Crude oil prices were under pressure this morning after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 1. This compared with a modest inventory draw of half a million barrels for the previous week and a crude oil inventory build for the week to November 1 as estimated by …
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Tropical storm Rafael has strengthened to hurricane intensity in recent hours and is still set to continue its path toward the U.S. Gulf of Mexico, where oil and gas producers have shut-in production at platforms and evacuated personnel to shore. The late-season hurricane could threaten about 4 million barrels per day (bpd) of oil production in the …
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President-elect Donald Trump said “God spared [his] life for a reason” during his victory speech at Trump Headquarters early Wednesday morning. Trump, who has been the target of two assassination attempts since July, shared his appreciation for a second presidency during his 25-minute speech from West Palm Beach, Florida. “Many people have told me …
Crude oil prices trended lower in midmorning Asian trade today, pressured by the first results from the U.S. elections and the latest weekly U.S. oil inventory report from the American Petroleum Institute. At the time of writing, Brent crude was trading at $73.68 per barrel, with West Texas Intermediate at $70.26 per barrel. Both were down …
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Republican presidential candidate Donald Trump is projected to have secured the electoral votes needed to become the next president of the United States, following his victory in the key battleground state of Wisconsin, Fox News reported. The state brought Trump an additional 10 electoral votes, raising his total to 277 and surpassing the 270 needed …
TRUUMP PULLED OFF THE IMPOSSIBLE He did the impossible. He got the whole enchilada. THE PRESIDENCY THE HOUSE THE SENATE
Shell, Chevron removing some staff from offshore platforms Rafael forecast to become category 2 hurricane at mid-week HOUSTON, A late season tropical storm predicted to intensify into a category 2 hurricane in the U.S. Gulf of Mexico this week could reduce U.S. oil production by about 4 million barrels, researchers said. Storm Rafael was in …
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The Iran-backed Islamic Resistance in Iraq said on Tuesday that it launched three drones toward Israel overnight, targeting Israel’s port city of Haifa. Meanwhile, the Israel Defense Forces (IDF) shared that it shot down a drone launched from the east, a term that the military usually use for attacks coming from Iraq. Additionally, the IDF …
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State’s six-week abortion ban seen as driving political shift Neither party has spent much in Iowa in presidential campaign “Don’t Sleep On Iowa,” is more than just a motto on her blue t-shirt, Iowa House Democratic leader Jennifer Konfrst shouted to Kamala Harris supporters gathered in the basement of a local party headquarters in Waukee. …
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An Israel Defense Forces (IDF) officer was arrested amid the investigation into the leaking of intelligence documents from Prime Minister Benjamin Netanyahu’s Office, which may have affected a hostage deal, Israeli media reported on Monday. On Sunday, the Rishon Le-Zion Magistrates’ Court revealed that it had arrested Eliezer Feldstein, Netanyahu’s media adviser, as a central …
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