Oil prices rise on tight supply outlook as Russia spurns peace talks

Oil prices rise on tight supply outlook as Russia spurns peace talks

Oil prices climbed on Wednesday on worries that sliding output in sanctions-hit Russia, the world’s second-biggest oil exporter, will tighten supply after Moscow said peace talks to resolve its invasion of Ukraine had come to a dead end. Brent crude futures rose 59 cents, or 0.6%, to $105.23 a barrel at 0053 GMT, while U.S. … Read more

‘Laughing Gas’ May Help Tough-to-Treat Depression

‘Laughing Gas’ May Help Tough-to-Treat Depression

By Alan Mozes HealthDay Reporter THURSDAY, June 10, 2021 (HealthDay News) — When antidepressants fail to rein in hard-to-treat depression, the common anesthetic most know as “laughing gas” might be a safe and effective alternative, new research suggests. The finding follows work with 28 patients struggling with “treatment-resistant major depression,” a severe condition that investigators … Read more

Lactose Intolerance as You Get Older

Lactose Intolerance as You Get Older

As you age, you may find that you can’t enjoy ice cream or milkshakes without painful gas or bloating afterward. Lactose intolerance is a fairly common, natural condition that develops over time. Find out what may put you at risk for lactose intolerance and how to manage uncomfortable symptoms if you still want to enjoy … Read more

Oil Industry Is Fading Away in Land of the World’s Richest Reserves

Oil Industry Is Fading Away in Land of the World’s Richest Reserves

Venezuela’s oil industry—rich in reserves, a crucial Allied resource in World War II, a founding member of OPEC—is grinding toward a halt. Venezuela has greater oil stores than any other country. But after years of corruption, mismanagement and more recently U.S. sanctions, its oil output has dropped to a tenth of what it was two … Read more

Former Pemex CEO’s Allegations Rock Mexico’s Political Class

Former Pemex CEO’s Allegations Rock Mexico’s Political Class

MEXICO CITY—Millions of dollars obtained from foreign bribes during a presidential campaign. Bags of cash to lawmakers in exchange for approving a historic opening of Mexico’s oil industry. A former sitting president making deals with his favorite contractor to share the spoils of big government contracts. Those allegations by Emilio Lozoya, a disgraced former chief … Read more

Islamist Attacks in Mozambique Threaten to Disrupt Total-Led Natural-Gas Project

Islamist Attacks in Mozambique Threaten to Disrupt Total-Led Natural-Gas Project

Fighting between Islamic extremist rebels and Mozambique’s army over a key port is threatening to disrupt the East African nation’s burgeoning natural-gas developments, including a multibillion-dollar project led by French energy giant Total SA . The insurgent group, which is affiliated with Islamic State, seized control of the Mocimboa da Praia port this month and … Read more