newszine

With aims of resuming oil trade, Japan’s Abe urges Iran to avoid escalating tensions with US

5 days ago DieselGasoil Comments Off on With aims of resuming oil trade, Japan’s Abe urges Iran to avoid escalating tensions with US
Japan, which relies heavily on Middle East crude supplies, called on Iran to “play its constructive role” in defusing tensions with the US and avoiding a regional war, with Prime Minister Shinzo Abe saying Wednesday that geopolitical stability was vital to the world economy. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

Saudi-led coalition confirms Houthi missile attack on Abha airport, says 20+ people injured

6 days ago DieselGasoil Comments Off on Saudi-led coalition confirms Houthi missile attack on Abha airport, says 20+ people injured
The Saudi-led coalition currently embroiled in Yemen’s civil war has confirmed that a missile launched by Houthi rebels, in the early hours of Wednesday, struck Saudi Arabia’s Abha International Airport, injuring 26 people. Coalition spokesman Colonel Turki al Maliki said the missile hit the airport at 2:21am local time, according to a statement cited by Read More

French rights group moves to block Saudi arms cargo

3 weeks ago DieselGasoil Comments Off on French rights group moves to block Saudi arms cargo
A French humanitarian group is seeking to block a delivery of munitions to a Saudi ship docked at a port in southern France, arguing the weapons will be used to commit war crimes in Saudi Arabia’s conflict with Yemen. The rights group, Action by Christians for the Abolition of Torture (ACAT), filed its legal challenge Read More

Oil holds gain as OPEC signal on output cuts counters trade risk

4 weeks ago DieselGasoil Comments Off on Oil holds gain as OPEC signal on output cuts counters trade risk
By Tsuyoshi Inajima and Grant Smith on 5/21/2019 LONDON (Bloomberg) — Oil held gains on signs that OPEC and its allies will extend production cuts beyond June, while prices remained capped by worsening trade relations between the U.S. and China. Futures were little changed in New York after rising 0.5% on Monday. Saudi Energy Minister Read More

Four children killed in airstrikes on Yemeni capital

1 month ago DieselGasoil Comments Off on Four children killed in airstrikes on Yemeni capital
At least six people, including four children, have been killed in Saudi-led coalition airstrikes on Yemen’s capital Sanaa. The rebel-controlled health ministry said 41 people were also wounded, including two women with Russian nationality. Smoke rose from the rubble of several houses after the strikes in Sanaa’s al-Raqas neighborhood this morning. Sanaa resident Ahmed al-Kori Read More

Asia stocks bounce from three-and-a-half month lows as trade fears soften

1 month ago DieselGasoil Comments Off on Asia stocks bounce from three-and-a-half month lows as trade fears soften
TOKYO (Reuters) – Asian stocks bounced from a 3-1/2-month low on Wednesday as a slight softening in rhetoric from U.S. President Donald Trump helped ease worries about the U.S.-China tariff war and on expectations Beijing could release more economic stimulus. FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo Read More

Asia stocks wobble near three-and-a-half-month low as trade worries linger

1 month ago DieselGasoil Comments Off on Asia stocks wobble near three-and-a-half-month low as trade worries linger
TOKYO (Reuters) – Asian stocks struggled near a 3-1/2-month low on Wednesday on lingering concerns over the economic impact of a U.S.-China trade war, although an overnight bounce on Wall Street helped limit the losses. FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo Japan, October 11, 2018. REUTERS/Issei Read More

Global stocks bounce back as Trump downplays U.S.-China trade fight

1 month ago DieselGasoil Comments Off on Global stocks bounce back as Trump downplays U.S.-China trade fight
NEW YORK (Reuters) – U.S. and European stocks regained ground on Tuesday after President Donald Trump downplayed the U.S.-China trade war as “a little squabble” a day after a spike in tensions between the world’s two largest economies rattled financial markets. Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Global stocks rebound as Trump downplays U.S.-China trade fight

1 month ago DieselGasoil Comments Off on Global stocks rebound as Trump downplays U.S.-China trade fight
NEW YORK (Reuters) – U.S. and European stocks regained ground on Tuesday after President Donald Trump downplayed the U.S.-China trade war as “a little squabble” a day after a spike in tensions between the world’s two largest economies rattled financial markets. Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Oil prices jump on drone attack on Saudi Aramco facilities

1 month ago DieselGasoil Comments Off on Oil prices jump on drone attack on Saudi Aramco facilities
LONDON (Reuters) – Oil prices rose sharply on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, Read More