Oil price structures show market balance returns in second half of 2021

© Reuters. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing By Bozorgmehr Sharafedin LONDON (Reuters) – The oil market is likely to be in balance in the second half of 2021, even though European coronavirus lockdowns and U.S. winter storms caused disruptions in March, crude and […]

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Exclusive: Venezuelan ministers were informed of deal ‘Citgo Six’ were jailed for, documents show

2/2 © Reuters. FILE PHOTO: The logo of PDVSA’s U.S. unit Citgo Petroleum is seen at a gas station in Stowell 2/2 By Luc Cohen (Reuters) – Six executives of U.S. refiner Citgo have been jailed in Caracas on graft charges since 2017, but court documents seen by Reuters show that top Venezuelan officials were […]

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Fox cancels Lou Dobbs’ weekday show on Fox Business Network

2/2 © Reuters. FILE PHOTO: A Fox News channel sign is seen at the News Corporation building in the Manhattan borough of New York City, New York 2/2 By Lisa Richwine LOS ANGELES (Reuters) – Fox Corp’s Fox Business Network has canceled “Lou Dobbs Tonight,” a weekday program hosted by the business journalist and vocal […]

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United, Delta passengers from Britain must show negative COVID-19 tests

2/2 © Reuters. Delta Air Lines planes are parked at their gates in Atlanta 2/2 By Tracy Rucinski CHICAGO (Reuters) -United Airlines and Delta Air Lines (NYSE:) are requiring all passengers on flights from the United Kingdom to the United States to present a negative COVID-19 test taken within 72 hours of departure. The decision […]

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Asia stocks look up as global markets show confidence in economic growth

© Reuters. People wearing protective face masks, following an outbreak of the coronavirus, are reflected on a screen showing Nikkei index, outside a brokerage in Tokyo By David Henry NEW YORK (Reuters) – Asian stocks were poised for gains on Wednesday as global markets moved with confidence that vaccinations and additional monetary and fiscal support […]

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‘FinCEN’ documents reportedly show banks moved illicit funds – BuzzFeed, ICIJ

2/2 © Reuters. The United States Department of the Treasury is seen in Washington, D.C. 2/2 (Reuters) – Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags about the origins of the money, BuzzFeed and other media reported on Sunday, citing confidential documents submitted […]

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Taiwan central bank urges traders to show restraint selling dollars

© Reuters. Staff member stands beside the Taiwanese Central Bank logo in Taipei TAIPEI (Reuters) – Taiwan’s central bank on Sunday said it was urging foreign exchange traders to exercise restraint when it came to selling U.S. dollars and not sell large amounts in one go, as it tries to control the soaring value of […]

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Forexlive Americas FX news wrap: Retail Sales show some strength but its still about the unknown ahead

Forex news for North American trading on August 14, 2020. In other markets: Spot gold is down $ 8.90 or 0.46% $ 1944.86 Spot silver is down $ 1.02 or 3.73% $ 26.48 WTI crude oil futures are down $ 0.03 or -0.07% at $ 42.21 In the US debt market today, yields are ending the day […]

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U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show

© Reuters. A state oil company PDVSA’s logo is seen at a gas station in Caracas By Luc Cohen and Marianna Parraga NEW YORK/MEXICO CITY (Reuters) – U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $ 500 million arbitration award it won […]

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