Crude oil futures fell more than 4% on Tuesday as the rally spurred by heightened geopolitical risk paused while the market waits for Israel to strike back against Iran."Oil can keep ascending only for so…
U.S. crude oil on Friday posted its biggest weekly gain in more than a year, as traders fear Israel could strike Iran's crude facilities in retaliation for Tehran's ballistic missile attack.U.S benchmark West Texas Intermediate…
U.S. crude oil prices rose about 5% on Thursday, on pace for a third consecutive session of gains on fears that Israel could strike Iran's oil industry in retaliation for Tehran's ballistic missile attack this…
The Iranian flag above the new Phase 3 facility at the Persian Gulf Star gas condensate refinery in Bandar Abbas, Iran, in 2019.Ali Mohammadi | Bloomberg | Getty ImagesThe oil market faced a rude awakening…
U.S. Steel CEO David Burritt on Tuesday defended the company's planned sale to Japan's Nippon Steel, expressing confidence that the deal will "close on its merits" despite President Joe Biden's vocal opposition."We strongly believe the…
It is a watershed moment in the history of the U.S. nuclear industry. Constellation Energy plans to restart the Three Mile Island nuclear plant , with operations slated to resume in 2028 subject to approval…
Norma Field walks under power lines coming off of the nuclear plant on Three Mile Island (TMI), with the operational plant run by Exelon Generation, in Middletown, Pennsylvania.Andrew Caballero-Reynolds | AFP | Getty ImagesConstellation Energy…
After last week's steep sell-off, oil prices suggest traders are pricing in a demand slowdown that is similar to a mild recession, according to a Morgan Stanley analysis. To be clear, Morgan Stanley's economists anticipate…
Investors should "go for gold" with the precious metal standing out as the best commodity to hedge against geopolitical and financial risks, according to Goldman Sachs. Gold should rally to $2,700 per ounce by early…
