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WTI structure strengthens as Middle East tensions simmer

10 hours ago DieselGasoil Comments Off on WTI structure strengthens as Middle East tensions simmer
New York — The NYMEX WTI forward structure continued to strengthen Monday after the front-month contract settled at a three-week high in a turbulent session. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX August WTI settled up 47 cents at $57.90/b, while ICE August Brent was still down Read More

US-Iran tensions raise threat of an even graver conflict

11 hours ago DieselGasoil Comments Off on US-Iran tensions raise threat of an even graver conflict
By Deborah Haynes, foreign affairs editor President Donald Trump calls it his policy of “maximum pressure” on Iran. He believes a mixture of increasingly tough sanctions coupled with diplomatic isolation will force the Islamic Republic back to the negotiating table. But we have been here before. Tehran has already been subjected to intense international sanctions Read More

VIDEO shows German Eurofighter jet plummeting to ground after mid-air collision

14 hours ago DieselGasoil Comments Off on VIDEO shows German Eurofighter jet plummeting to ground after mid-air collision
Published time: 24 Jun, 2019 16:58 Edited time: 24 Jun, 2019 16:59 Video footage has emerged showing the moment that a German Eurofighter jet plummeted to the ground following a mid-air collision in the northeastern German state of Mecklenburg-Western Pomerania. The two German warplanes crashed over the town of Malchow, with one reportedly falling into Read More

Oil climbs to a three-week high as U.S.-Iran tensions simmer

18 hours ago DieselGasoil Comments Off on Oil climbs to a three-week high as U.S.-Iran tensions simmer
By Saket Sundria and Grant Smith on 6/24/2019 SINGAPORE and LONDON (Bloomberg) — Oil rose to the highest level in more than three weeks as political tensions between the U.S. and Iran continued to simmer, with President Donald Trump announcing plans for further sanctions against the OPEC member. Futures added as much as 1.4% in Read More

Lufthansa announces overhaul of budget carrier Eurowings

20 hours ago DieselGasoil Comments Off on Lufthansa announces overhaul of budget carrier Eurowings
BERLIN (Reuters) – Lufthansa on Monday announced a turnaround plan for Eurowings in which the budget carrier will focus on short-haul flights and seek a 15% cut in costs by 2022 in the hope of returning to profit. FILE PHOTO: The economy class section of an Airbus A340-300 of Eurowings, a low-cost airline and fully Read More

Billionaire Arkady Rotenberg discusses Putin friendship & Western sanctions fight in rare interview

21 hours ago DieselGasoil Comments Off on Billionaire Arkady Rotenberg discusses Putin friendship & Western sanctions fight in rare interview
Russia can’t rely on the West or China if it wants to become a world-leading economy, construction tycoon Arkady Rotenberg – often described as one of Vladimir Putin’s closest confidantes – told RT’s Sophie Shevardnadze. “In the past, we could afford to be idle and put things off or not do them at all, but Read More

Explainer: What’s behind Japan’s support of whaling?

1 day ago DieselGasoil Comments Off on Explainer: What’s behind Japan’s support of whaling?
TOKYO (Reuters) – Japan has for decades been steadfastly defiant about hunting whales despite widespread anger, including from key allies like the United States. FILE PHOTO : Captured short-finned pilot whales are seen on the deck of a whaling ship at Taiji Port in Japan’s oldest whaling village of Taiji, 420 km (260 miles) southwest Read More

Raw, fried or on a bun: the many ways Japan eats whale

1 day ago DieselGasoil Comments Off on Raw, fried or on a bun: the many ways Japan eats whale
MINAMIBOSO, Japan (Reuters) – Whale cutlets, sliced raw whale, deep-fried whale nuggets, whale bacon and whale jerky feature on the menu at the restaurant Yoko Ichihara runs – and that’s just a small sample of the ways Japan eats whale. A set menu of deep-fried whale nuggets are prepared at the restaurant P-man in Minamiboso, Read More

U.S. banks clear first hurdle of Federal Reserve’s annual stress test

3 days ago DieselGasoil Comments Off on U.S. banks clear first hurdle of Federal Reserve’s annual stress test
WASHINGTON (Reuters) – The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve that assess their ability to weather a major economic downturn. The Read More

Four U.S. states join lawsuit to stop T-Mobile-Sprint deal

4 days ago DieselGasoil Comments Off on Four U.S. states join lawsuit to stop T-Mobile-Sprint deal
NEW YORK (Reuters) – Four more U.S. states joined an unusual effort by state attorneys general to stop T-Mobile US Inc’s acquisition of Sprint Corp, a New York official said at a court hearing on Friday. FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in Read More