Israeli Prime Minister Benjamin Netanyahu speaks as he chairs the

Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

By Devika Krishna Kumar and Florence Tan NEW YORK/SINGAPORE (Reuters) – Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from […]

Hezbollah says all-out war with Israel unlikely in coming months

BEIRUT (Reuters) – The deputy leader of Lebanon’s powerful Hezbollah movement on Sunday dismissed the prospect of an escalation of violence between the Iran-backed movement and Israel despite increased tensions in the last week. “The atmosphere does not indicate a war … It’s unlikely, the atmosphere of war in the next few months,” Sheikh Naim […]

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

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 Appeals for the 10th Circuit said the Environmental […]