Posts

Showing posts with the label August 13

Commerce Secretary Wilbur Ross may have broken criminal conflict of interest law, advocacy group says

Commerce Secretary Wilbur Ross may have broken criminal conflict of interest law, advocacy group says https://ift.tt/2vDkm8U The complaint says public records reviewed by the Campaign Legal Center suggest that Ross also may have violated three laws barring certain false statements or omissions in congressional testimony and financial disclosure filings he made. https://ift.tt/eA8V8J August 13, 2018 at 11:30PM Energy https://ift.tt/2v91E9K

US dollar strength could soon become an 'unbearable burden' on the oil market, analyst says

US dollar strength could soon become an 'unbearable burden' on the oil market, analyst says https://ift.tt/2B7WO12 The prospect of continued strength in the U.S. dollar over the coming months should constitute an even greater concern to bullish oil traders than an escalating trade war between the world's two largest economies, an analyst told CNBC on Monday. https://ift.tt/eA8V8J August 13, 2018 at 05:35PM Energy https://ift.tt/2v91E9K

Saudi Arabia cuts oil production in July despite agreement to hike output

Saudi Arabia cuts oil production in July despite agreement to hike output https://ift.tt/2B7F4TL OPEC's oil production ticked higher in July, but cuts by top exporter Saudi Arabia weighed on the 15-member group's output just one month after it agreed to start pumping more crude. https://ift.tt/eA8V8J August 13, 2018 at 04:25PM Energy https://ift.tt/2v91E9K

Japanese firms invest in Innogy's $2.6 billion offshore wind farm

Japanese firms invest in Innogy's $2.6 billion offshore wind farm https://ift.tt/2KJdbAR Innogy will sell a 41 percent stake of the Triton Knoll Offshore Wind Farm project. https://ift.tt/eA8V8J August 13, 2018 at 02:10PM Energy https://ift.tt/2v91E9K

UAE oil giant making ‘good progress’ with expansion plans in Saudi Arabia, executive says

UAE oil giant making ‘good progress’ with expansion plans in Saudi Arabia, executive says https://ift.tt/2MomX03 UAE's biggest fuel retailer told CNBC that there is 'a lot more to come' regarding the firm's expansion plans in Saudi Arabia. https://ift.tt/eA8V8J August 13, 2018 at 01:42PM Energy https://ift.tt/2v91E9K

Oil prices edge up on Iran sanctions, but trade tensions drag

Oil prices edge up on Iran sanctions, but trade tensions drag https://ift.tt/2MlRhIz Oil prices inched up on Monday as U.S. sanctions against Iran pointed towards a tighter market, although concerns over slowing economic growth amid global trade tensions kept a lid on gains. https://ift.tt/eA8V8J August 13, 2018 at 06:57AM Energy https://ift.tt/2v91E9K