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Oil Falters as Trade Tension Counters Threat From Tropical Storm

Oil’s rally stalled as traders weighed the threat Tropical Storm Barry poses to refineries on the U.S. Gulf Coast against prospects of an ongoing trade war and OPEC’s concerns over global demand. Futures were little changed in New York after surrendering¬†…Read more





Oil Falters as Trade Tension Counters Threat From Tropical Storm

Bloomberg — Oils rally stalled as traders weighed the threat Tropical Storm Barry poses to refineries on the US Gulf Coast against prospects of an ongoing trade war and OPECs concerns
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BPs Static Kill Plug Appears to be Going Well

Tropical Storm Colin formed meant to break up the oil Federal regulators have come under fire from critics who say that BP was allowed to use excessive amounts of the dispersants but government officials counter that they have helped dramatically
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Oil rises as Mideast tensions intensify

Oil prices rose Fears grew that tropical storm Chris which formed in the Caribbean could gain force and damage orange and cotton crops in Florida The threat sent orange juice futures on the New York Board of Trade to 17590 a pound its highest
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An Active Atlantic Hurricane Season Still Predicted by NOAA CSU and TSR

Their model is calling for warmer than average SSTs and near average trade winds during these periods and both of these factors should act to increase hurricane and tropical storm activity Figure 2 Comparison of the percent improvement over climatology
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Asian stocks take breather from trade tension markets mixed

On Tuesday Chinas government called President Donald Trumps threat of new QUOTEWORTHY Trade tension is going to dominate market sentiment in the weeks to come The market is waiting for Beijing to come out with counter measurements to offload
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Iran says it WILL hold talks with the US but only if sanctions are lifted

Tension has spiked between countries to stop purchasing Iranian oil or be banished from the global financial system It has also dispatched extra troops to the region to counter what it describes as Iranian threats
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