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Refined products rally as storm disrupts USGC refinery operations

4 hours ago DieselGasoil Comments Off on Refined products rally as storm disrupts USGC refinery operations
New York — NYMEX refined products futures jumped Thursday as Tropical Depression Imelda disrupted refinery operations in Texas. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Front-month RBOB settled 4.30 cents higher at $1.7007/gal, while front-month ULSD settled 3.16 cents higher at $2.0049/gal. The rally caused crack spreads to Read More

Wall Street futures tick lower after mixed policy signals from Fed

13 hours ago DieselGasoil Comments Off on Wall Street futures tick lower after mixed policy signals from Fed
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing. New projections showed Read More

Greta Thunberg to U.S. Congress on climate change: ‘Wake up’

1 day ago DieselGasoil Comments Off on Greta Thunberg to U.S. Congress on climate change: ‘Wake up’
WASHINGTON (Reuters) – Swedish teenager Greta Thunberg, who has inspired a global movement for climate change, delivered a strong message to U.S. lawmakers on Wednesday: “Wake up.” Wrapping up a six-day visit to Washington, D.C., the 16-year-old Thunberg rallied a room full of Democratic lawmakers and activists, urging them to follow scientific warnings and push Read More

Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise

1 day ago DieselGasoil Comments Off on Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise
New York — US crude inventories climbed 1.06 million barrels last week to 417.13 million barrels, as refiners cut runs while imports edged higher, US Energy Information Administration data showed Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The stock build was considered bearish for NYMEX crude futures, Read More

Fed cuts rates again, gives mixed signals for next move

1 day ago DieselGasoil Comments Off on Fed cuts rates again, gives mixed signals for next move
NEW YORK (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. HIGHLIGHTS: ** Fed cuts target interest rate 25 Read More

Instant view: Fed cuts rates again, gives mixed signals for next move

1 day ago DieselGasoil Comments Off on Instant view: Fed cuts rates again, gives mixed signals for next move
NEW YORK (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. HIGHLIGHTS: ** Fed cuts target interest rate 25 Read More

Greta Thunberg to Congress: ‘Don’t listen to me. Listen to the scientists’

1 day ago DieselGasoil Comments Off on Greta Thunberg to Congress: ‘Don’t listen to me. Listen to the scientists’
WASHINGTON (Reuters) – Swedish teenage climate activist Greta Thunberg delivered a short and direct message before a Congressional hearing on Wednesday: “I don’t want you to listen to me. I want you to listen to the scientists.” The 16-year old founder of the ‘Fridays For Future’ weekly school walkouts to demand government climate-change action that Read More

CGG: CGG Geoscience Delivers Multi-Year Integrated Study to Kuwait Gulf Oil Company Ahead of Schedule

2 days ago DieselGasoil Comments Off on CGG: CGG Geoscience Delivers Multi-Year Integrated Study to Kuwait Gulf Oil Company Ahead of Schedule
CGG Geoscience Delivers Multi-Year Integrated Study to Kuwait Gulf Oil Company Ahead of Schedule Paris, France – September 18, 2019 CGG announced today that its Geoscience division has completed, five months early, the multi-year integrated geoscience study awarded by Kuwait Gulf Oil Company (KGOC) in early 2017. The study’s main objective was to identify resource growth Read More

Singapore bunker premiums scale new highs as HSFO market prices in Saudi attacks

2 days ago DieselGasoil Comments Off on Singapore bunker premiums scale new highs as HSFO market prices in Saudi attacks
Singapore — Bunker premiums in Singapore have climbed to new historical highs, underpinned by the strength in the high sulfur fuel oil cargo market, on concerns of increasingly limited supply of the high sulfur fuel grade in light of last Saturday’s attacks on key Saudi Arabian oil facilities. Not registered? Receive daily email alerts, subscriber Read More