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Trump says Christmas shopping was factor in tariff decision

5 days ago DieselGasoil Comments Off on Trump says Christmas shopping was factor in tariff decision
FILE PHOTO: U.S. President Donald Trump arrives to Francis S. Gabreski Airport in Westhampton, New York for a fundraising luncheon to benefit his reelection campaign and the Republican National Committee in Southampton, New York, U.S., August 9, 2019. REUTERS/Sarah Silbiger MORRISTOWN, N.J. (Reuters) – U.S. President Donald Trump said on Tuesday his administration decided to Read More

Australia should reduce emissions, coal mining: Pacific leaders

5 days ago DieselGasoil Comments Off on Australia should reduce emissions, coal mining: Pacific leaders
FUNAFUTI, Tuvalu (Reuters) – Australia should do more to reduce its carbon emissions and giving cash to countries battling climate change was not enough, Pacific island leaders said on Tuesday in a rebuke of Canberra’s latest attempt to improve ties with the region. FILE PHOTO: Coal is unloaded onto large piles at the Ulan Coal Read More

‘Flashing yellow’: US facing 1 in 3 chance of recession within the year, says Bank of America

5 days ago DieselGasoil Comments Off on ‘Flashing yellow’: US facing 1 in 3 chance of recession within the year, says Bank of America
Bank of America has warned the US economy has nearly a one-in-three chance of being plunged into a recession within the year as the trade war with China heats up and interest rate tweaks fail to soothe a troubled market. Discarding an “official model” predicting “only” a one-in-five chance of economic doom within the coming Read More

EIA uses the heat content of fossil fuels to compare and aggregate energy sources

6 days ago DieselGasoil Comments Off on EIA uses the heat content of fossil fuels to compare and aggregate energy sources
August 9, 2019 The four end-use sectors in the United States—residential, commercial, industrial, and transportation—consume a mix of fossil fuels (petroleum, natural gas, and coal), as well as renewable energy sources and electricity, to meet their energy needs. To compare and aggregate data from these different energy sources, the U.S. Energy Information Administration (EIA) measures Read More

Market weighs risk of negative U.S. Treasury yields

1 week ago DieselGasoil Comments Off on Market weighs risk of negative U.S. Treasury yields
(Reuters) – Traders and analysts are considering whether U.S. bond yields would fall below zero as a record amount around the world sank into negative territory this week. The question has become a talking point, and less hypothetical, this week as the U.S. 30-year Treasury bond yield reached the brink of breaking to record lows. Read More

Chinook Energy Inc. Announces Second Quarter of 2019 Operating and Financial Results

1 week ago DieselGasoil Comments Off on Chinook Energy Inc. Announces Second Quarter of 2019 Operating and Financial Results
CALGARY, Alberta, Aug. 08, 2019 (GLOBE NEWSWIRE) — Chinook Energy Inc. (“our”, “we”, or “us”) (TSX: CKE) is pleased to announce our operating and financial results for the three months ended June 30, 2019 (“Q219”). Our unaudited condensed consolidated financial statements and management’s discussion and analysis for the three and six months ended June 30, Read More

U.N. flags need to cut meat to curb land use impact on global warming

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LONDON/GENEVA (Reuters) – Global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity, a United Nations report on the effects of climate change concluded. Greenpeace activists hold a banner in front of the United Nations before a news conference by the Intergovernmental Read More

China’s July crude oil imports rise 14% on year to 9.7 mil b/d

1 week ago DieselGasoil Comments Off on China’s July crude oil imports rise 14% on year to 9.7 mil b/d
Singapore — China’s crude oil imports rose 13.9% on the year to 9.7 million b/d in July, preliminary data from the General Administration of Customs showed Thursday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The volume in July was 0.3% higher from 9.67 million b/d in June. GAC Read More

Samsung’s new Note takes on Huawei in selfie beauty pageant

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NEW YORK/SEOUL (Reuters) – Samsung unveiled a new version of the Galaxy Note smartphone on Wednesday with fast 5G network connection and improved camera features, hoping the premium model helps it revive slumping profit and widen the gap with struggling rival Huawei. FILE PHOTO: The logo of Samsung Electronics is seen at its office building Read More

Exclusive: Saudi Aramco valuation gap persists as IPO talks resume – sources

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LONDON/RIYADH/DUBAI (Reuters) – Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking sources said. FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle Read More