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BW Offshore: Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field

5 hours ago DieselGasoil Comments Off on BW Offshore: Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field
Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field With reference to the stock exchange releases dated 8 and 14 March 2019. BW Offshore (BWO) is pleased to announce that The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as Read More

Weekly Economic Release Summary: Productivity Is Not What It Is Cracked Up To Be

11 hours ago DieselGasoil Comments Off on Weekly Economic Release Summary: Productivity Is Not What It Is Cracked Up To Be
This past week, the Bureau of Labor Statistics (BLS) released productivity and costs for 2Q2019. The bottom line was that the year-over-year productivity growth slowed. My view of productivity is very different from the headline view. Productivity calculations are complicated –  far too complicated  for Read More

Airbnb records 30% growth rate in first-quarter on booking strength: source

13 hours ago DieselGasoil Comments Off on Airbnb records 30% growth rate in first-quarter on booking strength: source
FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. REUTERS/Charles Platiau/File Photo (Reuters) – Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the Read More

Failed state made in the USA: Ex-president of Honduras and coup victim Zelaya tells all

14 hours ago DieselGasoil Comments Off on Failed state made in the USA: Ex-president of Honduras and coup victim Zelaya tells all
President Jose Manuel Zelaya of Honduras was deposed from power in a military coup after joining a progressive alliance of Latin American leaders and he has “absolutely no doubts” the US was behind his ouster, he tells RT America. “The US warned me: if you sign the Bolivarian Alternative to the Americas (ALBA) you’re going Read More

Take Five: Fed in a hole

16 hours ago DieselGasoil Comments Off on Take Five: Fed in a hole
(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/FED IN A HOLE On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July’s Read More

Lower rates could boost housing stocks, but risks remain

16 hours ago DieselGasoil Comments Off on Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and Federal Reserve speakers next week are likely to help shape the outlook. After underperforming in 2018, the PHLX Housing Index .HGX is up about 30% Read More

Wall Street ends sharply higher on German stimulus optimism

18 hours ago DieselGasoil Comments Off on Wall Street ends sharply higher on German stimulus optimism
NEW YORK (Reuters) – U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 14, Read More

Argentina enforces fuel price caps despite warnings of oil production slowdown

19 hours ago DieselGasoil Comments Off on Argentina enforces fuel price caps despite warnings of oil production slowdown
Buenos Aires — Crude sales price falls to $40-42/b Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Caps seen a threat to Vaca Muerta development Refined products imports rise Argentina imposed a 90-day freeze on diesel (gasoil) and gasoline prices Friday, driving down domestic crude prices by around 30% Read More

Oil rises alongside equities, but downbeat OPEC outlook caps gains

20 hours ago DieselGasoil Comments Off on Oil rises alongside equities, but downbeat OPEC outlook caps gains
NEW YORK (Reuters) – Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. FILE PHOTO: A wastewater injection well owned by Parsley Energy operates in the Permian Basin near Midland, Texas U.S. August 23, 2018. REUTERS/Nick Oxford But oil’s gains Read More

Yields rise on German fiscal stimulus hopes

20 hours ago DieselGasoil Comments Off on Yields rise on German fiscal stimulus hopes
NEW YORK (Reuters) – Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt. FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder Government Read More