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Argentina Treasury minister resigns, says ‘significant renewal’ needed amid economic crisis

2 days ago DieselGasoil Comments Off on Argentina Treasury minister resigns, says ‘significant renewal’ needed amid economic crisis
FILE PHOTO: Argentina’s Treasury Minister Nicolas Dujovne gestures during a news conference in Buenos Aires, Argentina April 22, 2019. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Argentina’s Treasury Minister Nicolas Dujovne has resigned, saying in a letter seen by Reuters on Saturday he believed the government needed “significant renewal” in its economic team amid a crisis Read More

Argentina enforces fuel price caps despite warnings of oil production slowdown

3 days 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

Argentina delays price freeze as oil sector warns of hit to investment, output

4 days ago DieselGasoil Comments Off on Argentina delays price freeze as oil sector warns of hit to investment, output
Buenos Aires — Argentina’s Energy Secretariat has delayed the enforcement of a 90-day freeze on diesel (gasoil) and gasoline prices that President Mauricio Macri proposed Wednesday, a move seen as appeasing the concerns of oil companies that it could slow drilling activity and production growth. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

Asian stocks cheer Trump’s delay of some China tariffs

6 days ago DieselGasoil Comments Off on Asian stocks cheer Trump’s delay of some China tariffs
TOKYO (Reuters) – Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. FILE PHOTO: A man walks past in front of a stock quotation board showing the price of the SoftBank Corp. and Nikkei share Read More

Asian stocks bounce in relief as Trump delays China tariffs

6 days ago DieselGasoil Comments Off on Asian stocks bounce in relief as Trump delays China tariffs
TOKYO (Reuters) – Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. FILE PHOTO: A man walks past in front of a stock quotation board showing the price of the SoftBank Corp. and Nikkei share Read More

Asia shares jolted by Hong Kong unrest, Argentine peso crash

7 days ago DieselGasoil Comments Off on Asia shares jolted by Hong Kong unrest, Argentine peso crash
TOKYO (Reuters) – Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbors like bonds, gold, and the yen. FILE PHOTO: Men walk past in front of an electric screen showing Japan’s Nikkei share average Read More

Asia shares tumble as Hong Kong unrest, Argentine peso crash unnerve investors

7 days ago DieselGasoil Comments Off on Asia shares tumble as Hong Kong unrest, Argentine peso crash unnerve investors
TOKYO (Reuters) – Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbors like bonds, gold, and the Japanese yen. FILE PHOTO: Men walk past in front of an electric screen showing Japan’s Nikkei share Read More

Asia shares slip as Hong Kong unrest, Argentine peso crash rattle investors

1 week ago DieselGasoil Comments Off on Asia shares slip as Hong Kong unrest, Argentine peso crash rattle investors
TOKYO (Reuters) – Asian shares fell on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbors like bonds, gold, and the yen. FILE PHOTO: Men walk past in front of an electric screen showing Japan’s Nikkei share average Read More

Argentina’s populist opposition primary win may put energy investment on hold

1 week ago DieselGasoil Comments Off on Argentina’s populist opposition primary win may put energy investment on hold
Buenos Aires — Argentina’s leading opposition coalition, a left-wing populist alliance that ruled the country from 2003-15, swept the national primaries Sunday, putting it in the running to win the October 27 general election and damp investment in the oil and natural gas sector. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More