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U.S. crude oil inventories are still above historic norms — CHART

US West Texas Intermediate futures settled 26 cents or 0.55 per cent lower at US$47.40. The EIA also said it sees OPEC oil production averaging 32.3 million barrels per day this year and 32.8 million barrels per day in 2018. With Saudi Arabia remaining the de facto leader and the largest producer in OPEC , any change in Qatar's production, whether a reduction or increase, will only have a limited impact on the fundamentals of supply and demand.

Business

Sean Spicer Admits That Trump's Tweets ARE Official Presidential Statements

President Donald Trump on Friday broke his silence on Twitter following explosive testimony by fired FBI Director James Comey , declaring "total and complete vindication". Comey said he leaked information partly in response to a Trump tweet in which the president appeared to threaten him and suggested there might be tapes of their conversations.

Business

Health of Nashville defenceman Ryan Ellis still in question

Jake Guentzel gets an honorable mention, but Sid is doing the heavy lifting on that line and he disappeared for an entire series to the point where he was nearly a healthy scratch. Crosby and Subban haven't shared much ice time at even strength in the series, directly opposing each other for less than 22 minutes. The franchise has won all four of its Cups on the road.

Business

'Will Trump Regret This?' President Vows to Testify Under Oath

This sends a clear message that Republicans are willing to share fake news and risky narratives in their quest to deny Russian interference in our elections. The President himself accused Comey of lying and leaking Friday on Twitter. "What's most important is that investigators in the Senate and at the Department of Justice get all the facts and find the truth", Murphy said.

Business

Donald Trump Woke Up and Had Some Name Calling for Breakfast

Comey said Friday that he gave the friend - later identified as Daniel Richman , a longtime Comey confidante and Columbia University professor - the information after Trump tweeted that he may have tapes of his conversations with the fired Federal Bureau of Investigation director.

Business

Jammu and Kashmir: 13 militants killed in 96 hours, says Army

Indian troops have launched relentless operations all along the LoC. A trooper was also killed in Nowgam sector fighting militants, the officials said. "Explosives, inflammable material and arms and ammunition recovered from the intruders indicate Pakistan's designs to orchestrate high-profile terror incidents targeting innocent civilian population and security forces during the holy month of Ramadhan", the statement said.

Business

Sells 1390 Shares of UnitedHealth Group Inc (UNH)

The stock has "Overweight" rating by JP Morgan on Wednesday, September 16. The firm has "Neutral" rating given on Monday, November 7 by Citigroup. Goldman Sachs downgraded Vermilion Energy Inc (NYSE:VET) on Thursday, November 5 to "Sell" rating.

Business

Sterling stunned by United Kingdom election shock, stocks wait for more results

The initial exit poll gave the first warning sign that the Conservative majority that May was seeking was likely to be non-existent and as the night progressed, the prospects of a hung parliament increased. The safe-haven Japanese yen edged higher on risk aversion to reach 109.88 per dollar JPY=. "Market worries will primarily be expressed in currencies", said James Butterfill, head of research and investment strategy at ETF Securities, referring to the FTSE 100.

Business

Moscow 'ready' to help resolve Gulf crisis

Qatar has denounced the allegations and received backing from its close ally Turkey, whose parliament approved the deployment of troops to defend the emirate. Erdogan dismissed a "blacklist" drawn up by the Arab countries opposed to Qatar and targeting certain Qatari-backed organizations as sponsors of terrorism.

Business

Family of London attacker Khuram Butt 'appalled' at terror acts

Shortly later, the lifeless bodies of the attackers are seen on the pavement. The prosecutor said Italy had lacked the evidence to prosecute Zaghba, but had warned Britain about him. Authorities said he aroused suspicion because he tried to board a flight to Turkey with a one-way ticket and a small backpack. "We're pushing the British authorities because, frankly, this isn't the kind of thing that can go on and on", Spanish Foreign Minister Alfonso Dastis told the news agency Efe ...

Business

Who do you believe, Comey or Trump?

Trump wouldn't rule out a previous claim that there may be tapes of his conversations with Comey . CNN's Wolf Blitzer asked Sen. "There was not a counterintelligence investigation of Mr. "We absolutely have a right to know if there are tapes", she said. It was a a deja vu moment for many who remember how the revelation of the Nixon White House tapes fueled the Watergate investigation so many years ago.

Business

Cavaliers didn't want Warriors celebrating in Cleveland

That taste wouldn't have been the same if we would have lost tonight and they would have celebrated on our home floor. "We're going to keep scrapping". If you give a team that kind of confidence, it snowballs". You got the game fucked up with that one. Kevin Love added 23 points for Cleveland , which made 24 three-pointers and finished the first half with a jaw-dropping 86 points.

Business

Trump Claims 'Vindication' After Comey Rakes Him Over Coals

Comey did not have to tell the Senate Intelligence Committee that he had leaked his memo to the press to make sure a special counsel was appointed. The ex-director's statement deepened questions about the basis for his May 9 dismissal and about whether Trump's actions constituted obstruction of justice.

Business

Halep misses another chance to win Grand Slam title

Two years later, in 2009, she would win the Open 10-12 in the 12-year-old category, at the Tennis Club de Boulogne Billancourt, a stone's throw from Roland Garros , joining Amelie Mauresmo and Justine Henin on the list of winners. Halep finished off the game in a lengthy rally with Ostapenko committing another unforced error to lead 5-4. "I still have to improve some things and to get better as player".

Business

London attack 'ringleader' tried to rent larger truck

According to BBC, the 7.5-tonne truck which they had rented was not picked because of payment issues, which prompted them to use a smaller van from a DIY store instead to carry out the attack . Police appealed for any information around the knives - where they came from or where they were bought. Police raided Redouane's small residence on Tuesday and said he had been renting it since April.

Business

Iran's Khamenei says attacks will increase hatred toward USA and Saudi Arabia

The U.S. offered its thoughts and prayers to the Iranian people following the attacks, State Department spokeswoman Heather Nauert said . The Tehran Security Council had convened an emergency meeting after two terror attacks occurred on the Iranian Parliament and Imam Khomeini Mausoleum respectively on Wednesday.

Business

Oil subdued as rising United States output undermines Opec effort to cut supply

It's no wonder, then, that global oil prices have remained subdued and even announcements like the 6.4-million-barrel draw in U.S. oil inventories that the EIA announced yesterday have failed to have any impact. US West Texas Intermediate futures were at $47.90 a barrel, up 24 cents, or 0.5 per cent. Last week, the group along with Russian Federation - which isn't part of Opec - chose to extend the agreement for a further nine months until March because the oil market had so far failed ...

Business

Sailing: Japan knocked out in America's Cup semifinal

The final race against Artemis Racing today had SoftBank Team Japan fans glued to the screen all around the world as the team trailed going in 3-4 thru the first-to-five series. Outteridge's tumble was the latest mayhem in the challenger series. The teams split tacks on the first beat, Artemis going left and Team New Zealand right.

Business

British police name third man involved in London Bridge attack

The announcement came a day after London's Metropolitan Police Service named two other men as attackers: 27-year-old Khuram Sharzad Butt, a British citizen born in Pakistan, and 30-year-old Rachid Redouane , who "claimed to be Moroccan and Libyan".

Business

Ariana Grande's Manchester benefit show sells out in minutes

The concert, which will also feature performances from Justin Bieber , Miley Cyrus , Take That and Niall Horan of One Direction , is set to take place this Sunday at Emirates Old Trafford cricket ground. Some also reported the Ticketmaster website crashed when they attempted to get their tickets. Some tickets for the concert were reserved for fans who were there when Manchester Arena was bombed just after Grande finished performing on May 22.

Business

Pakistan, Russia agree to transform ties into substantive economic partnership

Xi also stressed the need to develop the Bangladesh, China , India and Myanmar corridor, one of the six components of Beijing's One Belt, One Road project. President Jinping said China and India, as the two largest developing countries in the world , should focus more on cooperation, advance side by side, lend support to each other's development, uphold world peace and promote common development.

Business

Trump, finally, says he commits the United States to North Atlantic Treaty Organisation mutual defense pact

But the president accusing the former FBI director of a felony is sure to pique the interest of Special Counsel Robert Mueller , whose investigation into possible collusion between the Trump campaign and Russian Federation is picking up momentum .

Business

Comey testimony watched by an estimated 19.5 million viewers

Comey . Comey also said Trump told him during a one-on-one dinner on January 27 that he needed "loyalty". He also claimed that Mr Comey's comments to the Senate Intelligence Committee failed to prove any collusion between the Trump campaign and Russian Federation.

Business

Trump affirms commitment to NATO's Article 5

Amid worries by Washington's European partners that the U.S. leader had not fully bought into the Atlantic alliance, Trump told reporters: "I'm committing the United States to Article Five". So I said, do we ever go back and say how about paying the money from many , many years past?Now, I know no president has ever asked that question, but I do", he said, "We're going to make North Atlantic Treaty Organisation very strong.

Business

United Kingdom prime minister's top aides resign after election fiasco

But after meeting with the queen , Theresa May insisted she will carry on. "They want to send this country back 50 years but I want us to go forward into the future not backwards". I wouldn't go that far at this stage, but I think life is going to become very hard for Theresa May and the euro skeptics who want Britain to pull out of the European Union.

Business

Were Analysts Bearish Valero Energy Partners LP (NYSE:VLP) This Week?

It has underperformed by 1.41% the S&P500. The stock of Marathon Oil Corporation (NYSE:MRO) is a huge mover today! 341.48 million shares or 0.17% less from 342.05 million shares in 2016Q3 were reported. Oracle had 50 analyst reports since July 30, 2015 according to SRatingsIntel. Morgan Stanley initiated Valero Energy Partners LP (NYSE: VLP ) on Thursday, February 25 with "Overweight" rating.

Business

Berenberg Bank Boosts Pearson plc (PSON) Price Target to GBX 605

Topeka Capital Markets maintained Ambarella Inc (NASDAQ:AMBA) on Friday, December 4 with "Buy" rating. The Company's solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies. (NASDAQ:MYGN). Wasatch Advisors owns 12,100 shares. MBIA Inc had 5 analyst reports since August 7, 2015 according to SRatingsIntel. Federated Investors Pa has 0% invested in MBIA Inc.

Business

Who are the DUP? 5 key things you should know

Timothy and Hill had worked for May when she was interior minister, before she became premier in July past year in the chaotic days that followed the Brexit vote. The Lib Dems gained three seats, holding a total of 12. That calculation backfired spectacularly on Thursday as voters stripped the Conservatives of their parliamentary majority.

Business

Ariana Grande's Manchester benefit concert sells out within 20 minutes

Tickets to this Sunday's One Love Manchester scheduled benefit concert went on sale at 10:00 a.m. United Kingdom time - and sold out in six minutes flat. Some tickets to the concert were being resold on secondary ticketing sites and on eBay, but organizers were working to void those ticket. Around 45,000 tickets were gone just moments after they went on sale at 10 a.m United Kingdom time, the twitter site for the concert confirmed.

Business

Trump talks tough on Qatar

New Delhi asked its citizens in Qatar and other Gulf countries to keep in touch with embassies and consulates of India for assistance in case of any eventuality. India on Saturday said it is closely monitoring the situation in the Gulf where several countries led by Saudi Arabia have cut off diplomatic ties with Qatar and that the countries have assured continued support for the welfare and well-being of the Indians living there.

Business

Old Apps at Risk with Apple iOS 11 Update

But now the time feels right for Apple , and it's offering a new set of tools in the coming macOS Sierra software that it says will let developers connect VR headsets and create 3D and VR content. Contacts can receive an automatic reply saying that you are driving and will get back to them once you arrive. Apple has also introduced a new Location Services Setting means users can restrict apps so that they can only access location status when the app is actually in user.

Business

Pound dives on fears United Kingdom election may produce no clear victor

At 1.15pm, the United Kingdom currency was down around 1.6 per cent at around $1.29 against the USA dollar and had lost 1.26 per cent against the euro to trade at over 87.6p. Investors worry that a minority Conservative government would be weaker in Brexit talks, which start on June 19 and are to last for at least the next two years.

Business

Comey's Passion Play: The Former FBI Director Should Have Resigned

Angus King, I-Maine, who brought up the fact that Trump had told NBC's Lester Holt that Comey had initiated the dinner in question because he wanted to keep his job. Separately, the Senate Judiciary Committee has asked Columbia Law School professor Daniel Richman to turn over his copies of Comey's memos about his meetings with President Trump.

Business

Trump wages battle against regulations, not climate change

The resolution says the state is projected to lose 11,000 outdoor recreation jobs and $281 million in labor earnings in recreation and tourism by 2050 as a result of climate change, and that the city is being directly threatened as well. By declaring that " we are still in ", the signatories are putting the best interests of their constituents, customers, students and communities first while assuring the rest of the world that American leadership on climate change extends well beyond the ...

Business

Uber dismisses over 20 employees after law firm's probe

Uber fired over 20 employees based on the results of the investigation , a source confirmed to CNN Tech. Not all these claims involved sexual harassment - they also included retaliation, discrimination and other issues. 2017 has been a bad year for Uber's public image, with near-weekly news reports on the company's litigation and regulation troubles . Uber was rocked by the allegations in February.


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