newszine

S&P 500 hits 14-month low on economic jitters ahead of Fed meeting

22 hours ago DieselGasoil Comments Off on S&P 500 hits 14-month low on economic jitters ahead of Fed meeting
NEW YORK (Reuters) – Wall Street’s major indexes all slid more than 2 percent on Monday, with the benchmark S&P 500 closing at its lowest level in 14 months, on concerns of slowing economic growth ahead of a highly-anticipated decision from the Federal Reserve this week on the course of interest-rate hikes. Traders work on Read More

Oil gains near $52 as U.S. drillers cut rigs

1 day ago DieselGasoil Comments Off on Oil gains near $52 as U.S. drillers cut rigs
By Rakteem Katakey on 12/17/2018 LONDON (Bloomberg) — Oil rose to near $52/bbl as the dollar fell and U.S. drillers cut rigs to the lowest in eight weeks.  Futures in New York gained as much as 1.3%. The number of oil rigs in America fell to by four to 873 last week and the U.S Read More

Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow

1 day ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (NYSE MKT:GTE) (TSX:GTE) (LSE:GTE), is pleased to announce an operational update and its 2019 capital budget and production guidance. All dollar amounts are in United States dollars and all production volumes are on a working interest Read More

ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE AGREEMENT FOR SERIES OF ASSET EXCHANGES

1 day ago DieselGasoil Comments Off on ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE AGREEMENT FOR SERIES OF ASSET EXCHANGES
Laval, Québec, Canada and Allentown, PA, United States, December 17, 2018, Dec. 17, 2018 (GLOBE NEWSWIRE) —                         ALIMENTATION COUCHE-TARD AND CROSSAMERICA ANNOUNCE AGREEMENT FOR SERIES OF ASSET EXCHANGES Alimentation Couche-Tard has agreed to sell to CrossAmerica 192 U.S. company-operated convenience and fuel retail stores (the “Circle K stores”) CrossAmerica has agreed to sell to Read More

2018: The year volatility came home to roost

3 days ago DieselGasoil Comments Off on 2018: The year volatility came home to roost
NEW YORK (Reuters) – U.S. stocks are down only slightly for 2018, but that masks a volatile year for investors. Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 16, 2018. REUTERS/Lucas Jackson Trade-related tensions between the United States and China, weakness in Read More

What would the end of OPEC mean?

3 days ago DieselGasoil Comments Off on What would the end of OPEC mean?
The Organization of the Petroleum Exporting Countries – the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years – is now in deep crisis. The latest OPEC meeting in Vienna offered new insights into the cartel’s raging civil war that is tearing it apart and threatens Read More

China to halt added tariffs on U.S.-made cars in easing of trade tensions

4 days ago DieselGasoil Comments Off on China to halt added tariffs on U.S.-made cars in easing of trade tensions
BEIJING/WASHINGTON (Reuters) – China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1, 2019, the finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies. The Ministry of Finance, in a statement on its website, also said it hopes China Read More

Wall St. tumbles on global growth worries, J&J decline

4 days ago DieselGasoil Comments Off on Wall St. tumbles on global growth worries, J&J decline
(Reuters) – Wall Street’s three major indexes tumbled on Friday and the Dow confirmed a correction as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson shares were the biggest drag after Reuters reported the company knew for decades that its Baby Powder contained asbestos. The S&P Read More

Global growth worries, J&J's tumble drag Wall St. lower

4 days ago DieselGasoil Comments Off on Global growth worries, J&J's tumble drag Wall St. lower
(Reuters) – U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder. Investors worried about global growth after China reported weak monthly retail sales growth and Read More

China to halt additional tariffs on U.S.-made cars as trade dispute de-escalates

4 days ago DieselGasoil Comments Off on China to halt additional tariffs on U.S.-made cars as trade dispute de-escalates
BEIJING (Reuters) – China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies. FILE PHOTO – Cars are seen in a parking lot in Palm Springs, California, Read More