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Repsol’s Rix said the Achilleas was not chartered by Repsol. Another Suezmax chartered by Repsol has been anchored off Jose for at least a week after loading Venezuelan oil, according to shipping sources and the Refinitiv data. The tankers are awaiting directions from Repsol before they set sail, according to one of the sources. A separate group of 11 loaded tankers, chartered by U.S. firms Chevron Corp, Valero Energy and Citgo Petroleum have been anchored off Jose for over two months following payment complications from sanctions monogrammed cuff links.
U.S. President Donald Trump’s national security adviser John Bolton told Reuters last month the administration was considering imposing sanctions on any companies outside the United States that do business with Venezuela. On Wednesday in Miami, Bolton announced a series of new sanctions against Cuba and Venezuela, ratcheting up pressure on Maduro and the countries that support him. In February, Spain imported some 75,920 barrels per day (bpd) of Venezuelan oil, down from 84,650 bpd the month before, when arrivals were boosted by the Repsol-PDVSA swap. The European country imported an average of 12,630 bpd of the crude during 2018 monogrammed cuff links.
NEW YORK (Reuters) – Industrials led the S&P 500 and the Dow moderately higher on Thursday after robust U.S. economic data and some healthy corporate earnings reports monogrammed cuff links. All three major U.S. stock indexes closed in positive territory heading into the three-day weekend. For the holiday-shortened week, the S&P snapped its three-week winning streak, while the Dow and the Nasdaq posted weekly gains. The bellwether S&P 500 has hovered within a percent of its all-time high for the last five sessions. “It’s been kind of an anemic market over the last few weeks,” said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. “There’s concern that the majority of the returns in 2019 were front-end loaded.”..
U.S. retail sales in March blew past analyst expectations, rising at their fastest monthly pace in 1-1/2 years, according to the Commerce Department. In a separate report, data from the Labor Department showed the number of Americans filing for unemployment benefits dropped last week to a 50-year low. Industrial stocks boosted the markets following upbeat quarterly results and remarks from China’s commerce ministry spokesman that progress has been made in U.S.-China trade talks monogrammed cuff links. With reporting season in full swing, January-March S&P 500 profits are expected to have dropped 1.7% year-on-year, which would mark the first decline in quarterly earnings since 2016..
Of the 77 S&P 500 companies that have released results thus far, 77.9% have beaten consensus, compared with the 65% average beat rate going back to 1994. “Expectations were so low going into the quarter, there’s been some nice surprises,” Keator added. Growing demand for aircraft parts drove Honeywell International Inc’s earnings beat monogrammed cuff links. The company raised its full-year forecast, and its stock rose 3.8%. Fewer catastrophe losses helped Travelers Companies Inc report higher-than-expected profit. The property & casualty insurer’s stock gained 2.3%..