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Lithium, which, after a refining process, is used to produce cathode materials for lithium batteries, is currently produced almost entirely outside the United States.

The US, Japan and other countries will offer a climate finance deal worth at least $15 billion to help Indonesia shift its coal-dominated power grid away from the polluting fossil fuel.

U.S. commercial crude oil inventories increased by 3.9 million barrels to 440.8 million barrels.

The Administration prioritized five areas' to launch the Net- Zero Game Changers Initiative:

Total nonfarm payroll employment increased by 261,000 in October, and the unemployment rate rose to 3.7 percent, the U.S. Bureau of Labor Statistics reported.

OPEC and non-OPEC allies — generally referred to as OPEC+ — agreed at this week’s meeting in Vienna to reduce production by 2 million BPD from November levels.

The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.

"Including nuclear in the investment tax credit for clean energy technologies is a major step forward for the industry and great news for our climate and economy," said John Gorman, President and CEO of the Canadian Nuclear Association (CNA).

U.S. Rig Count is up 2 from last week to 770, Canada Rig Count is down 3 from last week to 209.

In collaboration with Urenco Ltd, Westinghouse will complete a Pre-Front End Engineering Design study for a secure and reliable supply of advanced TRi-structural ISOtropic (TRISO) fuels to support a range of potential high-temperature gas-cooled reactor (HTGR) technologies in development.

The Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 percent.

U.S. commercial crude oil inventories decreased by 3.1 million barrels to 436.8 million barrels.

UAE Minister of Industry and Advanced Technology and Special Envoy for Climate Change Dr. Sultan Al Jaber and Special Presidential Coordinator Amos Hochstein signed the Partnership on behalf of the UAE and the US.

In July last year, Westinghouse announced the launch of front-end engineering and design work - based on AP1000 technology - under a grant from the US Trade and Development Agency to progress the nuclear energy programme in Poland.