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Oil futures up 3% on strong China refinery data, weaker US dollar

Oil futures up 3% on strong China refinery data, weaker US dollar

Jun 15, 2023 | Business, Economy, Europe, Middle East, UK, US

By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker U.S. dollar and a jump in refinery runs in top crude importer China. Brent futures rose $2.47, or 3.4%, to settle at $75.67 a barrel, while U.S. West Texas...
NATO calls for common standards in push to boost defence production

NATO calls for common standards in push to boost defence production

Jun 14, 2023 | Canada, Europe, Politics, Top News, UK, US

By Sabine Siebold and Andrew Gray Brussels (Reuters) – NATO must work harder to set common standards for weapons and ammunitions, its chief said on Wednesday, as the alliance tries to boost defence production amid a Ukrainian counteroffensive likely to deplete...
Activision intervenes in Microsoft challenge to UK regulator’s block

Activision intervenes in Microsoft challenge to UK regulator’s block

Jun 10, 2023 | Business, Economy, Europe, Politics, Technology, UK, US

LONDON (Reuters) – “Call of Duty” maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over its decision to block the $69 billion takeover. Microsoft is appealing...
AstraZeneca’s Tagrisso slashes death risk in certain post-surgery lung cancer patients

AstraZeneca’s Tagrisso slashes death risk in certain post-surgery lung cancer patients

Jun 4, 2023 | Business, Economy, Europe, Health, UK

By Natalie Grover LONDON (Reuters) – AstraZeneca’s lung cancer therapy, Tagrisso, cut the risk of death by more than half in patients with a certain form of lung cancer who were diagnosed early enough to have their tumour surgically removed, trial data...
Oil ticks up as markets weigh U.S. debt deal, rate hike possibility

Oil ticks up as markets weigh U.S. debt deal, rate hike possibility

May 29, 2023 | Business, Economy, Europe, Middle East, UK, US

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged higher in choppy trading on Monday, as markets weighed a tentative U.S. debt ceiling deal that would avert a default by the world’s top oil consumer against further Federal Reserve interest rate...
Oil rises as US gasoline supplies tighten, Saudi says: ‘watch out’

Oil rises as US gasoline supplies tighten, Saudi says: ‘watch out’

May 23, 2023 | Business, Economy, Europe, Middle East, UK, US

By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Tuesday on forecasts for a tighter gasoline market and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ output cuts. Brent crude futures rose 85 cents, or 1.1%, to...
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