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Venezuela’s oil production set for another drop

2 days ago DieselGasoil Comments Off on Venezuela’s oil production set for another drop
Venezuela’s oil production fell to a new low last month, as economic crisis and sanctions continue to strangle the industry. Venezuela’s output fell by 35,000 bpd in May, plunging to 741,000 bpd for the month, according to OPEC’s secondary sources, the lowest total in about a half century. The problems for Venezuela are not new Read More

‘Exceptional’ and ‘kind’ British teens killed in Bolivia named

2 weeks ago DieselGasoil Comments Off on ‘Exceptional’ and ‘kind’ British teens killed in Bolivia named
By Sanya Burgess, news reporter The families of two British teenagers who died in a car crash in Bolivia have paid tribute to their loved ones. Freddie Michael McLennan and George Joseph Atkins, who were both 19, were killed when the vehicle they were in flipped over on the Salar de Uyuni, the world’s largest Read More

India shifting to raise butane in LPG import mix due to costlier propane

2 weeks ago DieselGasoil Comments Off on India shifting to raise butane in LPG import mix due to costlier propane
Singapore — India is expected to boost the ratio of butane in its LPG import mix to leverage the product’s lower prices against propane and as more mid-sized gas carriers instead of very large gas carriers are used to avoid congestion at its ports, trade sources said Wednesday. Not registered? Receive daily email alerts, subscriber Read More

British teenagers die in car crash in Bolivia

2 weeks ago DieselGasoil Comments Off on British teenagers die in car crash in Bolivia
Two British teenagers have died in a car crash in Bolivia. Freddie Michael McLennan and George Joseph Atkins, who were both 19, were killed when their car flipped over on the Salar de Uyuni, the world’s largest salt flat and a major tourist destination in the country. The vehicle’s Bolivian driver, 22-year-old Alberto Barco, also Read More

British teenagers die in cash crash in Bolivia

2 weeks ago DieselGasoil Comments Off on British teenagers die in cash crash in Bolivia
Two British teenagers have died in a car crash in Bolivia. Freddie Michael McLennan and George Joseph Atkins, who were both 19, were killed when their car flipped over on the Salar de Uyuni, the world’s largest salt flat and a major tourist destination in the country. The vehicle’s Bolivian driver, 22-year-old Alberto Barco, also Read More

CFR Japan physical naphtha crack lowest in over a decade on bearish fundamentals

2 weeks ago DieselGasoil Comments Off on CFR Japan physical naphtha crack lowest in over a decade on bearish fundamentals
Singapore — The CFR Japan physical naphtha crack against front-month August ICE Brent crude slumped to a near 11-year low on the back of supply overhang and cracker outages. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now As the Asian close Friday, the CFR Japan physical naphtha crack against Read More

Asia LPG price hits near 2-year low on weaker crude, oversupply

3 weeks ago DieselGasoil Comments Off on Asia LPG price hits near 2-year low on weaker crude, oversupply
Singapore — Asian LPG prices slumped to the lowest level in 23 months Thursday on the back of a tumbling crude complex, prompting buyers to retreat to the sidelines to see if prices would drop further amid ample supply, market participants said Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

The man who invented 10,000 people and brought down mobsters

4 weeks ago DieselGasoil Comments Off on The man who invented 10,000 people and brought down mobsters
In the early 1960s the United States was seen to be losing its war against organised crime. Italian-American gangs avoided detection and prosecution through enforcing “omerta” – a code of silence that was honoured by members to hide their activities from outsiders. Mobsters who were questioned by police would refuse to break the code for Read More

Impending IMO 2020 pushes discounted Asian crudes into premiums

4 weeks ago DieselGasoil Comments Off on Impending IMO 2020 pushes discounted Asian crudes into premiums
Singapore — The fast-approaching lower sulfur cap for global maritime shipping fuels pushed prices for specific ‘cheap’ crude grades into significant premiums in H1 2019, as markets prepare for the IMO 2020 kick off in January next year, sources told S&P Global Platts this month. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

Teenage activists demand climate action on eve of global school strike

1 month ago DieselGasoil Comments Off on Teenage activists demand climate action on eve of global school strike
LONDON (Reuters) – Children, some as young as eight, will walk out of class in cities around the world on Friday in a fresh wave of strikes called by young people who fear adults are sleepwalking toward a collapse in the global climate system. FILE PHOTO: Swedish environmental activist Greta Thunberg joins Italian students to Read More