Sep 15 2017
"Oil markets have started to rebalance", said the IEA, adding prices were "pointing to firmer fundamentals".
OPEC on Tuesday forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market, indicating its production-cutting deal with non-member countries is helping to tackle a supply glut that has weighed on prices.
USA gasoline prices, however, fell despite a record drawdown in inventories of the motor fuel. Gasoline inventories fell more than anticipated-by 7.896 million barrels for the week ending September 8, against an expected draw of 4.0 million barrels.
The agency, which coordinates the energy policies of industrial nations, raised its 2017 global oil demand growth estimate to 1.6 million barrels per day from 1.5 million bpd.
Traders also weighed weekly data from the US government which revealed a smaller-than-expected rise in crude supplies, a hefty drop in gasoline stockpiles and a jump in domestic output as production in the Gulf of Mexico recovered in the wake of disruptions from Hurricane Harvey.
The US Energy Information Administration's (EIA) data showed a build of 5.9 million barrels of crude last week, exceeding expectations for a 3.2 million-barrel hike.
USA crude settled up $1.07, or 2.2 percent, to $49.30 per barrel and Brent crude was up 89 cents to $55.16 a barrel. The largest refinery in the United States, in Port Arthur Texas, was running at reduced rates, sources told Reuters. U.
Minecraft for the Nintendo 3DS is available today
A packaged cartridge version of the game will be available at retail at a later date, Nintendo confirmed. One restriction is that Minecraft will work only on the new 3DS , 3DS XL and 2DS XL devices.
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 .
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.
Data from the Energy Information Administration shows a build in USA crude inventories last week of 5.9 million barrels, exceeding expectations.
The Paris-based IEA's monthly report noted that the US reliance on the Gulf Coast makes it vulnerable to events like Harvey.
OPEC released its monthly oil market report on September 12, 2017. This will support efforts by Opec countries and other producers including Russian Federation, that have combined forces to curb global supplies by around 1.8m b/d to ease inflated oil stockpiles and boost prices.
Crude palm oil prices advanced by 0.53 per cent to Rs 550 per 10 kg in futures trading today driven by strong demand in spot markets.
Global oil supply meanwhile fell in August by 720,000 b/d on unplanned outages and scheduled maintenance, mainly from countries outside of the Opec cartel, the IEA said.
The agency said global oil supply dropped 720,000 barrels a day last month from July, to 97.7 million barrels a day, largely due to those disruptions to USA production due to Hurricane Harvey and supply disruptions in Libya.
Sep 15 2017
Giants' Odell Beckham practices Thursday for the first time in three weeks
At least, that's what it looked like to me because it was going right down the middle. "And you don't have to worry about it". You're going to get coached up and there's things we can clean up, for sure, but you can't get defensive, can't get sensitive.
Sep 15 2017
Pixel XL 2 Manufacturer Confirmed In FCC Filing
As the competition has already heated up in the flagship segment with the launch of Note 8 , LG V30 , and iPhone 8 . So the Californian technology company has started to tease its hotly-anticipated new smartphone range.
Sep 14 2017
Crude Oil Price Ticks Up Following EIA Inventory Report
Gasoline stocks fell by 8.4 million barrels, compared with analysts' expectations in a Reuters poll for a 2.1 million-barrel drop. Cushing, Oklahoma supplies rose by the most since March, while oil production climbed by the most since 2012.
Sep 14 2017
Almost a million Tampa Bay residents still without power after Irma
Locations without power have been flagged to the state to help utilities prioritize their work, the group said in a statement. Emera's Tampa Electric utility said the storm could affect up to 500,000 of the 730,000 homes and businesses it serves.
Sep 13 2017
Report of active shooter at New Hampshire hospital
The hospital issued a "code silver" alert to employees, which alerts the possibility of somebody being violent with a weapon. Lebanon police said Tuesday that they are investigating reports of an active shooter at Dartmouth-Hitchcock Medical Center.
Sep 12 2017
Stephen King tweets IT inspired message to the victims of Hurricane Irma
However, some estimates have It going as high as $120 to $125 million for its opening weekend, once the final totals come in. The worldwide sum hit $495.3M while the global gross rose to $823M passing the $816.3M of Wonder Woman in the process.
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 10 2017
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.
Sep 10 2017
Wenger Gunner move again for winger?
The 26-year-old scored 27 Ligue 1 goals last season, but only two of those were headers and only two came from outside the area. And as the game petered out it was time for the controversial Alexis Sanchez to enter the fray, along with Olivier Giroud .
Sep 10 2017
US Get Ready! Another Missile from North Korea on the Way?
But Pyongyang also likes to add dramatic gestures against imperialism, particularly ones that showcase its military might.
Sep 15 2017Steelers intend to hit DeShone Kizer 'often' in National Football League debut
Sep 14 2017Erdogan dismisses North Atlantic Treaty Organisation concerns overs Russian Federation defence system deal
Sep 14 2017Olive Garden Has A New 'Pasta Passport' And Yes, It Involves Travel
Sep 13 2017New Apple TV will come with 4K and HDR support
Sep 12 2017Going electric: China eyes gasoline and diesel auto ban
Sep 12 2017Keeper De Gea to be starter for Man United against Basel
Sep 11 2017Sean Dyche v Frank de Boer focus
Sep 10 2017Setback in fighting campus sexual assaults
Sep 10 2017United States calls for UNSC meet over North Korea draft resolution
Sep 10 2017Hurricane Katia bears down on quake-rattled Mexico
Sep 15 2017Russian submarines fire seven cruise missiles at Isis militants
Sep 15 2017Still a chance for Jose to get close to the US
Sep 14 2017Volkswagen's Entire Car Range Is Going Electric By 2030
Sep 13 2017SC for display of community fireworks
Sep 13 2017Crude Oil Market Higher on Hurricane Impact
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 11 2017Luis Suarez: 'It is a privilege to play with Lionel Messi'
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 11 2017Abe, Moon agree on greater pressure against North Korea