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Dollar falls with yields as more Fed talk awaited

2 days ago DieselGasoil Comments Off on Dollar falls with yields as more Fed talk awaited
SYDNEY (Reuters) – Asian stocks were left adrift on Tuesday as expectations of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, while lifting gold to six-year peaks. FILE PHOTO: An investor watches stock prices at a brokerage office in Beijing, China July 6, 2018. REUTERS/Jason Lee Equity investors are Read More

Highfields spinoff Solel Partners to start trading later this year

6 days ago DieselGasoil Comments Off on Highfields spinoff Solel Partners to start trading later this year
BOSTON (Reuters) – Solel Partners is expected to start trading with more than $400 million in capital later this year, after the new hedge fund received commitments from pensions, endowments and the founders’ former boss, who ran hedge fund Highfields Capital, two people familiar with the matter said. Boston-based Solel, which is being launched by Read More

Crude oil futures spike more than 2% after Iran claims shot down US drone

6 days ago DieselGasoil Comments Off on Crude oil futures spike more than 2% after Iran claims shot down US drone
Singapore — Crude oil futures climbed over 2% in late afternoon trade in Asia on Thursday, as energy and financial market participants were covering their short paper positions on renewed concerns over potential Persian Gulf sour crude supply disruptions. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Front-month ICE Read More

Middle East sour crude prices rebound as buyers emerge for August

1 week ago DieselGasoil Comments Off on Middle East sour crude prices rebound as buyers emerge for August
Price differentials for Middle East grades seemed to have found the bottom after spot market rates fell sharply earlier this month on lackluster demand and ample supply for the August trading cycle, trading sources said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Asian refiners, who have been Read More

Crude oil futures rise amid growing tensions in Middle East

2 weeks ago DieselGasoil Comments Off on Crude oil futures rise amid growing tensions in Middle East
Singapore — Crude oil futures climbed further during mid-morning trade in Asia Friday, following alleged attacks on two oil tankers near the Strait of Hormuz Thursday, while market participants awaited comments ahead of OPEC’s bi-annual meeting later this month. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:00 Read More

Fujairah data: Oil product stocks fall to 4-week low amid soft holiday trading

2 weeks ago DieselGasoil Comments Off on Fujairah data: Oil product stocks fall to 4-week low amid soft holiday trading
Dubai — Refined oil product stockpiles at Fujairah in the UAE fell to a four-week low as of Monday, amid muted trading during the Eid-al-Fitr holidays last week, according to data released Wednesday by the Fujairah Oil Industry Zone. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total inventories Read More

Crude oil futures fall on bearish API data, demand concerns

2 weeks ago DieselGasoil Comments Off on Crude oil futures fall on bearish API data, demand concerns
Singapore — Crude oil futures were lower during mid-morning trade in Asia Wednesday, amid a build reported in US crude stocks last week while demand and supply concerns continued to exert downward pressure. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:35 am Singapore time (0235 GMT), ICE Read More

Uber chief executive laments U.S. trade policy for lackluster IPO

2 weeks ago DieselGasoil Comments Off on Uber chief executive laments U.S. trade policy for lackluster IPO
WASHINGTON/NEW YORK (Reuters) – Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company’s initial public offering last month was hurt by U.S. trade tensions even as he downplayed recent volatility in the stock price. Uber CEO Dara Khosrowshahi speaks at the The Economic Club of Washington in Washington D.C., U.S. June 11, 2019. REUTERS/Carlos Read More

World shares rally again on Trump tariff relief, Fed hopes

2 weeks ago DieselGasoil Comments Off on World shares rally again on Trump tariff relief, Fed hopes
LONDON (Reuters) – World shares rallied on Tuesday to hold near one-month highs, with German carmakers outperforming and Wall Street looking to extend gains after the United States stepped back from imposing tariffs on Mexico. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Read More

Mexico’s fuel market to become even more competitive in 2020: executives

2 weeks ago DieselGasoil Comments Off on Mexico’s fuel market to become even more competitive in 2020: executives
New York — Mexico’s already liberalizing fuel market will become far more competitive in 2020 as several private midstream projects start operations, multiple oil company executives say. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Infrastructure shortages has allowed state Pemex to control more than 90% of Mexico’s gasoline Read More