […]