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Fallout from Saudi attacks highlights shift in ties with US

2 days ago DieselGasoil Comments Off on Fallout from Saudi attacks highlights shift in ties with US
Highlights Shale growth has flipped US-Saudi relations US imports of Saudi crude have fallen to historic lows Displaced Saudi barrels could be filled by light US crude Washington — The US-Saudi relationship may have been upended by the growth of US shale long before Saturday’s attacks on Saudi oil infrastructure, but the historic shift may Read More

Asian LPG market seen firming amid rising Saudi supply worries

2 days ago DieselGasoil Comments Off on Asian LPG market seen firming amid rising Saudi supply worries
Singapore — The LPG market was seen firming in Asian trade Monday morning as market participants digested news about attacks on key oil infrastructure in Saudi Arabia over the weekend. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The drone attacks early Saturday on the Abqaiq processing facility and Read More

Two killed as torrential rains sweep away cars in Spain

6 days ago DieselGasoil Comments Off on Two killed as torrential rains sweep away cars in Spain
Rescue workers stand next to an overturned car where an elderly couple died after heavy floods in Albacete, Spain, September 12, 2019 in this still image taken from a video obtained by Reuters. Atlas/Reuters TV via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. SPAIN OUT. NO COMMERCIAL OR EDITORIAL Read More

Elderly couple killed as torrential rains sweep away cars in Spain

6 days ago DieselGasoil Comments Off on Elderly couple killed as torrential rains sweep away cars in Spain
Flooded roads are seen in Mogente, Spain September 12, 2019. in this still image taken from social media video Adrian Soriano via REUTERS MADRID (Reuters) – An elderly couple died on Thursday when floodwaters caused by torrential rain dragged their car and flipped it over in eastern Spain, local emergency services said. The victims, both Read More

Asian light ends market prepares for winter; LPG set to rise from 2-year lows

1 week ago DieselGasoil Comments Off on Asian light ends market prepares for winter; LPG set to rise from 2-year lows
The Asian light ends market this week will take on further characteristics inherent to the winter period, with Asian LPG prices set to rise from two-year lows on improving fundamentals while gasoline continues to be pressured by lower US NYMEX RBOB futures. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

F3 driver’s car flies into the air during 150mph horror crash in Italy

1 week ago DieselGasoil Comments Off on F3 driver’s car flies into the air during 150mph horror crash in Italy
A motor racing driver has survived a 150mph horror crash after his car launched into the air and flipped completely over before smashing into protective fencing. Alex Peroni was taking part in the Formula Three race in Monza ahead of Sunday’s Formula One Italian Grand Prix when his car seemed to hit a kerb and Read More

Factbox: Downgraded Dorian has US utilities guessing, demand under pressure

2 weeks ago DieselGasoil Comments Off on Factbox: Downgraded Dorian has US utilities guessing, demand under pressure
New York — Downgraded and still moving at a crawl, Hurricane Dorian was set to head up the coast of Florida late Tuesday, threatening power outages and port closures on its way toward Georgia and the Carolinas. On its slow march north, the storm is expected to dampen natural gas and gasoline demand as damaging Read More

Childhood sweethearts die in truck crash – five minutes after wedding

3 weeks ago DieselGasoil Comments Off on Childhood sweethearts die in truck crash – five minutes after wedding
Two newlyweds have died in a car crash in Texas – minutes after getting married. Harley Morgan, 19, and Rhiannon Boudreaux, 20, collided with a truck after leaving their wedding venue in Texas on Friday. The childhood sweethearts were pulling onto a five-lane highway when the truck, which was towing a trailer carrying a heavy Read More

Analysis: Middle East sour crude turns bullish in July on light oil products recovery

2 months ago DieselGasoil Comments Off on Analysis: Middle East sour crude turns bullish in July on light oil products recovery
Singapore — The Middle East sour crude market staged an unexpected recovery in July as tightening of light oil products supply globally led to stronger product margins and revived refinery run rates across major demand centers in Asia, boosting sour crude differentials. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Oil falls 1% despite large U.S. stockpile decline

2 months ago DieselGasoil Comments Off on Oil falls 1% despite large U.S. stockpile decline
NEW YORK (Reuters) – Oil prices fell 1% on Wednesday, failing to draw lasting support from a large decrease in U.S. crude stockpiles as investors worried about global oil demand. FILE PHOTO: An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann Brent crude LCOc1 futures dropped 65 Read More