boost

WoodMac: What's behind the boost in Libya's oil production?

1 day ago DieselGasoil Comments Off on WoodMac: What's behind the boost in Libya's oil production?
Effective export capacity will be constrained by damage to the key ports of As Sidrah and Ras Lanuf limiting production to a maximum of 1.25 MMbpd,  National Oil Corporation’s (NOC) previously announced 2017 year-end target. Reaching this would be quite an achievement, given ongoing challenges, including international oil companies’ reluctance to recommit capital and expertise, Read More

Egypt calls for less LNG in tender as domestic gas boost looms

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By Anna Shiryaevskaya and Dan Murtaugh on 10/20/2017 LONDON and SINGAPORE (Bloomberg) — Egypt is paring down its requests for liquefied natural gas. State-run Egyptian Natural Gas Holding Co. is seeking 12 LNG cargoes for delivery in the first quarter of 2018 in a tender, according to two people with direct knowledge. That compares with more than Read More

Trump tax reform hopes boost dollar, stocks, bond yields

1 day ago DieselGasoil Comments Off on Trump tax reform hopes boost dollar, stocks, bond yields
LONDON (Reuters) – European stocks, the Dollar and bond yields climbed on Friday as Investors speculated that the “Trumpflation trade” could be back in play, after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Read More

Five oil projects boost Rosneft presence in Iraqi Kurdistan

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Published time: 19 Oct, 2017 10:48 Russian Federation’s state oil major Rosneft has signed a production-sharing agreement (PSA) with Iraq’s autonomous Kurdistan region worth up to $400 million despite the recent standoff between the region’s government and Baghdad. Rosneft says half of the investment could be repaid in oil pumped from the deposits. As part Read More

Russian Federation, Saudis team up to boost fracking tech

3 days ago DieselGasoil Comments Off on Russian Federation, Saudis team up to boost fracking tech
Published time: 19 Oct, 2017 08:48 While Saudi Arabia and Russian Federation are leading the production cut pact between OPEC and 11 non-OPEC oil producers, Russian oil company Gazprom Neft will cooperate with Saudi Aramco on ways to boost production, including in fracking technology and hard-to-recover oil, Gazprom Neft’s CEO Aleksandr Dyukov said on Wednesday. Read More

U.S. bankers hold onto hopes that Trump will boost profits

3 days ago DieselGasoil Comments Off on U.S. bankers hold onto hopes that Trump will boost profits
NEW YORK (Reuters) – Top U.S. bankers are still hoping the President Trump’s administration will make policy changes to boost profits, but made clear in public comments in recent days that they are not seeing any signs of progress so far. Optimism about tax cuts, infrastructure investment and an unwind of costly financial regulations sent Read More

Data, tech stocks boost Wall Street

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NEW YORK (Reuters) – U.S. stock(s) rose on Friday and the Nasdaq notched a record high, helped by upbeat economic data and gains in technology shares. The Dow Jones Industrial Average .DJI rose 31.6 points, or 0.14 percent, to close at 22,872.61, the S&P 500 .SPX gained 2.26 points, or 0.09 percent, to 2,553.19 and Read More

Wall St. gains after economic data; tech shares give a boost

1 week ago DieselGasoil Comments Off on Wall St. gains after economic data; tech shares give a boost
(Reuters) – U.S. stocks rose on Friday, hitting record highs again, helped by upbeat sentiment and retail sales data as well as gains in technology shares. Also, Netflix (NFLX.O) shares were up 1.8 percent and hit a record high at $200.82 after a slew of price target increases ahead of its earnings report on Monday. Read More

UPDATE 1-U.S. unveils proposal to boost autos content in NAFTA -sources

1 week ago DieselGasoil Comments Off on UPDATE 1-U.S. unveils proposal to boost autos content in NAFTA -sources
WASHINGTON (Reuters) – The United States on Friday formally unveiled proposals to boost the amount of regional content that autos must contain to qualify for NAFTA tariff-free access, three sources familiar with the negotiations told Reuters on Friday. The push for higher content is one of the Trump administration’s key demands at talks to modernize Read More

Techs boost S&P and Nasdaq to records, but banks limit gains

1 week ago DieselGasoil Comments Off on Techs boost S&P and Nasdaq to records, but banks limit gains
(Reuters) – A surge in technology stocks sent the S&P 500 and the Nasdaq to record highs on Friday, but the gains were kept in check by a drop in banks as Wells Fargo missed revenue estimates for a fourth straight quarter. Wells Fargo (WFC.N) tumbled 3 percent, set for its biggest drop since mid-April, Read More