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Number of financially distressed oil, gas companies increasing: S&P Ratings

4 days ago DieselGasoil Comments Off on Number of financially distressed oil, gas companies increasing: S&P Ratings
Highlights Some companies may not escape financial trouble this year To lower costs, some companies have struck merger deals Houston — The number of oil and natural gas companies in financial distress is starting to rise as investors lose interest, access to more credit is throttled, and companies struggle to live within cash flows, S&P Read More

Investors pour $28 billion in money-market funds as S&P 500 hit record high: Lipper

1 week ago DieselGasoil Comments Off on Investors pour $28 billion in money-market funds as S&P 500 hit record high: Lipper
(Reuters) – U.S.-based money-market funds attracted about $28 billion in the week ended Wednesday, their largest weekly inflow since mid-May, as the S&P 500 Index rose above 3,000 for the first time on Wednesday. It was money funds’ third consecutive week of cash inflows, with a four-week moving average of $18.8 billion, according to data Read More

Wall Street banks bailing on troubled U.S. farm sector

1 week ago DieselGasoil Comments Off on Wall Street banks bailing on troubled U.S. farm sector
CHICAGO/WASHINGTON (Reuters) – In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector. A dairy cow is seen grazing at the family farm, God Green Acres in Mayville, Wisconsin, U.S., June 24, 2019. Picture taken Read More

TV host’s outburst against Putin is ‘great shame’ for Georgians and ‘absolute madness’ – Kremlin

2 weeks ago DieselGasoil Comments Off on TV host’s outburst against Putin is ‘great shame’ for Georgians and ‘absolute madness’ – Kremlin
The incident in which a Georgian opposition TV host used profanities in relation to Russian President Vladimir Putin was a “shameful,” “Russophobic fit,” a Kremlin spokesman has said. Georgiy Gabuniya, the host of an opinion show on Georgia’s opposition Rustavi 2 TV broadcaster, began his Sunday program by addressing Putin in Russian – using some Read More

Georgian opposition TV host BAD-MOUTHS Putin on air, sending country into meltdown

2 weeks ago DieselGasoil Comments Off on Georgian opposition TV host BAD-MOUTHS Putin on air, sending country into meltdown
An expletive-ridden rant by a Georgian TV host, who switched to Russian to hurl vulgarities at President Vladimir Putin and his late parents, has drawn a massive backlash, forcing officials to go into damage control. The host of an opinion show on Georgia’s opposition Rustavi 2 TV broadcaster began his Sunday program by addressing Putin Read More

Georgian opposition TV host FOUL-MOUTHS Putin on air, sending country into meltdown

2 weeks ago DieselGasoil Comments Off on Georgian opposition TV host FOUL-MOUTHS Putin on air, sending country into meltdown
An expletive-ridden rant by a Georgian TV host, who switched to Russian to hurl vulgarities at Russian President Vladimir Putin and his late parents, has drawn a massive backlash, forcing officials to go into damage control. The host of an opinion show on Georgia’s oppositional Rustavi 2 TV broadcaster began his late Sunday program by Read More

Protesting crowds assail Georgian opposition TV after host’s foul-mouthed attack on Putin (VIDEOS)

2 weeks ago DieselGasoil Comments Off on Protesting crowds assail Georgian opposition TV after host’s foul-mouthed attack on Putin (VIDEOS)
A crowd of protesters gathered at the headquarters of the Georgian opposition TV station Rustavi 2 after a show host went on an expletive-laden on-air tirade attacking Russian President Vladimir Putin and his late parents. Georgia was thrown into an uproar late on Sunday by an extremely vulgar outburst by Rustavi 2 host Georgiy Gabuniya, Read More

Oil dives 4% on demand worries even as OPEC, allies extend cuts

3 weeks ago DieselGasoil Comments Off on Oil dives 4% on demand worries even as OPEC, allies extend cuts
NEW YORK (Reuters) – Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing Read More

Oil dips on demand worries even as OPEC, allies extend cuts

3 weeks ago DieselGasoil Comments Off on Oil dips on demand worries even as OPEC, allies extend cuts
LONDON (Reuters) – Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture Read More

‘Great guy’ Putin had ‘good’ meeting with Trump: Russia & US leaders applaud their G20 meeting

3 weeks ago DieselGasoil Comments Off on ‘Great guy’ Putin had ‘good’ meeting with Trump: Russia & US leaders applaud their G20 meeting
Though exact details of the G20 meeting between the US president Donald Trump and Russian leader Vladimir Putin have not been revealed, each head of state appeared quite satisfied with what came out of it. Not sparing his words, Trump said on Saturday that he’d had a “great” and “excellent” meeting with his Russian counterpart Read More