World News

Denver weather: Cameron Peak wildfire smoke will make for a hot, hazy Labor Day

Smoke from the Cameron Peak wildfire is expected to choke a swatch of Colorado Monday, stretching from Fort Collins and Greeley to Boulder, Denver and as far south as Douglas County. The smoke plume is expected to be just as bad Monday as it was Sunday, and it likely will center itself over the metro […]

World News

Mediterranean crisis: Turkey warns Greece, slams 'bully' France

Turkey warns Greece of retaliation if attacked amid claims in energy-rich region as Ankara accuses Paris of ‘bullying’. Turkey has warned Greece of retaliation against any attack on its survey vessel in the eastern Mediterranean and accused France of acting like a bully amid escalating tensions in the energy-rich region. Speaking to reporters after Friday prayers […]

World News

Trump says someone shot near White House

US President Donald Trump has said someone was shot near the White House, after abruptly leaving a news conference. Mr Trump told reporters the incident “seems very well under control”. He reappeared moments after a member of his security detail walked on stage during his remarks to reporters and escorted him out. Mr Trump was […]

Business

Oil prices struggle to hold five-month high amid pandemic worries

MELBOURNE (Reuters) – Oil prices were unchanged on Thursday, struggling to hold onto five-month highs reached in the previous session, as fuel demand worries caused by a second wave of coronavirus infections outweighed declines in the U.S. dollar. U.S. West Texas Intermediate (WTI) crude CLc1 futures were down 3 cents, or 0.1%, at $42.16 a […]

Business

Oil down nearly 4% as virus surge weighs on demand outlook

LONDON (Reuters) – Oil prices fell by around 4% on Thursday, as surging coronavirus infections around the world threatened to jeopardise a recovery in fuel demand just as major oil producers are set to raise output. U.S. West Texas Intermediate (WTI) crude futures were down $1.52, or 3.7%, at $39.75 a barrel at 1401 GMT. […]

Business

Oil rises after surprise drop in U.S. inventories offsets demand concerns

TOKYO (Reuters) – Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States increased against expectations, giving the market a boost amid record increases of coronavirus infections in the U.S. and elsewhere. Brent crude LCOc1 was up by 24 cents, or 0.6%, at $43.46 a barrel by 0041 […]

Business

Oil rises after U.S. crude stocks drop, focus on OPEC+ meeting

SEOUL (Reuters) – Oil prices rose on Wednesday after a sharp drop in U.S. crude inventories, with the market waiting for more direction from a meeting later in the day on the future level of production by OPEC and its allies. Brent crude LCOc1 futures were up 10 cents, or 0.2%, at $43 a barrel […]

Business

Oil edges lower as U.S. stockpiles grow more than expected

TOKYO (Reuters) – Oil futures edged lower on Wednesday, extending losses from the previous day, after U.S. crude stockpiles grew more than expected, adding to worries about oversupply, although a fall in gasoline stocks kept the decline in check. Brent crude was down 2 cents at $42.61 a barrel by 0045 GMT, while U.S. West […]

Business

Oil dips as demand worries outweigh tighter supply

SINGAPORE (Reuters) – Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers. Brent crude LCOc1 fell 10 cents, or 0.2%, to $42.04 a barrel by 0655 GMT, while U.S. crude CLc1 was at $39.72 a […]

Business

Oil edges up on tighter supply, but demand worries limit gains

SINGAPORE (Reuters) – Oil prices nudged higher on Monday on tighter supplies from major producers, but a record rise in global coronavirus cases raised concerns a recovery in fuel demand could stall, checking gains. Brent crude LCOc1 rose 8 cents, or 0.2%, to $42.22 a barrel by 0249 GMT, while U.S. crude CLc1 was at […]