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After Turbulent Week, Here's What Investors Should Be Watching

7 hours ago DieselGasoil Comments Off on After Turbulent Week, Here's What Investors Should Be Watching
This week has been a worrying one for investors. Futures are indicating a bit of a bounce back early this morning and if that holds, the net effect of the last five days’ trading will not be that bad, with the S&P 500 losing only around one percent on the Read More

Targa reports flaring at Mont Belvieu de-ethanizer in Texas

22 hours ago DieselGasoil Comments Off on Targa reports flaring at Mont Belvieu de-ethanizer in Texas
Houston — Targa Resources reported flaring at a de-ethanizer at its Mont Belvieu, Texas, NGL storage and fractionation complex, according to a Friday filing with the Texas Commission on Environmental Quality. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “A leak developed on the de-ethanizer reboiler,” according to the Read More

Global stocks climb on muted trade hopes, dollar slips

23 hours ago DieselGasoil Comments Off on Global stocks climb on muted trade hopes, dollar slips
NEW YORK (Reuters) – World equity markets rebounded on Friday from the previous day’s sharp fall, boosted after U.S. President Donald Trump said complaints against China’s Huawei Technologies might be resolved within the framework of a Sino-U.S. trade deal. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Oil edges higher but set for biggest weekly loss of 2019

1 day ago DieselGasoil Comments Off on Oil edges higher but set for biggest weekly loss of 2019
NEW YORK (Reuters) – Oil prices climbed 1 percent on Friday ahead of long U.S. and UK holiday weekends, but were on track for their biggest weekly drop of the year, pressured by rising inventories and worries about the global economy. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Read More

Trump sparks oil rally with Iran spat

1 day ago DieselGasoil Comments Off on Trump sparks oil rally with Iran spat
By Grant Smith on 5/24/2019 Photo: U.S. President Donald Trump. LONDON (Bloomberg) — Just over a week ago, crude prices were surging as attacks on Saudi Arabia’s oil tankers and pipeline network spurred fears that the Middle East was on the brink of military confrontation. In the past two days, however, oil has suffered its Read More

Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits

1 day ago DieselGasoil Comments Off on Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits
LONDON (Reuters) – World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade talks while British Prime Minister Theresa May’s resignation briefly sent sterling fluctuating wildly. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, Read More

Oil rises toward $69, but set for 2019’s biggest weekly loss

1 day ago DieselGasoil Comments Off on Oil rises toward $69, but set for 2019’s biggest weekly loss
LONDON (Reuters) – Oil rose toward $69 a barrel on Friday after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising inventories and concerns of an economic slowdown. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. Read More

Trade Conflict Escalates

1 day ago DieselGasoil Comments Off on Trade Conflict Escalates
Pre market futures are once again in the red this morning following Asian markets tumbling overnight The trade issue on either side of the Pacific Ocean especially with regard to the tech sector continues to wallow in something close to turmoil at this hour as the trade war between the Read More

Asia stocks flat as trade worries linger, Europe to open higher

2 days ago DieselGasoil Comments Off on Asia stocks flat as trade worries linger, Europe to open higher
TOKYO/HONG KONG (Reuters) – Asian stock markets were mixed on Friday, with sentiment torn between investors worried that the U.S.-China trade war was becoming more protracted, and others hopeful that the world’s two largest economies would reach a settlement soon. FILE PHOTO: A man is reflected in an electronic board showing the graph of the Read More

Brent/Dubai EFS jumps to near 1-year high amid US-China trade tensions

2 days ago DieselGasoil Comments Off on Brent/Dubai EFS jumps to near 1-year high amid US-China trade tensions
The Brent/Dubai Exchange of Futures for Swaps spread jumped to a near 1-year high in Asian morning trade Friday, on what trade sources said was active bidding in the ICE Brent crude futures market amid ongoing geopolitical tensions between the US and China. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More