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Oil lingers around 2019 highs but demand worries weigh

2 days ago DieselGasoil Comments Off on Oil lingers around 2019 highs but demand worries weigh
NEW YORK (Reuters) – Oil steadied on Tuesday after hitting 2019 highs as concerns about global crude oil demand, coupled with uncertainty over the latest round of U.S.-China trade talks, countered investor optimism around tightening supplies. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Read More

Brent oil eases from 2019 highs as markets await trade talks outcome

2 days ago DieselGasoil Comments Off on Brent oil eases from 2019 highs as markets await trade talks outcome
SINGAPORE (Reuters) – Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led by producer cartel OPEC still meant markets were relatively tight. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by Read More

Shares and oil at three-month highs but no love for euro

1 week ago DieselGasoil Comments Off on Shares and oil at three-month highs but no love for euro
LONDON (Reuters) – Optimism about U.S.-China trade talks and bumper earnings lifted European shares to a three-month high on Thursday, though news that Germany only dodged recession by the narrowest of margins left the euro feeling unloved. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 13, Read More

European shares, oil at three-month highs but no love for euro

1 week ago DieselGasoil Comments Off on European shares, oil at three-month highs but no love for euro
LONDON (Reuters) – Optimism about U.S.-China trade talks and bumper earnings lifted European shares to a three-month high on Thursday, though news that Germany only dodged recession by the narrowest of margins left the euro feeling unloved. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 13, Read More

Asia shares cautious, seeking Sino-U.S. clarity

1 week ago DieselGasoil Comments Off on Asia shares cautious, seeking Sino-U.S. clarity
SYDNEY (Reuters) – Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks amid reports the White House could extend the deadline for a deal. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage Read More

Australian flooding hits cattle herds, fertilizer output

1 week ago DieselGasoil Comments Off on Australian flooding hits cattle herds, fertilizer output
SYDNEY (Reuters) – Australia’s largest fertilizer maker and its biggest listed cattle farmer on Monday warned investors of sizeable losses stemming from floods that engulfed parts of Queensland state, as receding water began to reveal the scale of damage. FILE PHOTO – The Incitec Pivot company fertilizer and explosive chemical plant is pictured at sunset Read More

Asian shares slip, looming U.S.-China trade talks in focus

1 week ago DieselGasoil Comments Off on Asian shares slip, looming U.S.-China trade talks in focus
SYDNEY (Reuters) – Asian shares started the week on the backfoot as investors were unable to shake off worries about global growth, U.S. politics and the Sino-U.S. trade war, keeping the safe-haven dollar well bid near a six-week top against major currencies. A man sits in front of an electronic board showing stock information at Read More

Darkening 'global economic skies' pull stocks lower

2 weeks ago DieselGasoil Comments Off on Darkening 'global economic skies' pull stocks lower
LONDON (Reuters) – Global stocks fell for a third straight day on Friday, and were set for their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row. Safe-haven government bonds benefited, with the German 10-year bund Read More

World share index set for weekly loss as 'economic skies darken'

2 weeks ago DieselGasoil Comments Off on World share index set for weekly loss as 'economic skies darken'
LONDON (Reuters) – Global shares fell for a third straight day on Friday and were set to post their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row. FILE PHOTO – An investor sits in front Read More

Part of Keystone oil pipeline remains shut after potential leak

2 weeks ago DieselGasoil Comments Off on Part of Keystone oil pipeline remains shut after potential leak
FILE PHOTO: A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska March 10, 2014. REUTERS/Lane Hickenbottom/File Photo (Reuters) – A portion of TransCanada Corp’s Keystone oil pipeline remained shut on Thursday for investigation of a possible leak on its right-of-way near St. Louis, Missouri, a company spokesman said. TransCanada shut the pipeline on Read More