Oil Prices Barely Budge
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Oil rises after Ukraine strikes Russian refineries, Moscow orders output cuts to meet OPEC+ pledge
At least 10% of Russia's refining capacity has been disrupted by the attacks, according to British intelligence.CNBC - Business - Ukraine -
Oil prices slip on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.CNBC - Business -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Oil prices remain steady as investors weigh supply outlook
Oil futures were little changed on Tuesday, consolidating after bumping higher in the previous session on worries over the global supply outlook.MarketWatch - Business -
Oil prices end lower, with weekly U.S. crude supply up over 3 million barrels
Oil futures declined on Wednesday but settled off the session’s lows after official U.S. data revealed a weekly increase in crude inventories that was smaller than what was reported by an industry trade group.MarketWatch - Business -
Oil Prices Rise, Bouncing Back from Wednesday's Losses
Oil prices rose despite a surprise build in U.S. crude inventories last week.The Wall Street Journal - World -
Oil prices bounce higher, on track for solid quarterly gains
Oil futures rose Thursday, on track for solid quarterly gains.MarketWatch - Business -
Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
Oil could trade near $100 this year. Here’s what could drag prices back down.
Russia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction may play a part in dampening price prospects, said analysts at J.P. Morgan.MarketWatch - Business -
Warriors-Magic barely started and Draymond was ejected
Stephen Curry appeared to fight tears as he reacted to the ejection.Yahoo Sports - Sports -
‘We’re barely hanging on’: England’s cultural jewels fall into the red
New arts lobby group says plight that hits even top bodies such as Royal Shakespeare Company makes entire country poorer. The vast majority of England’s biggest subsidised cultural institutions are now operating at a loss, including many ...The Guardian - World -
The Oil Weapon Against Moscow
In 1986 the U.S. and Saudi Arabia raised production. That move contributed to the Soviet collapse.The Wall Street Journal - World -
Royal duty should never include the cruel obligation to bare all about illness | Rachel Cooke
Cancer was once unmentionable. But for the Princess of Wales, the new requirement for openness risks turning into ugly curiosity. It may be that privacy has always been a relative concept, but in an age when its gradations grow ever crazier, their ...The Guardian - World -
Who killed Marielle Franco? Arrests lay bare nexus of politicians, police and paramilitaries
Brazilians shocked to find the man charged with investigating the city councillor’s assassination was one of its alleged engineers. More than a decade has passed since Rio’s homicide chief sat down for an interview with the city’s bestselling ...The Guardian - World -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
Oil Gains on Heightened Geopolitical Risks, Supply Concerns
Oil futures were higher in European trade, on signs of tightness in the market and growing geopolitical concerns and despite a stronger dollar.The Wall Street Journal - World -
Oil Inches Lower With Focus on Geopolitical Risks, OPEC+ Policy
Oil prices inched lower after the UN passed a resolution calling for an immediate ceasefire in Gaza and OPEC+ delegates reportedly said they see no need to change supply policy at a review meeting next week.The Wall Street Journal - World -
Why Palm Oil Is Still a Big Problem
The ubiquitous ingredient contributes to the loss of tropical forests.The New York Times - Top stories -
Fight for justice decades on from oil rig disaster
On a stormy night 44 years ago, 123 men were killed when their accommodation capsized in the North Sea.BBC News - Top stories -
U.S. Housing Prices and the War on Realtors
Which cartel is the real problem?The Wall Street Journal - World -
Legoland and Madame Tussauds owner to roll out surge pricing
Merlin Entertainments plans to introduce dynamic pricing to offset decline in visitors since pandemicFinancial Times - Business -
Energy prices could vary at different times of day
Ofgem launches early discussions about a "dynamic" price cap that changes as consumers became more flexible.BBC News - Top stories -
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Congestion Pricing Is a Victory for Millions of Transit Riders
Opposition from New York’s car culture remains shortsighted.The New York Times - Top stories -
As Easter Approaches Egg Prices Remain Exceptionally High
Bird flu, weather and inflation conspire to make consumers shell out more for a basic foodstuff.Inc. - Business -
Katie Price warns about 'damaging' plastic surgery
The model says women have cosmetic procedures younger than she did, and they all look like "aliens".BBC News - Top stories -
BOE Flags Risk of Sharp Correction in Asset Prices
The Bank of England warned that investors may be too complacent about the challenges facing the global economy, with the result that there is an increased risk of a “sharp correction” in asset prices.The Wall Street Journal - World -
Dollar Tree to raise prices again in 2024
Shoppers at Dollar Tree could soon end up with sticker shock.The Hill - Politics -
The Awesome Lego Optimus Prime Is On Sale For A Stellar Price
Lego Optimus Prime from Transformers is discounted to $144 at Amazon. That's 20% off this awesome building set's $180 list price, which matches last year's Black Friday deal. We wouldn't be surprised to see this offer sell out quickly. Amazon ...GameSpot - Tech -
Climate graphic of the week: World’s worst hotspot for oil pollution by ships
Satellite detection shows Indonesia suffers the most slicks tracked in busy waterwaysFinancial Times - World - Climate -
Sinopec’s profit fell in 2023 amid oil market volatility
The company said it expects international oil prices to “fluctuate at medium to high levels” in 2024.MarketWatch - Business -
Libya to investigate claims oil smuggling is fuelling Sudan civil war
Authorities to launch inquiry into allegations of mismanagement at country’s national oil corporation. Libyan authorities have said they will investigate allegations of wholesale mismanagement in the country’s National Oil Corporation, with ...The Guardian - World -
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Russia supplies oil to North Korea as UN sanctions regime nears ‘collapse’
Satellite images shared exclusively with the Financial Times point to ‘arms-for-oil’ trade between Pyongyang and MoscowFinancial Times - World - North Korea -
FirstFT: Xi meets American CEOs as businesses seek to mend China ties
Also in today’s newsletter, Trump’s Truth Social surges on stock market debut and Baltimore bridge collapse explainedFinancial Times - World - China -
Oil Futures Fall as Investors Watch Mideast Tensions, OPEC Moves
Oil futures fell in early Asian trade as the market contemplated ongoing geopolitical tensions and OPEC cutbacks.The Wall Street Journal - World -
U.S. Crude Oil Inventories Rose by 3.2 Million Barrels Last Week
U.S. crude oil inventories increased last week by 3.2 million barrels last week, along with gasoline stocks as refiners stepped up their capacity use.The Wall Street Journal - World -
Surge of new US-led oil and gas activity threatens to wreck Paris climate goals
World’s fossil-fuel producers on track to nearly quadruple output from newly approved projects by decade’s end, report finds. The world’s fossil-fuel producers are on track to nearly quadruple the amount of extracted oil and gas from newly ...The Guardian - World - Climate -
New oil and gas projects expected to grow despite IEA warning
New oil and gasfields are expected to grow fourfold by the end of the decade, according to a new trackerFinancial Times - Business -
China’s ecommerce groups make inroads in South Korea with lure of low prices
AliExpress and Temu are undercutting domestic competition and US rivals in world’s fourth-largest online shopping marketFinancial Times - Business - China