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Net sales of crude oil (-18 million barrels) were offset by purchases of refined fuels (+18 million barrels), according to position records published by ICE Futures and the U.S. Commodity Futures Trading Commission. Funds held a net position of 249 million barrels in crude (5th percentile for all weeks since 2013) with long positions outnumbering shorts by a ratio of 2.35:1 (13th percentile). In refined fuels, however, funds held a net position of 36 million barrels (20th percentile) with longs outnumbering shorts by 1.40:1 (20th percentile). Funds held a position of 45 million barrels in gasoline (38th percentile) on May 16, with longs outnumbering shorts by 4.20:1 (50th percentile). U.S. NATURAL GASInvestors became slightly more bullish about the outlook for U.S. gas prices following evidence that low prices are starting to curtail drilling activity, which will gradually eliminate surplus production.
A Stunning Comeback for Fernando Alonso in Formula 1
  + stars: | 2023-05-18 | by ( Ian Parkes | ) www.nytimes.com   time to read: +1 min
In 2018, after 17 seasons of dedicating his life to Formula 1, Fernando Alonso had enough. With two world titles and 32 Grand Prix victories, he walked away, albeit unfulfilled. “Now, I’m proving I’m still fast, at whatever age — that’s part of the comeback story. Despite his strong start this season, it has been 10 years since Alonso, 41, last won a Grand Prix. Max Verstappen of Red Bull, the reigning two-time champion who leads this year’s title race, would like to see Alonso win again.
The 10 worst U.S. states to retire in
  + stars: | 2023-05-13 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +1 min
But it may not be the best state to spend your post-work years. Kentucky ranks as the worst state to take up retirement in 2023, according to a WalletHub study. WalletHub ranked all 50 U.S. states based on three key categories: affordability, quality of life and health care. That means that even if a state ranked highly in one category, a much lower ranking in another category could lower its overall position. Here are the 10 best and worst states to retire in 2023, according to WalletHub:
But persistent inflation and last year’s sharp stock market decline have shaken the confidence of American workers and retirees about their retirement prospects in a way not seen since 2008. That is the key finding of the 2023 Retirement Confidence Survey - the longest-running survey of its kind measuring worker and retiree confidence. But inflation affects everyone, and it is a constant risk factor in retirement plans - even when it is not making headlines. For starters, most retirees depend on Social Security for a substantial portion of retirement income - and it comes with built-in inflation protection. This year, the COLA was a whopping 8.7%, the largest inflation adjustment in four decades.
Russia's Spetsnaz forces are often depicted as a kind of Russian super troops. Osprey PublishingMost countries' special forces emphasize physical fitness, determination and aggression. Special people, for special tasksMembers of the Russian military's 16th Separate Special Purpose Brigade during an exercise in 2018. Even so, being better than most of the Soviet army's miserable and recalcitrant conscript forces did not make most of them truly special, special forces. The special operations commandMembers of Russian's 22nd Separate Guards Special Purpose Brigade during an exercise in November 2017.
— Abortion bans in deeply conservative Nebraska and South Carolina both fell short of advancing in close legislative votes amid heated debates among Republicans, yet another sign that abortion is becoming a difficult issue for the GOP. In South Carolina, lawmakers voted 22-21 to shelve a near-total abortion ban for the rest of the year. Katie Glenn, the state policy director for Susan B. Anthony Pro-Life America, characterized the failure of both proposed abortion bans as disappointing. The failure to advance abortion restrictions has confounded conservatives who dominate both Nebraska and South Carolina and exposed a chasm on the issue of abortion within the GOP. Riepe and some Republicans across the country have noted evidence pointing to abortion bans as unpopular with a majority of Americans.
LONDON, April 26 (Reuters) - Oil prices have fallen back after a brief spike triggered by the surprise production cuts announced by Saudi Arabia and other members of OPEC+ on April 2. ROUTING THE BEARSIf one of the objectives for Saudi Arabia and its OPEC+ allies was to drive bearish hedge funds out of the oil market, it seems to have succeeded. Following the cut, however, the number of short positions was reduced further to just 78 million barrels by April 11, near to its post-2010 low of just 65 million. In the past, Saudi Arabia's oil minister has described surprise production cuts intended to discourage hedge fund short selling as "ouching". Related columns:- Oil prices stall as short-covering rally is completed (April 17, 2023)- Surprise, squeezing the shorts, and revealed preferences (April 3, 2023)- Oil market has fully absorbed impact of Russia's invasion of Ukraine (March 9, 2023)John Kemp is a Reuters market analyst.
Guardiola says destiny finally in Manchester City's hands
  + stars: | 2023-04-26 | by ( Lori Ewing | ) www.reuters.com   time to read: +2 min
MANCHESTER, England, April 26 (Reuters) - Manchester City wrestled control of the Premier League title race from Arsenal with a 4-1 thumping in their top-of-table clash on Wednesday, to the thrill of manager Pep Guardiola, who said destiny was finally in his team's hands. "The threat, Kevin-Erling, Erling-Kevin is so, so important," Guardiola said. Manchester City are also chasing the treble having booked their berths in both the FA Cup final and Champions League semi-finals. Asked whether he considers City one of the best teams in any league, Guardiola said: "If we play like today we are an incredible, competitive team. The biggest compliment, Guardiola added, is that Manchester City, who are chasing their third consecutive Premier League title, are always in the thick of it at the end of the season.
CNN —Manchester City landed a key blow in the English Premier League title race after the defending champion secured a 4-1 win against current leader Arsenal. The game encapsulated the differences between the two sides and showed where they are in their respective evolution. The home side took control of the game from the start and went ahead after just seven minutes through a brilliant Kevin De Bruyne goal from outside the box. Manchester City then missed big opportunities to double its advantage before John Stones headed home a De Bruyne freekick just before the interval. De Bruyne added a third in the second half, and although Rob Holding reduced the deficit, Erling Haaland completed City’s comprehensive win as he scored his 33rd Premier League goal of the season in stoppage time.
draft is a pinnacle for many players, most of whom have dreamed for years of hearing their names called by Commissioner Roger Goodell in front of millions of TV viewers. But in 2020, as players celebrated reaching the professional ranks, the broadcast zoomed in on their personal tragedies. Viewers learned, for example, that the sister of receiver Jerry Jeudy, whom the Denver Broncos selected 15th overall, had died while he was in high school. The package introducing Michael Pittman Jr., a receiver taken 34th by the Indianapolis Colts, revealed his stutter. Trevon Diggs, a cornerback picked 51st by the Dallas Cowboys, was noted to have lost his father to heart failure in 2008.
The most recent week saw purchases of NYMEX and ICE WTI (+12 million), Brent (+8 million), U.S. gasoline (+2 million) and European gas oil (+1 million) but sales of U.S. diesel (-3 million). But in products, the long-short ratio has increased to only 2.69:1 (40th percentile) from 2.39:1 (38th percentile) on March 21. And in middle distillates, such as gas oil and ultra-low sulphur diesel, the ratio has actually fallen slightly to 1.70:1 (33rd percentile) from 1.78:1 (35th percentile). Even on the crude side, however, the end of the short-covering process has sapped oil prices of some of their upward short-term momentum. U.S. NATURAL GASInvestors are becoming cautiously more bullish on U.S. gas prices, anticipating prices have already dropped so low the balance of risks is tilted strongly towards the upside.
NHL roundup: Bruins clinch league's best record
  + stars: | 2023-03-31 | by ( ) www.reuters.com   time to read: +7 min
Pastrnak took Hampus Lindholm's feed into the offensive zone and finished with the backhand for his 53rd goal of the season. Tyler Bertuzzi scored the lone Bruins goal of regulation, tying the game in the second period. Mario Ferraro had a goal and an assist and Oskar Lindblom and Tomas Hertl also scored for San Jose. Defenseman Henry Thrun, making his NHL debut after starring at Harvard, added two assists, and James Reimer finished with 23 saves. Blues 5, Blackhawks 3Brandon Saad scored one goal and set up another as St. Louis handed host Chicago its seventh straight loss.
NHL roundup: Streaking Rangers blow by Predators
  + stars: | 2023-03-20 | by ( ) www.reuters.com   time to read: +6 min
They have scored 15 unanswered goals in their last three games, the longest streak in the NHL this season. Goalie Jaroslav Halak stopped all 22 shots he faced one night after Igor Shesterkin recorded the shutout with 33 saves. Kirill Marchenko and Liam Foudy scored goals and Patrik Laine had two assists for Columbus, which suffered its seventh loss in eight games. Daniil Tarasov made 24 saves on 29 shots before being pulled with 3:03 left in the second period. Hofer made 33 saves in his second game filling in for Jordan Binnington, who completed his two-game NHL suspension Sunday.
NHL roundup: Wild's Kirill Kaprizov caps hat trick in OT
  + stars: | 2023-02-27 | by ( ) www.reuters.com   time to read: +6 min
Sabers 7, Capitals 4Dylan Cozens delivered his first career hat trick, and Buffalo defeated visiting Washington. Vinnie Hinostroza had a goal and an assist for Buffalo, while Cozens added an assist for the first four-point game of his career. T.J. Oshie scored his fourth goal in three games and added an assist, and Dylan Strome had a goal and an assist. Nick Schmaltz had a goal and an assist, and Shayne Gostisbehere also scored a goal for Arizona. Trocheck added an assist, and Mika Zibanejad and Artemi Panarin each had a goal and an assist.
[1/2] Soccer Football - Carabao Cup - Final - Manchester United v Newcastle United - Wembley Stadium, London, Britain - February 26, 2023 Manchester United's Bruno Fernandes and Harry Maguire lift the trophy with teammates after winning the Carabao Cup final Action Images via Reuters/Andrew CouldridgeLONDON, Feb 26 (Reuters) - Manchester United crushed Newcastle United's hopes of a claiming a first domestic trophy for nearly 70 years with a clinical 2-0 victory in the League Cup final at Wembley on Sunday. Kicking towards their fans in the second half Newcastle roused themselves into action and pinned a leggy-looking United back at times but they rarely looked like scoring. The Tyneside club has now lost each of their last nine matches at Wembley, a run that began in the 1974 FA Cup final. Newcastle were full of energy early on with Allan Saint-Maximin dangerous whenever he got the ball. "No complaints with how we played, obviously the scoreline doesn't say that, and that's where football can be cruel," Newcastle manager Howe said.
NHL roundup: William Nylander's OT goal lifts Leafs past Wild
  + stars: | 2023-02-25 | by ( ) www.reuters.com   time to read: +4 min
Mandatory Credit: Dan Hamilton-USA TODAY SportsFebruary 25 - William Nylander scored at 1:05 of overtime and the Toronto Maple Leafs defeated the visiting Minnesota Wild 2-1 on Friday night. David Kampf also scored for the Maple Leafs, who have won two in a row. Brandon Duhaime scored for the Wild, who had won their fourth straight game 2-0 on Thursday against the Columbus Blue Jackets. Canadiens 5, Flyers 2Jesse Ylonen had one goal and one assist to lift Montreal past host Philadelphia. Compher and Nathan MacKinnon each had a goal and an assist for visiting Colorado in a win over Winnipeg.
NBA roundup: Kyrie Irving leads Dallas to win in Mavs' debut
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +7 min
He added 11 assists and 10 rebounds. LaMelo Ball collected 16 points and six rebounds and Gordon Hayward added 15 points for the Hornets, who have lost five in a row. Fox (31 points, 11 assists) scored the final seven points for the Kings, who trailed 128-123 with 1:17 left. Martin added 15 points -- all in the first half -- and Jae'Sean Tate added 16 for the Rockets, who committed 13 of their 19 turnovers in the second half. Bojan Bogdanovic, Detroit's most prominent trade chip ahead of Thursday's deadline, led the Pistons with 15 points.
A technical committee of the influential OPEC+ oil producers' coalition has made no recommendation to change the group's existing production policy in its latest meeting, according to three delegates. The OPEC+ Joint Ministerial Monitoring Committee, which tracks the alliance's compliance with its output quota, convened digitally on Wednesday. The second OPEC+ technical group, the Joint Technical Committee that studies market fundamentals, canceled a virtual meeting originally scheduled for Jan. 31, according to a delegate. Neither committee can outright decide OPEC+ production policy, but the JMMC can recommend plans for the review of coalition ministers. Under that provision, the group would nominally lower their production output quotas by 2 million barrels per day.
Djokovic beats Tsitsipas for 10th Australian Open, 22nd Slam
  + stars: | 2023-01-29 | by ( ) www.cnbc.com   time to read: +7 min
Serbia's Novak Djokovic is presented with the trophy by former player Ken Rosewall after winning his final match against Greece's Stefanos Tsitsipas. Djokovic stretched his unbeaten streak in Melbourne to 28 matches, the longest run there in the Open era, which dates to 1968. Djokovic was participating in his 33rd major final, Tsitsipas in his second — and the 24-year-old from Greece's other one also ended in a loss to Djokovic, at the 2021 French Open. Little doubt this is of no solace to Tsitsipas, but there is no shame in failing to defeat Djokovic in Melbourne. Still, Srdjan Djokovic did not attend his son's semifinal or the final.
LEVERKUSEN, Germany, Jan 29 (Reuters) - Borussia Dortmund cruised past hosts Bayer Leverkusen 2-0 on Sunday for their third win in three league matches since the Bundesliga resumed after the winter break, climbing to within three points of the top spot. Goals from Karim Adeyemi and a second half own goal from Edmond Tapsoba gave Dortmund a comfortable victory and snapped Leverkusen's five-game winning run in the Bundesliga, dropping them to ninth place. "Today it was not only an important win but also a deserved one and this is something we liked. "This win won't mean much if we don't keep at it and keep delivering the same performances," Terzic said. Germany international Adeyemi rifled in his first Bundesliga goal after a good passing move from Dortmund in the 33rd minute with Leverkusen's Moussa Diaby having earlier forced a superb save from Dortmund keeper Gregor Kobel.
The company's Electron rocket lifts off from LC-2 at NASA's Wallops Flight Facility in Virginia on Jan. 24, 2023. Rocket Lab 's first U.S. launch got off the ground Tuesday evening, marking a successful mission and a long-awaited expansion of the company's capabilities. The company's Electron rocket launched from NASA's Wallops Flight Facility on the coast of Virginia, carrying a trio of satellites to orbit for radio frequency analytics specialist Hawkeye 360. Rocket Lab Electron launches possible with our game-changing flight safety technology," he said. Rocket Lab stock was down about 2% in early trading Wednesday from its previous close of $4.97 a share.
Share this -Link copiedAlhambra officials release statement on Monterey Park shooting Alhambra officials released a statement on the Monterey Park shooting early Sunday evening. Officials also acknowledged the shooting that occurred in the city after the Monterey Park shooting. Share this -Link copiedPolice release pictures to identify Monterey Park shooting suspect The Los Angeles County Sheriff's Department has released pictures seeking to identify the Monterey Park shooting suspect. Law enforcement has connected him to the Monterey Park shooting and a shooting minutes later in Alhambra. Patrons of the Alhambra dance hall wrestled a firearm away from a man about 20 minutes after the Monterey Park shooting.
Share this -Link copiedAlhambra officials release statement on Monterey Park shooting Alhambra officials released a statement on the Monterey Park shooting early Sunday evening. Officials also acknowledged the shooting that occurred in the city after the Monterey Park shooting. Share this -Link copiedPolice release pictures to identify Monterey Park shooting suspect The Los Angeles County Sheriff's Department has released pictures seeking to identify the Monterey Park shooting suspect. Law enforcement has connected him to the Monterey Park shooting and a shooting minutes later in Alhambra. Patrons of the Alhambra dance hall wrestled a firearm away from a man about 20 minutes after the Monterey Park shooting.
REUTERS/Shelby Tauber/File PhotoWASHINGTON/DAVOS, Switzerland, Jan 16 (Reuters) - U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to exchange views on economic developments and deepen communication between the world's two largest economies, a Treasury official said. Yellen and Liu will also discuss global challenges like the possibility of a world recession, the corresponding risks, and how to enhance cooperation, the official said. Yellen does not plan to attend the World Economic Forum. Yellen has met virtually three times with Liu since taking office, and met in Bali, Indonesia with Chinese central bank governor Yi Gang. Liu will step down this year as part of an overhaul of China's economic leadership disclosed in September.
REUTERS/Shelby Tauber/File PhotoWASHINGTON, Jan 16 (Reuters) - U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to exchange views on economic developments and deepen communication between the world's two largest economies, a Treasury official said. But some African countries, including Zambia, have soured on Chinese lending and are looking for alternatives, economic analysts said. Liu is in Switzerland for the World Economic Forum meetings in Davos, which Yellen does not plan to attend. Yellen has met virtually three times with Liu since taking office, and met in Bali with Chinese central bank governor Yi Gang. Liu will step down this year as part of an overhaul of China's economic leadership disclosed in September.
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