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(Reuters) -Nearly eight in 10 Americans want Congress to renew enhanced Affordable Care Act tax credits set to expire at year-end, even as lawmakers clash over federal spending, a new Kaiser Family Foundation (KFF) poll said on Friday. The findings come after an impasse between Republican President Donald Trump and congressional Democrats triggered the 15th U.S. government shutdown on Oct. 1, the latest since 1981. After the poll, shares of UnitedHealth were higher by 3%, Humana climbed 8.8%, Elevance gained 4.6%, Centene advanced 4.4% Cigna jumped 5.6%, and CVS Health increased 1.5%. About 78% of adults said the subsidies, which lower premiums for people buying coverage on ACA marketplaces, should be extended, compared with 22% who favor letting them lapse. Support cuts across party lines, with 92% of Democrats, 82% of independents and 59% of Republicans – including 57% of those aligned with Donald Trump’s "Make America Great Again" movement – backing an extension. If Congress does not act, health insurance costs would increase sharply for many of the 24 million Americans who get their coverage through the ACA, according to the nonpartisan KFF. The impact would be most acute in Republican-controlled states that have not expanded the Medicaid health plan for the poor. Democrats also want guardrails that would stop President Trump from unilaterally ignoring their ACA provisions or temporarily withholding funds. "The poll was fielded just prior to the Oct. 1 federal government shutdown that was triggered in part by disagreements about whether, how and when to extend the expiring tax credits," said the KFF. Without action, premiums for subsidized enrollees could more than double next year, rising 114% on average to $1,904, according to KFF. (Reporting by Puyaan Singh in Bengaluru; Editing by Tasim Zahid)

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By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled higher on Friday but posted a weekly loss of 8.1% after news of potential increases to OPEC+ supply. Brent crude futures closed up 42 cents, or 0.7%, at $64.53 a barrel by, while U.S. West Texas Intermediate crude was up 40 cents, or 0.7%, at $60.88. For the week, Brent fell 8.1%, the largest weekly loss in over three months. WTI tumbled 7.4% in the week. "The expected increase in OPEC+ production and the Iraq/Kurdish pipeline beginning to flow after being shut in the past two years is keeping sellers present in crude,"  said Dennis Kissler, senior vice president of trading at BOK Financial. "Hamas is also starting negotiations with the Trump administration on a peace plan. Add in the bearish EIA storage data from earlier this week and it's hard to be bullish crude in the near term," Kissler said. Eight OPEC+ countries are likely to further raise oil output on Sunday with the group’s leader Saudi Arabia pushing for a large increase to regain market share and Russia suggesting a more modest rise, four people with knowledge of the OPEC+ talks said. Potentially higher OPEC+ supply and slowing global crude refinery runs owing to maintenance and a seasonal dip in demand in the months ahead are set to weigh on market sentiment, analysts said. "Demand indicators have fallen a touch through the Atlantic Basin as summer demand comes to an end. The over-supplied implied balance from a fundamentals perspective starting in October is gaining ground," said Rystad Energy analyst Janiv Shah. JPMorgan analysts, meanwhile, said they believed September marked a turning point, with the oil market heading towards a sizeable surplus in the fourth quarter and into next year. Meanwhile, crude oil flowed through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey on Saturday for the first time in 2-1/2 years, Iraq's oil ministry said earlier this week. Meanwhile,  U.S. President Donald Trump gave Hamas until Sunday night to agree to his proposal to end Israel's war in Gaza.  U.S. crude oil, gasoline and distillate inventories rose last week as refining activity and demand softened, according to the Energy Information Administration on Wednesday, further weighing on prices. On the supply side, producers cut oil rigs by 2 to 422, oilfield service provider Baker Hughes said.  Elsewhere on Friday, a fire broke out at Chevron's El Segundo refinery overnight, though a county official said the flames had been confined to one area. The refinery is one of the largest on the U.S. West Coast, with capacity of 290,000 bpd. It was not immediately clear if there was any impact on production, but the impact on oil prices could be limited, analysts said. (Reporting by Robert Harvey and Sudarshan Varadhan; Editing by David Goodman, Susan Fenton, Chris Reese and Diane Craft)

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(Reuters) -Drugmaker AbbVie in a regulatory filing on Friday said it expects third-quarter earnings to include a $2.7 billion charge related to in-process research and development (IPR&D) expenses. The drugmaker also forecast third-quarter adjusted earnings per share in the range of $1.74 to $1.78, according to the filing. (Reporting by Siddhi Mahatole in Bengaluru; Editing by Sahal Muhammed)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)