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Venezuela closes border with Brazil, may do the same at Colombia border – Maduro

2 hours ago DieselGasoil Comments Off on Venezuela closes border with Brazil, may do the same at Colombia border – Maduro
Starting Thursday evening, Venezuela is closing its border with Brazil, President Nicolas Maduro has announced. He added the same measure may apply to the border with Colombia, though he does not want to order it. The Venezuelan military was ordered to enforce the travel ban in airspace and on the sea until further notice, Maduro Read More

Oil off 2019 highs as U.S. crude stocks build, output hits record

2 hours ago DieselGasoil Comments Off on Oil off 2019 highs as U.S. crude stocks build, output hits record
NEW YORK (Reuters) – Oil prices fell below 2019 highs on Thursday after U.S. government data showed a fifth weekly build in crude inventories and record production, while concerns about slowing global economic growth weighed. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Read More

Oil eases from 2019 highs ahead of U.S. inventory data

4 hours ago DieselGasoil Comments Off on Oil eases from 2019 highs ahead of U.S. inventory data
NEW YORK (Reuters) – Oil prices eased off 2019 highs on Thursday ahead of U.S. government data that was expected to show a fifth weekly build in crude inventories, while concerns about slowing global economic growth weighed. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. Read More

Oil hovers near 2019 highs amid OPEC cuts

6 hours ago DieselGasoil Comments Off on Oil hovers near 2019 highs amid OPEC cuts
LONDON (Reuters) – Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo U.S. Read More

Gold hits 10-month high amid hopes for successful outcome of US-China talks

9 hours ago DieselGasoil Comments Off on Gold hits 10-month high amid hopes for successful outcome of US-China talks
Prices for gold reached their highest level since April 2018 lifted by investor optimism over trade talks between Beijing and Washington and expectations of a possible rate hike later in the year. Gold for April delivery on Comex rose 0.2 percent to $1,347.1 per ounce after touching a high of $1,349.80. The contract increased by Read More

Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles

12 hours ago DieselGasoil Comments Off on Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles
TOKYO (Reuters) – Asian shares pulled ahead to fresh 4-1/2-month highs and U.S. equity futures rose on a Reuters report that the United States and China have started to tackle the stickiest issues in their trade war. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11, 2018. REUTERS/Issei Read More

Asia shares up on Fed outlook, Aussie dollar seesaws after jobs data

16 hours ago DieselGasoil Comments Off on Asia shares up on Fed outlook, Aussie dollar seesaws after jobs data
TOKYO (Reuters) – Asian shares pulled ahead to fresh 4-1/2-month highs on Thursday after the U.S. Federal Reserve affirmed it would be “patient” on further interest rate rises and as Sino-U.S. trade talks hinted of progress towards a deal in their tariff war. Visitors look at a stock quotation board at Tokyo Stock Exchange in Read More

Asia shares steady after Fed minutes, Aussie rallies

18 hours ago DieselGasoil Comments Off on Asia shares steady after Fed minutes, Aussie rallies
TOKYO (Reuters) – Asian shares held near 4-1/2-month highs on Thursday after U.S. Federal Reserve minutes affirmed it would be “patient” on interest rate rises and risk assets got a lift from hopes of further progress in U.S.-China trade talks. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October Read More

Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela

19 hours ago DieselGasoil Comments Off on Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela
SINGAPORE (Reuters) – Oil prices hovered just below 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo U.S. West Texas Intermediate (WTI) crude oil futures were at Read More

First Venezuela, now Nicaragua? Bolton says Ortega’s days ‘numbered’ & people ‘will soon be free’

22 hours ago DieselGasoil Comments Off on First Venezuela, now Nicaragua? Bolton says Ortega’s days ‘numbered’ & people ‘will soon be free’
US President Donald Trump’s top foreign policy advisor John Bolton appears dead set on resuming his decades-long stand-off with Nicaragua President Daniel Ortega, hinting that Washington-backed regime change may be in the offing. “The Ortega regime has sentenced three farm leaders to 550 years in prison for their roles in protests in 2018, where Ortega’s Read More