Energy Update
The largest and most admired bunker company vanishes overnight. Charter rates hit historic bottom only to sink even further. Only the unexpected is to be expected.
TOKYO, July 6 (Reuters) - Oil prices were up slightly in
early Asian trading on Wednesday after sharp falls in the prior
session, but gains were limited by ongoing concerns about the
economic impact of Britain's vote to leave the European Union
and a glut of crude.
SAN FRANCISCO/DETROIT, July 5 (Reuters) - Tesla Motors
alerted regulators to a fatality in one of its electric
cars in partial self-driving Autopilot mode nine days after it
crashed, the company said on Tuesday, defending its decision not
to make the accident public before a federal investigation was
announced.
CISA’s recent iron ore and steel derivatives conference indicates the group’s strong support for its members to join in futures trading.
TORONTO, July 5 (Reuters) - Canada's main stock index fell
on Tuesday after four days of gains, as slumping oil prices
pulled down energy companies and global jitters weighed while
prompting some gains for yield-paying telecom stocks and gold
miners.
LONDON, July 5 (Reuters) - A Goldman Sachs compliance chief
raised concerns about an internship the bank provided for the
brother of a decision-maker at Libya's sovereign wealth fund, a
court heard on Tuesday.
HAVANA, July 5 (Reuters) - Cuba faces a cash crunch and must
ration energy in a bid to avoid blackouts and spare essential
services, Economy Minister Marino Murillo was cited as saying by
state-run media on Tuesday.
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