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Asia gasoline crack jumps on RBOB surge after PES Philadelphia refinery blast

15 mins ago DieselGasoil Comments Off on Asia gasoline crack jumps on RBOB surge after PES Philadelphia refinery blast
Singapore — The Asian gasoline market saw an uplift Monday after news of an explosion at US Philadelphia Energy Solutions’ 335,000 b/d Pennsylvania refinery Friday sent NYMEX RBOB futures surging, which in turn bolstered the Singapore 92 RON swap crack in Asia by around 30% on Monday morning, market sources said. Not registered? Receive daily Read More

New tokens thrive in crypto market but sales raise questions

3 days ago DieselGasoil Comments Off on New tokens thrive in crypto market but sales raise questions
NEW YORK (Reuters) – Initial exchange offerings (IEOs) have been the latest darlings in raising funds for cryptocurrency projects, but intensifying regulatory scrutiny and investors’ concern about the viability of the companies raising capital are flashing red flags. FILE PHOTO: Bitcoin.com buttons are seen displayed on the floor of the Consensus 2018 blockchain technology conference Read More

Armada of barges cleared for Mississippi River shipments after floods

3 days ago DieselGasoil Comments Off on Armada of barges cleared for Mississippi River shipments after floods
CHICAGO (Reuters) – The upper Mississippi River reopened to barge traffic on Friday as vessels were cleared to ship through St. Louis harbor, the U.S. Coast Guard (USCG) said, and the situation quickly became a logistics nightmare as dozens of towboats and hundreds of delayed barges tried to maneuver upriver. FILE PHOTO: The Peoria Lock Read More

Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway

3 days ago DieselGasoil Comments Off on Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway
Highlights Most Iraqi crude exported through Basrah SOMO lacks viable alternative export routes Iraq needs stable security to court investors Iraq’s only sea coastline is just 36 miles long — a sliver of access at the northern tip of the Persian Gulf critical to the world’s fourth-largest crude producer, which exports some three-quarters of its Read More

VAALCO Energy, Inc. Announces Stock Repurchase Program

3 days ago DieselGasoil Comments Off on VAALCO Energy, Inc. Announces Stock Repurchase Program
HOUSTON, June 20, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced that its Board of Directors has authorized a stock repurchase program under which the Company can repurchase up to $10 million of the currently outstanding shares of the Company’s common stock, over a period of 12 months through open market purchases, Read More

Slack reference price for direct listing set at $26/share

4 days ago DieselGasoil Comments Off on Slack reference price for direct listing set at $26/share
Slack Technologies New York office in this undated photo released from Slack Technologies Inc, in San Francisco, California, U.S., on June 19, 2019. Courtesy Slack Technologies Inc/Handout via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. (Reuters) – The New York Stock Exchange on Wednesday set Read More

OPEC considering proposals to shift meeting to July 1-2 or July 11-12: source

5 days ago DieselGasoil Comments Off on OPEC considering proposals to shift meeting to July 1-2 or July 11-12: source
London — OPEC and its allies are considering proposals to move the date of their next meeting in Vienna to either July 1-2 or July 11-12, a source told S&P Global Platts on Tuesday, with the expiry of their production cut agreement looming. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Your money: Buying or refinancing? The mortgage rate frenzy is back

5 days ago DieselGasoil Comments Off on Your money: Buying or refinancing? The mortgage rate frenzy is back
NEW YORK (Reuters) – Mortgage rates are nearing historic lows again in the United States, making it an ideal time to buy a home – or refinance. FILE PHOTO: Homes are seen under construction in the northwest area of Portland, Oregon March 20, 2014. REUTERS/Steve Dipaola “It’s amazing how many times a once-in-a-lifetime opportunity comes Read More

OPEC considering proposal to move meeting to July 11-12: sources

6 days ago DieselGasoil Comments Off on OPEC considering proposal to move meeting to July 11-12: sources
London — OPEC is considering a proposal to move the date of its next meeting in Vienna to July 11-12, two sources told S&P Global Platts on Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Under the proposal, OPEC would meet on July 11, with Russia and nine Read More

Insurance costs rocket for U.S. IPOs as twitchy investors take to courts

6 days ago DieselGasoil Comments Off on Insurance costs rocket for U.S. IPOs as twitchy investors take to courts
(Reuters) – Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives against lawsuits alleging they misled investors. FILE PHOTO: Lyft President John Zimmer and CEO Logan Green applaud as Lyft lists on the Nasdaq at an IPO event Read More