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S&P 500 hovers below record highs on mixed earnings

18 hours ago DieselGasoil Comments Off on S&P 500 hovers below record highs on mixed earnings
(Reuters) – U.S. stocks hovered below their all-time highs on Wednesday, as investors digested a mixed batch of earnings reports and losses in energy stocks limited gains on the indexes. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid The S&P 500 is Read More

Wall Street set for flat open after Boeing, Caterpillar earnings

22 hours ago DieselGasoil Comments Off on Wall Street set for flat open after Boeing, Caterpillar earnings
(Reuters) – Wall Street was set to open flat on Wednesday after a record-setting rally in the previous session, as investors assessed quarterly reports from industrial bellwethers Boeing and Caterpillar. FILE PHOTO: A trader speaks to a floor official on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, Read More

Wall Street near flat in quiet session ahead of earnings wave

3 days ago DieselGasoil Comments Off on Wall Street near flat in quiet session ahead of earnings wave
NEW YORK (Reuters) – U.S. stocks ended a low-volume trading session little changed on Monday, with the biggest gains in the energy sector as investors otherwise stayed on the sidelines ahead of quarterly earnings. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 9, 2019. Read More

Midland sees 26% population growth over last decade

6 days ago DieselGasoil Comments Off on Midland sees 26% population growth over last decade
By Shelly Hagan on 4/19/2019 Midland, Texas. Photo: VisitMidland.com NEW YORK (Bloomberg) — Texas oil centers Midland and Odessa were among the fastest growing U.S. metros in 2018, according to newly released Census data for the 12-month period ending July 1, 2018. Both cities benefited from more people moving in than out. Midland had the Read More

Midland sees 26% popluation growth over last decade

6 days ago DieselGasoil Comments Off on Midland sees 26% popluation growth over last decade
By Shelly Hagan on 4/19/2019 Midland, Texas. Photo: VisitMidland.com NEW YORK (Bloomberg) — Texas oil centers Midland and Odessa were among the fastest growing U.S. metros in 2018, according to newly released Census data for the 12-month period ending July 1, 2018. Both cities benefited from more people moving in than out. Midland had the Read More

Wall Street drops after tepid big bank results

1 week ago DieselGasoil Comments Off on Wall Street drops after tepid big bank results
(Reuters) – Wall Street’s main indexes fell on Monday, following a rally in the previous session that put the S&P 500 within striking distance of its record high, as underwhelming results from Goldman Sachs and Citigroup pressured financial stocks. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Military & civil cooperation between Moscow & NATO nonexistent – Russian deputy FM

1 week ago DieselGasoil Comments Off on Military & civil cooperation between Moscow & NATO nonexistent – Russian deputy FM
NATO has reverted to Cold War behavior and virtually no cooperation between the bloc and Moscow exists, the Russian deputy FM says. There are no signs the situation will improve, since the alliance is craving a new arms race. Relations between NATO and Russia – or lack thereof – was the main topic of a Read More

The U.S. exported 2 million barrels per day of crude oil in 2018 to 42 destinations

1 week ago DieselGasoil Comments Off on The U.S. exported 2 million barrels per day of crude oil in 2018 to 42 destinations
April 15, 2019 In 2018, U.S. exports of crude oil rose to 2.0 million barrels per day (b/d), nearly double the 1.2 million b/d rate in 2017. Export volumes by destination changed significantly during the year, as U.S. crude oil exports to China fell and exports to other destinations such as South Korea, Taiwan, and Read More

U.S. natural gas-fired combined-cycle capacity surpasses coal-fired capacity

2 weeks ago DieselGasoil Comments Off on U.S. natural gas-fired combined-cycle capacity surpasses coal-fired capacity
April 10, 2019 The amount of generating capacity from natural gas-fired combined-cycle (NGCC) plants has grown steadily over time, and in 2018, surpassed coal-fired plants as the technology with the most electricity generating capacity in the United States. As of January 2019, U.S. generating capacity at NGCC power plants totaled 264 gigawatts (GW), compared with Read More

Midwest floods hammer U.S. ethanol industry, push some gasoline prices toward five-year high

2 weeks ago DieselGasoil Comments Off on Midwest floods hammer U.S. ethanol industry, push some gasoline prices toward five-year high
NEW YORK (Reuters) – The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts suffer from shortages of the biofuel. FILE PHOTO: A motel, restaurant and travel stop are shown surrounded by flood waters in this aerial photo in Read More