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Oil heading for weekly drop as coronavirus demand concerns mount
Global Rubber Markets Sep 25, 2020 | 16:36 pm© Reuters. FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma By Noah Browning LONDON (Reuters) – Oil prices edged higher on Friday but were set for a weekly decline[…]
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Biden’s Spending to Drive Faster U.S. Recovery, Economists Say
Global Rubber Markets Sep 25, 2020 | 16:19 pmBiden’s Spending to Drive Faster U.S. Recovery, Economists Say (Bloomberg) — Joe Biden’s plans to boost government spending would help the U.S. economy bounce back faster from the coronavirus slump if the Democratic challenger beats President Donald Trump in November’s[…]
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Trafigura proposes carbon levy on marine fuels to help meet decarbonisation targets
Global Rubber Markets Sep 25, 2020 | 16:15 pm© Reuters. Trafigura logo is pictured in the company entrance in Geneva SINGAPORE (Reuters) – Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on shipping fuels to make zero and low[…]
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Shell books tanker to load crude at Libya’s Zueitina oil port
Global Rubber Markets Sep 25, 2020 | 15:54 pm2/2 © Reuters. FILE PHOTO: A general view of pipelines at the Zueitina oil terminal in Zueitina, west of Benghazi 2/2 LONDON (Reuters) – Royal Dutch Shell (L:RDSa) has provisionally booked a tanker to load a crude cargo at Libya’s[…]
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Biden’s Spending to Drive Faster U.S. Recovery, Economists Say
Global Rubber Markets Sep 25, 2020 | 15:47 pmBiden’s Spending to Drive Faster U.S. Recovery, Economists Say (Bloomberg) — Joe Biden’s plans to boost government spending would help the U.S. economy bounce back faster from the coronavirus slump if the Democratic challenger beats President Donald Trump in November’s[…]
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Eight newbuild VLCCs taken on subjects with clean product floating storage options
Global Rubber Markets Sep 25, 2020 | 15:45 pmHighlights New VLCCs can be used to store clean products Clean tanker market could lose demand equivalent to 60 MRs Contango structure, closed arb West favors storage option Singapore — At least eight newbuild VLCCs have been placed on subjects[…]
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Oil gains ground, gold stabilizes
Global Rubber Markets Sep 25, 2020 | 15:33 pmOil gains ground, gold stabilizes Source: Investing.com
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Fed’s Brainard Seen at Top of Biden’s Treasury Secretary List
Global Rubber Markets Sep 25, 2020 | 15:16 pm© Bloomberg. Lael Brainard (Bloomberg) — Democratic presidential nominee Joe Biden’s search for a Treasury secretary is widely seen as focusing on Lael Brainard of the Federal Reserve, a choice that would keep both Wall Street and progressives in line.[…]
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Global stocks set for dire week, best for dollar since April
Global Rubber Markets Sep 25, 2020 | 15:12 pm2/2 © Reuters. Passersby wearing protective masks walk past an electronic board showing Japan’s Nikkei average, in Tokyo 2/2 By Marc Jones LONDON (Reuters) – After the slide it was the see-saw for markets on Friday, as stocks in large[…]
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Norway oil drilling rig companies agree on wage deal with workers
Global Rubber Markets Sep 25, 2020 | 14:51 pmNorway oil drilling rig companies agree on wage deal with workers Source: Investing.com
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