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U.S. retail sales increase solidly in boost to economy

17 mins ago DieselGasoil Comments Off on U.S. retail sales increase solidly in boost to economy
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. FILE PHOTO: A sign is shown in the window of a retail store in San Francisco, California May 13, 2013. REUTERS/Robert Galbraith Read More

India to push Japan out of world’s top 3 economies by 2025

4 hours ago DieselGasoil Comments Off on India to push Japan out of world’s top 3 economies by 2025
India is projected to outpace the UK by the end of the year to become one of the world’s top five economies. It will then take it just six more years to overtake Japan as the world’s third largest economy, a new study suggests. India’s gross domestic product (GDP) is expected to reach $5.9 trillion Read More

U.S. property trust Vornado challenges Arcadia’s restructuring plan

5 hours ago DieselGasoil Comments Off on U.S. property trust Vornado challenges Arcadia’s restructuring plan
FILE PHOTO: CEO of Arcadia Group Ian Grabiner arrives at County Hall in central London, Britain June 5, 2019. REUTERS/Henry Nicholls/File Photo (Reuters) – Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado (VNO.N) challenging two of its seven planned Company Voluntary Agreements (CVAs). Read More

More than half of US Gulf of Mexico oil, gas output remains shut after Barry: BSEE

18 hours ago DieselGasoil Comments Off on More than half of US Gulf of Mexico oil, gas output remains shut after Barry: BSEE
Washington — About 1.3 million b/d, or 69%, of oil production and 1.7 Bcf/d, or 61%, of natural gas output in the Gulf of Mexico remains shut as drillers start returning to platforms evacuated ahead of Hurricane Barry, the US Bureau of Safety and Environmental Enforcement said Monday. Not registered? Receive daily email alerts, subscriber Read More

Oil dips as US Gulf production, refining operations return to normal

18 hours ago DieselGasoil Comments Off on Oil dips as US Gulf production, refining operations return to normal
New York — Oil futures settled lower Monday, shedding risk premiums as Hurricane Barry continued to weaken far inland and Gulf Coast oil operations began to normalize. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX August WTI closed at $59.58/b, down 63 cents, while ICE September Brent fell Read More

Amazon rivals ride on Prime Day marketing as protests unfold

19 hours ago DieselGasoil Comments Off on Amazon rivals ride on Prime Day marketing as protests unfold
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday’s Black Friday as a driver of sales. FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in Read More

China data supports stocks as U.S. earnings season begins

19 hours ago DieselGasoil Comments Off on China data supports stocks as U.S. earnings season begins
NEW YORK (Reuters) – A gauge of global stocks edged higher on Monday after economic data from China came in as expected, although stocks on Wall Street slipped as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the opening Read More

Waving flag, dodgy footprints & Stanley Kubrick: 50 years of moon landing conspiracy theories

22 hours ago DieselGasoil Comments Off on Waving flag, dodgy footprints & Stanley Kubrick: 50 years of moon landing conspiracy theories
Ever since the Apollo 11 mission touched down on the lunar surface on July 20, 1969 and Neil Armstrong uttered the phrase “one small step for man, one giant leap for mankind” conspiracy theories, and debunkings, have abounded. As we near the 50th anniversary of one of the most iconic moments in human space Read More

Chinese data supports stocks as U.S. earnings season picks up

22 hours ago DieselGasoil Comments Off on Chinese data supports stocks as U.S. earnings season picks up
NEW YORK (Reuters) – A gauge of global stocks advanced on Monday as economic data from China came in as expected, although stocks on Wall Street were little changed as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the Read More

EIA expects U.S. energy-related CO2 emissions to fall in 2019

1 day ago DieselGasoil Comments Off on EIA expects U.S. energy-related CO2 emissions to fall in 2019
July 15, 2019 After a 2.7% increase in U.S. energy-related carbon dioxide (CO2) emissions in 2018, EIA’s July Short-Term Energy Outlook (STEO) forecasts a 2.2% decrease in CO2 emissions for 2019. Nearly all of the forecast decrease is due to fewer emissions from coal consumption. Forecast natural gas CO2 emissions increase and petroleum CO2 emissions Read More