Oil price 30 years

Greg Hands makes Putin jibe at SNP over oil and gas Sign up for our news briefing, including a daily special Russia-Ukraine edition SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Oil prices rose by almost three percent as markets prepare to open on Wednesday. Brent Crude future rose by a total of $3.08 (£2.58) to $105.85 (£88.60) per barrel despite plunging by as much as 9.5 percent on Tuesday. Related articles Ukraine: Horror as Putin official found in 'pool of blood' Kamala Harris mocked after speaking in front of spelling gaffe Yesterday's drop is said to have been the biggest daily drop since March. However, it was last up 92 cents (77 pence), or 0.9 percent, at $103.69 (£86.79) a barrel at 2.43am. US … [Read more...] about Oil price surge: Brent Crude bounces back in ‘reset’ amid return of supply concerns

R Kelly has been taken off suicide watch, something he had been suing the prison about, after being sentenced to 30 years for sex trafficking. The singer, 55, was removed from suicide watch after previously claiming that the protective treatment was a form of ‘cruel and unusual punishment’ as he denied being suicidal. Prosecutors had initially said that the measure was put in place for Kelly’s ‘own safety’ after a psychological examination, but attorneys for the US government said in new filings that it was no longer required. The filings stated, via PA: ‘Following a clinical assessment, plaintiff Robert Sylvester Kelly, also known as “R. Kelly,” was removed from suicide watch as of this morning, July 5, 2022. ‘Because plaintiff has already been removed from suicide watch, there is nothing more that the court can do for him.’ The I Believe I Can Fly singer is due to return to court on August 15 to stand trial on charges related to possession of child pornography … [Read more...] about R Kelly taken off suicide watch after suing prison following 30 year sentence for sex trafficking

At the age of 38, Tony Blair was still toiling away as a shadow minister in the Labour Party. It took a decade-long career as Prime Minister and another fifteen years working to improve living standards in developing nations for Mr Blair to finally secure a knighthood at the age of 68 in January. But his son Euan, 38, has been awarded his first honour just six years after setting up a business dedicated to supplying apprentices to tech companies. Mr Blair has been awarded an MBE for services to education as founder and chief executive of Multiverse . He has been recognised alongside a string of high-profile business figures including AstraZeneca chief executive Pascal Soriot , British entrepreneur Ron Kalifa and broadcasting executive Jane Turton. Mr Blair said: “It’s a real honour to receive this recognition, but it’s on behalf of an organisation full of people who are working tirelessly to build a truly outstanding alternative to university. “Multiverse’s growth is … [Read more...] about Euan Blair awarded honour – 30 years sooner than his father

A miracle pill which is claimed to cure hangovers has been launched in the UK, helping Brits get back on their feet after a night out. Experts say the new pill, which is taken before you drink, stops the body absorbing alcohol, protecting you from a hangover for the next 12 hours. Called Myrkl, it’s a mix of probiotics and made from the human body’s own natural bacteria. Grimsby Live reported . Combined with amino acid, L-Cysteine and Vitamin B12 the trio work together to help breakdown alcohol’s toxic by-products into carbon dioxide and water. Researchers have demonstrated that people who drank two glasses of wine after taking the pill, which costs £1, had on average 50 per cent less alcohol in their blood after 30 minutes. After an hour this rose to 70 per cent. Myrkl, the miracle hangover pill that was developed by Swedish medical company De Faire Medical. ( Image: Myrkl) The pill took three decades to develop by Swedish medical company De Faire … [Read more...] about New £1 pill ‘that prevents hangovers’ launches in UK after 30 years of research

Last minute negotiations by President Trump secured a 23-nation agreement to cut global oil production and potentially revive a struggling U.S. oil industry. The United States has pushed Russia and Saudi Arabia for weeks to end a price war that, along with the coronavirus pandemic, drove global oil prices to an 18-year low at the end of March. The deal is the largest oil production cut ever negotiated, equaling about 10 million barrels of oil a day, or 13% of global oil production, according to The Wall Street Journal . Trump touted the agreement of OPEC+, supported by the 13-member Organization of the Petroleum Exporting Countries and 10 other nations, on Sunday. “The big Oil Deal with OPEC Plus is done. This will save hundreds of thousands of energy jobs in the United States. I would like to thank and congratulate President Putin of Russia and King Salman of Saudi Arabia. I just spoke to them from the Oval Office. Great deal for all!” Trump tweeted. The big Oil Deal with … [Read more...] about Trump Touts ‘Hundreds Of Thousands’ Of Jobs Saved With OPEC+ Oil Deal | The Daily Wire

Organization of Petroleum Exporting Countries ( OPEC ) Secretary General Mohammad Sanusi Barkindo passed away on Tuesday at 63 years old. “OPEC extends its deepest condolences to his family, friends, colleagues, loved ones and his home country, Nigeria,” the oil alliance said in a statement . “It is a day in which words are not enough, but it is also important to express our deep gratitude for the over 40 years of selfless service that HE Barkindo gave to OPEC. His dedication and leadership will inspire OPEC for many years and decades to come.” Barkindo assumed the helm of OPEC in 2016 after working as the group managing director of the Nigerian National Petroleum Corporation. He played a key role in producing the United Nations Framework Convention on Climate Change, according to OPEC . With member nations such as Iran, Saudi Arabia, Venezuela, Kuwait, and Iraq, OPEC officials set oil production targets in a bid to control worldwide energy supply. The alliance accounts … [Read more...] about OPEC Leader Dies As World Grapples With Oil Crisis | The Daily Wire

For the first time in 75 years, the United States exported more oil than it imported, carrying out a pledge from President Trump that America can achieve “energy independence.” While the U.S. has been a net oil importer since 1949, over the final week of November, U.S. net imports of crude oil and petroleum products fell to minus 211,000 barrels per day (bpd) — which means America exported more than it imported, according to data from U.S. Energy Information and Administration. Oil production has been booming in the U.S. as the shale revolution swept the nation. America is now the world’s largest producer of petroleum, passing Russia and Saudi Arabia. As the U.S. oil boom spread, the power of OPEC was reduced and gas prices in the U.S. have dropped from the $4+ highs under former president Barack Obama. Net imports peaked in 2005, topping 14 million bpd, but in the last few months, the U.S. has imported an average of 2 million bpd. U.S. production has more than doubled since 2012 … [Read more...] about GOOD TRUMP: U.S. Ends Reliance On Foreign Oil For First Time In 75 Years | The Daily Wire

Published 12 May comments Comments Share close Share page Copy link About sharing The risk of a recession has risen, analysts have warned, after the economy shrank during March just as the UK had recovered from the pandemic. Higher prices are "beginning to bite", the UK statistics body said , with people spending less and cutting down on car journeys due to high fuel costs. The impact of higher energy bills in April has also yet to be seen. The economy grew by 0.8% over the first three months of the year, but in March it shrank by 0.1% as people cut back. The main boost to the economy came in January, as hospitality and travel industries recovered from coronavirus pandemic restrictions. However, that came before the war in Ukraine and before households began to feel the pinch of higher prices. Paul Dales, chief UK economist at Capital Economics, said the … [Read more...] about Recession fears grow as rising prices hit spending

By Faisal Islam Published 6 hours ago comments Comments Share close Share page Copy link About sharing All types of household energy bill are now heading above £3,000 a year this winter, say energy industry sources. The rise is 7% higher than the predicted prices on which the government's recently announced cost of living support package was based. The government said it didn't recognise the figures, but added it and Ofgem "keep a close watch on energy prices". National Energy Action said there were "few signs of energy prices becoming affordable this winter". The bleak prediction comes as households are already struggling with rising food and fuel prices. Every UK household is to get an energy bill discount of £400 this October, whilst poorest households will also get a payment of £650. When will households get the £400 energy grant? … [Read more...] about Household energy bills to hit £3,000 per year

Nadia Bartel has raised eyebrows with her latest attempt at trying to look relatable. The former AFL WAG, who is known to adorn herself with thousands of dollars' worth of designer fashion, announced on Tuesday she had finally found an 'everyday handbag' that won't break the bank. The 37-year-old posted a photo on Instagram of herself posing for a mirror selfie with her new tote, which was handcrafted by a Melbourne designer. Nadia Bartel raised eyebrows on Tuesday when she told fans her new 'everyday handbag' that costs $800 isn't 'too expensive' 'It's hard to find something good quality... I like my everyday bag to feel soft and comfy, still look good but not too crazy exy [expensive], as let's be honest all the kids' stuff gets thrown in here,' she wrote. RELATED ARTICLES Previous 1 Next But first, let me take a selfie! Ex-WAG Nadia Bartel takes... Inside Nadia Bartel's wardrobe: WAG turned designer reveals... Nadia Bartel looks … [Read more...] about Nadia Bartel says her new ‘everyday handbag’ isn’t ‘too expensive’… but wait until you see the price tag