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US-Iran tensions raise threat of an even graver conflict

40 mins ago DieselGasoil Comments Off on US-Iran tensions raise threat of an even graver conflict
By Deborah Haynes, foreign affairs editor President Donald Trump calls it his policy of “maximum pressure” on Iran. He believes a mixture of increasingly tough sanctions coupled with diplomatic isolation will force the Islamic Republic back to the negotiating table. But we have been here before. Tehran has already been subjected to intense international sanctions Read More

Self-styled presidential ‘climate change candidate’ would wean U.S. off fossil fuels

3 hours ago DieselGasoil Comments Off on Self-styled presidential ‘climate change candidate’ would wean U.S. off fossil fuels
WASHINGTON (Reuters) – The Democrat running as the “climate change candidate” in the 2020 presidential election laid out a strategy in Florida’s Everglades on Monday for weaning the United States off fossil fuels that includes banning drilling on public lands and ending crude oil exports just as the country is poised to become the world’s Read More

Democratic ‘climate change candidate’ outlines plan to wean U.S. off fossil fuels

5 hours ago DieselGasoil Comments Off on Democratic ‘climate change candidate’ outlines plan to wean U.S. off fossil fuels
WASHINGTON (Reuters) – The Democrat running as the “climate change candidate” in the 2020 presidential election laid out a strategy on Monday for weaning the United States off fossil fuels that includes banning drilling on public lands and ending crude oil exports just as the country is poised to become the world’s biggest producer. Democratic Read More

Democratic candidate outlines plan to end to U.S. fossil fuels

8 hours ago DieselGasoil Comments Off on Democratic candidate outlines plan to end to U.S. fossil fuels
WASHINGTON (Reuters) – The Democrat running as the “climate change candidate” in the 2020 presidential election laid out a strategy on Monday for weaning the United States off fossil fuels that includes banning drilling on public lands and ending crude oil exports just as the country is poised to become the world’s biggest producer. Democratic Read More

Fed officials face weak inflation, but split over what it means

3 days ago DieselGasoil Comments Off on Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was “close” to its inflation target and three others warning the weak price increases posed major risks the Fed may need to attack with lower interest rates. FILE Read More

Explainer: Initial exchange offerings flourish in crypto market

3 days ago DieselGasoil Comments Off on Explainer: Initial exchange offerings flourish in crypto market
NEW YORK (Reuters) – Initial exchange offerings (IEOs) are currently the most popular fundraising trend in the cryptocurrency industry, which has seen poster child bitcoin surge more than 150% in 2019. As the name suggests, initial exchange offerings are conducted over crypto trading platforms and exchanges. FILE PHOTO: Bitcoin (virtual currency) coins are seen in Read More

New tokens thrive in crypto market but sales raise questions

3 days ago DieselGasoil Comments Off on New tokens thrive in crypto market but sales raise questions
NEW YORK (Reuters) – Initial exchange offerings (IEOs) have been the latest darlings in raising funds for cryptocurrency projects, but intensifying regulatory scrutiny and investors’ concern about the viability of the companies raising capital are flashing red flags. FILE PHOTO: Bitcoin.com buttons are seen displayed on the floor of the Consensus 2018 blockchain technology conference Read More

Shipping rates for Middle East oil are surging

3 days ago DieselGasoil Comments Off on Shipping rates for Middle East oil are surging
By Alaric Nightingale and Firat Kayakiran on 6/21/2019 LONDON (Bloomberg) –Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments. Rates for transporting 2 MM-bbl cargoes from Saudi Arabia to China jumped to almost Read More

Oil slips, but still propelled to gain for week as Mideast tensions grow

4 days ago DieselGasoil Comments Off on Oil slips, but still propelled to gain for week as Mideast tensions grow
SINGAPORE/TOKYO (Reuters) – Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth. FILE PHOTO: Pumpjacks are seen against the setting Read More

Oil prices dip, still set for weekly gains amid Mideast tensions, rate cut hopes

4 days ago DieselGasoil Comments Off on Oil prices dip, still set for weekly gains amid Mideast tensions, rate cut hopes
SINGAPORE/TOKYO (Reuters) – Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global growth. FILE PHOTO: Pumpjacks are seen against the setting Read More