US shelves Oregon offshore wind auction

(Reuters) – The Biden administration on Friday said it was shelving a planned auction of offshore wind development rights off the coast of Oregon that had been scheduled for next…

US studying new visa restrictions, oil sanctions on Venezuela amid post-election standoff

(Reuters) – The U.S. government is “studying very closely” the possibility of imposing additional sanctions on individuals in Venezuela as well as potential revoking licenses for oil companies working in…

White House urges union, employers to negotiate quickly for new ports contract

By David Shepardson and Lisa Baertlein (Reuters) -The Biden administration is urging the union and employers to negotiate in good faith and quickly reach a new contract deal ahead of…

Oil edges up but on track for weekly fall on firmer supply

By Georgina McCartney HOUSTON (Reuters) -Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global supply against fresh stimulus…

White House urges union, employers to negotiate for new ports contract

(Reuters) – The Biden administration is urging the union and employers to negotiate in good faith and quickly to reach a new contract deal ahead of a potential strike at…

Elliott’s conditional offer selected in Citgo share auction, sources say

HOUSTON (Reuters) – Financial firm Elliott Investment Management’s conditional offer for shares was accepted by a U.S. court officer overseeing an auction that will determine the future ownership of Venezuela-owned…

Oil steady but set for weekly drop on higher supply outlook

By Georgina McCartney HOUSTON (Reuters) -Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global supply against fresh stimulus…

Sell an October election year seasonal bounce in US dollar: BofA

Investing.com — Bank of America said in a note Friday that investors should consider selling the US dollar during a potential bounce this October, driven by historical seasonal patterns and current…

Canada gov’t says Montreal port workers to strike at two terminals for three days

OTTAWA (Reuters) – A union at the port of Montreal has issued a notice for a three- day strike at two terminals starting on Sept 30, federal Labour Minister Steven…

Elliott’s conditional offer selected in Citgo share auction case, sources say

HOUSTON (Reuters) – Financial firm Elliott Investment Management’s conditional offer for shares was accepted by a U.S. court officer overseeing an auction that will determine the future ownership of Venezuela-owned…