Sep 14 2017
The agency, which coordinates energy policies of industrial nations, raised its 2017 global oil demand growth estimate to 1.6 million barrels per day (bpd) from 1.5 million bpd. This year's hurricane season still has the potential to be "particularly destructive", with consequences for the oil market, it said.
According to the report, the value of Iranian heavy crude was further lifted buoyed again by an uplift in OSP offsets and supported by healthy global sour markets.
On Tuesday, WTI oil futures stood at $48.22 and Brent Crude at $54.23. Cushing, Oklahoma supplies rose by the most since March, while oil production climbed by the most since 2012.
OPEC and non-OPEC producers, including Russian Federation, have agreed to cut output by 1.8 million barrels per day until next March in a bid to decrease global oil inventories and to support oil prices.
Looking at supply side fundamentals, OPEC output fell by 170,000 bpd in August to 32.68 mbpd on the back of improved compliance from members and fluctuating output from Libya.
Demand grew by 2.3 million barrels per day (mb/d), or 2.4 per cent, in the second quarter of 2017, prompting the Paris-based organisation to increase its growth estimate for the year to 1.6 mb/d, or 1.7 per cent.
Setback in fighting campus sexual assaults
She went on to say that DeVos "has sought the demise of public education". DeVos is not revealing specifics about how she plans to approach Title IX.
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.
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.
New reports released this week from the Organization of Petroleum Exporting Countries and the U.S. Energy Information Administration provide oil pricing and supply forecasts through 2018 but offer little information regarding the impact of two major hurricanes that hit the U.S. recently along the Gulf Coast. In 2018, non-Opec oil supply is forecast to grow by 1.0 mpbd, following a downward revision to Russian Federation and Kazakhstan, totalling 0.1 mpbd.
Mexico produced 170,000 barrels per day, while it had to produce 100,000 barrels.
Yet, the American Petroleum Institute indicated a slump of 7.9 million barrels in gasoline stocks, as distillate stocks slipped 1.8 million barrels while key refineries in Corpus Christi and Houston were offline.
Saudi Arabia has energy-reliant economy continues to struggle since oil prices tanked in 2014.
Sep 12 2017
Cardinals' David Johnson Could Miss 'Half the Season' With Sprained Wrist
Arians wouldn't put an official timeline on Johnson's return, should that be the injury, but Arians cited rookie running back T.J. In a radio interview after his press conference, Arians explained a bit more: "He wants to find a way to play".
Sep 11 2017
Luis Suarez: 'It is a privilege to play with Lionel Messi'
Real Madrid dropped points at the Santiago Bernabeau for the second straight game after being held to a 1-1 draw by Levante. Lionel Messi bagged a hat-trick to inspire FC Barcelona to a 5-0 win over local rivals Espanyol in the Catalan derby.
Sep 11 2017
Raiders put Sebastian Janikowski on injured reserve, call up Giorgio Tavecchio
Janikowski has been in the news recently due to a contract dispute with the Raiders. The team made the move a day before the season opener against the Titans.
Sep 11 2017
Kante scores victor for Chelsea vs former club Leicester
Chelsea won the Premier League title with two games to spare last season thanks in part to Hazard's valuable goals. N'Golo Kante's speculative strike saw Chelsea overcome a tough Leicester challenge. "We need time.
Sep 11 2017
Final Cowboys-Giants injury report: Hitchens out, Beckham questionable
He gained 107 yards in their second meeting last season but keep in mind that was without the star defensive lineman on the field. If he is able to play, numberFire's models project Beckham to haul in 6.6 catches for 88.4 yards and 0.72 touchdowns in Week 1.
Sep 11 2017
Desmond Tutu chides Suu Kyi over silence on Burma 'ethnic cleansing'
A rising Buddhist nationalism has fanned the flames, led by hard-line monks who scream that Muslims want to overtake the country. The handsome , petite leader from erstwhile Burma with flower in her hair and steely resolve in her voice fought for democracy.
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
Joe Paterno knew of Jerry Sandusky accusations before 2001, assistant told police
For those who don't remember, McQueary reported to Paterno an incident he had witnessed in a locker room between Sandusky and a young boy.
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 14 2017Volkswagen's Entire Car Range Is Going Electric By 2030
Sep 12 2017Janet Jackson promises she's planning "something special" for victims of Hurricane Harvey
Sep 12 2017Google appeals $2.7 billion European Union fine
Sep 12 2017Keeper De Gea to be starter for Man United against Basel
Sep 11 2017Sean Dyche v Frank de Boer focus
Sep 10 2017Wenger Gunner move again for winger?
Sep 10 2017United States calls for UNSC meet over North Korea draft resolution
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 2017Bungie confirms Destiny 2 clan support won't be live at launch
Sep 13 2017SC for display of community fireworks
Sep 13 2017New Apple TV will come with 4K and HDR support
Sep 13 2017Report of active shooter at New Hampshire hospital
Sep 12 2017Stephen King tweets IT inspired message to the victims of Hurricane Irma
Sep 12 2017Going electric: China eyes gasoline and diesel auto ban
Sep 11 2017Cruise Lines Are Sending Ships on Rescue Missions to the Caribbean
Sep 11 2017These clubs voted against the reduced Premier League transfer window
Sep 10 2017Nadal powers into US Open final after blitzing Del Potro
Sep 10 2017US Get Ready! Another Missile from North Korea on the Way?
Sep 10 2017China Lodges Protest Over Full THAAD Deployment
Sep 07 2017Paris St-Germain Caught Peeing In The Pool, Says La Liga President
Sep 07 2017Liverpool Starlet Ben Woodburn Provides Brilliant Assist in Wales Win