Oil prices rise after 6% plunge, but market on edge
21 November, 2018, 15:05 | Author: Sara Gill
"We are now trading the January 2019 WTI Crude Contract on the Globex-Nymex exchange as today is the last trading day for the December 2018 futures contract", John Thorpe, a commodity broker at Los Angeles-based Cannon Trading, told UPI.
Crude imports in October climbed 10.5 percent from a year earlier to 21.02 million tonnes, the highest monthly import figure in PPAC data going back to April 2011. The global benchmark fell as much as 7.6 per cent to $61.71, the lowest since December 2017.
"For the time being it's more about risk", said Jim Ritterbusch, president of Ritterbusch and Associates.
The S&P 500 hit a three-week low on Tuesday as weak results and forecasts from big retailers fanned worries about holiday season sales, while tech stocks continued to slide on concerns about iPhone sales.
Brent crude sank to little more than $62 a barrel, its lowest level since last December.
Global stock markets have slumped in the past two months on worries about corporate earnings, rising borrowing costs, slowing global economic momentum and trade tensions.
Trump said he won't let the murder of journalist Jamal Khashoggi jeopardize USA relations with the Saudis as oil prices may "go through the roof" if the partnership between the two nations breaks.
Amid the uncertainty, financial traders have become wary of oil markets, seeing further price downside risks from the growth in US shale production as well as the deteriorating economic outlook.
Oil markets have been concerned about potential supply disruptions amid heightened tensions between the United States and Saudi Arabia over the killing.
Sessions had been recused from overseeing the Russian Federation investigation because of his role as a Trump campaign surrogate. The Counsel says the appointment of has no affect on its investigation, according to a brief filed with a D.C.
Firefighters were racing against time with winds up to 40 miles per hour and low humidity expected Saturday night into Sunday. The dramatic rise in those unaccounted for came after authorities combed through a week of 911 calls and incident reports.
We shared it earlier today and highlighted a lot of the great deals that will be available before Black Friday even gets here. More importantly, this is the first sale we've ever seen on Amazon's just-released Fire TV Stick 4K.
Roshen Silva top-scored with 85 and enjoyed support from fellow half-centurions Dimuth Karunaratne and Dhananjaya de Silva . England played the same XI that won in Galle by 211 runs last week. "Getting close to 300 was massive for us".
But while the letter indicates that Pelosi has a math problem, there are already signs she may be able to overcome the opposition. There are only sixteen signatures, including newsworthy newcomers like Anthony Brindisi of NY and Joe Cunningham of SC .
You can save $100 on any bundle the company offers, including the $350 Creed: Rise to Glory bundle you can now get for $250. So you're essentially getting a $100 discount on both of these consoles, and all you have to do is decide which one to get.
If Rice actually moves forward, she would be the first woman to interview for an National Football League head coaching job. She played an integral role with the College Football Playoff selection committee from 2013 to 2016.
The company said its internal investigation also found Ghosn had used company assets for personal purposes. Nissan said it was providing information to the prosecutors and cooperating with their investigation.
Qassam members discovered the vehicle and chased it, prompting Israeli airstrikes that killed several people, the group said. The area is on a knife's-edge, with reports of an impending cease-fire alternating with warnings of imminent war.
Jarryd Hayne arrested over sexual assault allegations
Hayne's future in the NRL was already in limbo with the off-contract star yet to be offered a new deal by the Parramatta Eels. Hayne was placed in police custody on Monday afternoon before being granted bail at 2am on Tuesday morning.
Teen survives dramatic racing crash at 170 miles per hour
Floersch has a spinal fracture, according to a medical report released by her team, the Netherlands-based Van Amersfoort Racing. Renault Formula 1 junior driver Sacha Fenestraz took his place on the podium after he crossed the line in third spot.
Google finally launches Night Sight for Pixel cameras
The UK mobile network is throwing in a Google Home Mini smart speaker with the Pixel 3 as part of its pre-Black Friday sales. If there's no motion and the shake is less, "Night Sight" will take more time to capture an image and denoising it.
Rep. Kevin McCarthy says GOP has " a lot of room to grow"
He said House Republicans will cooperate with Democrats as long as the new majority shows it is serious about governing. But since his election, he has changed course, saying instead the money must come from Congress and US taxpayers.
North Korea flexes muscle with arms test
Weeks after the summit, North Korea returned the remains of dozens of presumed USA soldiers killed during the 1950-53 Korean War. The test was successful and the weapon could protect North Korea like a "steel wall", KCNA, the North Korean news agency, said.
Staggering Stats Of Camp Fire’s First Day
The blaze also forced the partial evacuation of Malibu, a city of about 13,000 people that is home to many Hollywood celebrities. Fueled by high winds and low humidity, the fire has placed millions of people under red flag warnings .
Lidl MOCK John Lewis advert with HILARIOUS tweet
Sir Elton John has taken a starring role in John Lewis's Christmas advert in a touching retrospective of his career. Christmas ads have become the UK's version of the Super Bowl with John Lewis frequently setting the benchmark.