newszine

ANALYSIS: US jet fuel premium over diesel (gasoil) poised to persist until winter

10 hours ago DieselGasoil Comments Off on ANALYSIS: US jet fuel premium over diesel (gasoil) poised to persist until winter
Houston — Strong summer demand compounded by the impending Philadelphia Energy Solutions refinery closure has kept US jet fuel prices above diesel (gasoil) for a large portion of this year, a trend poised to continue until winter. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Atlantic Coast jet fuel’s Read More

Asia shares subdued, dollar supported as sterling suffers

6 days ago DieselGasoil Comments Off on Asia shares subdued, dollar supported as sterling suffers
SYDNEY (Reuters) – Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound. FILE PHOTO: A woman walks past an electric screen showing world markets indices outside a brokerage Read More

Asia shares subdued, dollar benefits as sterling suffers

6 days ago DieselGasoil Comments Off on Asia shares subdued, dollar benefits as sterling suffers
SYDNEY (Reuters) – Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound. FILE PHOTO: A woman walks past an electric screen showing world markets indices outside a brokerage Read More

US refinery casualty set to ease Europe’s gasoline glut

2 weeks ago DieselGasoil Comments Off on US refinery casualty set to ease Europe’s gasoline glut
London — The planned closure of the fire-damaged Philadelphia refinery, the biggest on the US East Coast, has already riled the gasoline-hungry local market but will likely extend a limited lifeline to European refiners struggling to find buyers for their surplus gasoline. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Wall Street touches new highs after comments by Fed’s Powell

2 weeks ago DieselGasoil Comments Off on Wall Street touches new highs after comments by Fed’s Powell
NEW YORK (Reuters) – U.S. stocks ended higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman Jerome Powell reassured investors about the potential for an interest rate cut later this month. The Dow also hit an intraday record and the Nasdaq Read More

Fed’s Powell bolsters rate cut view on trade, growth concerns

2 weeks ago DieselGasoil Comments Off on Fed’s Powell bolsters rate cut view on trade, growth concerns
WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to “act as appropriate” to defend an economic expansion threatened by trade disputes and a global slowdown. Minutes of the Fed’s June rate-setting meeting, released shortly after Powell Read More

Fed’s Powell bolsters rate cut view on trade, global growth concerns

2 weeks ago DieselGasoil Comments Off on Fed’s Powell bolsters rate cut view on trade, global growth concerns
WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to ‘act as appropriate’ to defend an economic expansion threatened by trade disputes and a global slowdown. In testimony to a congressional committee, Powell pointed to “broad” global Read More

British envoy Darroch ‘hit job’ victim, who someone wanted to ‘knock’ off post – Scaramucci tells RT

2 weeks ago DieselGasoil Comments Off on British envoy Darroch ‘hit job’ victim, who someone wanted to ‘knock’ off post – Scaramucci tells RT
The UK diplomatic memo leak was a hit job on the British envoy to the US, while Trump is seizing the moment to “press” Britain for future talks, Trump’s former communications chief Anthony Scaramucci told RT. The leaking of the diplomatic cables was “a political hit job” on the British envoy Kim Darroch, financier and Read More

Boeing set to lose biggest planemaker title as deliveries fall 37%

2 weeks ago DieselGasoil Comments Off on Boeing set to lose biggest planemaker title as deliveries fall 37%
(Reuters) – Boeing Co is set to lose the title of being the world’s biggest planemaker after reporting a 37% drop in deliveries for the first half of the year due to the prolonged grounding of its best-selling MAX jets. FILE PHOTO: People work near the door of a 737 Max aircraft at the Boeing Read More