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(Reuters) S&P 500 energy index up 1.8%, tracking higher oil prices Brent crude futures up 2.9% at $109.02 a barrel, after hitting its highest since September 14 US West Texas Intermediate crude rise 2.6% to $100.52 a barrel, crossing $100 for the first time since September 21 Prices gainmore than 3%, heading for weekly gains …
US Energy Stocks Gain as Oil Tops $100 on Supply Fears Read More »
(Reuters) – Wednesday closed the books on an extraordinary quarter. A 40% rebound in Brent crude oil, record-high diesel prices, bond yields at 20-year highs and AI’s threat to wipe out humanity gave investors no shortage of reasons to retrench. Yet faced with that formidable wall of worry, US and world stocks still scaled fresh …
If a Bruising Third Quarter Can’t Halt Wall Street, What Can?: McGeever Read More »
By Jarrett Renshaw and Trevor Hunnicutt Trump to unveil $200 billion South Korean U.S. investment plan $54 billion would support Alaska LNG project Package also includes nuclear plants and Texas power project WASHINGTON, Sept 30 (Reuters) – President Donald Trump will announce on Wednesday plans for South Korea to invest $200 billion in US projects, …
Trump to Unveil $200 Billion Investment in US Projects by South Korea, White House Says Read More »
(Reuters) – Goldman Sachs said on Saturday that a US diesel export ban would initially put moderate downward pressure on diesel prices, and that restrictions on exports, including quotas, were a plausible outcome. Here are a few details: US President Donald Trump on Tuesday backed the idea of banning US diesel exports, with the US …
Goldman Expects Initial Diesel Price Decline Under US Export Curbs Read More »
By Georgina Mccartney WTI trades at $12.02 a barrel below Brent, widest discount since May 6 Analysts say diesel export ban could cut US refinery crude runs by 12% US energy secretary gauges refiners’ support for voluntary export restraint, sources say HOUSTON, Sept 25 (Reuters) – Washington’s talk of a possible ban on diesel exports …
Talk of US Export Ban on Diesel Deepens US Crude Futures’ Discount to Global Benchmark Read More »
(Reuters) – Bond markets came under renewed pressure on Thursday with US 30-year bond yields hitting a more than 20-year high as rising oil prices reignited concerns about higher inflation and more Federal Reserve interest rate hikes. Oil prices climbed about 3% to a one-week high after a Houthi missile attack on Saudi Arabia revived …
Oil Jump Sends 30-Year Yields to Two-Decade High Read More »
By Alastair Marsh Of all the ways in which artificial intelligence might destroy humanity, its carbon footprint is far down the list for some of Wall Street’s most prominent climate experts. Aniket Shah, the Jefferies executive who heads the bank’s strategy on sustainability and the energy transition, says he’s asking the global finance industry not …
Shares of oil producer Devon Energy rise 3.2% to $48.43 Activist investor Toms Capital, in a letter, urges Devon to explore alternatives, including a sale, according to CNBC Toms is now one of Devon’s top five shareholders – letter viewed by CNBC CNBC reports that in meetings prior to sending its letter, Toms had encouraged …
Devon Rises After Report Activist Toms Capital Urges Sale Read More »
Canadian asset manager Ninepoint Capital is challenging economic nationalism in both the United States and Canada and the growing trade war between them by launching on Tuesday an exchange-traded fund that will emphasize the energy interdependence of the two countries. The Ninepoint North American Energy Independence ETF is the Toronto-based company’s first fund to be …
By Alastair Marsh Of all the ways in which artificial intelligence might destroy humanity, its carbon footprint is far down the list for some of Wall Street’s most prominent climate experts. Aniket Shah, the Jefferies executive who heads the bank’s strategy on sustainability and the energy transition, says he’s asking the global finance industry not …
On Wall Street, Frustration Is Mounting That AI Will Hijack the Climate Debate Read More »
