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Brazil’s ANP identifies opportunity to postpone oil and gas auctions in 2019

11 hours ago DieselGasoil Comments Off on Brazil’s ANP identifies opportunity to postpone oil and gas auctions in 2019
5/24/2019 Photo: Petrobras Andre Ribiero vessel. RIO DE JANEIRO (Brazil Energy Insight) — There is room to discuss postponement of at least one oil and gas auction in 2019. The president of the National Oil, Natural Gas and Biofuels Agency (ANP), Décio Oddone, said in late May that “there is room” for the postponement to Read More

Trump sparks oil rally with Iran spat

13 hours ago DieselGasoil Comments Off on Trump sparks oil rally with Iran spat
By Grant Smith on 5/24/2019 Photo: U.S. President Donald Trump. LONDON (Bloomberg) — Just over a week ago, crude prices were surging as attacks on Saudi Arabia’s oil tankers and pipeline network spurred fears that the Middle East was on the brink of military confrontation. In the past two days, however, oil has suffered its Read More

In Vietnam’s booming energy sector coal reigns, but renewables play catch-up

20 hours ago DieselGasoil Comments Off on In Vietnam’s booming energy sector coal reigns, but renewables play catch-up
HANOI/SINGAPORE (Reuters) – Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green. FILE PHOTO: Power-generating windmill turbines are pictured at a wind park in Read More

Mississippi River closed at St. Louis due to flooding: U.S. Coast Guard

1 day ago DieselGasoil Comments Off on Mississippi River closed at St. Louis due to flooding: U.S. Coast Guard
CHICAGO (Reuters) – The U.S. Coast Guard said it has closed the Mississippi River near St. Louis to boat and barge traffic on Thursday for the second time this month due to high water and strong currents on the major shipping waterway. The river – a key transportation artery for shipments of grain, agricultural chemicals, Read More

Crude futures tumble with equities as US-China trade war continues

1 day ago DieselGasoil Comments Off on Crude futures tumble with equities as US-China trade war continues
Highlights US crude, product builds driving the decline Global demand growth concerns weigh Washington deadlock bearish New York — Crude futures fell to their lowest levels since mid-March Thursday on trade tensions between the US and China. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX July crude settled Read More

Mississippi River closed to shipping at St. Louis due to flooding: U.S. Coast Guard

1 day ago DieselGasoil Comments Off on Mississippi River closed to shipping at St. Louis due to flooding: U.S. Coast Guard
(Reuters) – The U.S. Coast Guard said it has closed the Mississippi River near St. Louis to boat and barge traffic on Thursday due to high water and strong currents on the major shipping waterway. The river – a key transportation artery for shipments of grain, agricultural chemicals, energy products and other commodities – is Read More

Energy, commodities policy continuity seen as Modi-led alliance nears India election win

2 days ago DieselGasoil Comments Off on Energy, commodities policy continuity seen as Modi-led alliance nears India election win
Singapore — India’s National Democratic Alliance inched closer Thursday to be elected for a second term, a sign that the series of reforms in the energy and commodities sector undertaken during their first term in power would continue in the same direction, analysts and market participants said. Not registered? Receive daily email alerts, subscriber notes Read More

Investors run for safety amid threat of broader U.S.-China spat

3 days ago DieselGasoil Comments Off on Investors run for safety amid threat of broader U.S.-China spat
LONDON/TOKYO (Reuters) – Global stocks were slightly lower on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc in muted trade amid renewed worries over the U.S.-China spat after reports Washington has another Chinese tech firm in its sights. FILE PHOTO: The London Stock Exchange Group offices are seen in the Read More

Asia stocks grapple with trade anxiety even as Huawei gets reprieve

3 days ago DieselGasoil Comments Off on Asia stocks grapple with trade anxiety even as Huawei gets reprieve
TOKYO (Reuters) – Asian stocks struggled for traction on Wednesday, as relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about an intensifying trade war between the world’s two largest economies. FILE PHOTO: Pedestrians walk past a stock quotation board displaying stock prices outside a brokerage, in Tokyo Read More

Asia stocks fragile as trade anxiety overshadows Huawei reprieve

3 days ago DieselGasoil Comments Off on Asia stocks fragile as trade anxiety overshadows Huawei reprieve
TOKYO (Reuters) – Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about trade frictions between the world’s two largest economies. FILE PHOTO: Pedestrians walk past a stock quotation board displaying stock prices outside a brokerage, in Tokyo Read More