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First US crude cargo from Cactus II loaded out of Corpus Christi

2 hours ago DieselGasoil Comments Off on First US crude cargo from Cactus II loaded out of Corpus Christi
Houston — The first US crude cargo originating from the new Cactus II pipeline loaded onto the Aframax Paramount Hatteras out of the Buckeye Terminal in Corpus Christi, Texas, a NuStar Energy spokesman confirmed Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Paramount Hatteras’ discharge destination was Read More

Safe havens rise as recession concerns trigger easing bets

5 hours ago DieselGasoil Comments Off on Safe havens rise as recession concerns trigger easing bets
NEW YORK (Reuters) – Traditional safe-havens including the Japanese yen and U.S. Treasuries were sought out on Tuesday even as there were signs that more economic stimulus was on its way, as traders focused on concerns over a global deceleration. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Read More

Facebook users to see, control personal data taken from other websites

8 hours ago DieselGasoil Comments Off on Facebook users to see, control personal data taken from other websites
FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of the Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration (Reuters) – Facebook Inc (FB.O) said on Tuesday it is tweaking its policies to allow users to see and control the data that other websites and apps share Read More

NOCs confident Tokyo 2020 can overcome heat, water quality issues

15 hours ago DieselGasoil Comments Off on NOCs confident Tokyo 2020 can overcome heat, water quality issues
TOKYO (Reuters) – Searing heat and water quality issues have dogged Tokyo 2020 organizers in recent weeks but delegates to a Chef de Mission seminar on Tuesday said they are confident their hosts will find solutions ahead of next year’s Summer Olympics. Summer sunshine is seen through Olympic rings displayed at Nihonbashi district in Tokyo, Read More

‘One possible conclusion’: US banned-missile test apparently in works long before leaving INF

15 hours ago DieselGasoil Comments Off on ‘One possible conclusion’: US banned-missile test apparently in works long before leaving INF
It took the US just 17 days after it was no longer officially bound by the INF Treaty to conduct a missile test that would have breached its rules. And it probably was breaching the treaty, given how long preparation takes. On Sunday, the Pentagon fired a Tomahawk cruise missile from a truck-mounted Mark 41 Read More

Analysis: First US crude offer in Asia MOC creates stir amid shut arbitrage

16 hours ago DieselGasoil Comments Off on Analysis: First US crude offer in Asia MOC creates stir amid shut arbitrage
Singapore — The Asian Platts Market on Close assessment process registered its first ever offer for US crude oil Monday — despite a 16-month low spread between WTI and Dubai making its purchase currently unattractive to Asian buyers. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The emergence of Read More

Asian shares nudge higher on stimulus hopes, recession fears ease

21 hours ago DieselGasoil Comments Off on Asian shares nudge higher on stimulus hopes, recession fears ease
TOKYO (Reuters) – Asian shares extended their gains on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, boosting riskier assets and drawing money from safe-havens such as bonds and gold. FILE PHOTO: Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August 6, 2019. Read More

Japan Inc backs Abe’s tough trade stance vs South Korea amid row: Reuters poll

1 day ago DieselGasoil Comments Off on Japan Inc backs Abe’s tough trade stance vs South Korea amid row: Reuters poll
TOKYO (Reuters) – Japanese companies broadly support Prime Minister Shinzo Abe’s tough trade stance against South Korea, a Reuters poll found. FILE PHOTO: Japan’s Prime Minister Shinzo Abe, who is also ruling Liberal Democratic Party leader, speaks at a debate session ahead of July 21 upper house election at the Japan National Press Club in Read More