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Between F-16 sale to Taiwan, Hong Kong and tariffs, China has no reason to trust US

13 hours ago DieselGasoil Comments Off on Between F-16 sale to Taiwan, Hong Kong and tariffs, China has no reason to trust US
Word that US President Donald Trump is pushing for a sale of F-16 fighters to Taiwan worth $8 billion is unlikely to help a ‘deal’ with China, as Beijing’s already blaming Washington for the Hong Kong protests and the tariff war. The proposed sale of 66 modernized jet fighters is still a rumor, as no Read More

Oil rises alongside equities, but downbeat OPEC outlook caps gains

14 hours ago DieselGasoil Comments Off on Oil rises alongside equities, but downbeat OPEC outlook caps gains
NEW YORK (Reuters) – Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. FILE PHOTO: A wastewater injection well owned by Parsley Energy operates in the Permian Basin near Midland, Texas U.S. August 23, 2018. REUTERS/Nick Oxford But oil’s gains Read More

Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain

16 hours ago DieselGasoil Comments Off on Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and Federal Reserve speakers next week are likely to help shape the outlook. FILE PHOTO: Traders work on the floor at the New York Stock Exchange Read More

U.S. drillers add oil rigs for first week since June: Baker Hughes

16 hours ago DieselGasoil Comments Off on U.S. drillers add oil rigs for first week since June: Baker Hughes
(Reuters) – U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spending on new drilling this year. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford Companies added six oil rigs Read More

Frac companies get fresh hope UK government will loosen rules

17 hours ago DieselGasoil Comments Off on Frac companies get fresh hope UK government will loosen rules
By Timothy Abington and Jeremy Hodges on 8/16/2019 LONDON (Bloomberg) – A change of British government has given the much-maligned fracing industry another opportunity to make out its case for stimulating the controversial technique to tap unconventional natural gas reserves. Prime Minister Boris Johnson and his new business minister, Andrea Leadsom, have come out in Read More

Oil rises alongside equities, but weak OPEC outlook caps gains

17 hours ago DieselGasoil Comments Off on Oil rises alongside equities, but weak OPEC outlook caps gains
NEW YORK (Reuters) – Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. FILE PHOTO: A wastewater injection well owned by Parsley Energy operates in the Permian Basin near Midland, Texas U.S. August 23, 2018. REUTERS/Nick Oxford But oil’s gains Read More

Oil heads for weekly gain as trade war headlines whipsaw market

22 hours ago DieselGasoil Comments Off on Oil heads for weekly gain as trade war headlines whipsaw market
By Sharon Cho and Grant Smith on 8/16/2019 SINGAPORE (Bloomberg) – Oil headed for a weekly increase as hopes that the U.S. and China could resume negotiations to resolve their trade dispute capped a week of volatile trading. Futures added as much as 1.7% on Friday in New York, bringing their gain for the week Read More

Oil rises 2% as recession fears recede

23 hours ago DieselGasoil Comments Off on Oil rises 2% as recession fears recede
MOSCOW (Reuters) – Crude oil prices rose more than 2% on Friday, recovering from two days of declines after data showing a rise in U.S. retail sales helped to ease concerns about a recession in the world’s biggest economy. FILE PHOTO: A wastewater injection well owned by Parsley Energy operates in the Permian Basin near Read More

Hong Kong in US’ crosshairs? No matter where there’s revolution, we’re there, Ron Paul says

1 day ago DieselGasoil Comments Off on Hong Kong in US’ crosshairs? No matter where there’s revolution, we’re there, Ron Paul says
The United States has a habit of involving itself in political unrest all over the world, Ron Paul said, noting that Washington lacks the moral authority to lecture China about the unrest in Hong Kong. The former Texas congressman and presidential candidate said that he wasn’t surprised by reports of US involvement in demonstrations that Read More

Feature: IMO 2020 preparations and their impacts on US exports

1 day ago DieselGasoil Comments Off on Feature: IMO 2020 preparations and their impacts on US exports
Houston — Ahead of IMO 2020, shipowners are increasingly taking ships off the water for scrubber installations, reducing tonnage availability in the Americas and supporting expectations that freight will firm in the coming months, impacting US export competitiveness. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now On January 1, Read More