newszine

Feature: IMO 2020 mandate creates Singapore-Fujairah arbitrage for LSFO

19 hours ago DieselGasoil Comments Off on Feature: IMO 2020 mandate creates Singapore-Fujairah arbitrage for LSFO
Singapore — The fuel oil market has started to see International Maritime Organization-compliant marine fuel being shipped from Singapore to Fujairah, several market participants told S&P Global Platts, confirming expectations of imminent changes to global trade flows for residual fuels going into 2020. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Houston prepares to say ‘Howdy Modi’ as gas producers eye deals

19 hours ago DieselGasoil Comments Off on Houston prepares to say ‘Howdy Modi’ as gas producers eye deals
By Joe Carroll and Naureen S. Malik on 9/17/2019 HOUSTON (Bloomberg) – Indian Prime Minister Narendra Modi’s imminent visit to the U.S. energy capital is fueling speculation the second most-populous nation will further tap America’s shale gas bonanza. Indian PM Narendra Modi Modi is scheduled to address upwards of 50,000 people at a sold-out event Read More

Oil shock unites China with Asia rivals worried about supply

1 day ago DieselGasoil Comments Off on Oil shock unites China with Asia rivals worried about supply
By Iain Marlow, Dandan Li and Archana Chaudhary on 9/17/2019 HONG KONG (Bloomberg) – If anything could distract Asia’s top powers from sparring over disputed territory and crimes committed during World War II, it’s the need for cheap oil. Asia accounts for more than 70% of Saudi Arabia’s crude exports, with the four biggest economies Read More

Trump after Saudi oil attack: ‘I don’t want war but we are prepared’

1 day ago DieselGasoil Comments Off on Trump after Saudi oil attack: ‘I don’t want war but we are prepared’
By Sanya Burgess, news reporter Donald Trump has said it is “looking like” Iran was behind the attacks on Saudi Arabia’s oil facilities, but he has insisted that he does not want war. The president said he is not looking at retaliatory options until he has “definitive proof” that Tehran was responsible, but added that Read More

Saudi oil attack: ‘Looking like’ Iran was responsible, says Trump

1 day ago DieselGasoil Comments Off on Saudi oil attack: ‘Looking like’ Iran was responsible, says Trump
By Sanya Burgess, news reporter Donald Trump has said it is “looking like” Iran was behind the attacks on Saudi Arabia’s oil facilities but has insisted that he does not want war. The US president said he was not looking at retaliatory options until he has “definitive proof” that Tehran was responsible, but added that Read More

Trump says he does not want war after attack on Saudi oil facilities

1 day ago DieselGasoil Comments Off on Trump says he does not want war after attack on Saudi oil facilities
WASHINGTON/DUBAI (Reuters) – U.S. President Donald Trump said on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did not want to go to war, as the attacks sent oil prices soaring and raised fears of a new Middle East conflict. Iran has rejected U.S. charges Read More

Trump says looks like Iran was behind Saudi oil attacks

2 days ago DieselGasoil Comments Off on Trump says looks like Iran was behind Saudi oil attacks
WASHINGTON/DUBAI (Reuters) – U.S. President Donald Trump on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia at the weekend that raised fears of a fresh Middle East conflict, but added that he did not want war with anyone. Iran has rejected U.S. charges it was to blame for Read More

Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks

2 days ago DieselGasoil Comments Off on Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks
ZURICH/LONDON (Reuters) – Facebook’s (FB.O) attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such “stablecoins” posed serious risks. FILE PHOTO: Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters journalists at Read More

Evidence points to Iran involvement in attack, says Saudi alliance, as oil prices soar

2 days ago DieselGasoil Comments Off on Evidence points to Iran involvement in attack, says Saudi alliance, as oil prices soar
DUBAI (Reuters) – An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said the United States was “locked and loaded” to hit back. The Iran-aligned Houthi group that controls Yemen’s capital Read More

Evidence points to Iranian hand in oil attack, says Saudi alliance, as prices soar

2 days ago DieselGasoil Comments Off on Evidence points to Iranian hand in oil attack, says Saudi alliance, as prices soar
DUBAI (Reuters) – An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said the United States was “locked and loaded” to hit back. The Iran-aligned Houthi group that controls Yemen’s capital Read More