19 May, 2017 by The TZ Newswire Staff Comments Off on Oil just cracked $50 a barrel for the first time in three weeks
Oil just cracked $50 a barrel for the first time in three weeks
Oil rose to $50 a barrel for the first time in about three weeks after a report OPEC is considering deeper output cuts.
19 May, 2017 by The TZ Newswire Staff Comments Off on WTI climbs over $50 to best level since April 21
WTI climbs over $50 to best level since April 21
Crude continues to march higher
Today there were hints from OPEC about a longer cut (we already knew that) but also a deeper cut (that’s new).
Crude has steadily climbed and is now at the best levels since April 21. On the day, front month WTI is up $1.06 to $50.40 with almost half the gain coming in the past hour.
19 May, 2017 by The TZ Newswire Staff Comments Off on This ‘product by product’ look at NAFTA reveals the industries in Trump’s sights
This ‘product by product’ look at NAFTA reveals the industries in Trump’s sights
Trump’s call for a NAFTA review took a more measured tone than the president’s harsh campaign rhetoric.
19 May, 2017 by The TZ Newswire Staff Comments Off on Top Ten: Weekend roundup: 20 years of Amazon| How retailers are struggling | Should the Social Security age be raised?
Top Ten: Weekend roundup: 20 years of Amazon| How retailers are struggling | Should the Social Security age be raised?
Here are MarketWatch articles to read this weekend.
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19 May, 2017 by The TZ Newswire Staff Comments Off on Fitch affirms Brazil at BB with a negative outlook
Fitch affirms Brazil at BB with a negative outlook
Fitch on Brazil
– Affirmed local and foreign-currency debt
– Repeated episodes of political instability have negative effects for the economy
– Forecasts deficit close to 8% in 2017-18, down 1 pp
Might want to check on that last one.
19 May, 2017 by The TZ Newswire Staff Comments Off on 3 reasons you need to laugh at work, according to the CEO of Comedy Dynamics
3 reasons you need to laugh at work, according to the CEO of Comedy Dynamics
Every company can benefit from incorporating levity into its workplace.
19 May, 2017 by The TZ Newswire Staff Comments Off on OPEC told US to likely raise production by 1mbpd this year (and they’re probably underestimating)
OPEC told US to likely raise production by 1mbpd this year (and they’re probably underestimating)
A closer look
OPEC is probably underestimating how much oil the US will be pumping by year end. The Untied States finished last year with production at 8.77 mbpd. It’s currently at 9.30 mbpd.