Friday, 21 September, 2018

Oil falls as Saudi, Russian output rises

Iranian Vice President Jahangiri speaks during a news conference after a meeting with Iraq's top Shi'ite cleric in Najaf Oil falls as Saudi, Russian output rises
Andy Castillo | 03 July, 2018, 02:09

But a flurry of U.S. announcements over the weekend unsettled oil markets.

The announcement by Jahangiri came just a day after US President Donald Trump said that Saudi Arabia had agreed to increase its oil exports to make up the difference lost to the sanctions. Tehran, however, vowed on Sunday to foil any U.S. bid to block its oil exports.

Trump told King Salman bin Abdulaziz Al Saud that the oil market could need more supply when the men spoke on Friday, the White House said.

Oil prices had risen on Friday on worries that United States sanctions against Iran would take away significant volumes of crude oil from world markets while oil demand worldwide increases.

Iran says it will find ways to export its oil, despite what he does. Despite almost reaching a deal with the Germans, French, and British, President Trump dismissed their progress and withdrew the USA from the landmark nuclear accord anyway.

Trump announced earlier this year that he would pull the USA out of the pact, which offered Tehran sanctions relief in exchange for curbing its nuclear program.

He said in the Fox interview that European companies would face sanctions if they traded with Iran now.

Jorge Sampaoli: I was instructing Lionel Messi vs. Nigeria, not consulting him
Now, the Soccerbot has digested the film, crunched the numbers and broken down every single player on France and Argentina . When and what time is the round of 16 match between Argentina and France? On both cases, Argentina reached the Finals.

That is the "road map for the better deal" that the USA is seeking, he said.

Late last week, Iran's Oil Minister Bijan Zangeneh urged the Organization of Petroleum Exporting Countries (OPEC) to prevent some of its members from increasing output without arriving at a consensus.

Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday.

"We will not hesitate to take action when we see sanctionable activity", said Brian Hook, the department's Policy Planning Director and the former lead negotiator for the USA who met with European allies for months to reach a side agreement that kept the U.S.in the Iran nuclear deal but addressed Trump's concerns with it.

The spike was the latest fallout from the Trump administration's decision to abandon the landmark Iran nuclear deal and reimpose sanctions on Iran - a move that has strained relations between the United States and other world powers that support the deal.

Last week, a senior US State Department official described tightening the noose on Tehran as "one of our top national security priorities". It's bad what they do to us, he said.

Jahangiri said: "They're begging the Saudis to raise their output so that if Iran's quota decreases nothing will happen to the markets".

Recommended

  • Philadelphia 76ers re-sign JJ Redick to 1-year deal

    Philadelphia 76ers re-sign JJ Redick to 1-year deal

    James has played in eight straight NBA Finals from the Eastern Conference, with the Miami Heat and then with the Cavaliers. Philadelphia would risk losing him in 2019 when he can become a free agent.
    Kirsten Gillibrand, Bill DeBlasio Call To Abolish ICE

    Kirsten Gillibrand, Bill DeBlasio Call To Abolish ICE

    TAMEEM FRUCTER: ICE is enacting this unacceptable violence on families, on children, on human beings. The activists said they were represented by the National Lawyers Guild.
    Google Home and Chromecast Hit by Major Outage

    Google Home and Chromecast Hit by Major Outage

    Google also independently confirmed with TechCrunch that the problem is real, but didn't offer any kind of explanation as to why. Update: Google has a fix ready, and has promised to automatically deploy it within six hours (as of roughly 6PM Eastern).
  • Delhi: 11 members of a family found dead in Burari, investigation on

    Delhi: 11 members of a family found dead in Burari, investigation on

    Every morning, their shop would open by 6, but when it didn't till 7.30 today, a neighbour went to check on the family. Their bodies were hanging from an iron grill ceiling, broadcaster NDTV reported.
    Apple, Samsung settle U.S. patent dispute

    Apple, Samsung settle U.S. patent dispute

    In 2012, a jury awarded more than $ 1 billion in damages to Apple but of course there was a subsequent retrial. The court battle began in 2011 when a us court ruled that Samsung had violated Apple's design patents.
    Michael Ballack slams DFB for Joachim Low decision

    Michael Ballack slams DFB for Joachim Low decision

    Andrés Guardado is a name and a face many might know for his existence in European football over the last few years. Germany have yet to confirm whether Joachim Low - who has a contract to 2022 - will continue as coach.
  • Mayor de Blasio joins protesters in call to abolish ICE

    Mayor de Blasio joins protesters in call to abolish ICE

    Amy Klobuchar of Minnesota was asked by ABC News "This Week" Co-Anchor Martha Raddatz on Sunday about the growing calls to disband the agency.
    Ramona Shelburne: Paul George

    Ramona Shelburne: Paul George "Seems To Be Staying" In Oklahoma City

    During one of Oklahoma City's trips to Los Angeles, Westbrook was asked if he felt that the season was a sales pitch to George. There had been much speculation leading up to the decision that George had been leaning toward re-signing with the Thunder.
    Toys ‘R’ Us writes heartwarming goodbye as it closes for good

    Toys ‘R’ Us writes heartwarming goodbye as it closes for good

    The toy store chain announced in March they would be closing down and the few remaining stores are closing for good this week. What we found was a manager who didn't want us filming, no Geoffrey, and a pretty good sale on a small selection of toys.
  • Japan fall short to exit World Cup in cruellest fashion

    Japan fall short to exit World Cup in cruellest fashion

    The semifinal would seem like a decent upgrade on the quarterfinals of the last World Cup and Euros and so far they started well. De Bruyne advanced the ball with a lovely push, making a ideal lead pass to Jan Vertonghen with room to run.
    Lebron James lands in Los Angeles Saturday

    Lebron James lands in Los Angeles Saturday

    It is possible a combination of Harden, James and Paul could win a title, but the chances of it happening seem very slim. James apparently told the Cleveland Cavaliers he will not exercise his 2018-19 player option of receiving $35.6 million.
    Almost  600 People Arrested Protesting Trump Immigration Policies

    Almost 600 People Arrested Protesting Trump Immigration Policies

    In all, Capitol police arrested at least 575 women for the misdemeanor offense of unlawfully demonstrating in the Capitol. The protesters were women who oppose the president and, in particular, his calls for a stricter immigration policy.

Todd The Dog Saved His Owner From Being Bitten By A Rattlesnake Todd The Dog Saved His Owner From Being Bitten By A Rattlesnake The Anthem, Ariz. woman closed her original Facebook post asking her followers to "please say a little prayer for my sweet hero". Godwin says she and the young golden retriever were on a walk, when she almost stepped on the rattler.

Gunman kills five, injures two at USA newspaper Gunman kills five, injures two at USA  newspaper A judge ordered Jarrod Ramos , 38, from Laurel, 40 km west of Annapolis , held without bond on five counts of first degree murder. He forwarded a letter to her employer, basically stating that she was bipolar and a drunkard which is ridiculous".

Santos shares Portugal's sadness but hopes Ronaldo will remain Santos shares Portugal's sadness but hopes Ronaldo will remain Cavani sent the ball across the field to Suarez, who aggressively dribbled to the top corner of the penalty area. You'll see the teams doing their best to win.

Calls grow to abolish USA immigration agency Calls grow to abolish USA  immigration agency Families being separated, children in cages", said Emilia Ramos, a cleaner in the district, fighting tears at the rally. Schwab said the interruption was "shocking", and "it just seemed like two thugs coming to the door and threatening me".

Clippers DeAndre Jordan opts out of contract, becomes free agent Clippers DeAndre Jordan opts out of contract, becomes free agent If we had to bet, Jordan will likely take the big payday, and Dallas will finally have their man. Sign up for Home Turf and get exclusive stories every SoCal sports fan must read, sent daily.

Akash Ambani, Shloka Mehta's Grand Engagement. Check Out The Guest List Akash Ambani, Shloka Mehta's Grand Engagement. Check Out The Guest List But the one that has got everyone hooked to their mobile phones is Nita Ambani's elegant classical style dance performance. Yes, you heard that absolutely right! A video of Akash's sister Isha Ambani welcoming Shloka too has gone viral.

Messi and Ronaldo face tough challenges Messi and Ronaldo face tough challenges "We need to fix many things in Argentinian football, but I prefer to do this from inside and not criticise from outside", he said.

South Korean KO - Dark day for defending champions South Korean KO - Dark day for defending champions Two minutes into stoppage time, South Korea's Kim Young-gwon opened the scoring after German players failed to clear the ball. Meanwhile, Sweden finished top of Group F on goal difference after the win against Mexico , with both teams on six points.

What happens if Roe v. Wade is overturned What happens if Roe v. Wade is overturned Democrats Joe Manchin of West Virginia and Heidi Heitkamp of North Dakota also talked to Trump. Wade", Toobin said. "I love that issue if they're going to actually do that".

AirAsia cancels flights to and from Bali after Mount Agung erupts AirAsia cancels flights to and from Bali after Mount Agung erupts The National Disaster Mitigation Agency said almost 450 flights were canceled, affecting some 75,000 people. Mount Agung caused chaos for holiday makers in November, shutting down the airport and stranding thousands.

How Uruguay can get the best of Portugal How Uruguay can get the best of Portugal They soon followed it up with another 1-0 victory over a determined Saudi Arabian side with help of a Luis Suarez goal. Oddsmakers have installed Group B runner-up Portugal as the slightest of favorites over Group A victor Uruguay .

'England have clear path to World Cup semi-finals' 'England have clear path to World Cup semi-finals' While the summit had the nations' heavy hitters on hand, both Belgium and England played their B-team at the World Cup .

Sanju makes history, collects 34.75 crores on first day of release Sanju makes history, collects 34.75 crores on first day of release MUMBAI: Ranbir Kapoor starrer " Sanju " has completely taken the box office by storm. The biopic is based on actor Sanjay Dutt and his rapturous life experiences.

Lewis Hamilton relieved but puzzled with French GP pole position Lewis Hamilton relieved but puzzled with French GP pole position He finished the race in Canada fifth, and saw Vettel turn a 14-point deficit into a one-point lead with a victory. A wheel then came off Sergio Perez's Force India auto at speed on the Mistral straight in the late afternoon.

Brussels Hosts EU 'Mini-Summit' On Migration Brussels Hosts EU 'Mini-Summit' On Migration Merkel, however, has acknowledged that "no solution will be reached" on the overall migration issue at either summit. The meeting was called last week to clear the air before a scheduled full summit on Thursday and Friday.