By Dave Sherwood HAVANA (Reuters) -Cuba put off an unpopular five-fold increase in gasoline prices planned for Feb. 1 due to a cyberattack, Economy Vice Minister Mildrey Granadillo said on Wednesday, a sudden about-face hours before the hike was to take effect. “This decision is influenced by the occurrence of…

WASHINGTON (Reuters) – The U.S. House of Representatives will vote next month on a measure to overturn the Biden administration’s moratorium on approvals of new liquefied exports, Bloomberg reported, citing a Republican lawmaker. The measure will be voted on the week after next, the report said, citing Representative Cathy McMorris…

Investing.com– Gold prices rose on Thursday and were undeterred by the Federal Reserve stating that it will likely keep interest rates higher for longer, while safe-haven buying amid an ongoing conflict in the Middle East also aided the yellow metal.  The Fed’s comments spurred a sharp reversal in risk-driven markets,…

By Natalie Grover, Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and flows data. Russia has become more dependent on trade…

By Maiya Keidan TORONTO (Reuters) – Top Canadian pension manager the Alberta Investment Management Corporation (AIMCo) on Thursday announced the creation of a C$1 billion ($745 million) energy transition fund, following similar moves by peers. AIMCo, which has C$158 billion in assets, said the fund will be dedicated to investing…

WASHINGTON (Reuters) -A top U.S. Energy Department official will testify at Feb. 8 Senate Energy Committee hearing looking into President Joe Biden’s pause on new approvals for liquefied (LNG) exports, the Energy Department said on Thursday. Biden paused the approvals last week so his administration can look into the environmental…

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 2% on Thursday after unsubstantiated reports of a ceasefire between Israel and Hamas and after a power outage forced a large U.S. refinery to shut. A Qatari official told Reuters there was no ceasefire yet, but repeated that Hamas had…

Investing.com — Oil prices fell Thursday, but traders had to contend with wild swings amid conflicting reports on the progress toward an extended Israel-Hamas ceasefire that may likely ease geopolitical tensions and concerns about a supply disruptions.   By 14:30 ET (19.30 GMT), the futures settled 2.5% lower at $73.98 a barrel…

By Bernadette Christina and Dewi Kurniawati JAKARTA (Reuters) – Indonesian farmer Wardiyono typically starts planting his small rice field in November but this season he began only in January, when rains finally arrived after months of drought caused by an especially strong El Nino weather phenomenon. Three weeks on, he…

Investing.com– Gold prices steadied near a two-week high on Friday, crossing key levels as unwavering bets on interest rate cuts by the Federal Reserve weighed on the dollar, with nonfarm payrolls data due later in the day set to provide more cues.  The yellow metal largely brushed off signals from…