Jul 08 2018
The leader of Saudi Arabia, OPEC's biggest member, has assured Trump that the kingdom can raise oil production if needed, and that the country has 2 million barrels per day of spare capacity that could be deployed to help cool oil prices to compensate for falling output in Venezuela and Iran.
Brent crude futures were at $77.82 per barrel, up 6 cents from their last close.
Trump late on Wednesday accused the Organization of Petroleum Exporting Countries (OPEC) of driving up fuel prices. This must be a two way street.
Similarly, the Organisation of Petroleum Exporting Countries (OPEC) report indicated that Saudi Arabia raised oil output by nearly 500,000 barrels per day last month.
Opec, together with a group of non-Opec producers led by Russian Federation, reduced output in 2017 to prop up the market.
Iranian OPEC Governor Hossein Kazempour Ardebili told Reuters that Trump "should have expected" when blocking Iran's access to the global markets that it would end up as "hostage (to) Saudi Arabia and Russia", who he said had little vested interest in bringing down prices.
The unintended consequences of Trump’s trade war with China
Part of his plan is to radically change how U.S. trade deals work and to focus on protecting the domestic economy. The administration accuses China of using predatory practices in a push to overtake US technological dominance.
England fans wasted so much beer celebrating Harry Kane's goal vs. Colombia
Luis Muriel, who had replaced James against Senegal, was an option once more should the attacking midfielder be ruled out. Jordan Henderson is in midfield rather than Eric Dier with Ashley Young at left wing-back ahead of Danny Rose .
Clinical Edinson Cavani shatters Cristiano Ronaldo's World Cup dream
Portugal are out of the World Cup following their match against Uruguay . Free-kick to Uruguay as Nahitan Nandez goes down after a challenge.
OPEC and Russian Federation announced in June they were willing to raise output to address concerns of emerging supply shortages due to unplanned disruptions from Venezuela to Libya, and likely also to replace a potential fall in Iranian supplies due to United States sanctions.
Recent price rises have also been spurred by a US announcement that it plans to re-introduce sanctions against Iran from November, targeting oil exports.
Saudi Arabia has wanted to sell shares in Aramco to bring in foreign investment to diversify its economy, but legal concerns about listing in places like London or NY have presented complications.
US tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday and Beijing has vowed to respond immediately in kind, setting the two world's biggest economies on a path toward a full-blown trade conflict.
Zanganeh called the tension between Tehran and Washington a "trade war" and said it had not led to changes in Iranian oil production and exports.
The oil minister also said that Iran, which is Opec's third-largest producer, has not changed its oil production and exports amid growing U.S. pressure.
Jul 06 2018
These Democrats want to abolish ICE
But Republicans are making a big push to convince voters that's exactly what Democrats do mean when they call for abolishing ICE . Bernie Sanders dodged the question, saying only that he wanted to "create policies that deal with immigration in a rational way".
Jul 06 2018
His Montana rally reveals Trump’s emerging midterm campaign strategy
Trump and Warren have waged repeated Twitter wars over the past two years, which seem to play well with their partisan bases. Trump said Kennedy had chose to leave the High Court because he knew the president would pick a stellar replacement.
Jul 06 2018
Sweden’s WAGS will stay at the same hotel as the ENGLAND team
Eric Dier has paid tribute to England's fans at home and in Russian Federation , as the Three Lions gear up for Saturday's World Cup quarter final with Sweden .
Jul 04 2018
A Favorite Has Emerged For Soon-To-Be Free Agent Dwight Howard
Clearly there is no rush for him to take the Lakers , one of the NBA's most storied franchises, from a low ebb to a title. Smith, Iman Shumpert, and Timofey Mozgov months into the 2014-15 season when the team got off to a slow start.
Jul 03 2018
Celebrities welcome LeBron James to the Los Angeles Lakers
Caldwell-Pope, who's represented by the same agent as LeBron, spent last season in L.A. and will re-sign on a $12 million deal. Only the two-time defending champion Golden State Warriors have better championship odds than the Lakers at the Westgate.
Jun 29 2018
Germany is the third straight World Cup holder to exit early
In the other game in the group, leaders Mexico keep an unchanged team from the side that defeated South Korea in the second match. South Korea then stunned the world by defeating Germany 2-0 with two goals in the final minutes of the game.
Jun 29 2018
Facing Cuomo, Cynthia Nixon looks to Ocasio-Cortez win for inspiration
If she wins the reliably Democratic district in November, it will make her the youngest woman ever elected to Congress. Her win against Crowley will have given fresh hope to Bernie Sanders supporters expecting him to stand in 2020.
Jun 28 2018
Debate over migrants divides European Union
Another vessel, Lifeline , is now stranded with about 230 people on board after both Italy and Malta denied it permission to dock. At the meeting, Italy came up with a 10-point plan and said the burden of migrants had to be shared by all member countries.
Jun 28 2018
LeBron James’ son likely to enroll in L.A. high school
The Boston Celtics , Cleveland Cavaliers , Philadelphia 76ers and Los Angeles Clippers have reportedly made offers for Leonard. The Lakers believe that landing Leonard could help them attract free agents like LeBron James and Paul George this offseason.
Jun 25 2018
House rejects conservative immigration bill, delays vote on second measure
Trump tweeted that Republicans should wait until after the November elections before taking up any immigration legislation. However, the bill did receive 193 votes despite little whip support from House Republican leadership.
Jul 02 2018Mexico leftist vows no tolerance on corruption after historic win
Jul 02 2018Massive brawl breaks out during Australia-Philippines basketball game
Jul 02 2018Coast Guard searching for cruise ship crew member reported overboard near Cuba
Jul 01 2018Germany eliminated from the World Cup
Jun 30 2018FIFA to review fair play tiebreaker but unlikely to change
Jun 30 2018England were not aiming for victory against Belgium - Southgate
Jun 28 2018Late-night TV hosts team up for comic response to Trump comments
Jun 26 2018El-Hadary: I apologise to Egyptian fans
Jun 26 2018Thunder have increased ‘optimism’ toward re-signing Paul George
Jun 26 2018Suns and rookie Elie Okobo agree to four-year contract, per report
Jul 06 2018Schumer suggests longest shot ever for Supreme Court
Jul 05 2018Park Sung-hyun Wins 2nd LPGA Major in Dramatic Fashion
Jul 05 2018Thibaut Courtois mocks Jordan Pickford for being too short
Jul 05 2018Samsung Galaxy J3 (2018), Galaxy J7 (2018) With HD Displays Launched
Jul 04 2018George commits to sign deal to stay in OKC
Jul 03 2018Brazil beat Mexico 2-0 to reach quarter-finals
Jul 03 2018NBA Free Agent Rumors: Julius Randle Agrees To Contract With Pelicans
Jun 30 2018Messi to have view of giant Ronaldo mural from Argentina's team hotel
Jun 29 2018England's game v Colombia 'biggest knockout game for decade'
Jun 28 2018#JusticeForJunior: Lala Anthony & Carmelo Anthony Visit Lesandro 'Junior' Guzman-Feliz's Family
Jun 26 2018Strange Lump Moving Around Woman's Face Was A Parasitic Worm
Jun 25 2018Lewis Hamilton wins French Grand Prix