Analysis-OPEC+ could cushion Iran oil shock but not broader disruption
By Maha El Dahan, Ahmad Ghaddar and Dmitry Zhdannikov LONDON (Reuters) – OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks…
Plentiful oil supply dampens industry reaction to growing Middle East conflict
By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) -The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how…
Dollar gains as ADP shows better-than-expected jobs gains
By Karen Brettell NEW YORK (Reuters) -The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed U.S. private payrolls increased more than…
Middle East conflict lifts oil prices despite large US crude build
By Nicole Jao NEW YORK (Reuters) -Oil prices climbed on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s top producing…
US Presidential Campaigns: 49% of Retail Investors Adjust Portfolios Ahead of Polls
With the US presidential election drawing closer, nearly half of American retail investors are adjusting their portfolios. A recent survey revealed that some of the investors are strengthening their cash…
Plentiful oil supply dampens industry reaction to rising geopolitical tensions
By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) – The oil industry and markets have had a muted reaction to rising tensions in the Middle East, a sign of just…
Oil prices edge up on Middle East tensions, US crude stocks build limits gains
By Nicole Jao NEW YORK (Reuters) – Oil prices climbed 1% on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s…
Corrosion exceeds estimates at Michigan nuclear plant US wants to restart, regulator says
By Timothy Gardner WASHINGTON (Reuters) -Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators “far exceeded” estimates, the U.S. nuclear power…
USD holds steady amid geopolitical tensions and economic data anticipation
The US dollar has remained stable as markets processed the increasing geopolitical risks in the Middle East and awaited further US economic data. The steadiness comes despite a general move…
US report says corrosion at Michigan nuclear plant above estimates
By Timothy Gardner WASHINGTON (Reuters) – Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators ‘far exceeded’ estimates, the U.S. nuclear…