newszine

Oil prices drop amid demand worries, but U.S.-Iran tensions support

1 hour ago DieselGasoil Comments Off on Oil prices drop amid demand worries, but U.S.-Iran tensions support
TOKYO (Reuters) – Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture Read More

Oil prices steady, U.S.-Iran tensions remain in focus

3 hours ago DieselGasoil Comments Off on Oil prices steady, U.S.-Iran tensions remain in focus
TOKYO (Reuters) – Oil prices were steady on Tuesday, supported by worries over conflict between Iran and the United States but pressured by concerns about a potential decline in demand for crude. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken Read More

U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades

8 hours ago DieselGasoil Comments Off on U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
WASHINGTON (Reuters) – U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday. FILE PHOTO: A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, Read More

Oil mixed on crude demand fears and U.S.-Iran tensions

9 hours ago DieselGasoil Comments Off on Oil mixed on crude demand fears and U.S.-Iran tensions
NEW YORK (Reuters) – Oil prices were mixed on Monday as market concerns about the possibility of a conflict between the United States and Iran eased, while worries about declining crude demand resurfaced. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June Read More

Sanctions on Russia can be lifted ‘at any time’ – French PM

10 hours ago DieselGasoil Comments Off on Sanctions on Russia can be lifted ‘at any time’ – French PM
Even as both the EU and Russia renewed sanctions against each other, the French prime minister argued the measures are not permanent and could be removed swiftly, in a possible signal to Washington. “We know that sanctions are not a permanent regime, but a state that can be canceled at any time,” PM Eduard Philippe Read More

Oil prices slip on demand fears, Mideast tensions ease

11 hours ago DieselGasoil Comments Off on Oil prices slip on demand fears, Mideast tensions ease
NEW YORK (Reuters) – Oil prices edged lower on Monday as crude demand concerns resurfaced and the possibility of an imminent conflict between the United States and Iran faded. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June 1, 2019. REUTERS/Essam Al-Sudani/File Read More

BOURBON: Extension of existing shareholder’s agreement concerning 69.5% of BOURBON Corporation shares

12 hours ago DieselGasoil Comments Off on BOURBON: Extension of existing shareholder’s agreement concerning 69.5% of BOURBON Corporation shares
Marseilles, June 24, 2019               Extension of existing shareholders’ agreement between “initial concert” and new concert concerning 69.5% of BOURBON Corporation shares On June 26, 2014, Mr. Jacques de Chateauvieux, Jaccar Holdings, Cana Tera, Mr. Henri de Chateauvieux, Mach Invest and Mach Invest International signed a shareholders’ agreement constituting a concerted action toward BOURBON Read More

Oil prices down 1% as demand fears rise, Mideast tensions ease

13 hours ago DieselGasoil Comments Off on Oil prices down 1% as demand fears rise, Mideast tensions ease
NEW YORK (Reuters) – Oil prices fell about 1% on Monday as crude demand concerns resurfaced and the possibility of an imminent conflict between the United States and Iran began to fade. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June 1, Read More

Russia extends counter-sanctions against US, EU & allies through 2020

15 hours ago DieselGasoil Comments Off on Russia extends counter-sanctions against US, EU & allies through 2020
President Vladimir Putin has signed a law prolonging the embargo against Western countries that have imposed anti-Russia sanctions. Restrictions will be in force until the end of next year. The document which was published on Russia’s official portal of legal information, reads: “To extend from January 1 to December 31, 2020 the operation of certain Read More

Oil up on U.S.-Iran tensions but demand concerns cap gains

16 hours ago DieselGasoil Comments Off on Oil up on U.S.-Iran tensions but demand concerns cap gains
LONDON (Reuters) – Oil prices rose on Monday adding to last week’s gains, lifted by tensions between the United States and Iran, but concerns about the possibility of weakening demand kept a lid on gains . FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Read More