Sep 13 2017
OPEC continues to grapple with oversupply owing to a ramp up of production in Nigeria and Libya - the two OPEC members exempt from the oil cut deal agreed by OPEC and non-OPEC producers in late 2016.
The Organization of the Petroleum Exporting Countries (OPEC) raised the forecast for the volume of world oil demand in 2017 by 280,000 barrels per day - up to 96.77 million barrels, according to the OPEC updated report.
Oil prices rose on Monday as key USA refineries began restarts following Hurricane Harvey, which may help revive crude oil processing, while fuel prices fell as Hurricane Irma is likely to clip demand for gasoline and diesel.
West Texas Intermediate for October delivery added 20 cents to $48.27 a barrel at 1:06 p.m. on the New York Mercantile Exchange. It had traded down to $47.73.
"Irma will have a negative impact on oil demand but not on oil production or processing".
Sean Dyche v Frank de Boer focus
Frank de Boer: "I have a positive feeling from what I have seen in training this week". I took a step back into the Championship, but I knew one day I would be back.
Nadal powers into US Open final after blitzing Del Potro
It's the fourth in the Big Apple and 23rd overall (second behind Roger Federer's 29) for Nadal , and the first for Anderson. After the first set Del Potro's energy stalled and the Argentine lost the second set 6-0.
Charles Manson Clan Murderer Back On The Verge Of Walking Free, Again
Van Houten killed for infamous murderer Charles Manson during a series of killings that terrorised LA during the summer of 1969. From left, Manson followers Susan Atkins, Patricia Krenwinkel and Leslie Van Houten walk into a morning court session in 1970.
Opec has faced criticism in recent months as investors question the oil cartel's commitment to curb production after Opec's compliance rate with output cuts fell to its lowest this year in July.
Aside from total US crude stockpiles, oil centered in the Cushing, Oklahoma hub, which stores supply meant for delivery against WTI contracts, has abeen rising. "There is also a lot of talk about whether OPEC is going to extend its deal or not and the market is weighing a lot of outcomes". "As showed by the Reuters poll, the range of expectations is quite wide.a lot of volatility past the release is possible", said Harry Tchilinguirian, global head of commodity markets strategy with BNP Paribas.
On average, analysts polled by S&P Global Platts expect the EIA to report a climb of 10.1 million barrels in crude supplies, along with declines in gasoline stocks of 4 million and distillate stocks of 300,000 barrels. The poll also forecast that refined product stockpiles probably declined.
Irma, the second major storm in the USA region in a fortnight, made landfall in Florida on Sunday as a Category 4 hurricane, knocking out power to almost 5.8 million homes and businesses in the state. That is "because Texas has twice the oil consumption per capita of Florida given the significant concentration of refining and petrochemical capacity on the U.S. Gulf Coast", they said.
Sep 12 2017
Janet Jackson promises she's planning "something special" for victims of Hurricane Harvey
The singer performed her song "What About" off her 1997 album, The Velvet Rope , containing lyrics about a volatile relationship. As a fan's Periscope video shows, the breakdown occurred following a reenactment of a couple fighting by her back-up dancers.
Sep 11 2017
Cruise Lines Are Sending Ships on Rescue Missions to the Caribbean
The Firm owns and operates three global cruise brands: Royal Caribbean International , Celebrity Cruises and Azamara Club Cruises. The Caribbean accounts for more than a third of cruise lines' total ocean-going capacity, according to Bloomberg.
Sep 11 2017
These clubs voted against the reduced Premier League transfer window
Premier League clubs' transfer spending this summer as a proportion of their estimated revenue for the 2017/18 season is 31%. The vote was not unanimous and clubs will still be able to sell players until the end of the normal window .
Sep 11 2017
Abe, Moon agree on greater pressure against North Korea
South Korea's Unification Ministry said on Wednesday it was still expecting more activity from the North. Both Russia and China have criticized the THAAD deployment.
Sep 11 2017
Penn State's James Franklin throws shade that's sure to fuel Pitt rivalry
McSorley finished 15-for-28 for 164 yards, three touchdowns and one interception, but completed just six passes to receivers. Quarterback Max Browne - former USC starter - got Hall the ball right behind the end zone, and Penn State was ready.
Sep 10 2017
United States calls for UNSC meet over North Korea draft resolution
The US has called for a UN Security Council (UNSC) meeting to vote on a draft resolution to impose additional sanctions on North Korea.
Sep 10 2017
Hurricane Katia bears down on quake-rattled Mexico
Areas of Mexico to the north of Cabo Rojo and to the south of Laguna Verde are under a tropical-storm warning. The mountainous region where the storm has been dumping rain has a history of deadly floods and slides.
Sep 08 2017
Internet cringes at revelation Ivanka Tump calls her father 'Daddy'
During an appearance on The View in 2006, he famously said that "if Ivanka weren't my daughter, perhaps I would be dating her". After receiving a rousing ovation, Trump then responded with a cringeworthy "Thank you, honey".
Sep 07 2017
Trump ignores Republicans on Democrats' debt limit and Harvey funds plan
Congress must raise the debt ceiling by the end of September to prevent the government from defaulting on its obligations. House voted Wednesday to fund nearly $8 billion for Hurricane Harvey relief, with full support from the Texas delegation.
Sep 06 2017
CD Projekt RED Releases The Witcher 10th Anniversary Video
Game developer CD Projekt RED has released a new video celebrating 10 years of The Witcher video game series. CD Projekt Red has previously stated that Wild Hunt will mark the end of its time adapting The Witcher .
Sep 12 2017Going electric: China eyes gasoline and diesel auto ban
Sep 12 2017Google appeals $2.7 billion European Union fine
Sep 12 2017Cardinals' David Johnson Could Miss 'Half the Season' With Sprained Wrist
Sep 11 2017Luis Suarez: 'It is a privilege to play with Lionel Messi'
Sep 11 2017Final Cowboys-Giants injury report: Hitchens out, Beckham questionable
Sep 10 2017Setback in fighting campus sexual assaults
Sep 10 2017China Lodges Protest Over Full THAAD Deployment
Sep 10 2017Joe Paterno knew of Jerry Sandusky accusations before 2001, assistant told police
Sep 07 2017Paris St-Germain Caught Peeing In The Pool, Says La Liga President
Sep 07 2017Bungie confirms Destiny 2 clan support won't be live at launch
Sep 12 2017Stephen King tweets IT inspired message to the victims of Hurricane Irma
Sep 11 2017Raiders put Sebastian Janikowski on injured reserve, call up Giorgio Tavecchio
Sep 11 2017Kante scores victor for Chelsea vs former club Leicester
Sep 11 2017Desmond Tutu chides Suu Kyi over silence on Burma 'ethnic cleansing'
Sep 10 2017Wenger Gunner move again for winger?
Sep 10 2017US Get Ready! Another Missile from North Korea on the Way?
Sep 10 2017Were You On This Delta Plane That Flew Into Hurricane Irma?
Sep 08 2017Prince George arrives for his first day of school
Sep 07 2017Liverpool Starlet Ben Woodburn Provides Brilliant Assist in Wales Win
Sep 07 2017Evidence found for mid-sized black hole near center of Milky Way
Sep 07 2017Alabama close to being a unanimous No. 1 in both polls
Sep 06 2017Brock Osweiler signs with Denver Broncos