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Stocks cheered by Trump trade talk; sterling plagued by politics

52 mins ago DieselGasoil Comments Off on Stocks cheered by Trump trade talk; sterling plagued by politics
SYDNEY (Reuters) – Asian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of an imminent party coup against British Prime Minister Theresa May. Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Read More

Stocks run with Sino-U.S. trade hopes; sterling hamstrung by politics

3 hours ago DieselGasoil Comments Off on Stocks run with Sino-U.S. trade hopes; sterling hamstrung by politics
SYDNEY (Reuters) – Asian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of an imminent party coup against British Prime Minister Theresa May. Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Read More

Asia stocks up on Sino-U.S. trade hopes, sterling nurses losses

5 hours ago DieselGasoil Comments Off on Asia stocks up on Sino-U.S. trade hopes, sterling nurses losses
SYDNEY (Reuters) – Asian stock markets edged ahead on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with talk of an imminent party coup against British Prime Minister Theresa May. Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Read More

API reports that access for development allows oil and natural gas industry to be a major revenue generator for Federal and state governments

5 hours ago DieselGasoil Comments Off on API reports that access for development allows oil and natural gas industry to be a major revenue generator for Federal and state governments
12/11/2018 WASHINGTON — The American Petroleum Institute released the following statement regarding the Department of the Interior’s presentation of nearly $500 million in revenue awarded to New Mexico from oil and natural gas production on federal lands: “The U.S. oil and natural gas industry continues to lead the way in bringing large economic benefits – Read More

Oil rises after report shows large crude-stockpile drop

6 hours ago DieselGasoil Comments Off on Oil rises after report shows large crude-stockpile drop
By Catherine Ngai and Alex Longley on 12/11/2018 NEW YORK and LONDON (Bloomberg) — Oil edged higher after a U.S. industry report signaled a bigger-than-expected draw in crude inventories last week. Futures rose above $52/bbl in New York. The industry-funded American Petroleum Institute was said to report U.S. crude supplies fell 10.2 MMbbl last week, Read More

Conservation groups sue Trump administration over Atlantic oil testing

8 hours ago DieselGasoil Comments Off on Conservation groups sue Trump administration over Atlantic oil testing
CHARLESTON, S.C. (Reuters) – Environmental groups opposed to offshore drilling sued the federal government on Tuesday to prevent future seismic tests for oil and gas deposits in Atlantic waters off the U.S. East Coast. South Carolina coastal resident Phil Frandino, holds a sign at the Charleston announcement of a lawsuit against the Trump administration to Read More

Trump administration proposes weakening U.S. waterway protections

12 hours ago DieselGasoil Comments Off on Trump administration proposes weakening U.S. waterway protections
WASHINGTON (Reuters) – The Trump administration proposed on Tuesday reducing federal protections for U.S. waterways, an action sought by ranching and mining interests but one that will likely be held up in the courts amid lawsuits brought by environmentalists. The Environmental Protection Agency proposal would narrow the extent of protections in the Waters of the Read More

Deforestation in Brazil's Cerrado savanna falls to record low

13 hours ago DieselGasoil Comments Off on Deforestation in Brazil's Cerrado savanna falls to record low
BRASILIA (Reuters) – Deforestation in Brazil’s tropical Cerrado savanna, which makes up a quarter of the country, fell 11 percent to a record low in 2018 compared with a year earlier, the Ministry of Environment said in a statement on Tuesday. Deforestation in the South American country’s savanna biome totaled 6,657 square kilometers (2,570 square Read More

China's Huawei fights U.S. spying allegations on crucial European front

13 hours ago DieselGasoil Comments Off on China's Huawei fights U.S. spying allegations on crucial European front
SHANGHAI/HONG KONG (Reuters) – Even before the arrest of its CFO last week, pressure from the United States had forced China’s Huawei onto the back foot in markets from London to Tokyo. People walk past a Huawei shop in Beijing, China, December 11, 2018. REUTERS/Thomas Peter But the detention of Meng Wanzhou in Canada Read More