Oil ministers of Opec-non Opec countries at the fourth ministerial monitoring committee meeting in St Petersburg
17 August, 2017, 13:58
Meanwhile, data showed gasoline and distillate inventories rose.
USA crude oil inventories fell for the seventh consecutive week in their largest drawdown in almost a year while exports and production continued to rise, the Energy Information Administration (EIA) said August 16.
New York's NYMEХ (New York Merchantile Exchange) is a U.S. futures market founded in 1882.
The report also had bearish elements, as 2.5 million barrels of the draw was on the West Coast, somewhat limiting the market impact of the drop, said David Thompson, executive vice-president at Powerhouse, an energy-specialized commodities broker in Washington. If that is replicated in government data on Wednesday, it would be the largest drop in nearly a year. Because of this, I remain optimistic for the U.S. dollar and think that we are starting to see a turnaround, least against some of the commodity currencies and especially against Canada which has a whole host of its own issues, not the least of which is housing and crude oil prices. "More bullish catalysts will be needed if the oil market is to extricate itself from no man's land".
West Texas Intermediate for September delivery rose 4 cents to $47.59 a barrel at 10:41 a.m. on the New York Mercantile Exchange.
The American Petroleum Institute also reported a fall in United States crude stocks by 9.2 million barrels in the week ending 11 August, reaching a total of 469.2 million barrels. Total volume traded was about 9% below the 100-day average.
Crude prices fell on Tuesday-despite an export terminal closure in Libya on the back of worker protests-on weakening China demand. Brent Crude Oil price at London's IСE Stock Exchange down by 1.08% to $50.52 per barrel. The global benchmark crude traded at a premium of $3.20 to October WTI.
Oil futures rebounded some in Asian trading after fresh USA selling overnight as weekly output neared 2015's peak last week.
The report came after US Secretary of Defense James Mattis warned that if North Korea fired on US territory it would be "game on". Its state-run news agency reported that North Korea's army "will complete its plan to hit Guam before mid-August.
The charity's Zynab Kamara said: "In almost a decade of working on humanitarian response I've never witnessed anything so tragic". The government summoned families to the morgue and said all unidentified corpses would be buried on Thursday and Friday.
Sierra Leone President Ernest Bai Koroma told media the devastation was "overwhelming" the country, and called for global aid. The mortuary at Connaught Hospital has been overwhelmed by the number of dead, with bodies spread out on the floor.
At a recent demonstration in New York , Qualcomm showed off three new camera technologies for their Spectra Module Program. Not only will it require powerful hardware, but OEMs will also have to license this technology from Qualcomm .
Chairman of the health committee Senator Lamar Alexander (R-TN) announced he'd start holding hearings on September 4. But there are still things the administration can do - and is doing - to undermine the health insurance markets.
The NTSB has been working closely with the Virginia State Police and appreciates its efforts to support the NTSB investigation . According to a release, the helicopter was heading north-northeast at an altitude of 2,300 feet shortly before the crash.
However, despite showing glimpses of his quality, Defour only made 16 Premier League starts, only one of which came after January, when the midfielder had offered no guarantees about his long-term future at Turf Moor.
Likewise, the Allo support page for the web client is also not live yet, also giving a "Sorry, this page can not be found" error. With your phone, you scan the unique code that's displayed on the Allo website , which will pair your app with the computer.
Lenarduzzi was managing the Vancouver 86ers of the Canadian Soccer League when the USA was awarded the 1994 tournament in 1988. Next month, a shortlist of cities that will be part of the bid will be announced, before the bid is submitted in March, 2018.
Malala secures Oxford University place
Announcing the news on Twitter, Malala wrote: "So excited to go to Oxford!" Oxford's academic year begins in October. PPE is a multi-disciplinary course - students take modules in the three separate branches at once.
Cisco Systems, Inc. Q4 F2017 Earnings Send Shares Lower
Also, SVP Rebecca Jacoby sold 92,840 shares of Cisco Systems stock in a transaction that occurred on Wednesday, June 14th. Cisco CSCO, +0.78% shares fell 2.44% after hours, while the S&P 500 Index SPX, +0.14% closed up 0.14% in regular trading.
Uber defies Philippine suspension order
Uber issued an email to users informing them of the suspension, entitled "we'll be serving you again soon". Uber recently said it had 67,000 drivers in the Philippines.
Trump says Kim made 'wise and reasoned' decision
Lobbing missiles toward Guam, a major USA military hub in the Pacific, would be deeply provocative from the US perspective. The United States would "take out" any seen to be heading for American soil.
Home Depot Q2 2018 earnings
Green Valley Investors Limited invested in 3.75% or 533,115 shares. 319,243 were reported by Wells Fargo And Company Mn. The Wall Street expected the share prices to reach $2.22 per share but the company managed to reach to $2.25 per share.
Missing woman found alive after weeks in woods
By the time she was found, Theris had lost 22.6 kilograms and was covered in scratches (pictured) and bug bites. According to investigators, Theris' family last heard from her on July 18 and reported her missing on July 23.
Several Feared Killed As Boko Haram Strikes Konduga
Northeast Nigeria is a hotbed of activity by the Boko Haram jihadist group, involving shootings, bombings and kidnappings. Boko Haram has killed more than 20,000 and displaced 2.3 million people in its attacks since 2009.