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Oil drops on oversupply, equities sell-off

2 hours ago DieselGasoil Comments Off on Oil drops on oversupply, equities sell-off
LONDON (Reuters) – Oil prices fell on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets as the outlook for global growth deteriorated. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. Read More

German minister: EU car emissions goals are at limit

3 hours ago DieselGasoil Comments Off on German minister: EU car emissions goals are at limit
FILE PHOTO: Minister for Economic Affairs and Energy Peter Altmaier delivers a statement after the weekly cabinet meeting in Berlin, Germany June 6, 2018. REUTERS/Axel Schmidt BERLIN (Reuters) – An EU agreement to cut carbon emissions from cars by 37.5 percent in a decade are at the limit of what is technically and economically feasible, Read More

Sunworks Expands Addressable Market with New Projects in Massachusetts and New Jersey

3 hours ago DieselGasoil Comments Off on Sunworks Expands Addressable Market with New Projects in Massachusetts and New Jersey
ROSEVILLE, Calif., Dec. 18, 2018 (GLOBE NEWSWIRE) — Sunworks, Inc. (Nasdaq: SUNW), a premier provider of high-performance solar power solutions for agriculture, commercial, industrial (ACI), public works and residential markets, today announced it has been awarded an engineering, procurement and construction contract to develop a 600kW roof mount and parking canopy project for a food Read More

Growth fears grip world markets ahead of Fed meeting

4 hours ago DieselGasoil Comments Off on Growth fears grip world markets ahead of Fed meeting
LONDON (Reuters) – World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year. FILE PHOTO: A man looks at an electronic stock quotation board Read More

Futures climb heading into Fed meeting

4 hours ago DieselGasoil Comments Off on Futures climb heading into Fed meeting
(Reuters) – U.S. stock index futures climbed on Tuesday, following a rocky start to the week, as investors focus on a two-day meeting where the Federal Reserve is expected to raise interest rates for the fourth time this year and signal the path of future rate hikes. Traders work on the floor of the New Read More

Crude oil slides to year lows on oversupply fears despite agreed cuts

5 hours ago DieselGasoil Comments Off on Crude oil slides to year lows on oversupply fears despite agreed cuts
Oil prices dropped more than 3 percent on Tuesday with main crude benchmarks, Brent and WTI, trading at the lowest levels in more than a year. Forecasts of record US shale oil output triggered worries about global oversupply. West Texas Intermediate (WTI) crude fell nearly 3.5 percent to $48.22 a barrel, its weakest since September Read More

Oil drops 4 percent on oversupply, equities sell-off

7 hours ago DieselGasoil Comments Off on Oil drops 4 percent on oversupply, equities sell-off
LONDON (Reuters) – Oil prices fell 4 percent on Tuesday, dropping for a third consecutive session as reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in global stock markets. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August Read More

Growth fears grip world stock markets before Fed meeting

7 hours ago DieselGasoil Comments Off on Growth fears grip world stock markets before Fed meeting
LONDON (Reuters) – World stock markets tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest-rate hike of the year. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November Read More

Oil prices drop for third session as oversupply worries drag

9 hours ago DieselGasoil Comments Off on Oil prices drop for third session as oversupply worries drag
SINGAPORE (Reuters) – Oil prices fell more than $1 on Tuesday, dropping for a third session as reports of growing inventory and forecasts of record shale output in the United States stoked worries about oversupply. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Read More

Asia shares sink as global growth worries deepen

10 hours ago DieselGasoil Comments Off on Asia shares sink as global growth worries deepen
TOKYO (Reuters) – Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai MSCI’s broadest Read More