oil
OPEC’s Future Looks Bleak As It Extends Deal
OPEC and its partners have decided to roll over the existing production cut agreement for another 9 months. After weeks of deliberations, infighting, global pressure and media hype, OPEC and Russia have confirmed the global oil market still needs support. OPEC officials stated the latter to the press, repeating Russian President Putin’s and Saudi Minister …
Iran’s Oil Minister Zanganeh calls for unity among members of OPEC – Breaking News
Breaking news. (photo credit: JPOST STAFF) X Dear Reader, As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, …
National Exhibition on Science and Technology: Students showcase prototype boat to clean oil spill in sea shores
School students here participated in the National Exhibition on Science and Technology and presented some commendable innovations including a prototype boat to clean oil spill in sea shores and a home-made incubator to hatch eggs. The students behind the project ‘Boat system to clean up oil spill in sea shore’, stood with a …
Snake oil or panacea: can technology improve student mental health? | Education
Rising numbers of student suicides and dramatic increases in demand for support services have led to claims of a university mental health crisis. Earlier this month, a survey revealed students were significantly more anxious than other young people. The issue has become a focus for regulator the Office for Students, which recently announced funding for …
Republicans like me are breaking with Trump on offshore oil drilling
Nancy Mace, Opinion contributor Published 5:00 a.m. ET June 24, 2019 CLOSE Politicians and voters in both parties say offshore drilling would threaten Atlantic coast tourism and jobs. President Trump should respect our views. Right up front, it is important to know I support President Donald Trump. I had a leadership role in his South …
Asia stocks climb pre-G20, oil up on U.S.-Iran feud By Reuters
© Reuters. A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo By Tomo Uetake and Noah Sin TOKYO/HONG KONG (Reuters) – Stock markets in Asia inched higher on Monday on hopes that U.S. and Chinese leaders will be able to get trade talks back on track this week, …
Three Attacks in the World’s Oil Choke Point
Six oil tankers and a United States spy drone have been attacked since May in or near the Strait of Hormuz, which has been described as the world’s most important oil choke point. Tankers carry about 18 million barrels of oil per day — or about 20 percent of global oil demand — through the …
S&P 500 Sets Record High as Fed Signals Interest Rate Cuts, Oil Prices Surge
The S&P 500 set an intraday record high Thursday as investors were spurred on by signals of lower interest rates from the Federal Reserve. Oracle (ORCL – Get Report) rose after the enterprise software company topped analysts’ earnings and revenue expectations for its fiscal fourth quarter, and said first-quarter profit likely would top forecasts. Oracle …
Gulf crisis: Close up to stricken oil tanker with the US Navy
The US military says one of the oil tankers attacked in the Gulf of Oman last week was damaged by a mine resembling those used by the Iranian security forces. The attack was the second such incident in the strategic shipping lane in a month. Tehran has denied any involvement. The BBC was one of …
Pope warns oil bosses of climate threat
Image copyright Reuters The Pope has told oil company bosses that climate change threatens the future of the “human family”. The oil executives had been invited to the Vatican in Rome for an audience with the pontiff. Pope Francis said a radical energy transition is needed to save what he called “our common home”. The …
