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‘Why does YouTube do dumb things?’: Checkmark overhaul leaves creators FURIOUS

1 hour ago DieselGasoil Comments Off on ‘Why does YouTube do dumb things?’: Checkmark overhaul leaves creators FURIOUS
YouTube has stripped all of its channels of automatic verification. From now on the platform will decide who to verify with a checkmark – and who to ignore. The move has content creators livid. Unlike Twitter’s policy of assigning the coveted blue checkmark to users who prove their identity, YouTube has automatically verified any channel Read More

India’s state-run refineries assured of ‘uninterrupted’ Saudi supplies in Oct

16 hours ago DieselGasoil Comments Off on India’s state-run refineries assured of ‘uninterrupted’ Saudi supplies in Oct
Singapore — Indian state-run refineries will receive uninterrupted crude supplies from Saudi Arabia in October, oil ministry officials said Thursday, allaying fears of any temporary supply disruption due to the recent attacks on Saudi Aramco’s key oil facilities. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now India’s oil minister Read More

Fed pumps more cash as key rate breaks above target

1 day ago DieselGasoil Comments Off on Fed pumps more cash as key rate breaks above target
NEW YORK (Reuters) – The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside the bank funding market drove the central bank’s benchmark interest rate above its targeted range for the first time since the financial crisis. FILE PHOTO: Read More

Asia LPG market eases as supply assurance limits uncertainty

2 days ago DieselGasoil Comments Off on Asia LPG market eases as supply assurance limits uncertainty
Singapore — Saudi Aramco has announced acceptances of October-loading term LPG nominations after a slight delay due to supply uncertainty following the attacks on key Saudi oil infrastructure, with no cuts heard and some cargoes being delayed or brought forward to earlier dates, traders said Wednesday. Not registered? Receive daily email alerts, subscriber notes & Read More

Asian gasoline retreats on Saudi reassurance it will restore output in 2 weeks

2 days ago DieselGasoil Comments Off on Asian gasoline retreats on Saudi reassurance it will restore output in 2 weeks
Singapore — Asian gasoline cracks plunged mid-morning Wednesday from multi-month highs, after overnight news that Saudi Arabia will restore most of its crude production at its affected Abqaiq oil processing facility within two weeks. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Based on indications from market participants at Read More

FACTBOX: Oil falls after Saudi Arabia calms market over restoring supplies

2 days ago DieselGasoil Comments Off on FACTBOX: Oil falls after Saudi Arabia calms market over restoring supplies
London — Oil prices fell Tuesday, giving back more than half of Monday’s surge, after Saudi energy minister Prince Abdulaziz bin Salman said he expects most of the country’s lost crude production to be restored within two weeks. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The fast recovery Read More

Saudi Arabia to restore 11 million b/d production capacity within two weeks: energy minister

2 days ago DieselGasoil Comments Off on Saudi Arabia to restore 11 million b/d production capacity within two weeks: energy minister
Highlights Abqaiq is processing some 2 million b/d Oil prices fall after Saudi attack update Aramco IPO plan still set for next 12 months London — Saudi Arabia expects to restore most of the crude production affected by attacks on two of its key oil facilities within two weeks, the country’s energy minister said Tuesday, Read More

Wall Street rises as oil fears recede, market awaits Fed

2 days ago DieselGasoil Comments Off on Wall Street rises as oil fears recede, market awaits Fed
(Reuters) – Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded and investors awaited a widely expected Fed interest rate cut on Wednesday. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 17, 2019. REUTERS/Brendan McDermid Stocks Read More

API: U.S. supply, global efforts cushion global oil markets after weekend attack

2 days ago DieselGasoil Comments Off on API: U.S. supply, global efforts cushion global oil markets after weekend attack
By Dr. Dean Foreman, Chief Economist, American Petroleum Institute on 9/17/2019 WASHINGTON – An attack on a Saudi Arabian oil processing facility over the weekend has knocked out a significant part of Saudi production, at least temporarily, shaking oil markets. The precise amount and duration of the outage remains uncertain, and there are still unknowns Read More