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China’s top diplomat calls for U.S. restraint on trade, Iran

2 hours ago DieselGasoil Comments Off on China’s top diplomat calls for U.S. restraint on trade, Iran
Chinese Foreign Minister Wang Yi (R) meets Iranian Foreign Minister Mohammad Javad Zarif (not pictured) at Diaoyutai State Guesthouse in Beijing, China, May 17, 2019. REUTERS/Thomas Peter/Pool SHANGHAI (Reuters) – China’s senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo that recent U.S. words and actions had harmed the interests of China and Read More

Canada vows ‘full steam ahead’ on ratifying trade pact after US lifts metals tariffs

3 hours ago DieselGasoil Comments Off on Canada vows ‘full steam ahead’ on ratifying trade pact after US lifts metals tariffs
OTTAWA (Reuters) – Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum. FILE PHOTO: Canada’s Foreign Minister Chrystia Freeland takes part in a bilateral meeting with U.S. Secretary of State Read More

Exxon evacuates foreign staff from Iraqi oilfield

4 hours ago DieselGasoil Comments Off on Exxon evacuates foreign staff from Iraqi oilfield
BASRA, Iraq/DUBAI (Reuters) – Exxon Mobil has evacuated all of its foreign staff, around 60 people, from Iraq’s West Qurna 1 oilfield and is flying them out to Dubai, a senior Iraqi official and three other sources told Reuters on Saturday. A logo of the Exxon Mobil Corp is seen at the Rio Oil and Read More

Exclusive: Saudi’s Falih says sees no oil shortage, but OPEC to act if needed

6 hours ago DieselGasoil Comments Off on Exclusive: Saudi’s Falih says sees no oil shortage, but OPEC to act if needed
JEDDAH, Saudi Arabia (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market’s needs. Saudi Minister of Energy Khalid al-Falih speaks during financial sector conference in Read More

Exxon evacuates foreign staff from Iraqi oilfield: Iraqi official, sources

6 hours ago DieselGasoil Comments Off on Exxon evacuates foreign staff from Iraqi oilfield: Iraqi official, sources
BASRA, Iraq/DUBAI (Reuters) – Exxon Mobil has evacuated all of its foreign staff from Iraq’s West Qurna 1 oilfield and is flying them out to Dubai, a senior Iraqi official and three other sources told Reuters on Saturday. A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Read More

Iran changes tactics, destinations on oil exports, maritime official says

7 hours ago DieselGasoil Comments Off on Iran changes tactics, destinations on oil exports, maritime official says
FILE PHOTO: Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo (Reuters) – Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of U.S. sanctions, a senior Iranian maritime official Read More

Meet America’s newest $9 trillion climate change solution

7 hours ago DieselGasoil Comments Off on Meet America’s newest $9 trillion climate change solution
Democratic Presidential hopeful and Washington Governor Jay Inslee unveiled a plan for combating climate change through an oft-before cited transition away from fossil fuels and towards renewable energy. The proposal, which Inslee refers to as the “Evergreen Economy Plan”, would cost $9 trillion and is distinct from theGreen New Deal championed by AOC. Inslee says his Read More

Exxon Mobil evacuates foreign staff from Iraqi oilfield: sources

7 hours ago DieselGasoil Comments Off on Exxon Mobil evacuates foreign staff from Iraqi oilfield: sources
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes DUBAI/BASRA, Iraq (Reuters) – Exxon Mobil has evacuated all of its foreign staff from Iraq’s West Qurna 1 oilfield and is flying them out to Dubai, three Read More

China Replies to Trump

12 hours ago DieselGasoil Comments Off on China Replies to Trump
Following a Thursday trading session where all systems were go strong economic data better than expected earnings results from 160 Walmart 160 WMT 160 and elsewhere and a perceived cooling of tensions in the U S China trade war Friday s pre market paints a different Read More

The Real Danger of Headline Risk: Your Own Reaction

12 hours ago DieselGasoil Comments Off on The Real Danger of Headline Risk: Your Own Reaction
“Headline risk” is a well-known phenomenon in trading and investing. Investopedia defines it as “the possibility that a news story will adversely affect a stock’s price” or, as they point out, the stock market as a whole. I would add another danger: That headlines can prompt people into making trades Read More