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Brent oil benchmark dips but stays over $40/bbl

WorldNews Thursday, 10 September 2020 ()
Brent oil benchmark dips but stays over $40/bblLONDON — Oil prices dipped on Thursday after data showed U.S. crude stockpiles rose last week and the U.S. Energy Information Administration (EIA) downgraded its oil demand outlook, although the Brent benchmark stayed above $40 a barrel. U.S. West Texas Intermediate (WTI) crude futures dipped 61 cents to $37.44 a barrel at 0808...
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Energy Information Administration Energy Information Administration One of the principal agencies of the U.S. Federal Statistical System and part of the U.S. Department of Energy


Brent Crude Brent Crude Classification of crude oil that serves as a major benchmark price for purchases of oil worldwide


London London Capital of the United Kingdom

Covid restrictions in London 'increasingly likely'

Mayor Sadiq Khan says he is concerned by evidence showing the spread of the virus is "accelerating".
BBC News

Covid 19 coronavirus: London cancels New Year's Eve celebrations

While many will be happy to put 2020 behind them, there will be no fireworks and no fanfare as we enter 2021 - at least not in London.London Mayor Sadiq Khan has..
New Zealand Herald

Who Is Behind the Judge Who Is Trying Julian Assange?

Emma Arbuthnot is the chief judge who conducted the trial for the extradition of Julian Assange in London to the USA, where a 175 year prison sentence awaits him..
WorldNews

End of the runway? Fashion world mulls post-COVID future

LONDON (AP) — It’s the September fashion week season, and in any other year London would be abuzz with fashionistas zipping across town in Mercedes Benzes,..
WorldNews
Peta protesters target London Fashion Week [Video]

Peta protesters target London Fashion Week

Supporters of the animal welfare organisation Peta have demonstrated outsideSomerset House in central London, protesting against the killing of animals tomake shoes and bags, at London Fashion Week. It comes as the charity claimsthat conservation experts warn that the trade in exotic skins risks fuellingthe spread of diseases like Covid-19. British brands such as Mulberry,Victoria Beckham, and Vivienne Westwood are all free from exotic skins, whilea few labels, such as Burberry, continue to use them.

Credit: PA - Press Association STUDIO    Duration: 01:08Published

West Texas Intermediate West Texas Intermediate Grade of crude oil used as a benchmark in oil pricing

S&P 500 Closes At Record High [Video]

S&P 500 Closes At Record High

On Thursday, the S&P 500 extended its record highs. Federal Reserve Chair Jerome Powell spoke at this year's virtual Jackson Hole symposium. Business Insider reports that Powell outlined the central bank's overhauled strategy for controlling inflation and avoiding future crises. He also signaled that the Fed's monetary policy will remain accommodative as it seeks to stimulate the US economy. Jobless claims came in at 1 million for the week that ended on Saturday, in line with consensus estimates. Abbott Laboratories produced a COVID-19 test that received emergency use authorization from the Food and Drug Administration. Oil prices traded lower. West Texas Intermediate crude fell as much as 2.4%, to $42.36 per barrel.

Credit: Wochit News    Duration: 00:37Published

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