US oil production fell to 11-month low in January, data shows

US oil production fell to 11-month low in January, data shows

NEW YORK (Reuters) -U.S. crude oil production fell by 305,000 barrels per day to 13.15 million bpd in January, the lowest level since February 2024, data from the U.S. Energy Information Administration showed on Monday.That was the biggest decline in monthly U.S. oil...
US FDA approves Sanofi’s bleeding disorder therapy

US FDA approves Sanofi’s bleeding disorder therapy

By Sriparna Roy and Padmanabhan Ananthan(Reuters) -The U.S. Food and Drug Administration approved French drugmaker Sanofi’s hemophilia therapy, introducing a new type of treatment administered every two months for patients with the rare blood clotting disorder,...