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India’s population to surpass China’s in 6 years, nearly 10 billion to tread Earth by 2050 – UN

55 mins ago DieselGasoil Comments Off on India’s population to surpass China’s in 6 years, nearly 10 billion to tread Earth by 2050 – UN
The global population will add some 2 billion in the next three decades, closing in on a 10 billion milestone by 2050, the UN said. India, projected to overtake China, will lead the charge. A newly released report by the Population Division of the UN Department of Economic and Social Affairs (DESA) and headlined “The Read More

Deutsche Bank to shrink or shut U.S. equity and trading businesses: FT

1 day ago DieselGasoil Comments Off on Deutsche Bank to shrink or shut U.S. equity and trading businesses: FT
FILE PHOTO: Employees of Germany’s largest business bank, Deutsche Bank, gather ahead of the bank’s annual shareholder meeting in Frankfurt, Germany, May 23, 2019. REUTERS/Kai Pfaffenbach/File Photo (Reuters) – Deutsche Bank is planning to overhaul its trading operations, including the creation of a “bad bank” to hold tens of billions of euros of assets and Read More

Trade deal could propel U.S. to top of China’s LNG supplier list

6 days ago DieselGasoil Comments Off on Trade deal could propel U.S. to top of China’s LNG supplier list
By Stephen Stapczynski on 6/12/2019 SINGAPORE (Bloomberg) — Here’s another reason for Presidents Donald Trump and Xi Jinping to seal a swift trade deal: it could put the U.S. on track to become China’s biggest supplier of liquefied natural gas, according to Morgan Stanley. A pact this year between the world’s two largest economies — Read More

India shifting to raise butane in LPG import mix due to costlier propane

6 days ago DieselGasoil Comments Off on India shifting to raise butane in LPG import mix due to costlier propane
Singapore — India is expected to boost the ratio of butane in its LPG import mix to leverage the product’s lower prices against propane and as more mid-sized gas carriers instead of very large gas carriers are used to avoid congestion at its ports, trade sources said Wednesday. Not registered? Receive daily email alerts, subscriber Read More

Keystone XL pipeline no closer to construction despite Montana court win

1 week ago DieselGasoil Comments Off on Keystone XL pipeline no closer to construction despite Montana court win
Washington — Court lifts injunction that banned work since November Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now TC Energy has yet to make final investment decision Pipeline expected to shrink WCS discount to WTI Construction of the proposed 830,000 b/d Keystone XL heavy oil pipeline is not expected Read More

Trump calls off tariffs on Mexican imports

1 week ago DieselGasoil Comments Off on Trump calls off tariffs on Mexican imports
US President Donald Trump late Friday dropped his plan to impose a 5% tariff on all Mexican imports, including on a top crude feedstock for US Gulf Coast refiners, after he said the US and Mexico had reached an agreement to curb migration from Central America into the US. Not registered? Receive daily email alerts, Read More

World food prices rise in May, cereal output forecast falls: U.N. FAO

2 weeks ago DieselGasoil Comments Off on World food prices rise in May, cereal output forecast falls: U.N. FAO
ROME (Reuters) – World food prices rose for a fifth consecutive month in May after bad weather pushed up the prices of cheese and maize, the United Nations food agency said on Thursday. A farmer displays wheat grains at a field in the El-Menoufia governorate, north of Cairo, Egypt May 1, 2019. REUTERS/Mohamed Abd El Read More

US refiners hang on White House talks over Trump’s Mexico tariff threat

2 weeks ago DieselGasoil Comments Off on US refiners hang on White House talks over Trump’s Mexico tariff threat
Washington — US refiners were watching Wednesday for any sign from White House talks on President Donald Trump’s threatened 5% tariff on all Mexican products, but some expect the decision to come down to the wire Sunday night. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A 5% tariff Read More

Samsung Electronics to cut China phone output as market share sinks

2 weeks ago DieselGasoil Comments Off on Samsung Electronics to cut China phone output as market share sinks
The logo of Samsung Electronics is pictured at the company’s factory in Tijuana, Mexico, June 1, 2019. REUTERS/Jorge Duenes SEOUL/SHANGHAI (Reuters) – South Korea’s Samsung Electronics Co Ltd said on Wednesday it plans to cut production at a smartphone plant in China, as competition from domestic rivals squeezes its share of the world’s biggest smartphone Read More

Samsung Electronics says to cut production volume at China mobile phone plant

2 weeks ago DieselGasoil Comments Off on Samsung Electronics says to cut production volume at China mobile phone plant
The logo of Samsung Electronics is pictured at the company’s factory in Tijuana, Mexico, June 1, 2019. REUTERS/Jorge Duenes SEOUL (Reuters) – Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of Huizhou due to the impact of intensifying Read More