U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 11.5 million barrels from the previous week. At 429.9 million barrels, U.S. crude oil inventories are at the five year average for this time of year. U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending …
Continue reading “EIA Weekly Petroleum Data for the week ending December 27, 2019”
SYDNEY (Bloomberg) – U.S. stock-index futures fell after a U.S. airstrike near Baghdad international airport killed a top Iranian commander. S&P 500 Index futures contracts expiring in March retreated as much as 0.7% after the attack that killed Qassem Soleimani, the Iranian general who led the Revolutionary Guards’ Quds force. Dow Jones Industrial Average contracts …
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Pentagon says strike carried out to protect troops in Iraq; IRGC also confirms powerful Quds force leader killed; Trump tweets picture of American flag with no explanation The US Department of Defense confirmed late Thursday that it had carried out an airstrike in Baghdad to kill powerful Iranian general Qassem Soleimani and the head of …
Continue reading “US confirms Trump ordered deadly strike on Iran’s Soleimani”
President Donald Trump’s killing of one of Iran’s top military commanders means the elimination of a dangerous U.S. foe – but it also represents a risky escalation in a volatile feud that could backfire on U.S. personnel and allies in the Middle East and beyond. The Pentagon confirmed Thursday that Qassem Soleimani, who leads Iran’s …
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MOSCOW (Bloomberg) – Russia’s crude oil and condensate output hit a post-Soviet high last year even as it curbed production under an agreement with OPEC. The 11th consecutive year of output growth underscores the reality of Russia’s cooperation with the Organization of Petroleum Exporting Countries. Despite being one of the architects of the original 2016 …
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Platinum prices rose on Monday jumping nearly 2% to achieve a three-month high, topping the $1900 per ounce valuation.
Russian oil exports rose by 3.3% in 2019 comapred to 2018, Moscow’s Central Dispatching Department of Fuel Energy Complex said in a statement on Thursday. Exports to the Commonwealth of Independent States (CIS) declined 2.4% to 17.6 million tonnes while exports to non-CIS countries increased by 3.7% in 2019 compared to the previous year. Russia …
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He was once a titan of the car industry who held hero status in Japan. He then became one of the country’s most well-known criminal suspects. Now he’s an international fugitive. Carlos Ghosn, the multi-millionaire former boss of Nissan, spent months preparing to stand trial on financial misconduct charges. At least, that was what the …
Continue reading “Carlos Ghosn: How did the Nissan ex-boss flee from Japan?”
Luxurious doomsday-proof bunkers are becoming more alluring to the ultra-wealthy as they fight to get their hands on the $4.5million post-apocalyptic homes fitted with swimming pools, shooting ranges and dog parks The rich and famous are preparing for the worst and vying to get their hands on doomsday-proof bunkers Larry Hall is the brainchild behind …
Ayatollah Khamenei hits back at Donald Trump after the president threatened to make him pay a ‘big price’ for US embassy attack Khamenei strongly condemned US airstrikes on Iraq which killed 25 militants from Kataeb Hezbollah on Sunday night and refurted Trump’s claim that Iran ‘orchestrated’ yesterday’s embassy assault in Baghdad Thousands – many of …
Continue reading “‘You can’t do a damn thing!’ Iran’s supreme leader”