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Trade uncertainty darkens U.S. small caps outlook

4 hours ago DieselGasoil Comments Off on Trade uncertainty darkens U.S. small caps outlook
NEW YORK (Reuters) – Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prospects for economic growth improve. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) Read More

Wall St. falls as trade anxieties spike

2 days ago DieselGasoil Comments Off on Wall St. falls as trade anxieties spike
NEW YORK (Reuters) – Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years. While all three major U.S. indexes struggled for direction for much of the session, they turned Read More

U.S. stocks drop late in session on trade uncertainty

3 days ago DieselGasoil Comments Off on U.S. stocks drop late in session on trade uncertainty
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Wall Street shares extended losses in late trade on Friday after CNBC reported that the next round of U.S.-China negotiations was in flux, looking set to end a seesaw Read More

Wall Street mixed as strong consumer data dampened by trade jitters

3 days ago DieselGasoil Comments Off on Wall Street mixed as strong consumer data dampened by trade jitters
NEW YORK (Reuters) – Wall Street struggled for gains in an up-and-down session on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

Trade tensions keep Wall St. under pressure

3 days ago DieselGasoil Comments Off on Trade tensions keep Wall St. under pressure
(Reuters) – U.S. stocks struggled for direction after three days of gains on Friday, as investors weighed mixed headlines on trade, with China’s aggressive stance in its trade war with the United States remaining an overhang. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May Read More

Tankers sought to store abundant LNG as traders wait for better prices

3 days ago DieselGasoil Comments Off on Tankers sought to store abundant LNG as traders wait for better prices
By Anna Shiryaevskaya on 5/17/2019 Hudong-Zhonghua Shipyard’s 270,000 cbm LNG carrier design. Photo: DNV GL. LONDON (Bloomberg) — A long-established practice in oil trading, the complexity and cost of keeping natural gas in liquid form on ships for extended periods meant it wasn’t widely used until last fall, in anticipation of a surge in Chinese Read More

Crude oil aims for biggest weekly advance since early April, as Persian Gulf tensions grow

3 days ago DieselGasoil Comments Off on Crude oil aims for biggest weekly advance since early April, as Persian Gulf tensions grow
By Jessica Summers on 5/17/2019 Photo: Gulfport Energy. NEW YORK (Bloomberg) — The global benchmark has risen more than 2% so far this week, while New York futures edged higher by 2.2%. Tensions in the Middle East are increasing as Saudi Arabia accused Iran of being behind the attack on its pumping stations. That follows Read More

Wall St. falls after China’s tough talk on trade

3 days ago DieselGasoil Comments Off on Wall St. falls after China’s tough talk on trade
(Reuters) – U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed after Chinese media took a hardline approach to the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

Wall St. set to open lower after China’s tough talk on trade

3 days ago DieselGasoil Comments Off on Wall St. set to open lower after China’s tough talk on trade
(Reuters) – Wall Street was set to break a three-day winning streak on Friday, as trade worries returned after Chinese media took a hard stance on the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

LNG players weigh ship-storage gambit that backfired last winter

3 days ago DieselGasoil Comments Off on LNG players weigh ship-storage gambit that backfired last winter
By Anna Shiryaevskaya on 5/17/2019 LONDON (Bloomberg) — With so much cheap liquefied natural gas around, traders are again looking at tankers to store the fuel in the hope of better prices. A long-established practice in oil trading, the complexity and cost of keeping natural gas in liquid form on ships for extended periods meant Read More