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Saudis see no need for immediate action on oil market
21 hours ago DieselGasoil Comments Off on Saudis see no need for immediate action on oil market
By Anthony DiPaola, Matthew Martin and Yousef Gamal El-Din on 4/24/2019 DUBAI (Bloomberg) — Saudi Arabia’s energy minister said the world’s biggest oil exporter sees no need to take immediate action in the crude market, signaling a cautious response to the U.S. decision to tighten sanctions on Iran. The kingdom won’t significantly raise output in Read More
Cenovus delivers $1 billion of adjusted funds flow in Q1
1 day ago DieselGasoil Comments Off on Cenovus delivers $1 billion of adjusted funds flow in Q1
CALGARY, Alberta, April 24, 2019 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered strong operating and financial performance in the first quarter of 2019, generating more than $1 billion of adjusted funds flow, $731 million of free funds flow and cash from operating activities of $436 million. The company’s excellent financial results Read MoreTop U.S. officials to hold trade talks in China next week
1 day ago DieselGasoil Comments Off on Top U.S. officials to hold trade talks in China next week
WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning on April 30, the White House said in a statement on Tuesday. FILE PHOTO: Chinese staffers adjust U.S. and Chinese flags before the opening session of trade negotiations between U.S. and Chinese trade representatives Read MoreEBay raises forecast as redesign draws customers, boosts ad revenue
1 day ago DieselGasoil Comments Off on EBay raises forecast as redesign draws customers, boosts ad revenue
(Reuters) – EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue. FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach The company, facing intense competition from Read MoreLawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers
2 days ago DieselGasoil Comments Off on Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers
(Reuters) – Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. FILE PHOTO: A Cargill logo is pictured on the Provimi Kliba and Protector animal Read MoreEBRD to spend more on Polish green-energy projects this year
2 days ago DieselGasoil Comments Off on EBRD to spend more on Polish green-energy projects this year
WARSAW (Reuters) – The European Bank for Reconstruction and Development plans to increase its funding for Poland’s renewable energy this year, after the government shifted toward green energy, a top EBRD official said. FILE PHOTO: The headquarter of the European Bank for Reconstruction and Development (EBRD) is seen in London, Britain, November 22, Britain 2016. Read More