Energy Update
Feb 25 (Reuters) - A former BP Plc supervisor was found not guilty by a New Orleans jury on Thursday of a single pollution charge stemming from the 2010 Deepwater Horizon drilling disaster that killed 11 people.
Sometimes the best response when asking tough market questions is, "Well, it depends."
It's carnage out there for the dry bulk shipping market, and the crisis is pushing shipbrokers to the edge.
Things are funny at the far end of the supply chain. Cheap gasoline has its champions.
(Fri, 26 Feb 2016) In Europe, the combination of low winter heating demand, high refinery runs, and increased imports have kept distillate fuel oil inventories in the Amsterdam, Rotterdam, and Antwerp (ARA) area far above normal. Higher inventories have lowered distillate futures prices in the ARA area to a point where inventories are being held in floating storage and imported cargos are being diverted to longer voyages.
TEHRAN, Feb 26 (Reuters) - Iranians went to the polls on Friday in parliamentary and Assembly of Experts elections, seen as a contest between hardliners entrenched in power and allies of pragmatist President Hassan Rouhani seeking to expand their influence.
TEHRAN, Feb 26 (Reuters) - Iranians head to the polls on Friday in parliamentary and Assembly of Experts elections, seen as a contest between hardliners entrenched in power and allies of pragmatist President Hassan Rouhani seeking to expand their influence.
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