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Oil rises as Germany pledges economic stimulus, OPEC slashes output

4 mins ago DieselGasoil Comments Off on Oil rises as Germany pledges economic stimulus, OPEC slashes output
New York — Crude futures edged higher Friday as Germany’s leadership pledged to undertake economic stimulus measures and OPEC reported sharply lower crude output in July. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX September WTI settled up 40 cents at $54.87/b and ICE October Brent was 41 Read More

Argentina enforces fuel price caps despite warnings of oil production slowdown

1 hour 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

Husky to Resume Full Production at White Rose

2 hours ago DieselGasoil Comments Off on Husky to Resume Full Production at White Rose
CALGARY, Alberta, Aug. 16, 2019 (GLOBE NEWSWIRE) — Following an extensive investigation, flow line repairs, integrity testing and approval of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), Husky Energy (TSX:HSE) today announced it will resume production from the remaining two drill centres shut in following the November 2018 oil spill offshore Newfoundland and Labrador. Read More

U.S. drillers add oil rigs for first week since June: Baker Hughes

4 hours ago DieselGasoil Comments Off on U.S. drillers add oil rigs for first week since June: Baker Hughes
(Reuters) – U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spending on new drilling this year. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford Companies added six oil rigs Read More

‘Proof he has gone mad’ – Trump ridiculed over plan to buy Greenland

4 hours ago DieselGasoil Comments Off on ‘Proof he has gone mad’ – Trump ridiculed over plan to buy Greenland
By Rachael Kennedy, news reporter Donald Trump has reportedly expressed an interest in buying the island of Greenland – sparking a bemused reaction from Danish MPs. The US president is said to have discussed a potential purchase of the autonomous Danish territory during a private meeting with aides and advisers. But there appears to be Read More

Rashida Tlaib’s West Bank trip was ‘provocation to embarrass Israel’ – Israeli interior minister

5 hours ago DieselGasoil Comments Off on Rashida Tlaib’s West Bank trip was ‘provocation to embarrass Israel’ – Israeli interior minister
Israel’s interior minister has fired another shot in the scuffle over US lawmaker Rashida Tlaib’s (D-MI) plan to visit the West Bank, accusing the congresswoman of staging a ‘provocation’ to humiliate Israel. Interior Minister Aryeh Deri condemned Tlaib’s motives in a tweet on Friday morning, after the congresswoman announced that she would not make the Read More

Sharks, elephants and precious wood in balance at wildlife talks

6 hours ago DieselGasoil Comments Off on Sharks, elephants and precious wood in balance at wildlife talks
GENEVA (Reuters) – The fate of mako sharks, African elephants and their ivory, and precious wood used to make musical instruments are on the agenda of member states attending negotiations of the U.N. wildlife watchdog opening on Saturday, officials said. The Convention on International Trade in Endangered Species (CITES) regulates the buying and selling of Read More

‘Final proof he has gone mad’ – Trump ridiculed over plan to buy Greenland

7 hours ago DieselGasoil Comments Off on ‘Final proof he has gone mad’ – Trump ridiculed over plan to buy Greenland
By Rachael Kennedy, news reporter Donald Trump has reportedly expressed an interest in buying the island of Greenland – sparking a bemused reaction from Danish MPs. The US president is said to have discussed a potential purchase of the autonomous Danish territory during a private meeting with aides and advisers. But there appears to be Read More