Expanded Trans Mountain pipeline capacity fails to lift Canadian heavy oil price
By Nia Williams (Reuters) – The Trans Mountain oil pipeline expansion (TMX) was meant to shrink the discount on Canadian oil versus U.S. crude but three months in the differential…
US to invest $2.2 billion in the nation’s power grid
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Dollar rebounds after hefty losses; euro, sterling slip
Investing.com – The U.S. dollar rose Tuesday, reversing some of the recent losses as a degree of calm returned to the foreign exchange markets. At 06:20 ET (10:20 GMT), the…
Oil prices steady, supported by Middle East supply fears
By Ahmad Ghaddar and Arunima Kumar LONDON (Reuters) -Oil prices pared gains in volatile trade on Tuesday as fears of an escalation in the Middle East conflict and a drop…
Oil prices pare gains spurred by Middle East supply fears
By Ahmad Ghaddar LONDON (Reuters) -Oil prices pared gains in volatile trade on Tuesday as fears of an escalation in the Middle East conflict and a drop in production at…
Japanese yen weakens for first day this month
By Alun John and Ankur Banerjee SINGAPORE/LONDON (Reuters) -The Japanese yen steadied on Tuesday and the Swiss franc was also softer as some of the most striking moves of recent…
Gold prices slide from near record highs as stock markets rebound
Investing.com– Gold prices fell from near record highs in Asian trade on Tuesday as a rebound in stock markets sapped some demand for safe havens, although fragile sentiment still kept…
Squeeze on carry trades leaves currencies, investors on edge
By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar was nursing steep losses on Tuesday, with the yen on the back foot after a sharp rise in the previous session as…
Asia FX weak as yen falls from 7-mth peak; Aussie firms on hawkish RBA
Investing.com– Most Asian currencies weakened slightly on Tuesday as the dollar steadied from a recent rout, with the Japanese yen falling from seven-month peaks. The Australian dollar was among the…
Oil prices rebound 1% on concerns wider Mideast conflict may cut supply
By Yuka Obayashi and Trixie Yap (Reuters) -Oil prices rebounded by more than 1% on Tuesday, paring previous session’s losses, on supply concerns amid an escalating Middle East conflict, stronger…
