• Global oil glut set to continue despite efforts to prop up price
Global oil glut set to continue despite efforts to prop up price

Brent crude, the global oil benchmark, fell 0.74% to $48.36 a barrel on London's ICE Futures exchange. Fesharaki, an expert in the energy market and an academic warned that the world may witness a drastic fall in price of a barrel of Oil to $30 if the OPEC failed to cut production.

Read more

  • Stockpiles Fall Less Than Expected, Oil Prices Drop
Stockpiles Fall Less Than Expected, Oil Prices Drop

Iran's oil production and its share of OPEC output are now both back around pre-sanction levels, according to BP Statistical Review of World Energy June 2017. His law is arguably the most important insight in economics but it is awesome how frequently it is forgotten ("What I think: essays on economics, politics and life", Stein, 1998).

Read more

  • Almost half of voters opposed to deal between Theresa May and DUP
Almost half of voters opposed to deal between Theresa May and DUP

Jeremy Corbyn, leader of Britain's main opposition, said his Labour Party would not support May's Queen's speech in the lower house of parliament to try to force her out of power through a vote of no-confidence. As for the British government negotiators, they are standing on hollow grounds, holding the most insecure job there is in the entire...

Read more

  • Van Drives Into Several Pedestrians In North London; Casualties Reported
Van Drives Into Several Pedestrians In North London; Casualties Reported

An eyewitness told Reuters that police have sealed off the road. The attack took place just after midnight outside the Muslim Welfare House, which houses a mosque, on the Seven Sisters Road in the northern part of the city, the Guardian reported.

Read more

  • ACLU: Michelle Carter Conviction Violates First Amendment
ACLU: Michelle Carter Conviction Violates First Amendment

Roy did not kill himself. "I think she needs to be held responsible for her actions 'cause she knew exactly what she was doing and what she said", she told correspondent Erin Moriarty. Prosecutors said the cold-hearted harpy was "virtually present" at the death scene in a criminal context and deserves to go to jail. The post Michelle Carte...

Read more

  • Mixed Fortunes For Ronaldo; Portugal Continue To Be Reliant On Their Star
Mixed Fortunes For Ronaldo; Portugal Continue To Be Reliant On Their Star

Hit the crossbar in the first half in the build-up to Portugal's disallowed goal. Portugal's Cristiano Ronaldo and Mexico's Carlos Vela jump for the ball during the Confederations Cup , Group A soccer match between Portugal and Mexico , at the Kazan Arena, Russia, Sunday, June 18, 2017 .

Read more

  • South Korea to scrap building new nuclear power plants
South Korea to scrap building new nuclear power plants

Suh Kyun-ryul, professor of nuclear engineering at Seoul National University, said the closure would set the stage for South Korea's aim of scaling back nuclear power. Korea Hydro and Nuclear Power Company halted the reactor's turbine, which turns steam into electricity, on Saturday. Its nuclear electricity production was the fifth-largest in the...

Read more

  • A 'number' of casualties after vehicle strikes pedestrians in London
A 'number' of casualties after vehicle strikes pedestrians in London

The London Ambulance service said in a tweet that "a number of resources have been sent to an incident in Seven Sisters Road". She said her thoughts were with the injured, their loved ones and emergency officials who responded to the incident.

Read more

  • Grenfell Tower building materials may have been illegal, UK ministers say
Grenfell Tower building materials may have been illegal, UK ministers say

The five million pounds are to be used to cover emergency supplies, funeral costs and loss of possessions, Efe news reported . Many others have been left homeless by the blaze, which virtually destroyed the tower. May promised to hold a public inquiry into a fire that killed at least 17 people when it engulfed a 24-storey social housing bloc...

Read more

  • Eurogroup deal on Greece gives positive market signal-Greek Finance Minister
Eurogroup deal on Greece gives positive market signal-Greek Finance Minister

To bridge the wide differences in assumptions on Greek growth for the next decades, France proposed to link the size of the debt relief with Greek economic growth and euro zone ministers said they would work on that idea further. That is largely because the Greek economy has contracted by around a quarter, meaning a worsening in the debt load eve...

Read more

  • Berger repeats at St. Jude Classic
Berger repeats at St. Jude Classic

Pettersen, who recently lost her yardage book for the course and had to write notes from scratch this week, said she trusted her eye and it paid off with six birdies over one eight-hole stretch. Can you imagine? Mickelson wins this weekend for the first time since 2013 and has to miss next week's test for a graduation. The 44-year-old Cink is in ...

Read more

  • Brexit Secretary David Davis targeting a 'deal like no other in history'
Brexit Secretary David Davis targeting a 'deal like no other in history'

The Sunday Times said ministers within May's cabinet had "let it be known" they would oust the prime minister if they thought she could not pass the government's legislative programme in a vote expected on June 28. Last weekend Scottish Conservative leader Ruth Davidson sought to capitalise on her election success by calling for a Brexit tha...

Read more

  • Jeff Bezos is $5 billion away from being the world's richest person
Jeff Bezos is $5 billion away from being the world's richest person

Bezos' tweet was sent less than 24 hours before Amazon announced Friday morning that it was buying Whole Foods in a deal valued around $13.7 billion. Bezos tweeted Thursday that he is looking for a philanthropy strategy "that is the opposite of how I mostly spend my time - working on the long term".

Read more

  • United Kingdom will leave single market and customs union - Hammond
United Kingdom will leave single market and customs union - Hammond

With clouds still hanging over Prime Minister Theresa May's government , the EU's chief negotiator, Michel Barnier has won an early concession from his counterpart, Brexit Secretary David Davis , by ensuring that the talks start with discussions on the UK's divorce settlement with the bloc.

Read more

  • Security Forces Respond To 'Ongoing Attack' At Luxury Resort In Mali
Security Forces Respond To 'Ongoing Attack' At Luxury Resort In Mali

Security forces who battled the gunmen at the site were continuing on Sunday evening to search for the assailants who fled. "Malian special forces intervened", Security Minister Salif Traore told AFP, adding that at least one of the attackers was injured and gave up his arms.

Read more

  • Deal with Sinn Fein 'very much doable', says DUP's Arlene Foster
Deal with Sinn Fein 'very much doable', says DUP's Arlene Foster

Sinn Fein , the SDLP and Alliance have all made clear Northern Ireland Secretary James Brokenshire can not chair the ongoing process to restore powersharing at Stormont due to their perception he has a conflict of interest. "However, we need to do it in a way that respects the specific circumstances of Northern Ireland , and, of course, our shar...

Read more

  • Dianne Feinstein 'Increasingly Concerned' Donald Trump Will Try to Fire Investigators
Dianne Feinstein 'Increasingly Concerned' Donald Trump Will Try to Fire Investigators

This morning, Trump said via his favorite means of communication that he is being investigated by the man who told him to fire the FBI Director. Trump previously said that he always knew he would fire Comey . Citing Rosenstein's private remarks, ABC News reported that he may have to recuse himself from the investigation, potentially fol...

Read more

  • German minister sees hope of 'soft' Brexit
German minister sees hope of 'soft' Brexit

He added: "As the European Union has itself said, "nothing is agreed, until everything is agreed". Mr Hammond said he would not agree to a deal that would "destroy" Britain. Gerry Adams led a delegation to Government Buildings including Ms O'Neill, Sinn Fein deputy leader Mary Lou McDonald and newly-elected Fermanagh South Tyrone MP Michelle Gi...

Read more

  • Brokerages Expect Oshkosh Corp (OSK) Will Announce Quarterly Sales of $1.92 Billion
Brokerages Expect Oshkosh Corp (OSK) Will Announce Quarterly Sales of $1.92 Billion

Deutsche Bank AG raised their price target on Oshkosh Corporation from $73.00 to $76.00 and gave the company a "hold" rating in a research report on Thursday, April 6th. Investors wait Oshkosh Corp (NYSE:OSK) to report on August, 2. its quarterly earnings Wall Street analysts expect $1.31 EPS, up $0.18 or 15.93 % from last year's $1.13 same qua...

Read more

  • Search For 7 Missing Sailors Called Off After Bodies Found On Ship
Search For 7 Missing Sailors Called Off After Bodies Found On Ship

The USS Fitzgerald's captain, Cmdr. With the assistance of US Navy tug boats, USS Fitzgerald managed to return to the its base in Yokosura, despite serious starboard side damage during the crash . The US Navy on Monday (June 19) identified all seven sailors killed after their destroyer collided with a container ship off Japan's coast...

Read more