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Analysis: DME Oman benchmark move backfires as open interest stalls

2 days ago DieselGasoil Comments Off on Analysis: DME Oman benchmark move backfires as open interest stalls
Highlights Questions about underlying appeal of DME Oman as a benchmark Open interest on DME Oman forward curve has flat-lined Scratch trades underpinning DME Oman volumes, say traders London — Almost a year since Saudi Arabia picked Dubai Mercantile Exchange’s Oman benchmark to help set official selling prices for crude in Asia, open interest in Read More

Apache Completes Midcon Asset Sales; Provides Second-Quarter Supplemental Information and Schedules Results Conference Call for August 1, 2019, at 10 a.m. Central Time

3 days ago DieselGasoil Comments Off on Apache Completes Midcon Asset Sales; Provides Second-Quarter Supplemental Information and Schedules Results Conference Call for August 1, 2019, at 10 a.m. Central Time
HOUSTON, July 18, 2019 (GLOBE NEWSWIRE) — Apache Corporation (NYSE, NASDAQ: APA) today announced the completion of asset sales in the midcontinent and provided supplemental information regarding certain second-quarter 2019 financial and operational results. Asset salesIn May and July, Apache closed the sale of noncore assets in two separate transactions, comprising $612 million of net Read More

Laredo Petroleum Schedules Second-Quarter 2019 Earnings Conference Call for August 1 and Provides Commodity Derivatives Update

5 days ago DieselGasoil Comments Off on Laredo Petroleum Schedules Second-Quarter 2019 Earnings Conference Call for August 1 and Provides Commodity Derivatives Update
TULSA, OK, July 16, 2019 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) will host a conference call on Thursday, August 1, 2019 to discuss its second-quarter 2019 financial and operating results. The Company also announces preliminary results for its commodity derivatives and its basic and diluted weighted-average shares outstanding for Read More

Interview: Corpus Christi aims to rival Houston with 4 million b/d crude export capacity

1 week ago DieselGasoil Comments Off on Interview: Corpus Christi aims to rival Houston with 4 million b/d crude export capacity
Highlights Port CEO wants Corpus to be ‘Cushing of the coast’ Export market crowded with deepwater, onshore proposals Corpus Christi studies 75-foot-deep shipping channel Washington — The Port of Corpus Christi aims to become the “Cushing of the coast” by drawing more and more North American crude oil barrels with 4 million b/d of export Read More

S&P 500, Dow hit new highs on rate cut optimism

1 week ago DieselGasoil Comments Off on S&P 500, Dow hit new highs on rate cut optimism
(Reuters) – The S&P 500 and the Dow Jones Industrial Average hit record highs on Friday, as the indexes continued a strong run for the week on raised expectations of an interest rate cut this month. Numbers showing the rise of the Dow Jones Industrial Average above 27,000 are displayed on a screen above the Read More

Deutsche Bank to pay Vestia 175 million euros settlement in derivatives suit

1 week ago DieselGasoil Comments Off on Deutsche Bank to pay Vestia 175 million euros settlement in derivatives suit
The headquarters of Germany’s Deutsche Bank are photographed in Frankfurt, Germany, July 8, 2019. REUTERS/Kai Pfaffenbach AMSTERDAM (Reuters) – Dutch housing cooperation Vestia said on Friday Deutsche Bank would pay it 175 million euros ($197 million) to settle claims the German bank had improperly sold it interest rate derivatives. In a statement on its website, Read More

Firmer Asia gasoline fundamentals push Aug/Sep timespread to near 2-month high

2 weeks ago DieselGasoil Comments Off on Firmer Asia gasoline fundamentals push Aug/Sep timespread to near 2-month high
Singapore — Firmer sentiment and strong fundamentals in the Asian gasoline market drove the front-month August/September timespread to a near two-month high Wednesday, as fresh demand emerged in the physical market, industry sources said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now On the derivatives market, the August/September Singapore Read More

Global shares fall as prospect of sharp U.S. rate cut fades

2 weeks ago DieselGasoil Comments Off on Global shares fall as prospect of sharp U.S. rate cut fades
NEW YORK (Reuters) – Stocks around the world fell on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large interest rate cut. Traders work the floor at the New York Stock Exchange in New York December 20, 2012. IntercontinentalExchange agreed a $8 billion deal to buy New York Stock Read More

Hedge funds chart course through ‘IMO 2020’ storm

2 weeks ago DieselGasoil Comments Off on Hedge funds chart course through ‘IMO 2020’ storm
LONDON (Reuters) – Shipping companies, refineries, freight derivatives or diesel (gasoil) cracks? Investment funds are placing their bets as the shipping sector prepares for new rules limiting sulfur emissions from ocean-going vessels. FILE PHOTO: An aerial photo shows the Cap Jackson container ship, registered in Singapore, as it is escorted by tugboats at Harbor Island Read More

Correction / Eolus Vind AB interim report March 1 2019 – May 31 2019

2 weeks ago DieselGasoil Comments Off on Correction / Eolus Vind AB interim report March 1 2019 – May 31 2019
In the previous press release sent out at 8.30 AM CET financial numbers for Q3 was missing in the table with the financial summary and some definitions were in Swedish. The extract of the interim report contained the full information. Hässleholm, Sweden, July 4th, 2019 3 Months March 2019 – May 2019 Net sales 520.3 Read More