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Devon Energy to Report Second-Quarter 2019 Results Aug. 6; Conference Call Scheduled for Aug. 7

1 hour ago DieselGasoil Comments Off on Devon Energy to Report Second-Quarter 2019 Results Aug. 6; Conference Call Scheduled for Aug. 7
OKLAHOMA CITY, June 25, 2019 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced plans to announce second-quarter 2019 results on Tuesday, Aug. 6, after the close of U.S. financial markets. The earnings release and operations report for the second-quarter 2019 results will be available on the company’s website at www.devonenergy.com. On Wednesday, Aug. Read More

Marathon Petroleum signs offtake agreement for IEnova’s Manzanillo terminal in Mexico

2 hours ago DieselGasoil Comments Off on Marathon Petroleum signs offtake agreement for IEnova’s Manzanillo terminal in Mexico
Highlights Manzanillo is also contracted by BP and Trafigura Terminal will serve Western Mexico, which demands 225,000 b/d of fuel Mexico City — Marathon Petroleum signed an offtake agreement for IEnova’s new Manzanillo marine terminal in Mexico’s Pacific coast, the companies said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

FedEx warns 2020 results to be hurt by trade war, shares fall 2%

3 hours ago DieselGasoil Comments Off on FedEx warns 2020 results to be hurt by trade war, shares fall 2%
FILE PHOTO: A Federal Express truck on delivery is pictured in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake (Reuters) – Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned its fiscal 2020 performance would be hurt by trade uncertainty and non-renewal of Amazon contract, sending its Read More

Tesla likely to miss record second-quarter delivery target: Electrek

4 hours ago DieselGasoil Comments Off on Tesla likely to miss record second-quarter delivery target: Electrek
FILE PHOTO: A Tesla Model 3 is seen in a showroom in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson (Reuters) – Shares of Tesla Inc fell 1.3% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America during the second quarter and may Read More

Latest US tariff threat would hurt US oil, gas output: API

4 hours ago DieselGasoil Comments Off on Latest US tariff threat would hurt US oil, gas output: API
Highlights US depends on China for key drilling fluid component API says US energy security at stake in trade dispute US Q1 crude flows to China shrink to 6,991 b/d Washington — The latest US tariffs threatened against Chinese imports would hamper US energy exports, hurt domestic energy security, and push China to import more Read More

Instant view: Powell – Fed is ‘insulated’ from short-term political pressure

5 hours ago DieselGasoil Comments Off on Instant view: Powell – Fed is ‘insulated’ from short-term political pressure
(Reuters) – Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers faced new calls by President Donald Trump to cut interest rates. FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee meeting in Washington, U.S., Read More

Why oil’s outlook could be even bleaker than expected

9 hours ago DieselGasoil Comments Off on Why oil’s outlook could be even bleaker than expected
By Bloomberg News on 6/25/2019 SINGAPORE and BEIJING (Bloomberg) — As storm clouds gather over the world’s top oil-consuming region, OPEC and its allies would be advised to pay close attention as they prepare to make a key decision on output curbs early next month. While the Saudi Arabian-led efforts to restrain supply amid surging Read More

Gold soars to six-year high as trade, Iran tensions mount

10 hours ago DieselGasoil Comments Off on Gold soars to six-year high as trade, Iran tensions mount
LONDON (Reuters) – Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar. FILE PHOTO: The German share price index DAX graph is pictured Read More