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InPlay Oil Corp. Provides Operations Update and 2019 Capital Budget

27 mins ago DieselGasoil Comments Off on InPlay Oil Corp. Provides Operations Update and 2019 Capital Budget
CALGARY, Alberta, Jan. 22, 2019 (GLOBE NEWSWIRE) — InPlay Oil Corp. (“InPlay” or “the Company”) (TSX: IPO, OTCQX: IPOOF) is pleased to announce that its Board of Directors has approved a $36 million Exploration and Development capital program for 2019. A year of exceptional operational results in 2018, drilling pacesetter horizontal Cardium wells at Willesden Read More

Your Money: Baby boomer primer – Perfecting the art of giving art

10 hours ago DieselGasoil Comments Off on Your Money: Baby boomer primer – Perfecting the art of giving art
NEW YORK (Reuters) – Baby boomer art collectors have a problem: Their heirs may not know the difference a $100 print from a garage sale and a $1 million paradigm of Abstract Expressionism. FILE PHOTO: Visitors walk into an Art Basel reception before a preview at the Hong Kong Convention and Exhibition Centre in Hong Read More

Oil gloom turns to boom as China, Fed allay worst fears

2 days ago DieselGasoil Comments Off on Oil gloom turns to boom as China, Fed allay worst fears
By Carlos Caminada and Alex Nussbaum on 1/20/2019 Photo: Federal Reserve Bank of New York CALGARY and NEW YORK (Bloomberg) — Investors are the most optimistic on oil in two months as the worst fears that roiled markets at the end of the year start to dissipate. Hedge funds boosted their net wagers on rising Read More

Asia stocks rise broadly on U.S.-China trade relief

5 days ago DieselGasoil Comments Off on Asia stocks rise broadly on U.S.-China trade relief
TOKYO (Reuters) – Asian stocks rose across the board on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a Read More

Asia stocks advance on U.S.-China trade relief

5 days ago DieselGasoil Comments Off on Asia stocks advance on U.S.-China trade relief
TOKYO (Reuters) – Asian stocks advanced on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo, Read More

Asia stocks gain on hopes for eased U.S.-China tension

5 days ago DieselGasoil Comments Off on Asia stocks gain on hopes for eased U.S.-China tension
TOKYO (Reuters) – Asian stocks gained early on Friday, as hopes for a thaw in the U.S.-China trade conflict fed investor appetites for risk assets. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo, Japan, January 7, 2019. REUTERS/Kim Read More

Hitachi halts UK nuclear project as energy supply crunch looms

5 days ago DieselGasoil Comments Off on Hitachi halts UK nuclear project as energy supply crunch looms
LONDON/TOKYO (Reuters) – Japan’s Hitachi Ltd (6501.T) put a $28 billion nuclear power project in Britain on hold on Thursday, dealing a blow to the country’s plans for the replacement of aging plants. FILE PHOTO: A logo of Hitachi Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Read More

Hitachi freezes UK nuclear project as energy supply crunch looms

5 days ago DieselGasoil Comments Off on Hitachi freezes UK nuclear project as energy supply crunch looms
LONDON/TOKYO (Reuters) – Japan’s Hitachi Ltd (6501.T) decided on Thursday to freeze a 3 trillion yen ($28 billion) nuclear power project in Britain, dealing a blow to UK plans for the replacement of aging plants. FILE PHOTO: A logo of Hitachi Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at Read More

BofA's loan growth drives better-than-expected profit

6 days ago DieselGasoil Comments Off on BofA's loan growth drives better-than-expected profit
(Reuters) – Bank of America Corp’s (BAC.N) quarterly profit topped analyst estimates on Wednesday as a growing loan book helped it ride out year-end market turbulence, sending the lender’s shares up more then 5 percent. A Bank of America logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Under Chief Executive Read More

EIA forecasts world crude oil prices to rise gradually, averaging $65 per barrel in 2020

6 days ago DieselGasoil Comments Off on EIA forecasts world crude oil prices to rise gradually, averaging $65 per barrel in 2020
January 16, 2019 EIA’s January Short-Term Energy Outlook forecasts that world benchmark Brent crude oil will average $61 per barrel (b) in 2019 and $65/b in 2020, an increase from the end of 2018, but overall it will remain lower than the 2018 average of $71/b. U.S. benchmark West Texas Intermediate (WTI) crude oil prices Read More