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After Abqaiq, analysts see higher oil price risk premium, more supply disruptions

4 hours ago DieselGasoil Comments Off on After Abqaiq, analysts see higher oil price risk premium, more supply disruptions
Highlights Saudi attacks result in $5-$10/b premium Brent price rises $4.18/b since Saturday’s attack US-Iran tensions increase likelihood of similar supply attacks Washington — The unprecedented attacks on Saudi oil facilities over the weekend are widely viewed by analysts as the most significant supply disruption the oil market has ever seen, increasing the geopolitical risk Read More

Refined products rally as storm disrupts USGC refinery operations

4 hours ago DieselGasoil Comments Off on Refined products rally as storm disrupts USGC refinery operations
New York — NYMEX refined products futures jumped Thursday as Tropical Depression Imelda disrupted refinery operations in Texas. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Front-month RBOB settled 4.30 cents higher at $1.7007/gal, while front-month ULSD settled 3.16 cents higher at $2.0049/gal. The rally caused crack spreads to Read More

US oil and gas rig count posts first weekly gain in nearly two months, up 5 to 954: Enverus

4 hours ago DieselGasoil Comments Off on US oil and gas rig count posts first weekly gain in nearly two months, up 5 to 954: Enverus
Houston — Rig increase may be simply ‘noise’: analyst Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now US rig count now down over 275 in 10 months Oil-driven rigs rise by 8; gas rigs down 3 The US oil and gas rig count posted its first weekly gain in Read More

Air Force four-star general: We need 225 bombers

4 hours ago DieselGasoil Comments Off on Air Force four-star general: We need 225 bombers
The Northrop Grumman B-2 Stealth Bomber comes in to land at RAF Fairford, Gloucestershire on September 11th, 2019 – Close up underneath photos of the B-2 bombers – the world’s most expensive and secretive planes – returning from a training exercise from Iceland.(SWNS) Senior Air Force leaders believe that current shortages in the U.S. bomber Read More

Huawei takes on Apple’s new iPhone 11 with Mate 30 range

4 hours ago DieselGasoil Comments Off on Huawei takes on Apple’s new iPhone 11 with Mate 30 range
MUNICH (Reuters) – Huawei launched its Mate 30 smartphone range on Thursday in a challenge to Apple’s (AAPL.O) new iPhone 11, saying the Chinese firm’s new devices were more compact, their cameras superior and wraparound screens brighter. Richard Yu, CEO of Huawei’s consumer business group, launches the Mate 30 smartphone range at the Convention Read More

Huawei hails own apps in Mate 30 challenge to iPhone 11

9 hours ago DieselGasoil Comments Off on Huawei hails own apps in Mate 30 challenge to iPhone 11
MUNICH (Reuters) – Huawei directly challenged Apple’s (AAPL.O) new iPhone 11 with its new Mate 30 smartphone range on Thursday, highlighting its own apps brand while sidestepping the critical issue of access to Google (GOOGL.O) services. At a glitzy launch in the German city of Munich, the Chinese firm said its new Mate 30 Pro Read More

SEC’s Clayton worries about private markets, negative rates

9 hours ago DieselGasoil Comments Off on SEC’s Clayton worries about private markets, negative rates
NEW YORK (Reuters) – U.S. Securities and Exchange Commission chair Jay Clayton said on Thursday he was concerned about the growth of private markets and negative interest rates as policymakers try to stimulate growth. FILE PHOTO: Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, speaks at the Economic Club of New York luncheon Read More

Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry

12 hours ago DieselGasoil Comments Off on Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry
LONDON (Reuters) – World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve’s second interest rate cut of the year and promises of support from other top central banks kept global recession jitters at bay. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Huawei takes on Apple’s new iPhone 11 with Mate 30 range

12 hours ago DieselGasoil Comments Off on Huawei takes on Apple’s new iPhone 11 with Mate 30 range
MUNICH (Reuters) – Huawei launched its Mate 30 smartphone range on Thursday in a challenge to Apple’s (AAPL.O) new iPhone 11, saying the Chinese firm’s new devices were more compact, their cameras superior and wraparound screens brighter. Richard Yu, CEO of Huawei’s consumer business group, launches the Mate 30 smartphone range at the Convention Read More

Wall Street futures tick lower after mixed policy signals from Fed

13 hours ago DieselGasoil Comments Off on Wall Street futures tick lower after mixed policy signals from Fed
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing. New projections showed Read More