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Gasoline prices usually rise ahead of the U.S. summer driving season. Money managers in the week to Aug. 1 boosted their net long holdings of NYMEX RBOB gasoline futures to the highest since late February 2022. HEDGE FUND-FUELED TURNAROUNDGasoline futures have risen around 14% this year, compared with a roughly 2% rise for U.S. crude futures . To guarantee a profit, they need the rise in gasoline prices to be sustained until hurricane activity is confirmed. But for gasoline to continue its rise against the price of crude oil, there needs to be a hurricane in the Gulf of Mexico, they said.
Persons: Liz Hampton, Tom Kloza, Vincent Elbhar, Eliot Geller, Brent Belote, Cayler, Belote, Arion, Nell Mackenzie, Laura Sanicola, Barbara Lewis Organizations: REUTERS, Liz Hampton LONDON, Gulf Coasts, Silicon Valley, Societe Generale, Reuters, Money, Futures Trading Commission, Reuters Graphics, El, Oil Price Information Service, CTA, Investment, Commodity, Fund, Aspect, CoreCommodity Management, CoreCommodity, Barclays, JP, Cayler, Thomson Locations: Loco Hills, New Mexico, U.S, Russia, Ukraine, Gulf of Mexico, United States, Gulf, Silicon, Gulf Coast, Mexico, Europe, Hurricanes, Washington
Oil flat after bigger-than-expected build in U.S. crude stockpiles
  + stars: | 2023-07-12 | by ( ) www.cnbc.com   time to read: +1 min
An oil tank and an oil pumpjack are pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Brent futures slipped 4 cents, to $79.36 a barrel by 0015 GMT while U.S. West Texas Intermediate crude fell 1 cent to settle at $74.82. Keeping a lid on prices, U.S. crude inventories rose by about 3 million barrels in the week to July 7, according to market sources citing American Petroleum Institute industry figures. In the previous session, oil rose about 2%, boosted by a falling U.S. dollar and forecasts for global demand for petroleum to increase. Higher rates can slow economic growth and reduce oil demand.
Persons: Liz Hampton, Brent Organizations: REUTERS, West Texas, American Petroleum Institute, Reuters, Energy Information Administration, International Energy Agency, EIA Locations: Loco Hills, New Mexico, U.S, China, Saudi Arabia, Russia
Oil ticks up on OPEC+ cuts, traders eye economic data
  + stars: | 2023-07-11 | by ( ) www.cnbc.com   time to read: +1 min
An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. Oil prices edged higher on Tuesday, recouping some of the losses from the previous session, as traders focused on supply cuts by the world's biggest oil exporters Saudi Arabia and Russia and awaited data that could help ascertain demand. Supply cuts by the world's biggest oil exporters Saudi Arabia and Russia set for August helped to lift the benchmark prices, which were also supported as the U.S. dollar fell to a two-month low. A weaker dollar makes crude cheaper for holders of other currencies and often boosts oil demand. Traders were also looking ahead to U.S. crude inventory data due later on Tuesday from industry group American Petroleum Institute.
Persons: recouping Organizations: Brent, U.S . West Texas, U.S . Federal Reserve, U.S ., Traders, American Petroleum Institute, Analysts, Consumer Locations: New Mexico, U.S, Saudi Arabia, Russia, China
SAO PAULO, May 9 (Reuters) - Renowned Brazilian rock singer and songwriter Rita Lee, an icon of the Tropicalia artistic movement, died on Tuesday after a two-year battle with lung cancer, her family said. Her death brought an outpouring of tributes from artists, politicians and celebrities who cheered her trailblazing role in Brazilian rock. Rita Lee Jones de Carvalho was born on Dec. 31, 1947, in Sao Paulo, to a dentist of U.S. descent and a Brazilian pianist with Italian ancestry. Kicked out of Os Mutantes by Baptista, whom she had been married to, for supposed artistic differences, Lee played with the band Tutti Frutti in the 1970s. Rita Lee was diagnosed with lung cancer in 2021 and had been undergoing treatment since then.
They eat with their phones first and are pulled in by influencer marketingd3sign/Getty ImagesGen Z diners like their food to be "Instagrammable," the execs said. But as well as organic content, restaurants are paying influencers to advertise their products. Rebhun said that El Pollo Loco's work with influencers "without a doubt" drove customers to the brand. Dickey said that Dickey's work with influencers – in particular those involved with food and sport – was "directly in response to millennial and Gen Z." "We noticed massive fanfare around the viral hack and partnered with the creators to officially add the Fajita Quesadilla to our menus for our Gen Z superfans," Perdue said.
Another cultish cost-saving formula gets off-track
  + stars: | 2023-03-29 | by ( Jeffrey Goldfarb | ) www.reuters.com   time to read: +9 min
Despite its multiple interpretations and approaches, success is widely gauged by a railway’s operating ratio, a simple measure of how much it spends to make a buck. Union Pacific’s peers improved similarly, indicative of the antiquated ways the industry had been deploying resources. Union Pacific also found itself unable to bring back enough furloughed workers in areas where they were most needed. “In a significant departure from the railroad industry's recent past, we deliberately moved away from a singular focus on operating ratio,” he told lawmakers. “If we wanted to drive [operating ratio] lower over time, we could,” the board wrote in a letter to shareholders in late 2021.
Thousands of virtual brands are flooding delivery apps like Uber Eats, DoorDash, and Grubhub. According to a joint report by Grubhub and the market-research firm Technomic, 41% of independent restaurants are operating virtual restaurants. Uber Eats and GrubhubUber Eats and Grubhub do not label virtual brands. Our perspective is that a virtual restaurant is a real restaurant," Uber Eats told Insider. The Miami address for the virtual brand Sam's Crispy Chicken is listed as "MIA07-2" on the Uber Eats app.
Drake released “Her Loss,” a 16-track collaboration with 21 Savage, on Friday. On one song, “Circo Loco,” he seems to imply that Megan Thee Stallion’s allegations that she was shot by Tory Lanez were false. “This b—- lie ‘bout getting shots but she still a stallion,” Drake raps on the cut. On Twitter, Megan asked other artists to “stop using my shooting for clout” shortly after the album was released. Megan Thee Stallion has been vocal about critiquing the societal acceptance of violence against Black women, penning a New York Times op-ed in 2020 that reflected on her shooting and the intersection of sexism and racism.
Intel (INTC) – Intel added 1% in premarket trading following a Bloomberg report that the chip maker was planning to cut thousands of jobs to deal with a slumping personal computer market. Philips (PHG) – Philips shares slumped 8.1% in the premarket after the Dutch health technology company said its third-quarter core profit would be down about 60% from a year ago. Diamondback Energy (FANG) – Diamondback Energy announced a deal to buy energy producer FireBird Energy for $1.6 billion in cash and stock. El Pollo Loco (LOCO) – El Pollo Loco shares rallied 15.2% in premarket action after the restaurant operator announced a $1.50 per share special dividend and a stock repurchase program worth up to $20 million. Lyft (LYFT) – Lyft gained 4.3% in the premarket after Gordon Haskett upgraded the stock to buy from hold.
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Check out the companies making the biggest moves midday Wednesday:Moderna — Shares of Moderna surged 10% after the drug maker announced it will partner with Merck to jointly develop and sell a cancer vaccine. It reported preliminary month-end assets under management of $1.23 trillion as of Sept. 30. Pepsi also raised its guidance for the year as it was able to successfully raise prices on its products. Lyft — Lyft shares gained 5.8% following an upgrade from Gordon Haskett to buy from hold.
One of those original viewers was Jimmy Kimmel, who had started hosting his Jimmy Kimmel Live show and found an affinity for the comedic actor. An executive had been badgering Kimmel for a television show to pitch, which started as scrounged together clips from the web and Jimmy Kimmel Live. Andy joined Twitch and pioneered the world of IRL streamingIn 2016, Milonakis started to gain renewed attention with his Twitch streams. "I really do love the ability to be my own boss and fly all over the world and stream it live," Milonakis said. And when I do really weird, crazy shit, I feel like people don't expect that of me."
În această sâmbătă vom admira finala concursului muzical Eurovision 2021 care se desfășoară la Rotterdam, Țările de Jos. Moldova a reușit să se califice în final cu piesa „Sugar” a interpretei Natalia Gordienko. # Efendi – Mata Hari (Azerbaijan)# Hooverphonic – The Wrong Place (Belgia)# Elena Tsagrinou – El Diablo (Cipru)# Eden Alene – Set Me Free (Israel)# The Roop – Discoteque (Lituania)# Destiny – Je Me Casse (Malta)# TIX – Fallen Angel (Norvegia)# Manizha – Russian Woman (Rusia)# Tusse – Voices (Suedia)# Go_A – Shum (Ucraina)Natalia Gordienko – Sugar (Moldova)Anxhela Peristeri – Karma (Albania)Hurricane – Loco Loco (Serbia)VICTORIA – Growing Up Is Getting Old (Bulgaria)The Black Mamba – Love Is On My Side (Portugalia)Daði og Gagnamagnið – 10 Years (Islanda)Gjon’s Tears – Tout l’Univers (Elveția)Blind Channel – Dark Side (Finlanda)Stefania – Last Dance (Grecia)Începând din 2000, Franța, Germania, Regatul Unit și Spania sunt calificate automat în finală, indiferent de pozițiile ocupate de acestea în trecut, datorită statutului lor ca cei mai mari 4 contribuitori financiari către EBU. De când Italia a revenit în concurs, și ea evoluează deodată în finală. Barbara Pravi – Voilà (Franța)Blas Cantó – Voy A Quedarme (Spania)James Newman – Embers (Anglia)Jendrik – I Don’t Feel Hate (Germania)
Persons: În, Țările de, Natalia Gordienko, Efendi – Mata, Elena Tsagrinou – El, Roop – Discoteque, – Shum, Anxhela, Stefania –, Începând, indiferent, statutului, financiari, finală, Barbara Pravi –, Blas Cantó –, James Newman Organizations: la, Hurricane, Regatul, De Locations: la Rotterdam, Țările, Țările de Jos, Moldova, Efendi – Mata Hari, Azerbaijan, Israel, Malta, Albania, Serbia, VICTORIA, Bulgaria, Franța, Germania
0Сегодня, 20 мая, в Роттердаме состоится второй полуфинал международного песенного конкурса “Евровидение-2021”. На нём выступят 17 участников, в том числе представительница Республики Молдова Наталья Гордиенко, которая исполнит песню “Sugar”. Гордиенко выступит под счастливым номером “7”. Напомним, что 10 других финалистов были отобраны по итогам первого полуфинала 18 мая. Автоматически в финал попадают представители страны-хозяйки конкурса, а также самых крупных доноров Европейского вещательного союза – Великобритании, Германии, Испании, Италии и Франции.
Persons: Benny Cristo — omaga, Stefania —, Vincent Bueno —, Natalia Gordienko —, Tina —, – Go_A, Наталья Гордиенко, Гордиенко, Манижа Organizations: Европейский вещательный союз Locations: , Роттердам, Республика Молдова, Греция, Болгария, Польша, Эстония, Чехия, Австрия, Польша Молдова Исландия Сербия Грузия Албания Португалия, Болгария Финляндия, Латвия, Швейцария, Дания, Исландия, Россия, Украина, Великобритания, Германия, Испания, Италия, Франция
Legendarul fotbalist uruguayan Sebastian Abreu nu se satură de fotbal nici la 44 de ani. Atacantul s-a transferat la al 31-lea club din carieră. Alte cluburi la care a evoluat sunt San Lorenzo, Nacional, Cruz Azul, Monterey, Tigres, River Plate, sau Rosario Central.În Europa, Abreu a jucat la Deportivo La Coruna, Real Sociedad, Aris Salonic și Beitar Ierusalim.La reprezentativa Uruguay-ului a jucat în perioada 1996-2012. În cele 70 de partide a marcat 26 de goluri. El a cucerit Copa America în 2011, iar un an mai devreme a ajuns cu echipa națională în semifinalele Campionatului Mondial.
Persons: Sebastian Abreu, Abreu Organizations: Club America, Sporting, Cruz, Plate, Deportivo, Real, America Locations: ţara, San Lorenzo, Nacional, Cruz Azul, Monterey, Tigres, Rosario Central.În Europa, Coruna, Real Sociedad, Aris Salonic, Beitar, Uruguay
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