Minister: Iraq to boost crude oil production by year's end
Crude oil prices staged a three-day rally last week amid expectations members of the Organisation of the Petroleum Exporting Countries (OPEC) and non-members such as Russian Federation would extend production cuts beyond June.
Iraqi Oil Minister Jabbar al-Luaibi in January said the country was "dealing wisely" with its commitments to OPEC.
When the oil cartel OPEC and 11 other non-member petrostates agreed last November to cut their collective output by 1.2 million bpd, traders anticipated a price rebound.
Libya's crude output increased on Monday after state-owned National Oil Corporation (NOC) lifted a force majeure on loadings of Sharara oil from the Zawiya terminal in the west of the country, sources familiar with the matter told Reuters. Oil prices have fallen about 10 percent this year as crude stockpiles in the US have since December grown by nearly 55 million barrels to 534 million barrels, the highest since 1929. The current deal, he said, "contains many positive elements and achieved a lot of targets; work is ongoing to reach the reduction of 1.8" million barrels per day (bpd) agreed by OPEC and 11 other nations including Russian Federation for their combined production in the first half of 2017.
Someone Redid That Pepsi Ad and Put Real Protesters in It
The company then pulled off the ad while Kendall Jenner also removed any mention of it that was done before from her social media. Apart from Madonna, a number of other famous people slammed Pepsi and Kendall Jenner for the inappropriate ad.
Border arrests drop to lowest in 17 years
Riverdale says the material can be manufactured up to 20 feet tall and installed up to 6 feet below ground, to prevent tunneling. According to Kelly, 1 million people come into the US every day, and nearly half of them are subject to device searches.
Manufacturing sector output for February 2017 down 2%
India adopted an inflation target of 4% last year for a five-year period with a 2 percentage point tolerance band on either side. The annual increase strengthened to 1.2% from 0.2% previously, although this was notably lower than the expected figure of 2.0%.
"Record imports are being driven by falling production, higher refinery runs, huge infrastructure and Strategic Petroleum Reserve builds", said Virendra Chauhan of consultancy Energy Aspects.
He did not mention, however, that Iraq has also vowed to boost oil production capacity to 5 million bpd before the end of this year and increase its reserves by 15 billion barrels in 2018, to reach 178 billion barrels. The conflict showed signs of calming in recent months, with oil output rising from as little as 260,000 barrels a day in August, according to data compiled by Bloomberg. "Today's pause may be significant in terms of market direction - we'll see what happens in Europe and the USA later today", said Ric Spooner, chief market analyst at Sydney's CMC Markets. Prior to last week's shutdown, output there was 220,000 barrels a day.
Benchmark Brent crude oil plummeted by 20 cents to $52.92 a barrel, while USA light crude oil also fell by 20 cents to reach $50.04, reported Reuters. The U.N. estimates that more than 3 million people have been forced from their homes since 2014.
Natural gas production was at 58.79 billion cubic metres (bcm) last month, or 1.9 bcm a day, versus 58.52 bcm in February. The reason for such action goes back to the rise in oil reserves of the United States on the basis of recent reports.
3rd round at Masters a day of wasted chances for McIlroy
Thomas Pieters, who along with Hoffman, Fowler and Garcia shared the 36-hole lead, shot 75 to fall five off the lead. And hit a good shot into 10, which I rarely do. "It's always fun when you're playing with one of your good buddies".
Marchand suspended two games for spear
To further break down his goals, nine of them have come on the power play while eight of them have been game winners. Fortunately for Marchand, the Bruins went on to win 4-0 without him, clinching their first playoff berth since 2014.
Malaysia, North Korea reach agreement in Kim's killing row
Najib said in a statement that Malaysia would also "allow North Koreans to leave Malaysia" as part of the agreement. An AFP photographer saw a North Korean embassy van and officials leaving Beijing airport early Friday morning.
Apple Has Just Dropped a Special Edition Red iPhone 7
The special edition (PRODUCT) RED iPhone possess similar features and details to that of the iPhone7 and iPhone7 Plus products. Apple has also begun offering a new spring lineup of Apple Watch bands , along with some new silicone iPhone case colors .
'Boss Baby,' 'Beauty' outshine 'Smurfs 3' at box office
The 2017 " Beauty and the Beast " movie adaptation closes in on $1 Billion worldwide box office hits. Factory's The Ticket, FilmRise's Truman Screen Media's The Void and Funimation's Your Name.
U.S. backs down on anti-Trump Twitter account
Trump has vowed to build a wall along the U.S. border with Mexico and has promised to deport millions of illegal immigrants. The Homeland Security Department, which issued the summons, had no immediate comment.
A long, tearful road to a major for Sergio Garcia
Garcia has been plagued by self doubt in the majors and once said he did not have what it takes to be a major victor . He fell out of the race on the front nine by shooting a 38, then added two more bogeys and a double through 14.
North Korea says Syria airstrikes prove its nukes justified
China is North Korea's economic lifeline and as such enjoys more leverage over its maverick neighbour than any other country. According to the report, the White House hopes that China will help put diplomatic pressure on North Korea.
Royals honor late Yordano Ventura before home opener vs A's
Victor Baez, the Royals' Dominican Academy coordinator and a father figure to Ventura, was in the Buck O'Neil seat. The Royals honored Yordano Ventura, who was killed in January in a vehicle accident in the Dominican Republic.
Nine Malaysians arrive home from Pyongyang post Kim row
Asked if the men suspected of involvement in the killing of Jong-nam had left the country, Najib said: "I believe they have". In exchange, North Korea released nine Malaysians who were being held in Pyongyang and returned them to their homeland.
Apr 13 2017