Tag: diesel
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Oil prices edge lower as Iran says it is open to diplomacy to end the war
Sept 24 : Oil prices edged lower on Thursday, after climbing 4 per cent in the previous session, as Iran said it remained open to diplomacy to end the US-Iran war, though the two countries remain far apart on ways to do so. Brent crude futures fell 94 cents, or 0.9 per cent, to $102.13…
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Trading Day: US yields cross 5% threshold
ORLANDO, Florida, Sept 23 : US bond yields soared on Wednesday, in many cases to the highest since 2007, and expectations of an interest rate hike next month surged, after figures showed that US business activity is expanding at its fastest pace in more than five years.The sharp rise in market borrowing costs
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Oil holds near two-week lows while diesel cracks hit record
LONDON, Sept 23 : Oil prices held near their lowest in more than two weeks on Wednesday as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports.Brent crude futures rose $1.33, or 1.34 per cent, to $100.58 a barrel
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Oil holds near two-week lows while diesel cracks hit record peak
LONDON, Sept 23 : Oil prices held near their lowest in more than two weeks on Wednesday as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports.Brent crude futures rose 37 cents, or 0.37 per cent, to $99.62 a barre
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Is Europe prepared for its next major energy shock?
Record prices and fuel shortages in France are a warning for the rest of Europe. DW looks at the global supply squeeze behind the numbers and what Europe can do about it
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Trading Day: Lift off!
ORLANDO, Florida, Sept 16 : The U.S. Federal Reserve raised interest rates on Wednesday for the first time in more than three years and signaled more tightening lies ahead, triggering a sharp rise in the dollar, a slump in the Dow and S&P 500, and a significant flattening of the Treasury bond yield curve.
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Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high
Sept 16 : Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions, while European diesel prices hovered near a record high.Brent crude futures were down 59 cents, or 0.54 per cent, to $108.16 a b
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Donald Trump blames Ukraine for record US diesel prices
The US president is blaming Ukrainian strikes on Russian oil refineries for soaring diesel prices. He has even publicly told President Volodymyr Zelenskyy to stop the attacks. What should the world make of Trump’s logic?
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Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
HOUSTON, Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 8 per cent, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $3.10, or 2.88 per cent, at $1
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Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high
HOUSTON, Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 9 per cent, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $2.46, or 2.29 per cent, at $1
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