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Sinopec has agreed to invest US$3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in the southern Hambantota region, according to the Sri Lanka ...

Stubbornly high readings on inflation and a run of better-than-expected updates on the U.S. economy have sent Wall Street into a weekslong rut ... rose 1.8% in Hong Kong and 2.5% in Shanghai. Crude ...

Two women, representing climate activist group Just Stop Oil, have been arrested after spray-painting the grave of Charles Darwin at Westminster Abbey in London. The two activists, named as 66 ...

Just Stop Oil (JSO) protesters have spray-painted Charles Darwin's grave in Westminster Abbey to highlight rising global temperatures, the climate protest group has said. The slogan "1.5 is dead ...

Global oil prices are on track to settle at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude exports. Benchmark Brent crude futures rose more than ...

On the winning side of Wall Street were oil-and-gas companies after the price of oil climbed. A barrel of benchmark U.S. crude rose 2.9% to $78.82, while Brent crude climbed 1.6% to $81.01.

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With the economy booming, a friendly Federal Reserve at its back and Donald Trump headed to the White House, Wall Street saw nothing but upside as the calendar turned. Ten days into 2025 and hopes ...

0909 GMT – Oil prices are edging lower in early trade after falling more than 1% in the previous session due to a stronger U.S. dollar and rise in U.S. fuel stockpiles. Brent crude is down 0.1% ...