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Wall Street climbs on hopes of easing trade tensions

39 mins ago DieselGasoil Comments Off on Wall Street climbs on hopes of easing trade tensions
NEW YORK (Reuters) – U.S. stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, 2018. REUTERS/Brendan Read More

Analyis: Crude stocks soar amid record production, nearly flat refinery runs

1 hour ago DieselGasoil Comments Off on Analyis: Crude stocks soar amid record production, nearly flat refinery runs
Highlights Crude stocks add 10.27 million barrels Refinery runs edge up to 90.1% of capacity Refined product demand rockets to multi-decade high New York — US crude supply increased to a 48-week high last week on the back of record-high production and languishing Refinery runs, Energy Information Administration data showed Thursday. Not registered? Receive daily Read More

U.S. big investors' best investment ideas for 2019

3 hours ago DieselGasoil Comments Off on U.S. big investors' best investment ideas for 2019
NEW YORK (Reuters) – The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this week at the Reuters Global Investment 2019 Outlook Summit in New York. Penny Foley, Portfolio Manager for the TCW Read More

Energy CEOs despair in Canada as pipeline woes compound misery

5 hours ago DieselGasoil Comments Off on Energy CEOs despair in Canada as pipeline woes compound misery
By Michael Bellusci on 11/15/2018 TORONTO (Bloomberg) — The Canadian oil patch is losing patience with the country’s lack of support for the industry. The plunge in global crude prices is being exacerbated in Canada by a lack of pipeline capacity, sending the country’s oil prices to a near record discount to the U.S. and Read More

Wall Street under pressure from weak earnings, Brexit concerns

5 hours ago DieselGasoil Comments Off on Wall Street under pressure from weak earnings, Brexit concerns
(Reuters) – U.S. stocks struggled on Thursday as an attempt by technology companies to rebound from this week’s sharp losses was outweighed by a batch of weak results and Brexit-related concerns. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, 2018. REUTERS/Brendan McDermid Department store Read More

Wall Street hit by weak earnings, Brexit concerns

7 hours ago DieselGasoil Comments Off on Wall Street hit by weak earnings, Brexit concerns
(Reuters) – U.S. stocks fell on Thursday as a batch of weak earnings and Brexit-related concerns sparked a sixth day of selling, with high-growth stocks such as Amazon.com Inc (AMZN.O) and Facebook Inc (FB.O) taking a hit. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November Read More

Strong U.S. economy boosts Walmart's third-quarter sales

7 hours ago DieselGasoil Comments Off on Strong U.S. economy boosts Walmart's third-quarter sales
NEW YORK (Reuters) – Walmart Inc (WMT.N) reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online. FILE PHOTO: A shopper is seen in the aisle of a Walmart store in Woodstock, Georgia, Read More

Wall Street opens lower as mixed retail results, growth stocks weigh

8 hours ago DieselGasoil Comments Off on Wall Street opens lower as mixed retail results, growth stocks weigh
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, 2018. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened lower on Thursday, with hopes of a trade negotiation between the United States and China being offset by mixed results from retailers and a slide in growth stocks Read More

Total U.S. natural gas stocks end refill season at lowest level in 13 years

9 hours ago DieselGasoil Comments Off on Total U.S. natural gas stocks end refill season at lowest level in 13 years
November 15, 2018 Working natural gas in underground storage in the Lower 48 states as of October 31, 2018, totaled 3,208 billion cubic feet (Bcf), according to interpolated data from EIA’s Weekly Natural Gas Storage Report released on November 8. Inventory levels for the Lower 48 states and in each of the U.S. natural gas Read More

Sterling, euro stocks scuttled as Brexit deal slams the rocks

9 hours ago DieselGasoil Comments Off on Sterling, euro stocks scuttled as Brexit deal slams the rocks
LONDON (Reuters) – Sterling tumbled and the rest of Europe’s share markets groaned on Thursday after a long-awaited Brexit agreement was thrown into chaos as Britain’s chief negotiator for the deal quit just hours after it had been unveiled. A shop cash register is seen with both Sterling and Euro currency in the till at Read More