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Oil prices rise on stimulus hopes, trade optimism

1 hour ago DieselGasoil Comments Off on Oil prices rise on stimulus hopes, trade optimism
SINGAPORE (Reuters) – Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will take stimulus measures to ward off a potential economic slowdown that could hit oil demand. A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee Read More

Humbled Deutsche Bank faces battle in its own backyard

3 hours ago DieselGasoil Comments Off on Humbled Deutsche Bank faces battle in its own backyard
FRANKFURT (Reuters) – Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender’s recovery. FILE PHOTO: The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson/File Photo Read More

Oil prices hold steady on hopes trade tensions could ease

5 hours ago DieselGasoil Comments Off on Oil prices hold steady on hopes trade tensions could ease
SINGAPORE (Reuters) – Crude oil prices held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that major economies would enact stimulus measures to counter a possible global economic slowdown that could affect oil demand. A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, Read More

Oil prices slip, but supported by hopes trade tensions could ease

6 hours ago DieselGasoil Comments Off on Oil prices slip, but supported by hopes trade tensions could ease
SINGAPORE (Reuters) – Crude oil prices slipped on Tuesday, but losses were limited as equity markets rallied and as traders hoped Sino-U.S. trade tensions would ease. A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee The United States said it would extend a reprieve that permits China’s Read More

Wall Street rallies on hopes of global economic stimulus

12 hours ago DieselGasoil Comments Off on Wall Street rallies on hopes of global economic stimulus
NEW YORK (Reuters) – U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. The benchmark S&P 500 has recovered most of its losses following Wednesday’s brief inversion of the yield curve Read More

Oil climbs as Huawei sanctions delay offers sign of trade war truce

13 hours ago DieselGasoil Comments Off on Oil climbs as Huawei sanctions delay offers sign of trade war truce
By Alex Nussbaum and Grant Smith on 8/19/2019 NEW YORK (Bloomberg) – Oil climbed as the U.S. delayed sanctions against Huawei Technologies, offering a hint of progress in its trade war with China, and a drone attack in Saudi Arabia highlighted simmering Middle East tensions. Futures jumped 2.4% to top $56/bbl in New York on Read More

Wall Street rallies as investors cheer global stimulus efforts

13 hours ago DieselGasoil Comments Off on Wall Street rallies as investors cheer global stimulus efforts
NEW YORK (Reuters) – U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Wall St. rallies on stimulus cheer, trade optimism

15 hours ago DieselGasoil Comments Off on Wall St. rallies on stimulus cheer, trade optimism
(Reuters) – U.S. stocks surged on Monday, building on previous session’s rally, fueled by growing hopes that major economies would act to prop up slowing growth, while technology stocks got a lift from trade optimism. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 12, Read More

2019 World Oil Awards finalists announced

16 hours ago DieselGasoil Comments Off on 2019 World Oil Awards finalists announced
8/19/2019 World Oil and Gulf Energy Information are pleased to announce the finalists for the 2019 World Oil Awards. For 18 years, these prestigious awards have recognized and honored the upstream energy industry’s leading innovators and innovations and recognized step changes in technology that have made a lasting impact. Best Completions Technology Award FloFuse – Read More