Oil prices pause after 5-day winning streak

BENGALURU, Aug 13 (Reuters): Oil prices were stable on Tuesday after five straight winning sessions as supply risks posed by widening Middle Eastern conflict were tempered by demand concerns a day after OPEC cut its forecast for demand growth in 2024.Benchmark Brent crude futures were down 44 cents, or 0.53...

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Ukraine approves $20b plan to increase renewable energy production by 2030

KYIV, Aug 13 (Reuters): Ukraine will need $20 billion in investments to develop its renewable power sector under a plan which seeks to boost its share in the country's energy mix to 27 per cent by 2030, the government said on Tuesday.The country's energy sector has lost half of its...

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Gold drops on profit-taking, US inflation data in focus

LONDON, Aug 13 (Reuters): Gold prices fell on Tuesday as investors locked in profits after the metal closed at an all-time high in the previous session and ahead of key U.S. inflation data that could influence bets around the Federal Reserve's monetary policy path.Spot gold was down 0.3 per cent...

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