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What would the end of OPEC mean?

10 hours ago DieselGasoil Comments Off on What would the end of OPEC mean?
The Organization of the Petroleum Exporting Countries – the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years – is now in deep crisis. The latest OPEC meeting in Vienna offered new insights into the cartel’s raging civil war that is tearing it apart and threatens Read More

Small-cap S&P 600 index confirms bear market

1 day ago DieselGasoil Comments Off on Small-cap S&P 600 index confirms bear market
NEW YORK (Reuters) – As U.S. stocks have been rocked by trade tensions and monetary policy worries, shares of small-cap companies, by one measure, have now confirmed that they are in their first bear market in three years. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December Read More

Block Energy Plc has recovered 200 bbl of oil during flowback at West Rustavi license, Georgia

1 day ago DieselGasoil Comments Off on Block Energy Plc has recovered 200 bbl of oil during flowback at West Rustavi license, Georgia
12/14/2018 LONDON — Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that more than 200 bbl of oil were recovered from the legacy vertical well 16a at its West Rustavi permit during a 10-hr flow period. An additional 300 bbl of light oil flowed to Read More

US aims to suppress OPCW probe with claim of ‘staged’ Aleppo chlorine attack– Russian MoD

1 week ago DieselGasoil Comments Off on US aims to suppress OPCW probe with claim of ‘staged’ Aleppo chlorine attack– Russian MoD
The Russian military says it has “irrefutable evidence” incriminating the rebels in the November gas attack on government-controlled Aleppo. Earlier, the US alleged it was a false-flag operation staged by Syria and Russia. The Russian Ministry of Defense (MoD) has decried the allegations by the US State Department which said on Friday that Moscow and Read More

Teen who saved his mother from being raped dies

1 week ago DieselGasoil Comments Off on Teen who saved his mother from being raped dies
A boy who saved his mother from a man trying to rape her has died – 19 months after the attacker broke his skull. Vanya Krapivin was making a good recovery after losing most of his frontal skull bone in May 2017’s attack, but contracted the flu two months ago and died on Tuesday. The Read More

OPEC tentatively agrees to oil cut, waits for Russia to commit

1 week ago DieselGasoil Comments Off on OPEC tentatively agrees to oil cut, waits for Russia to commit
VIENNA (Reuters) – OPEC tentatively agreed to an oil output cut on Thursday but was waiting for a commitment from non-OPEC heavyweight Russia before deciding the exact volumes for a production reduction aimed at propping up crude prices, two sources from the group said. Russian Energy Minister Alexander Novak flew home from Vienna earlier for Read More

GRAPHIC VIDEO: Cops kill escaping thief after he takes a granny hostage

1 week ago DieselGasoil Comments Off on GRAPHIC VIDEO: Cops kill escaping thief after he takes a granny hostage
Bystanders cheered for a Brazilian police officer as he shot a jewelry thief who was holding an old woman hostage. The woman escaped unscathed. After cops arrived on the scene in Valenca, Brazil, having been alerted to the robbery of a nearby jewelry store, the thief grabbed the woman and held a gun to her Read More

World stocks sideswiped by Wall Street, U.S. yield curve double whammy

2 weeks ago DieselGasoil Comments Off on World stocks sideswiped by Wall Street, U.S. yield curve double whammy
LONDON (Reuters) – Global stocks tumbled to one-week lows on Wednesday, as declines by long-dated U.S. bond yields and a renewal of trade concerns stoked fears of a downturn in the United States, the world’s largest economy. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 28, Read More

Husband arrested in cold case made famous by podcast

2 weeks ago DieselGasoil Comments Off on Husband arrested in cold case made famous by podcast
A former rugby player – the subject of a popular podcast about the disappearance of his wife – has been arrested. Australian authorities are expected to charge Chris Dawson, 70, with the murder of his former wife Lynette, who disappeared almost 40 years ago. Police say she went missing in Sydney’s northern beaches in 1982 Read More