Oil futures on Monday kicked off August on a softer note after weak data on activity in China and as traders assessed a reading on output by the Organization of the Petroleum Exporting Countries, or OPEC.
In China, data released Saturday by the National Bureau of Statistics showed the country’s official purchasing managers index fell to 50.4 in July from 50.9 in June. Numbers above 50 indicate expansion. OPEC+ agreed last month to lift output by 400,000 barrels a day each month beginning in August until existing curbs are eliminated next year. A Reuters survey released Saturday found that OPEC members had boosted output in July by 610,000 barrels a day, to 26.72 million barrels a day.
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Oil prices fall on worries over China economy and higher crude outputOil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC producers. hp rep
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Iran denies launching oil tanker attack that killed 2DUBAI, United Arab Emirates (AP) — Iran denied Sunday it launched the drone attack on an oil tanker off the coast of Oman that killed two people, even as Israel alleges Tehran carried out the assault amid heightened tensions in the region. Well then who else would be stupid enough to launch a drone attack on an oil tanker? gotta beat that iran war drum. murica needs that oil money bad rn wow so I guess they really didn't do it then
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US Navy: 'Drone strike' hit Israeli-managed oil tanker off OmanThe 5th Fleet statement did not explain how it determined a drone caused the damage on the oil tanker, although it described its explosive experts finding “clear visual evidence that an attack had occurred” aboard the Mercer Street. Couldn’t imagine why anyone would want to bomb a ship that provides support to the apartheid state of Israel.
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Grilled Octopus With Chili-Herb Oil RecipeBefore grilling, octopus first needs to be cooked until tender. After that, it's as simple as searing it over the high heat of a charcoal or gas grill.
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It’s Time to Call Out Big Oil Companies for What They Really AreFrom BulletinAtomic: Since carbon released from the ground into the climate stays there for millennia, enormous numbers of people will be paying the price for a very, very long time. BulletinAtomic Lucky break that the human race won't be around for a very, very long time...
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China new home price growth slows in July - private surveyChina's growth in new home prices slowed in July for the first time in five months, with smaller cities especially weighed down by higher mortgage rates, price caps on resale homes and other steps to cool speculation, a private-sector survey showed on Sunday. good luck No one wants to live in those anthills? Investing today will save you the stress of financial crisis tomorrow.. Live the kind of life you want today by investing and trading Bitcoin option. Trade with a professional trader and start making good profits today. lisaCammpbell for transparency and trust.
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