Oil prices came under renewed pressure on Monday, after Saudi Arabia cut prices for its Asian customers and demand worries lingered following last week’s weaker-than-expected U.S. jobs data.
Global benchmark Brent crude BRNX21, -0.76% BRN00, -0.76% fell 83 cents, or 1.1%, to $71.76 a barrel. Brent declined 0.6% to $72.61 a barrel on Friday, but was up 1.3% for the week. The Asian price cuts were bigger than expected, according to Jeffrey Halley, senior market analyst at OANDA. “Given that OPEC+ is continuing its plan to raise production monthly, despite weak data from China and the U.S. raising slowdown fears, and Saudi Arabia looking for market share in the region, oil is likely to remain under pressure,” said Halley.
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Saudi Arabia lowers light crude prices to Asia; US, Europe prices steadySaudi Arabia lowered its light crude oil prices to Asian customers in October versus September, though left prices to northwestern Europe and the United States steady. If I enjoy this privilege all alone, it shows how ungrateful I’m because I got this opportunity from a post here as well and saw recommendations too. All thanks to the good work of leticia_thomas1
Source: Reuters - 🏆 2. / 97 Read more »
Oil extends losses after deep cuts to Saudi crude prices for AsiaOil prices extended losses on Monday after the world's top exporter Saudi Arabia slashed crude prices for Asia over the weekend, signalling that global markets are well supplied. good Nobody wants oil now a rip off for years
Source: Reuters - 🏆 2. / 97 Read more »
Saudi Arabia says it intercepted Houthi missile that hurt 2DUBAI, United Arab Emirates (AP) — Saudi Arabia intercepted a ballistic missile fired by Yemen's Houthi rebels and debris that fell on a neighborhood near Dammam wounded at least two children, the kingdom said Sunday. Why does this story sound so unbelievable TOP 10 of the LARGEST ARMS EXPORTING countries in the WORLD United States: 36% Russia: 21% France: 7% Germany: 6% China: 5% United Kingdom: 4% Spain: 3% Israel: 3% = CORRUPTIONpovertyPROTESTrepression MIGRATIONresentmentRACISMtension TERRORISM
Source: AP - 🏆 728. / 51 Read more »
Four South Asian nations back FIFA's biennial World Cup pushGoverning body FIFA's proposal to hold the World Cup every two years instead of every four has received support from four football federations in South Asia, who said it would spur development of the game in the region. Of course they do. They have nothing else to play for on an international level, their players don't play the brutal schedules that's played in major leagues. I'll wait and see what France, England, Brazil, Argentina and Germany say. I doubt it will be a ringing endorsement. Fifa is so corrupt Trying to make World Cup kind of Copa America, every 2 years, seriously?
Source: Reuters - 🏆 2. / 97 Read more »
Asian markets rise following weak U.S. jobs reportAsian stock markets gained Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus... At least someone is benefiting from this disaster For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: MarketWatch - 🏆 3. / 97 Read more »
How the yellow whistle became a symbol against anti-Asian hateIn the centuries since Asians first arrived in the United States, the color yellow has dogged their steps. It's been weaponized as a derogatory slur and exploited to villainize Asians as the Yellow Peril. In the last few decades, however, Asian Americans have sought to reclaim the term 'yellow.'Driving the news: One such campaign is 'The Yellow Whistle,' a self-protection program launched this year by Agnes Hsu-Tang and Oscar Tang, owners of Kampgrounds of America (KOA), and four others in the w
Source: YahooNews - 🏆 380. / 59 Read more »