Asia shares rise on trade talks hope, firm US data; safe havens sold

Asian stocks gained on Friday, joining a global trend as investors took heart from firm U.S. economic data plans hopes a meeting between U.S. and Chinese negotiators next month signals an easing in trade tensions. The improvement in investors’ appetite for risk reduced demand for safe havens such as government bonds and the yen, however. …

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Mexico’s Oil Hedge Takes Next Step

After questions were raised about Mexico’s billion-dollar stalled oil hedge surfaced last month, Mexico is now moving forward with the lucrative hedging program, exclusive Reuters sources said on Thursday. Mexico is asking banks for quotes, Reuters sources familiar with the matter said, as financial oil options contracts for next year have risen in recent days. …

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Lyondell Houston refinery plans overnight crude unit restart -sources

Lyondell Basell Industries plans to restart the small crude distillation unit (CDU) on Thursday night or early Friday morning at its 263,776-barrel-per-day (bpd) Houston refinery, said Gulf Coast market sources on Thursday. The 120,000-bpd CDU was knocked out of production by a Sept. 3 power interruption. A company spokeswoman was not immediately available on Thursday …

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Trump administration considering increase in U.S. biofuels mandates -document

The Trump administration is considering increasing U.S. biofuels mandates by 1 billion gallons for 2020, according to a document seen by Reuters, the latest bid to quell farmer anger over a recent broad use of exemptions for oil refiners. The plan would involve a previously discussed 500 million gallons for conventional biofuels, largely corn-based ethanol, …

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Scientists Find Cheaper Way Of Tapping Shale Gas Resources

Amid a persistent glut of natural gas in the United States and globally, researchers from Penn State University said they had found a more cost-effective way of finding shale gas reserves. Unlike the usual way of exploring for new reserves, which relies on existing production data along with geological tests, the Penn State method leans …

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Democratic Presidential Candidates Face 7 Hours of Tough Questions on Climate Change, From Fracking to Fossil Fuels

Read time: 10 minsCNN’s Wolf Blitzer kicked off a seven-hour long town hall on climate change with an unambiguous message of urgency on climate change.

“This unprecedented town hall is dedicated to the climate crisis,” he said, “an issue many voters s…