Booming Wall Street boosts global and European stocks; oil slices

WASHINGTON/LONDON (Reuters) – Global and European stocks rose on Friday as Wall Street extended gains on hopes that some central banks will slow down in raising interest rates. Commodity prices took a hit from the strength of the US dollar. Oil prices fell after China, the largest importer of crude, expanded its restrictions on the … Read more

Druzhba pipeline leak reduces Russian oil flow to Germany

Poland discovered a leak late Tuesday Poland says the leak is likely accidental rather than sabotage Germany says its supplies of crude oil are sufficient Schwedt refinery serving Berlin has few alternatives WARSAW (Reuters) – Germany said on Wednesday it was receiving less oil but still had enough supplies after Poland found a leak in … Read more

Asia stumbles with coronavirus outbreak in China, volatility in sterling shakes sentiment

SINGAPORE (Reuters) – Asian shares slumped to two-year lows on Wednesday, dragged down by signs that China had no immediate plans to ease tough restrictions on the spread of the coronavirus, while a relentless rise in the dollar and volatility in the British bond market and the pound rattled global investor sentiment. . After a … Read more

The Northeast US faces potential power shortages as rails begin to close

Unused oil tanker cars appear on the New York West Pennsylvania Railroad outside Hinsdale, New York, August 24, 2015. Photo taken August 24, 2015. REUTERS/Lindsay Dedario/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Some trains carrying fuel components to the northeastern United States have been halted in … Read more