This week, crude oil prices experienced significant volatility driven by a mix of geopolitical tensions, supply disruptions, and economic concerns. The market's direction was heavily influenced by events in the Middle East, fluctuations in U.S. economic data, and ongoing issues in Libya, culminating in a mixed outlook by week's end. Mideast Tensions and Libyan Supply Disruptions Early in the week, crude oil prices surged by over 1% as tensions in the Middle East escalated, with fears that the ongoing... Читать дальше...
Libya has had the full attention of the oil markets all week, with the Haftar clan of the east blocking oil production to gain leverage over a battle to control the Central Bank, which controls the country’s oil revenues. The initial shutdown caused a surge in oil prices that were later tamed by a lower-than-expected draw on U.S. crude stockpiles in the weekly inventory report. By Thursday, Libya’s oil production was losing 700,000 barrels per day, from its 1.2 million bpd 2024 production. Output... Читать дальше...
AARON RAMSDALE has officially joined Southampton in a permanent transfer from Arsenal.
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What is the best time to drink coffee and how much of it should you have—nutritionists answer the question
Creators face a lot of challenges in the current AI era. Illustration software company Procreate wants to help its users avoid them by pledging never to use generative AI.
Anxiety can sometimes become overwhelming, affecting both physical and mental well-being. Photo: Shutterstock.com
Angelina Jolie stars as Maria Callas, the legendary Greek opera singer.
One of the strangest attractions to ever hit the fairgrounds, ‘Little Irvy’ left a big impression
The “Closing Time” hitmakers headline the Leinie Lodge Bandshell on the fair’s last two days, like some of their pals before them.
The commute between Brazil and Cameroon was shorter back then.
TotalEnergies makes what is likely the largest-ever purchase of carbon offsets from U.S. timberlands.
Archaeologists in Jerusalem say a relic could prove a bible character really existed - and offers insights into the multicultural holy city 2,700 years ago
The Labour MP reportedly suggested she got quicker hospital treatment because she backed a Gaza ceasefire.
Labor Day is the best opportunity for Americans to honor the valuable contributions that workers have made to the creation of our great and prosperous nation. Veterans, whom Donald Trump repeatedly disrespects, will have their chance for remembrance the week after Election Day on Nov. 11. The labor holiday marks the beginning of the end...
RMNs represent a powerful shift in the advertising paradigm.
How can we ensure that our admiration for visionary leaders does not blind us to the necessity of strong, ethical governance in pursuing innovation and success?
This ushers in a new era for personalized health monitoring.
The oldest rail line in the western US has gone electric, but data released suggest the old one used more fuel than giving each rider a Hummer. How can that be solved?
It took a shift in perspective for me to realize that promoting your business doesn’t have to feel like a hard sell—it can be an opportunity to connect and build lasting relationships.
Three greatest hits compilations by the band Queen appear on the U.K. charts this week, proving their immense popularity in the country.
KUALA LUMPUR: Striker Syafiq Ahmad is set to return to the Harimau Malaya team after a 17-month hiatus.
Читать дальше...Glynis Johns was buried in Burry Port after using the town for "respite" at the height of her fame.
The Penrith Panthers host the South Sydney Rabbitohs in Round 26 of the 2024 NRL Premiership at BlueBet Stadium, Penrith.
