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Factbox: International airlines’ response to FAA on Iran airspace

5 days ago DieselGasoil Comments Off on Factbox: International airlines’ response to FAA on Iran airspace
(Reuters) – The U.S. Federal Aviation Administration (FAA) issued an emergency order on Thursday prohibiting U.S. air carriers from flying in Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman due to heightened tensions. FILE PHOTO: A British Airways aircraft takes off from Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah Read More

Factbox: What is Slack?

7 days ago DieselGasoil Comments Off on Factbox: What is Slack?
(Reuters) – Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, is scheduled to go public via a direct listing on June 20, instead of the more popular initial public offering route. Slack Technologies Chief Financial Officer Allen Shim in this undated photo released from Slack Technologies Inc, in San Francisco, California, Read More

Factbox: U.S. companies warn on Trump’s tariffs

1 week ago DieselGasoil Comments Off on Factbox: U.S. companies warn on Trump’s tariffs
(Reuters) – A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China will hit their profits. The United States increased tariffs on $200 billion worth of Chinese goods to 25% from 10% in May. President Donald Trump has also threatened an additional round of tariffs on $300 Read More

Factbox: Airbus and Boeing aircraft deals at Paris Airshow

1 week ago DieselGasoil Comments Off on Factbox: Airbus and Boeing aircraft deals at Paris Airshow
(Reuters) – Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow. An aerial view shows the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, June 17, 2019. REUTERS/Pascal Rossignol AIRBUS * Air Lease Corp signs letter of intent for 50 A220-300s, 27 A321XLRs Read More

FACTBOX: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack

2 weeks ago DieselGasoil Comments Off on FACTBOX: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
London — Risk levels associated with shipping crude oil and LNG via the Strait of Hormuz, the Middle East’s key shipping artery, have escalated sharply, inflating tanker costs in the region. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now US Secretary of State Mike Pompeo said Thursday the Front Read More

IEA monitoring oil tanker attacks, stands ready to respond: Birol

2 weeks ago DieselGasoil Comments Off on IEA monitoring oil tanker attacks, stands ready to respond: Birol
Highlights Birol calls attacks near Strait of Hormuz ‘major concern’ for global energy security Karuizawa, Japan — The alleged attacks on two oil tankers near the Strait of Hormuz represent a major concern for global energy security, International Energy Agency Executive Director Fatih Birol said Friday, adding that the agency stands ready to respond. Not Read More

Tanker attack, petrochemical sanctions undercut Japanese efforts to mediate US-Iran tensions: analysts

2 weeks ago DieselGasoil Comments Off on Tanker attack, petrochemical sanctions undercut Japanese efforts to mediate US-Iran tensions: analysts
Highlights Japan wants to ensure oil flows from Persian Gulf Attack, sanctions timing may have hindered Tehran talks Washington — Japanese Prime Minister Shinzo Abe’s trip to Tehran, aimed at easing tensions between the US and Iran and securing Middle East energy flows to Japan, was severely undercut by oil tanker attacks in the Gulf Read More

Crude settles higher as tanker attacks outweigh demand concerns

2 weeks ago DieselGasoil Comments Off on Crude settles higher as tanker attacks outweigh demand concerns
New York — Crude futures climbed Thursday as geopolitical concerns following a suspected attack on tankers near the Gulf of Oman outweighed a lower demand projection from OPEC. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX July crude settled $1.14 higher at $52.28/b, while ICE August Brent settled Read More

US says Iran responsible for attacks on two oil tankers in Gulf of Oman

2 weeks ago DieselGasoil Comments Off on US says Iran responsible for attacks on two oil tankers in Gulf of Oman
Highlights Latest attack escalates rising tensions in Middle East 30% of all seaborne oil transits pass through Strait of Hormuz Iran ‘promised the world’ it would interrupt oil flows: Pompeo The US said Iran is responsible for attacks on two oil tankers Thursday in the Gulf of Oman, with one ship catching fire, sharply escalating Read More