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California searches for 1,000 missing in its deadliest fire

7 hours ago DieselGasoil Comments Off on California searches for 1,000 missing in its deadliest fire
PARADISE, Calif. (Reuters) – Recovery teams with cadaver dogs pressed on with their search for more victims in a flame-ravaged northern California town on Friday as authorities sought clues to the fate of more than 1,000 people reported missing in the deadliest wildfire in state history. Remains of at least 71 people have been recovered Read More

Dollar, U.S. yields slide on Fed official rate talk

10 hours ago DieselGasoil Comments Off on Dollar, U.S. yields slide on Fed official rate talk
NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties. Traders work on the floor of the New York Read More

California presses search for fire victims, number of missing soars

10 hours ago DieselGasoil Comments Off on California presses search for fire victims, number of missing soars
PARADISE, Calif. (Reuters) – Recovery workers with cadaver dogs pressed on with their search for more victims in a flame-ravaged northern California town on Friday as authorities sought clues to the fate of more than 600 people reported missing in the deadliest wildfire in state history. Remains of at least 63 people have been recovered Read More

S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq

11 hours ago DieselGasoil Comments Off on S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
NEW YORK (Reuters) – The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp (NVDA.O) dragged down the Nasdaq. All three indexes had been lower in early trade as an underwhelming outlook Read More

Forbes Energy Services Acquires Cretic Energy Services

12 hours ago DieselGasoil Comments Off on Forbes Energy Services Acquires Cretic Energy Services
ALICE, Texas, Nov. 16, 2018 (GLOBE NEWSWIRE) — Forbes Energy Services, Ltd. (OTCQX: FLSS) (“Forbes”), announced today that it has acquired Cretic Energy Services, LLC (“Cretic” or the “Company”) from Catapult Energy Services Group, LLC, an NGP and NGP Energy Technology Partners portfolio company.  Cretic, headquartered in Montgomery, Texas, provides large-diameter, extended-reach, coiled tubing services Read More

Dollar falls as Fed officials ring note of caution, pound bounces

14 hours ago DieselGasoil Comments Off on Dollar falls as Fed officials ring note of caution, pound bounces
NEW YORK (Reuters) – The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal. British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas Read More

Wall Street advances on trade optimism; Nvidia, Facebook lag

14 hours ago DieselGasoil Comments Off on Wall Street advances on trade optimism; Nvidia, Facebook lag
NEW YORK (Reuters) – The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 7, 2018. REUTERS/Brendan McDermid All three indexes Read More

S&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq

16 hours ago DieselGasoil Comments Off on S&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq
(Reuters) – The S&P 500 swung between gains and losses on Friday following conflicting reports on a U.S. trade deal with China, while weakness in chipmaker Nvidia weighed on the Nasdaq. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 7, 2018. REUTERS/Brendan McDermid President Donald Trump Read More

Dollar, U.S. yields fall on Fed comments; Brexit casts shadow

18 hours ago DieselGasoil Comments Off on Dollar, U.S. yields fall on Fed comments; Brexit casts shadow
NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields pulled back on Friday after a top Federal Reserve official said U.S. interest rates are near a neutral rate, while continued uncertainty over Brexit clouded currency and other markets. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, Read More

Oil firms on supply cut talk; still set for sixth weekly loss

1 day ago DieselGasoil Comments Off on Oil firms on supply cut talk; still set for sixth weekly loss
LONDON (Reuters) – Oil rose on Friday on hopes that supply cuts will be agreed at OPEC’s meeting on Dec. 6, but failed to recoup recent losses on oversupply concerns that have shaved more than a fifth off the Brent crude benchmark since early October. FILE PHOTO: A worker checks the valve of an oil Read More