newszine

Teams search for bodies in California after wildfire claims 42 lives

2 hours ago DieselGasoil Comments Off on Teams search for bodies in California after wildfire claims 42 lives
Search teams will fan out across the charred landscape of Paradise, California looking for human remains on Tuesday as authorities prepare for a rise in the deathcount from the state’s deadliest wildfire. Read More

PPI Register Highest Month-Over-Month Rise In 6 Years

3 hours ago DieselGasoil Comments Off on PPI Register Highest Month-Over-Month Rise In 6 Years
A key inflation metric the 160 Producer Price Index PPI cranked up to 0 6 for the month of October roughly double what analysts had been expecting and the highest month over month increase in the last 6 years For September the headline reached 0 2 which has been unrevised Read More

Consumer Credit Increasing At A Much Faster Rate Than Retail Sales

3 hours ago DieselGasoil Comments Off on Consumer Credit Increasing At A Much Faster Rate Than Retail Sales
The Federal Reserve says the pace of consumer credit growth slowed in September. Yet the pace of growth of consumer credit has been growing nearly double the pace of retail sales growth. Consumer credit does not include include mortgages. It does include revolving credit (e.g.credit cards) and non-revolving Read More

US Confident It Can Compete In Europe's Gas Market

3 hours ago DieselGasoil Comments Off on US Confident It Can Compete In Europe's Gas Market
As American LNG costs continue to fall, and as Europe looks to untangle itself from Gazprom, U.S. liquefied natural gas (LNG) exports are quickly becoming a welcome alternative to Russian gas supplies. The United States is all too happy to help Europe increase its energy security by diversifying its natural Read More

Asia's 2019 middle distillate term talks gain clarity after Formosa awards contracts

4 hours ago DieselGasoil Comments Off on Asia's 2019 middle distillate term talks gain clarity after Formosa awards contracts
Singapore — South Korean refiners singled out US Eagle Ford condensate as a potentially significant alternative to Iranian South Pars condensate. But uncertainties around quality, a narrow arbitrage window and logistical difficulties remained a major impediment to the grade’s entry into the refiners’ crude oil slate. Not registered? Receive daily email alerts, subscriber notes & Read More

Analysis: US condensate faces hurdles as regular arbitrage supply to S Korean buyers

6 hours ago DieselGasoil Comments Off on Analysis: US condensate faces hurdles as regular arbitrage supply to S Korean buyers
Singapore — South Korean refiners singled out US Eagle Ford condensate as a potentially significant alternative to Iranian South Pars condensate. But uncertainties around quality, a narrow arbitrage window and logistical difficulties remained a major impediment to the grade’s entry into the refiners’ crude oil slate. Not registered? Receive daily email alerts, subscriber notes & Read More

Exclusive: Juul sounds out Indonesia for expansion, other Asian countries in its sights

6 hours ago DieselGasoil Comments Off on Exclusive: Juul sounds out Indonesia for expansion, other Asian countries in its sights
JAKARTA/LOS ANGELES (Reuters) – Juul Labs Inc is exploring selling its compact vaping devices in Asia and has sounded out government officials in Indonesia, one of the world’s most smoker-friendly countries, although gaining approval there could face significant hurdles. A woman holds a Juul e-cigarette while walking in New York, U.S., September 27, 2018. REUTERS/Brendan Read More

France rocked by 69-percent rise in anti-Semitism as acts become ‘relentless’, PM warns

4 days ago DieselGasoil Comments Off on France rocked by 69-percent rise in anti-Semitism as acts become ‘relentless’, PM warns
After a two-year drop, France has been hit by a staggering 69-percent rise in anti-Semitic incidents in the past nine months, Prime Minister Edouard Philippe said on Friday. The French prime minister used the 80th anniversary of Kristallnacht, the night of November 9, 1938, when Jews were “systematically” targeted by the Nazis, to warn about Read More

China capable of exporting 60 mil mt oil products in 2020: Sinopec

4 days ago DieselGasoil Comments Off on China capable of exporting 60 mil mt oil products in 2020: Sinopec
Shanghai — China will be able to export 60 million mt of oil products in 2020 as domestic demand growth will lag behind capacity expansion, Vice President of the Economics & Development Research Institute under Sinopec Yu Jiao said at the Seventh China International Oil and Gas Trade Congress in Shanghai Friday. Not registered? Receive Read More