Oil edges further above $63 on Mideast tensions

Oil edges further above $63 on Mideast tensions
LONDON (Reuters) – Oil edged further above $63 a barrel on Tuesday, supported by rising tensions in the Middle East after Iran’s seizure of a British tanker last week, although signs of faltering demand capped gains. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. REUTERS/Stringer/File Photo Iran’s... Read More

Power traders tackle renewables puzzle in Danish ‘Silicon Valley’

Power traders tackle renewables puzzle in Danish ‘Silicon Valley’
AARHUS, Denmark (Reuters) – Far from the sprawling financial hubs of London or Frankfurt, high-tech traders in the Danish university city of Aarhus are driving rapid change in European power markets, easing the shift to renewables with technology that also carries some risks. FILE PHOTO: View of Aboulevarden in the centre of the city of Aarhus, Denmark July 10, 2019.... Read More

Oil prices strengthen more than 1% on Iran risk

Oil prices strengthen more than 1% on Iran risk
NEW YORK (Reuters) – Oil prices rose more than 1% on Monday, as investors worried about possible supply disruptions in the energy-rich Middle East after Iran’s seizure of a British tanker last week. FILE PHOTO: An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann/File Photo Brent crude LCOc1 futures climbed 79 cents,... Read More

U.S. stocks led higher by tech on trade optimism; oil rises

U.S. stocks led higher by tech on trade optimism; oil rises
NEW YORK (Reuters) – U.S. stocks advanced on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices higher. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019.... Read More

U.S. stocks gain ground on trade optimism; oil climbs

U.S. stocks gain ground on trade optimism; oil climbs
NEW YORK (Reuters) – U.S. stocks advanced on Monday at the start of a heavy earnings week, while European shares overall were little changed, as investors took heart from potential progress in U.S.-China trade talks and escalating geopolitical tensions sent oil prices higher. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July... Read More

Wall Street gains as earnings season gathers steam

Wall Street gains as earnings season gathers steam
(Reuters) – U.S. stocks rose on Monday, lifted by technology companies, as investors eyed fresh U.S.-China trade developments during a busy week of corporate earnings with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Second-quarter earnings started... Read More

Wall St. set to open higher as earnings season gathers steam

Wall St. set to open higher as earnings season gathers steam
(Reuters) – Wall Street’s main indexes were set to open higher on Monday as investors eyed fresh trade developments between the United States and China during a busy week of corporate earnings, with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July... Read More

Oil prices rise more than 1% after Iran seizes British tanker

Oil prices rise more than 1% after Iran seizes British tanker
LONDON (Reuters) – Oil prices rose on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. FILE PHOTO: An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann/File Photo Brent crude futures climbed 79 cents, or 1.26%, to $63.26 a barrel... Read More