Surging shale production could push US oil output to more than 10 million barrels a day - surpassing a record set in 1970.
OPEC and the non-OPEC producers' part of the production cuts deal will have a plan for long-term cooperation drafted by the end of 2018, as they seek to institutionalize their current collaboration into a supergroup of oil producers led by Saudi Arabia and Russian Federation, the UAE's Energy Minister Suhail Al Mazrouei told The National in an interview published on Thursday. US crude was up 58 cents at $61.18.
Brent crude, the global benchmark, rose 32 cents to$64.68 as of 0943 GMT, extending the previous session's gain of $1.64.
Last month, Khalid al-Falih, the energy minister of OPEC's de facto leader and largest producer Saudi Arabia, said that "There is a readiness to continue cooperation beyond 2018.The mechanism hasn't been determined yet, but there is a consensus to continue".
Victoria Beckham rules out Spice Girls tour
Yes, the Spice Girls reunited last week for a picture that sent fans wild at the thought of possible reunion tour . Tell Us why! Victoria Beckham has announced that the Spice Girls will not be hitting the road anytime soon.
"What we have now is a bit of a re-adjustment from the price rise we had yesterday, which was a bit overdone", said Olivier Jakob, analyst at Petromatrix.
"Taking into account the current political and economic relationship and projects that we're considering, I think our relationship will be of long-term nature", he added.
The kingdom will keep its crude exports below 7 million barrels per day (bpd) in March, despite a maintenance shutdown of the 400,000 bpd SAMREF refinery, the Saudi energy ministry said, confirming a plan given earlier by industry sources.
The revival in drilling in the U.S. could thwart efforts by the Organisation of the Petroleum Exporting Countries (OPEC) to bring... The pact began a year ago and has been extended until the end of 2018. Its capacity will be 18 million tonnes of LNG per year (three trains each with the capacity of 6 million tonnes per year).
Asked if he personally felt Bannon should be held in contempt , Conaway said: "I think he should answer our questions". But on Bannon, Republicans have joined Democrats in expressing anger over his refusal to answer questions.
Attorney Shawn Crowley argued that everything Rahimi has done since 2016 "has been fueled by hate", and "he has shown no remorse". For Berman, anything less than the statutory sentencing guidelines "would be totally inappropriate and not viable".
Between the economic data, the inflation data and the supply coming to market, we may get through that 3 percent area". Consumer durables and consumer non-durables have recorded growth of 0.9 per cent and 16.5 per cent, respectively.
North Korea has also relied on its "army of beauties", which is a national cheerleading team, to soften its image. Since the war, the leaders of the two Koreas have held formal talks only twice, in 2000 and 2007.
The flies ingest the worm larvae, then land on an animal's eyes , where the flies feed on tears and other secretions. At times, she said , they would go under the eyelid or behind the eye and for a time would no longer be visible.
The restaurants said they'll have plenty of fish for the 40 days of Lent leading up to Easter , which falls on April Fool's Day. Ash Wednesday gets its name from the ceremonial marking of one's forehead with ash, practiced on the opening of Lent.
Airbus has traditionally offered two engine options on the A320, and the company maintained that approach on the neo. The grounding of aircraft came after a directive from European Aviation Safety Regulatory (EASA), PTI reported.
Mi TV 4 comes with 55 inch 4K display with the resolution of 3840 x 2160 pixels and 178 degree wide viewing angles. The sale will debut on February 22 via both online and offline channels such as Flipkart , Mi.com, and Mi Home.
So, when a notification comes in from a supported messaging app, Reply is right there with contextual replies ready to go. Google's new experimental project called Reply is able to bring automated Smart Replies to popular messaging apps.
These two injunctions, plus heavy resistance from Democrats, could keep the program running past Trump's March 5 deadline. He noted that the plan was based in part on the "plainly incorrect factual premise" that the program was illegal.
HMD Global releases Android 8.1 update for Nokia 8
The dual-SIM (Nano) handset features a 5.3-inch display QHD IPS display with 2.5D curved Corning Gorilla Glass 5 protection. The Android 8.1 Oreo release for the Nokia 8 was confirmed by HMD Global Chief Product Officer Juho Sarvikas on Twitter .
Israeli-Iranian War Looms in Syrian Mayhem
The two Israeli pilots ejected from the F-16 jet when it came under Syrian anti-aircraft fire and suffered only minor injuries. After all, if the drone had not been over Israeli airspace, it would have been far harder for Israel to justify its actions.
How are Prince Harry and Meghan Markle spending Valentine's Day?
Harry and Meghan then visited Social Bite, a café and social business that tackles homelessness - a cause close to Harry's heart. They put in ear plugs for the explosion, but not before Harry asked so many questions he almost delayed the time-critical event.