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Tullow agrees first export sale of Kenyan crude at $60/b

3 weeks ago DieselGasoil Comments Off on Tullow agrees first export sale of Kenyan crude at $60/b
Highlights China, India seen as likely buyers 200,000 barrel cargo to be lifted this month Full project FID delayed to late 2020 London — Tullow Oil and its partners have agreed the sale of the first export cargo from Kenya’s maiden oil field development at around $60/b, Kenya’s President Uhuru Kenyatta said Thursday. Not registered? Read More

U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings

4 weeks ago DieselGasoil Comments Off on U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings
NEW YORK (Reuters) – The S&P 500 and the Nasdaq hit fresh intraday highs and the dollar reached a two-month peak on Friday as strong economic data and a stream of upbeat earnings reports stoked investor sentiment. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Stocks stage tentative rebound after ECB disappointment

4 weeks ago DieselGasoil Comments Off on Stocks stage tentative rebound after ECB disappointment
LONDON (Reuters) – European stocks staged a tentative recovery on Friday as solid earnings at several U.S. companies helped investors overcome the disappointment of the European Central Bank’s failure to deliver immediate policy easing. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 25, 2019. Read More

Equities drop, bond yields rise on ECB statement, mixed earnings

4 weeks ago DieselGasoil Comments Off on Equities drop, bond yields rise on ECB statement, mixed earnings
NEW YORK (Reuters) – U.S. stocks backed off record highs and bond yields rose following mixed earnings and rosier-than-expected economic sentiment from the European Central Bank’s governor. Traders work on the main trading floor of New York Stock Exchange (NYSE) after the opening bell of the trading session in New York City, New York, U.S., Read More

Samsung Electronics’ delayed Galaxy Fold now ready for September launch

4 weeks ago DieselGasoil Comments Off on Samsung Electronics’ delayed Galaxy Fold now ready for September launch
SEOUL (Reuters) – Samsung Electronics Co Ltd’s (005930.KS) first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday. Samsung is hoping its highly anticipated foldable phone will revive flagging smartphone sales but its rollout Read More

Your Money: Four expert tips on buying a grill

4 weeks ago DieselGasoil Comments Off on Your Money: Four expert tips on buying a grill
NEW YORK (Reuters) – Buying a grill can be a burning issue for barbecue aficionados. FILE PHOTO: A woman puts corn on the grill at Flushing Meadows Park in the Queens borough of New York City, U.S., July 2, 2019. Picture taken July 2, 2019. REUTERS/Shannon Stapleton/File Photo I found this out when, as a Read More

Uber Freight launches in Germany, faces local competition

4 weeks ago DieselGasoil Comments Off on Uber Freight launches in Germany, faces local competition
FRANKFURT (Reuters) – U.S. ride-hailing company Uber (UBER.N) is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe’s $500 billion trucking market. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Read More

Oil will go ‘bust’ if recession hits

4 weeks ago DieselGasoil Comments Off on Oil will go ‘bust’ if recession hits
Oil prices plunged again on Thursday, dragged down by fears of slowing demand. An unexpected increase in inventories underscored the downside risk to oil prices. The EIAreported a drawdown in crude stocks, but a huge 9.25 million barrel combined increase in gasoline and diesel (gasoil) inventories, which surprised traders. Also, gasoline demand plunged by 0.5 mb/d Read More

Salvini aide negotiated fuel deal with Russians ‘to fund political campaign,’ BuzzFeed claims

1 month ago DieselGasoil Comments Off on Salvini aide negotiated fuel deal with Russians ‘to fund political campaign,’ BuzzFeed claims
An aide to Italian Deputy PM Matteo Salvini allegedly met some Russian officials to discuss details of a fuel delivery, which was meant to “fund a political campaign,” BuzzFeed has claimed in a report. The meeting allegedly happened on the morning of October 18 last year in the lobby of Moscow’s Metropol Hotel, coinciding with Read More

‘What the f**k?! You ask to wear abaya to Nicki Minaj?’: Shock over Saudi concert dress code

2 months ago DieselGasoil Comments Off on ‘What the f**k?! You ask to wear abaya to Nicki Minaj?’: Shock over Saudi concert dress code
Hip hop artist Nicki Minaj, known for her scantily-clad shows with twerking and half-nude dancers, will headline a festival in Saudi Arabia. The country’s dress code may not apply to Minaj, but Saudi women are expected to comply. Organizers of the Jeddah Season cultural festival, a project overseen by a Saudi government agency, announced on Read More