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US unseals warrant to seize Iranian ‘Grace 1’ tanker released in Gibraltar

3 hours ago DieselGasoil Comments Off on US unseals warrant to seize Iranian ‘Grace 1’ tanker released in Gibraltar
The US has ordered the seizure of newly freed Iranian oil tanker ‘Grace 1,’ charging the ship with illegally using the US financial system to sell oil to Syria to support the IRGC after Gibraltar released the vessel. The Justice Department has unsealed a warrant ordering the seizure and forfeiture of the Iranian tanker, all Read More

US unseals warrant to seize Iranian Grace 1 tanker released in Gibraltar

10 hours ago DieselGasoil Comments Off on US unseals warrant to seize Iranian Grace 1 tanker released in Gibraltar
The US has ordered the seizure of newly-freed Iranian oil tanker Grace 1, charging the ship with illegally using the US financial system to sell oil to Syria to support the IRGC after Gibraltar released the vessel. The Justice Department has unsealed a warrant ordering the seizure and forfeiture of the Iranian tanker, all of Read More

The Hajj is done – but challenges lie ahead for its future

12 hours ago DieselGasoil Comments Off on The Hajj is done – but challenges lie ahead for its future
By Anwar Tambe, at The Hajj in Saudi Arabia The Hajj is done. The millions of people of all races and colours, rich and poor, young and old are beginning to head home – their obligation as Muslims to do one pilgrimage at least once in their lifetime fulfilled. Their last rites, the symbolic stoning Read More

Oil rises alongside equities, but downbeat OPEC outlook caps gains

13 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

Yields rise on German fiscal stimulus hopes

13 hours ago DieselGasoil Comments Off on Yields rise on German fiscal stimulus hopes
NEW YORK (Reuters) – Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt. FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder Government Read More

Girl won’t be allowed to sing with prestigious German boys’ choir as legal bid fails

16 hours ago DieselGasoil Comments Off on Girl won’t be allowed to sing with prestigious German boys’ choir as legal bid fails
A girl who tried to become the first female member of a 554-year old Berlin boys’ choir has lost her gender discrimination case after a court ruled that the choir had not been sexist when it rejected her application. The State and Cathedral Choir of Berlin has never admitted any women since it was founded Read More

Frac companies get fresh hope UK government will loosen rules

16 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

OPEC reports big drop in crude production, amid ‘somewhat bearish’ market outlook

16 hours ago DieselGasoil Comments Off on OPEC reports big drop in crude production, amid ‘somewhat bearish’ market outlook
London — Led by its kingpin Saudi Arabia, which said it pumped at its lowest level in more than five years, OPEC on Friday reported it slashed its crude production in July, as it continues to battle slumping oil prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now OPEC Read More

Oil rises alongside equities, but weak OPEC outlook caps gains

16 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

Wall Street climbs at end of turbulent week

18 hours ago DieselGasoil Comments Off on Wall Street climbs at end of turbulent week
(Reuters) – Hopes of more official stimulus for the economy and the easing of a bond market rally drove a broad rise in U.S. stocks on Friday, as a bruising week for markets drew to a close. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More