Oil holds steady as market shrugs off Venezuela upheaval
Oil held broadly steady on Monday as traders shrugged off any possible impact on oil flows from the US capture of President Nicolas Maduro of Venezuela, home of the biggest global oil reserves, reports Reuters.Brent crude futures were up 37 cents, or 0.6 per cent, to $61.12 a barrel at...
Read more
US pushes oil majors to invest big in Venezuela
HOUSTON, Jan 5 (Reuters): White House and State Department officials have told US oil executives in recent weeks that they would need to return to Venezuela quickly and invest significant capital in the country to revive the damaged oil industry if they wanted compensation for assets expropriated by Venezuela two...
Read more
BREB AND PALLI BIDYUT SAMITY DISTRIBUTE BLANKETS
BREB AND PALLI BIDYUT SAMITY DISTRIBUTE BLANKETS The Bangladesh Rural Electrification Board (BREB) and the Krira, Sangskriti and Kalyan Parishad of 80 Palli Bidyut Samity have distributed blankets among cold-affected people across the country recently.
Read more
Boom in battery storage strengthens demand outlook for beaten-down lithium
BEIJING/SINGAPORE, Jan 5 (Reuters): A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accelerated turnaround for an industry struggling with oversupply.The lithium market has been grappling with a supply glut since the second half of 2022, with demand failing to keep...
Read more
Safe-haven gold propelled to one-week high
Gold prices sprinted to a more than one-week high on Monday, edging closer to their record peak, as geopolitical turmoil stirred up by the US capture of Venezuelan President Nicolas Maduro sparked a flight to safety, reports Reuters.Spot gold climbed 2.3 per cent to $4,430.27 an ounce by 1123 GMT...
Read more
