Oil Rises After Industry Report Shows Another US Stockpile Draw

-- Oil rose for the first time in four sessions after an industry report pointed to a fifth week of drawdowns in US stockpiles.Rich Hong Kong Families Sell Mansions at Discounts to Repay Debt

The central bank is widely expected to keep rates on hold when it meets later Wednesday, and traders will look to Chair Jerome Powell’s remarks after for confirmation of bets that they will be cut in September. They will also be watching developments in the Middle East, where Israel said it killed a senior Hezbollah commander with an airstrike on Beirut in response to an attack in the Golan Heights that left 12 young people dead over the weekend.

NEW YORK — New York City Mayor Eric Adams is standing by a top adviser and longtime friend who faces allegations that he sexually harassed female colleagues and retaliated against those who raised alarm over the alleged misconduct.SUPPLY, N.C. — A day after confirming he wouldn’t be a candidate for Vice President Kamala Harris’ running mate, North Carolina Gov. Roy Cooper said Tuesday at a public event that he’s excited that Democrats “have a lot of great options for her to choose from.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As wildfires threaten, oil and gas industry braces for increasing risks from a changing climateIn 2023, Suncor Energy Inc. filed a disclosure document laying out what would happen if an extreme weather event in northern Alberta were to force a 10-day shutdown of its Base Plant oilsands mine. Trees line Suncor's oilsands operation near Fort McMurray, Alta. on Friday, Sep. 1, 2023.
Source: CBCCalgary - 🏆 78. / 51 Read more »

Is the oil industry fighting for the right to greenwash?The recent passage of anti-greenwashing Bill C-59 has caused an extremely strong reaction in the oil industry. What’s the fuss about?
Source: globeandmail - 🏆 5. / 92 Read more »

Insurers called out for 'contradiction': Supporting oil and gas industry but raising premiumsA shareholder advocacy group is calling out Canada's property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters.
Source: CTVNews - 🏆 1. / 99 Read more »