Asian refiners have suspended imports of US condensate, a light crude oil, as they turn to cheaper and abundant Middle East oil, according to trade and industry sources. The move shows how the ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

The Association of Nepalese Rice, Oil and Pulses Industry has distributed food to recent landslides and flood victims. The association said it handed 140 bags of rice and 40 bags of lentils to ...

That's because most Americans, including in the communities ravaged by the massive storm, lack flood insurance. As the aftermath of the hurricane's ruinous and deadly route across the Southeast ...

NEW YORK, Oct 4 (Reuters) - Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were ...

Impact Link Hurricane Helene's rains devastated North Carolina last week — but most homeowners in the state didn't have flood insurance, according to state officials and an analysis of federal data.

There are some similarities between the 1916 event, nicknamed “the flood by which all other floods are measured,” and Helene. The amount of rain meant rivers, lakes and streams were full.

They can't get permits to repair it." There is also the possibility of a mass exodus of locals who can't afford the anguish of another flood or the financial burden of repairing or rebuilding.

In Buncombe County, N.C., where an entire town disappeared beneath floodwaters, less than 1 percent of households had flood insurance. In Unicoi County, Tenn., where dozens of residents were ...

Transportation Secretary Pete Buttigieg ordered private drone flights suspended in North Carolina’s Hurricane Helene flood zone, sparking fierce outcry from those frustrated by the government ...