Mar 04 2018
Brent Crude Oil price at London's IСE Stock Exchange down by 1.27% to $63.88 per barrel.
However, the oil for delivery in March contracts held steady at Rs 597 per 10 kg in 50 lots.
Oil prices rose on Friday as Wall Street stocks bounced off session lows, but crude benchmarks were still poised for their first weekly fall in three weeks on fears US plans to impose tariffs on steel and aluminum could squeeze economic growth, and as USA crude inventories climbed. Friday's move came as stock indexes pared losses or turned higher. [FRX/] A strong dollar makes oil more expensive for buyers using other currencies.
Oil prices were marginally lower in Europe's morning trading session Friday, after three straight days of losses amid bearish cues from crude inventory data this week and lower equities following President Trump's announcement on planned U.S. steel and aluminum tariffs.
The Organization of the Petroleum Exporting Countries (OPEC) has forecast that the global oil prices will continue to remain stable in 2018. An early-week survey from commodity pricing group S&P Global Platts showed an expected gain of 2.1 million barrels of oil last week, while the American Petroleum Institute reported a gain of 933,000 barrels in USA crude oil inventories.
"Yesterday's report. has reawakened concerns that U.S. production levels will offset Opec production cuts", said McGillian. While Canadian production has continued to rise, reflecting past investments, pipeline capacity constraints have limited producers' options for moving their products to USA markets.
WWE Raw: Reigns calls out Lesnar, Rousey demands an apology
Lesnar had come to Las Vegas the day before as the photograph going around of him with Dana White was taken on Sunday afternoon. Speaking on SiriusXM UFC president White was asked whether a UFC return was on the cards for wrestling star Brock Lesnar.
We can cope without Alderweireld, says Pochettino
You have to show that you are ready to fight. "Now he realises that he is so strong mentally", he added. Now he is a complete defender'.
Woods hot, Scott claws back at PGA Honda
Make sure you're altering your lineup before the morning tee times you were a believer.The mystery for gamers that is J.B. Woods is just four shots off leaders, the American tandem of Luke List (66) and Jamie Lovemark (69), at three under par .
OPEC officials are expected to meet US shale executives next week in Houston, at the annual CERAWeek conference, presented by IHS Markit.
Fears that rising USA output could dampen global efforts to rid the market of excess supplies have systematically limited oil prices' gains recently. "A transition of the deal is needed but not yet visible, with both an over-tightening and an orderly unwinding being potential scenarios", said Norbert Rucker, head of commodity research at Swiss bank Julius Baer.
This effort was undertaken to handle the oversupply of oil that has caused the global oil prices to plummet since 2014.
Producers are sticking to the cuts and an involuntary drop in Venezuelan output has further boosted compliance.
A Reuters survey on Wednesday found OPEC production fell in February to a 10-month low.
Mar 04 2018
Chinese, US senior officials highlight cooperation to settle trade disputes
But now, given that the proposal is unlikely to be stopped, that is something that will only become clearer over time . Shades of Mugabe, I hear you thinking, although Xi commands a country around a thousand times richer than Zimbabwe.
Mar 04 2018
World''s most sophisticated weather satellite to launch shortly
It also tracked the paths of Hurricanes Irma and Maria , providing crucial data as to which areas would be impacted the greatest. After the satellite is deployed, it will spend about three weeks making its way into geostationary orbit.
Mar 04 2018
Avalanche at California ski resort leaves 2 injured
In a video of the rescue effort, people can be seen digging with their hands and with shovels in an effort to help the man. Around 11:50 a.m. rescuers found that three people had been partially buried, but were able to free themselves.
Mar 04 2018
Gazprom seeks to halt Ukraine gas contracts as dispute escalates
We expect that Gazprom will supply gas via a transit pipeline in Ukraine according to the decision of the Stockholm arbitration. The arbitrators ground their decision by the fact that the situation with the Ukrainian economy has drastically worsened.
Mar 03 2018
Oosthuizen grabs first-round lead at WGC Mexico Championship
Consider Paisley, who describes himself on his Twitter account as a "diminutive golfer from Newcastle, the anti-DJ". Those results came off a superb end to the year, where he won the silverware in three out of his last six stars.
Mar 01 2018
Attorney Investigating Arizona: DeAndre Ayton 'Abided By All Applicable Rules', 'Fully Eligible'
The 19-year-old freshman dropped a double-double in the first half alone with 17 points and 11 rebounds. Ayton played in Saturday's 98-93 loss to OR and finished the game with 28 points and 19 rebounds.
Feb 26 2018
China Communist Party has proposed removing presidential term limits
The plenary comes only a week before annual meeting of National People's Assembly (ANP), Chinese legislature. Such a move could pave the way for current leader Xi Jinping to remain as head of state after 2023.
Feb 25 2018
Jimmy Butler suffers right knee injury, MRI scheduled Saturday
The Rockets were without guard Eric Gordon due to an illness, while Trevor Ariza made his return after a nine-game injured spell. Nikola Jokic had 28 points, 11 rebounds and 11 assists before fouling out of the Nuggets' 129-119 victory against the Spurs.
Feb 25 2018
We are turning TAPI into reality: PM Abbasi
Ghani described the project as a "corridor of development" and stressed on regional cooperation. The Prime Minister also congratulated the ADB for its role in making the project a reality.
Feb 24 2018
Snapchat to scrap parts of controversial redesign following 1.5 million user petition
A reported 1.2 million Snapchat users have now joined hands in a petition for the app to revert back to its old ways. Following the redesign's U.S. debut, more than 30 Change.org petitions were launched in a single day protesting it.
Mar 03 2018Harvey Weinstein 'Casting Couch' Statue Pops Up in Hollywood
Mar 02 2018Comcast attempts to outbid Fox for Sky
Feb 26 2018Rain and storms tonight; a pleasant finish to the weekend
Feb 25 2018At least 13 injured after 'explosion' on board ferry at Mexico resort
Feb 25 2018Trump tax cut fuels record profit for Buffett's Berkshire
Feb 25 2018Bollywood Actress Sridevi passes away after suffering cardiac arrest
Feb 24 2018Celtic lacked real courage, says Rodgers
Feb 24 2018Russian Figure Skaters Take Gold, Silver Medals at Winter Olympics
Feb 23 2018LBPD Arrests Student At Wilson High For Alleged Threats
Feb 23 2018NRA Chief Wayne LaPierre: FBI, Elitism To Blame For School Shootings
Mar 04 2018Woods to play at Valspar Championship, Arnold Palmer Invitational
Mar 03 2018Gold prices dip as dollar remains strong on Powell's comments
Mar 03 2018Oakland mayor doesn't 'regret' tipping off immigrants ahead of ICE raids
Mar 02 2018UN Security Council adopts Russian-drafted resolution on renewal of Yemen sanctions
Mar 01 2018Watch Ester Ledecka make history, win gold medals in two different sports
Mar 01 2018Iraq court sentences 16 Turkish women to death for joining IS
Feb 26 2018Major quake shakes Papua New Guinea; no tsunami threat to Hawaii
Feb 25 2018Allu Arjun imitates Priya Prakash Varrier's wink in the most adorable manner
Feb 24 2018Trump Defends Second Amendment At CPAC And Warns of Dems Taking Office
Feb 24 2018Walmart's online sales growth slips, rattling investors
Feb 24 2018Utterly ridiculous: Jennifer Lawrence blasts media over dress controversy
Feb 23 2018Airbnb launches Plus, higher-end options that have been personally inspected