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…
Oil prices up 1% 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…
Russia’s Novak says market wary of oil supply cuts due to Middle East conflict
MOSCOW (Reuters) – Russian Deputy Prime Minister Alexander Novak said on Wednesday that oil prices have increased as markets do not rule out a decline in oil supply due to…
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…
OPEC+ panel sticks to output policy, doubles down on compliance
By Alex Lawler, Ahmad Ghaddar, Maha El Dahan and Olesya Astakhova LONDON/DUBAI (Reuters) -A meeting of top OPEC+ ministers has kept oil output policy unchanged including a plan to start…
Oil prices surge over 3% as Israel, US vow retaliation for Iran attack
By Paul Carsten LONDON (Reuters) -Oil prices climbed more than 3% on Wednesday as Israel and the United States vowed retribution over Iran’s biggest ever direct attack on its regional…
