Canada wildfire reaches Jasper, firefighters work to protect Trans Mountain oil pipeline

(Reuters) – A wildfire that prompted evacuation orders for the town of Jasper, Alberta, reached the townsite on Wednesday evening, with firefighters working to protect critical infrastructure including the Trans…

Oil prices dip as demand jitters persist; US GDP, inflation awaited

Investing.com– Oil prices fell in Asian trade on Thursday as sentiment towards top crude importer China showed little signs of improvement, while focus turned to upcoming U.S. growth and inflation…

Japanese officials quiet on forex as yen sharply rebounds

By Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japanese Finance Minister Shunichi Suzuki and top currency diplomat Masato Kanda both refrained from commenting on foreign exchange on Wednesday, as the…

Oil prices ease on concerns over weak China demand, Mideast ceasefire talks

By Yuka Obayashi TOKYO (Reuters) – Oil prices eased on Thursday as concerns over weak demand in China, the world’s largest crude importer, and expectations of a nearing ceasefire deal…

Dollar falls, short yen trades squared ahead of BOJ and Fed meetings

By Alden Bentley, Alun John and Tom Westbrook NEW YORK/LONDON/SINGAPORE (Reuters) – The dollar fell to its lowest in more than two months against the yen on Wednesday as short-yen…

Oil prices settle higher on larger draw in US crude inventories

Investing.com– Oil prices rose Wednesday, recovering from recent losses after industry data showed a fall in U.S. inventories, suggesting strong demand from the world’s largest consumer. At 08:30 ET (12:30…

Oil prices finish higher as US oil, fuel inventories ease

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday, supported by large draws in U.S. crude and fuel stocks, but hovered close to their lowest level in six weeks…

US Democrats launch bill holding oil firms accountable for any work with OPEC

By Timothy Gardner WASHINGTON (Reuters) – Democratic U.S. lawmakers on Wednesday introduced a bill to hold energy companies accountable if they are found by federal regulators to have colluded with…

Oil prices bounce off six-week lows as US fuel inventories fall

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday, supported by large draws in U.S. crude and fuel stocks, but hovered close to their lowest level in six weeks…

US working with Kyiv on future power generation plans

By Luiza Ilie BUCHAREST (Reuters) – The United States is working with Ukraine on a roadmap for its post-war energy grid which will include safe nuclear power technologies as well…