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SILKYARA, India, Nov 27 (Reuters) - Rescuers on Monday brought in "rat miners" to drill through a narrow pipe and help pull out 41 construction workers trapped in a tunnel in the Indian Himalayas for more than two weeks after high-powered machines failed, officials said. The men, low-wage workers from India's poorest states, have been stuck in the 4.5km (3 miles) tunnel in Uttarakhand state since it collapsed on Nov. 12. The men have been getting food, water, light, oxygen and medicines through a pipe but efforts to dig a tunnel have run into a series of snags with machines. "Rat mining" is a primitive, hazardous and controversial method used in India mostly to remove coal deposits through narrow passages. Mishra visited the site and spoke to the trapped men through a communication link.
Persons: Rakesh Rajput, Francis Mascarenhas, Harpal Singh, Mahmood Ahmad, Narendra Modi's, P.K, Mishra, Sakshi Dayal, YP Rajesh, Ed Osmond Organizations: Reuters, REUTERS, Government, Organisation, Authorities, YP, Thomson Locations: SILKYARA, India, Uttarakhand, Uttarkashi, Char, New Delhi
Winter storm causes power outages, road closures in Ukraine
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +2 min
[1/5] Emergency workers release a van which is stuck in snow during a heavy snow storm in Odesa region, Ukraine in this handout picture released November 27, 2023. The extreme weather comes as tens of thousands of troops man front-line positions in the 21-month-old war with Russia and amid fears Moscow could target the power grid with air strikes this winter. Ukraine's largest private energy provider, DTEK, said early on Monday that it had been able to restore power to nearly 250 settlements. Ukraine's border service also said on Sunday that Moldova had temporarily suspended vehicle access to its territory from two crossing points in the Odesa region. Reporting by Dan Peleschuk; editing by Tom Balmforth and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: Ihor Klymenko, Dan Peleschuk, Tom Balmforth, Bernadette Baum Organizations: Press, State Emergency Service of Ukraine, REUTERS Acquire, Rights, Telegram, Thomson Locations: Odesa region, Ukraine, Odesa, Russia, Moscow, Ukraine's, Moldova, Kyiv
Hindu priests pray at a makeshift shrine outside the entrance of a tunnel where workers are trapped after the tunnel collapsed in Uttarkashi, in the northern state of Uttarakhand, India, November 23, 2023. The men, low-wage construction workers, have been confined in the 4.5-km (3-mile) tunnel in Uttarakhand state since it caved in early on Nov. 12. Attempts to pull them out by drilling through the debris of rock, stones and metal and pushing through an evacuation pipe have been slowed by snags. The collapsed tunnel is on the Char Dham pilgrimage route, one of the most ambitious projects of Prime Minister Narendra Modi's government. It aims to link four key Hindu pilgrimage sites with 890 km (550 miles) of two-lane road, at a cost of $1.5 billion.
Persons: Shankar Prasad Nautiyal, Rescuers, Deepak Patil, Narendra Modi's, YP Rajesh, Lincoln Organizations: REUTERS, Authorities, snags, Reuters, National Highways Authority, YP, Thomson Locations: Uttarkashi, Uttarakhand, India
A23a, the world's biggest iceberg, is on the move 37 years after it broke off from Antarctica. Scientists will keep a close eye on it as it could threaten wildlife near South Georgia Island. AdvertisementThe world's biggest iceberg, covering about 1,500 square miles, is on the move. NASA WorldviewA23a lost its title of world's biggest iceberg in May 2021, but jumped ahead once again in October 2022, when the previous record-holder, A76, broke into three pieces, per the Guinness World Records website. A gentoo penguin with a newborn chick South Georgia.
Persons: , A23a, Andrew Fleming Organizations: Ocean, Service, BBC, British Antarctic Survey, NASA, Records, Getty Locations: Antarctica, South Georgia, Weddell, Soviet, Georgia
They serve on the board of Groundwater Management District 3, which since 1996 has overseen the pumping of 16.2 trillion gallons of groundwater — enough to fill Lake Mead, the country’s largest reservoir, twice over. From Maryland to Hawaii groundwater levels are falling, often the result of overpumping and underregulation, made worse by climate change. Groundwater Levels at Goldstrike Mine Observation wells at Goldstrike show a pattern of immense groundwater withdrawals. “And money talks.”Kansas City Groundwater Management District 3 KANSAS Wichita KANSAS Groundwater Management District 3 Kansas City Groundwater Management District 3 KANSAS WichitaGrowing corn in the Kansas drylandsIn Kansas, the power of the men who run Groundwater Management District 3 is enormous. Groups like Groundwater Management District 3 have until 2026 to come up with plans to sustain groundwater.
Persons: Lake Mead, , Catherine Hospital —, we’re, , Lindsay Vaughn, David Robert Elliott, Joe Newland, Nevada Adam Sullivan, Christina Erling, Erling, Adam Sullivan, Emily Najera, Kim Raff, Julie Pazina, ” Barrick, Michael McCarthy, Barrick, ” Mr, McCarthy, Michael H, Taylor, Patrick Donnelly, don’t, Helena Billings, it’s, Galt, Wylie Galt, Bill Galt, Dutton, Wylie, Errol Galt, Galt’s, Matthew Hamon, The New York Times Eugene Graf, Montana homebuilders, The New York Times Montana, Brad Dundas, Dundas, Mr, John Tubbs, Tubbs, The New York Times Errol Galt, Eugene Graf, Graf, Guy Alsentzer, , Lucas Bessire, Vaughn, Newland, Mark Rude, Kan, The New York Times Mark Rude, Ms, Lall, Ali Zaidi, Biden, Jared Huffman, Huffman Organizations: Groundwater Management, Walmart, State, The New York Times, Kansas Farm Bureau, New York Times, NEVADA Carson City Las, Barrick, Carson City Las, NEVADA Carson City, North, Barrick Gold Corporation, Nevada Gold Mines, Nevada, of Water, University of Nevada, Center for Biological Diversity, Republican, Representatives, The Times, Galt, state’s Department of Natural Resources, The New York, Montana Fish, Montana Building Industry Association, KANSAS, KANSAS Wichita KANSAS Groundwater Management, KANSAS Wichita, Kansas drylands, Management, Kansas City Topeka, Kansas City, Topeka Wichita, Survey, University of Oklahoma, Groundwater, Kansas, Columbia Water Center, Columbia University, Natural Resources Defense Council, Marin Municipal Water District, Fisheries Locations: United States, Garden City, Kan, America, Lake, Kansas, Maryland, Hawaii, Barrick, NEVADA Carson, Carson, Nevada, Canada, Goldstrike, North America, Barrick’s, ” MONTANA, Helena, Bozeman MONTANA, Helena Billings Bozeman, Montana, Galt, , Broadwater County, Elk, Confederate, Sulphur Springs, Mont, Upper Missouri, Townsend, ” Kansas, Groundwater Management District, KANSAS Wichita KANSAS, KANSAS Wichita KANSAS Groundwater Management District, KANSAS, Kansas drylands In Kansas, District, Wichita, Kansas City Topeka, Management District, Topeka, Kansas City, Arkansas, Washington, California, Marin
2024 Corvette E-Ray: The Quickest ’Vette Ever
  + stars: | 2023-11-23 | by ( Dan Neil | ) www.wsj.com   time to read: 1 min
ZOOM SERVICE The 2024 Corvette E-Ray is the company’s first hybrid model and the first with all-wheel-drive, courtesy of permanent-magnet motor (160 hp/125 lb ft) between the front wheels, paired with a mid-mounted 6.2-liter, 495-hp V8 and eight-speed transmission. Photo: ChevroletON A RECENT TRIP to Los Angeles, I spent a day being awesome in the new, unseemly civilized Corvette E-Ray, Chevrolet’s first hybrid-powered Corvette and the first with winter-worthy all-wheel drive. For Canadians, Christmas came early this year. The E-Ray has the distinction of being not only the most vigorously accelerating ’Vette in history; it is also, weirdly, the most refined, versatile, usable and commodious. Our test car—in the 3LZ trim package ($123,705, as tested)—was a leather-wrapped luxury launch, buoyed on the adaptive suspension and supple, multi-mode magnetic dampers.
Persons: Ray, Chevrolet’s, Christmas, Locations: Los Angeles
SILKYARA, India, Nov 23 (Reuters) - Rescuers in India hope to finish drilling through debris on Thursday and free 41 men trapped in a highway tunnel in the Himalayan region after a metal obstacle slowed progress, officials said. The men began the twelfth day of their ordeal confined in the 4.5-km (3-mile) tunnel in Uttarakhand state since it caved in early on Nov. 12. Once the drill breaks through, officials said they plan to send rescuers through the evacuation pipe, using stretchers on wheels, to bring out the trapped men. [1/2]An ambulance arrives at the tunnel where workers are trapped after the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 23, 2023. REUTERS/Shankar Prasad Nautiyal Acquire Licensing RightsA rescue mission is currently underway at the Silkyara tunnel in Uttarakhand to free 41 workers who are stuck inside following a landslide.
Persons: Atul Karwal, Bhaskar Khulbe, Shankar Prasad Nautiyal, Pushkar Singh, Gabbar Singh Negi, Saba Ahmed, Narendra Modi's, YP Rajesh, Clarence Fernandez Organizations: Authorities, Force, Rescuers, REUTERS, National Highways Authority, YP, Thomson Locations: SILKYARA, India, Uttarakhand, Uttarkashi, Pushkar
[1/2] An ambulance arrives at the tunnel where workers are trapped after the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 23, 2023. Once the drilling is completed, officials plan to send rescuers through the evacuation pipe with stretchers on wheels to bring out the trapped men, they said. Authorities have not said what caused the tunnel collapse, but the region is prone to landslides, earthquakes and floods. Efforts to bring the men out have been slowed by snags in drilling in the mountainous terrain. The collapsed tunnel is located on the Char Dham pilgrimage route, one of the most ambitious projects of Prime Minister Narendra Modi's government.
Persons: Shankar Prasad Nautiyal, Bhaskar Khulbe, Khulbe, Narendra Modi's Organizations: REUTERS, Authorities, Wednesday, National Highways Authority, YP Rajesh, Thomson Locations: Uttarkashi, Uttarakhand, India
The internet appears divided over a video showing a Chinese waitress serving food to customers. Some people think it's a humanoid robot, but others say it's a woman acting. The South China Morning Post reported that it's actually the restaurant's owner, who is a dancer. Some think it's a humanoid robot, but others say it's a human who is acting. AdvertisementThere were some 5,000 robots serving customers in Korean restaurants in 2022, the Financial Times reported, citing industry data .
Persons: it's, , Topia Organizations: China Morning Post, Service, China Morning, Ministry of Industry, Information Technology, CBS News, Financial Times Locations: China, Texas
Hedge fund short sellers have lost $43 billion in recent days as stocks rally, the Financial Times reported. The S&P 500 is on track for its best month since July 2022. With a more than 7% gain in November, the S&P 500 is on pace for its best month since July 2022. AdvertisementThe FT notes that analysts say some hedge funds have had to repurchase stocks to cover their short bets as a "short squeeze" pushed share prices even higher. According to S3 data, bets against technology, healthcare, and consumer discretionary were the most painful for hedge funds.
Persons: , Stocks, Goldman Sachs, Nicholas Colas, Jessica Rabe Organizations: Financial Times, Service, Wednesday Financial, S3 Partners, Federal Reserve, Carnival Corp
REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsNEW DELHI, Nov 22 (Reuters) - U.S. authorities thwarted a plot to kill a Sikh separatist in the United States and issued a warning to India over concerns the government in New Delhi was involved, the Financial Times reported on Wednesday, citing unnamed sources. The Financial Times said that the sources did not say if the protest to India resulted in the plot being abandoned by the plotters, or if it was foiled by the Federal Bureau of Investigation (FBI). Apart from the diplomatic warning to India, U.S. federal prosecutors have also filed a sealed indictment against at least one suspect in a New York district court, the FT report said. Pannun, like Nijjar, is a proponent of a decades-long, but now a fringe demand to carve out an independent Sikh homeland from India named Khalistan. The Financial Times report mentioned that the U.S. shared details of the thwarted plot with a wider group of allies after Canada's public accusation.
Persons: Joe Biden, Narendra Modi, Evelyn Hockstein, Hardeep Singh Nijjar, Gurpatwant Singh Pannun, Pannun, Shivam Patel, Krishn Kaushik, Andrew Heavens, Alex Richardson Organizations: India's, White, REUTERS, Financial Times, U.S, Federal Bureau of Investigation, Indian, Khalistan, Reuters, Thomson Locations: Washington , U.S, DELHI, United States, India, New Delhi, Canada, Vancouver suburb, U.S, New York, Canadian
REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON/NEW DELHI, Nov 22 (Reuters) - The United States is treating a reported plot to kill a Sikh separatist on American soil with utmost seriousness and has raised the issue with the Indian government "at the senior-most levels," the White House said on Wednesday. The Financial Times reported, citing unnamed sources, that U.S. authorities thwarted a plot to kill a Sikh separatist in the United States and issued a warning to India over concerns the government in New Delhi was involved. It stated he threatened in video messages to not let Air India operate anywhere in the world. The case comes against the historical backdrop of a bombing in 1985 of an Air India aircraft flying from Canada to India that killed 329, and for which Sikh militants were blamed. Pannun told Reuters on Tuesday that his message was to "boycott Air India not bomb."
Persons: Joe Biden, Narendra Modi, Evelyn Hockstein, Gurpatwant Singh Pannun, Hardeep Singh Nijjar, Pannun, Adrienne Watson, Biden, Arindam Bagchi, Bagchi, Hardeep Singh, Shivam Patel, Krishn Kaushik, Jeff Mason, David Brunnstrom, Andrew Goudsward, Andrew Heavens, Alex Richardson, Alistair Bell Organizations: India's, White, REUTERS, WASHINGTON, Financial Times, Air India, Indian, Washington, FBI, U.S . Justice, India's National Investigation Agency, Sikh, Reuters, Air, Justice, Thomson Locations: Washington , U.S, DELHI, United States, India, New Delhi, Canada, Vancouver, U.S, New York, Air India
CNN —Rescuers in India drilled past the halfway mark on Wednesday in efforts to reach workers trapped in a partially collapsed tunnel in the Himalayas. Forty-one labourers became trapped in India’s northern Uttarakhand state after part of the passageway to the tunnel’s entrance gave way on November 12, sparking a frantic rescue mission. People stand near the entrance to the site of the collapsed tunnel in northern India on Friday. Rahul Grover/APA high-powered drilling machine is airlifted in to assist in the tunnel rescue. A second pipeline was put in place on Tuesday to deliver more food to the workers.
Persons: Rahul Grover, Neeraj Khairlanji, Narendra Modi’s Char Organizations: CNN, Rescuers, Authorities, India’s, Management Authority, Indian Locations: India, India’s, Uttarakhand, Narendra Modi’s Char Dham, China
Heavy machinery moves outside a tunnel where 40 road workers are trapped after a portion of the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 16, 2023. REUTERS/Shankar Prasad Nautiyal/File photo Acquire Licensing RightsSILKYARA, India, Nov 22 (Reuters) - Rescuers have drilled about halfway through fallen debris to reach 41 workers trapped for ten days inside a collapsed tunnel in the Indian Himalayas, an official said on Wednesday. First images emerged on Tuesday from within the tunnel, showing workers in white and yellow hardhats standing in the confined space and communicating with rescuers, after a medical endoscopy camera was pushed through a smaller pipeline. Authorities have not said what caused the tunnel collapse, but the region is prone to landslides, earthquakes and floods. Reporting by Saurabh Sharma in Silkyara; Writing by Shivam Patel; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.
Persons: Shankar Prasad, Deepak Patil, Saurabh Sharma, Shivam Patel, Clarence Fernandez Organizations: REUTERS, Authorities, Thomson Locations: Uttarkashi, Uttarakhand, India
Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon Acquire Licensing RightsNov 21 (Reuters) - Blackstone (BX.N) plans to close a fund that exposes investors to a variety of hedge funds and trading strategies after assets fell almost 90% in four years, the Financial Times reported on Tuesday. The US.-based asset manager told investors that Blackstone Diversified Multi-Strategy fund will close at the end of the year, the newspaper reported, citing Blackstone. The fund reported a 2% decline in returns from the beginning of 2020 until the end of last month, the report said, quoting investor documents. We are in talks with clients to move their capital to newer strategies that offer greater flexibility than the current structure allows," FT quoted Blackstone as saying.
Persons: Blackstone, Anirudh, Dhanya Ann Thoppil Organizations: Blackstone Group, REUTERS, Blackstone, Financial Times, Thomson Locations: New York City, U.S, Bengaluru
CNN —The first images of dozens of men trapped inside a collapsed Himalayan tunnel have emerged, as a complex and frustrating operation to free them enters its tenth day. Show us each person’s face.”The 41 trapped laborers have been receiving food, water and oxygen through the pipe after the entrance to the tunnel they were helping to build gave way on November 12. “Confidence of keeping the lives of the trapped workers safe has increased manifold,” said a statement released by state officials on Monday. Video shows a monitor showing the feed of a camera being sent down through a pipe installed into the tunnel. Authorities say they are exploring all options to reach the men, including reaching out for international help to teams involved in other complex rescues.
Persons: Organizations: CNN, Authorities, India’s, Management Authority, Rescuers, Reuters, National Highways, Infrastructure Development Corporation Locations: Uttarakhand Government, New Delhi
SILKYARA, India, Nov 21 (Reuters) - The first images emerged on Tuesday of 41 men trapped for more than a week in a highway tunnel in the Indian Himalayas, showing them standing in the confined space and communicating with rescue workers. Efforts to bring out the 41 men have been slowed by snags in drilling through the debris in the mountainous terrain. A rescue mission is currently underway at the Silkyara tunnel in Uttarakhand to free 41 workers who are stuck inside following a landslide. The trapped men are low-wage workers, most of them from poor states in India's north and east. "He said he is doing fine," Sunita Hembrom, the sister-in-law of one of the workers trapped in the tunnel, Surendra Kisko, told reporters after she spoke to him.
Persons: Saurabh Sharma, Abhishek Sharma, Sharma, Prem Pokhriyal, Sunita Hembrom, Surendra Kisko, YP Rajesh, Clarence Fernandez Organizations: Reuters, REUTERS, Authorities, YP, Thomson Locations: SILKYARA, India, Uttarakhand, Uttarkashi, India's
Learn moreWe're only a few days away from Black Friday 2023, and the early deals are only getting hotter. Before the true shopping bonanza starts on November 24, take advantage of this week's best early Black Friday deals to get a headstart on holiday shopping. Some of the best Black Friday deals this week include a $640 discount on a premium 31 cu. And be sure to check out our complete guide to all of the best Black Friday deals for more sales and shopping advice. The best early Black Friday deals this weekFor more Black Friday discounts, be sure to check out our other deal roundups packed with all of the latest sales you can shop right now:
Persons: We're Organizations: Black, Samsung
Russia has been using so-called "ghost ships" to skirt the West's oil price cap. Russia sends millions of barrels of crude oil through a choke point at the Danish straits, per the outlet. AdvertisementRussian oil tankers could face a crackdown at a key choke point, according to the Financial Times. But Denmark could struggle to stop the ghost ships because of constraints on its own navy, according to maritime experts. Blocking commercial traffic in the Danish straits would come close to a declaration of war," Hans Peter Michaelsen, an independent defense analyst, told Reuters.
Persons: , Hans Peter Michaelsen Organizations: EU, Financial Times, Service, European Union, KSE, Bloomberg, FT, UN, Reuters Locations: Russia, Denmark, Moscow, Saint Petersburg, EU, Danish
US and international oil prices jumped on Friday by more than 4% after a week-long slump. Saudi Arabia is considering prolonging production cuts into 2024, the Financial Times reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS and global oil prices surged on Friday following a week-long slump, as the Financial Times reported top producer Saudi Arabia is considering prolonging its production cuts into 2024. Falling oil prices would be the main driver of the cuts, but some members, the report said, are concerned about the Israel-Palestine conflict and the crisis unfolding in Gaza.
Persons: , Brent, Prince Abdulaziz bin Salam Organizations: Financial Times, Service, West Texas Intermediate, FT, Saudi Locations: Saudi Arabia, OPEC, Vienna, Israel, Palestine, Gaza, Kuwait, Algeria, Iran
FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo/File Photo Acquire Licensing RightsNov 16 (Reuters) - Blackstone (BX.N) is in the final stages of raising about $400 million for its Blackstone Private Credit Fund (BCRED) to secure additional investment advantage, the Financial Times reported on Thursday. The private equity firm will sell loans that BCRED owns to the CLO to enhance competitiveness, FT said. Blackstone, which also manages multiple other funds, faced a significant decline in withdrawal requests from Blackstone Real Estate Income Trust (BREIT) in September, Kathleen MacCarthy, its global co-head of real estate, said then. Financial Times had in August reported that Blackstone, , plans to launch a private equity fund for wealthy individuals early next year.
Persons: CLOs, Blackstone, Kathleen MacCarthy, Mrinmay Dey, Dhanya Ann Thoppil Organizations: Blackstone Group, REUTERS, Blackstone, Blackstone Private Credit Fund, Financial Times, The, Reuters, Unified Women’s Healthcare, Blackstone Real, Income, Thomson Locations: New York City, U.S, The New York, Bengaluru
Israeli President Isaac Herzog addresses a joint meeting of the U.S. Congress at the U.S. Capitol on July 19, 2023 in Washington, DC. The IDF said it found Hamas grenades and assault rifles inside the hospital, although CNBC has not been able to verify the claims. Hamas rejected accusations that it has been using the hospital for military purposes, describing the claims as nothing but "lies and cheap propaganda." Meanwhile, Israel's President Isaac Herzog warned that a "very strong force" will be needed in Gaza in the near future, as the country seeks to avoid a return to power of the militant group Hamas. We can't leave a vacuum ... No one will want to turn this place, Gaza, into a terror base again."
Persons: Isaac Herzog, Herzog Organizations: U.S, Congress, Capitol, Israel Defense Forces, Palestinian National, CNBC, Hamas Locations: Washington , DC, Gaza
[1/5] Zhou Quan, from China, holds a Guinness World Records' certificate after achieving the most consecutive, 11 repetitions, single leg full twist back somersaults in Chenzhou, Hunan, China August 15, 2023 in this handout picture released in celebration of Guinness World Records Day 2023. Now he is among the super-skilled people, expert at doing unusual and difficult things that are being celebrated on Thursday by Guinness World Records Day. Guinness World Records Editor-in-Chief Craig Glenday, who was on hand to adjudicate Swift's record ride, said this year's theme is super skills. "Guinness World Records Day is a global celebration of the superlative," he said. The United States, meanwhile, boasts Henry Cabelus who holds eight world records after achieving the highest backflip Pogo Stick jump, making it over a height of 3.07 metres (10.07 ft).
Persons: Zhou Quan, Britain's Paul Swift, Swift, Craig Glenday, Henry Cabelus, I’ve, Sarah Mills, Barbara Lewis Organizations: Records, Guinness, Britain's Silverstone, Guinness World, Thomson Locations: China, Chenzhou, Hunan, Britain's, Japan, United States
U.S. crude stocks rose by 3.6 million barrels in the last week to 421.9 million barrels, according to the U.S. Energy Information Administration (EIA), far exceeding analysts' expectations in a Reuters poll for a 1.8 million-barrel rise. U.S. domestic crude production stayed at a record 13.2 million barrels per day, the data showed. In an indication of strong demand, gasoline stocks saw a surprise draw of 1.5 million barrels, while diesel stocks drew more than expected at 1.4 million barrels. American Petroleum Institute figures on Tuesday had showed rising crude oil and gasoline inventories last week, according to market sources. Downward pressure on oil prices may come from the supply side, with the United States "likely at peak production for crude," while the delayed release of its oil data makes the investment situation more opaque, Evans said.
Persons: Agustin Marcarian, Brent, John Evans, PVM, Evans, Arathy Somasekhar, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Raju Gopalakrishnan, Mark Potter, Jane Merriman, Emelia, Alexandra Hudson Organizations: REUTERS, HOUSTON, . West Texas, U.S . Energy Information Administration, American Petroleum Institute, International Energy Agency, Organization of, Petroleum, Financial Times, European Union, Alexandra Hudson Our, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Denmark, U.S, China, United States, Houston, London
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Denmark could block Russian tankers in its waters -FTUS oil supply could be keeping prices down -analystInflation cools in US, UKLONDON, Nov 15 (Reuters) - Oil prices dipped on Wednesday amid signs the United States, the world's biggest oil producer, is at peak production, offsetting positive crude demand signals from top consumer China. The International Energy Agency joined the Organization of the Petroleum Exporting Countries and its allies (OPEC+) in raising oil demand growth forecasts for this year, despite projections of slower economic growth in many major countries. Downward pressure on oil prices may come from the supply side, with the United States "likely at peak production for crude," while the delayed release of oil data from the world's biggest producer makes the investment situation more opaque, Evans said. A weaker dollar can boost oil demand by making crude cheaper for buyers using other currencies.
Persons: Agustin Marcarian, Brent, John Evans, Evans, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Raju Gopalakrishnan, Mark Potter, Jane Merriman Organizations: REUTERS, LONDON, U.S, West Texas, International Energy Agency, Organization of, Petroleum, U.S . Energy Information Administration, Financial Times, European Union, Federal Reserve, U.S ., Bank of, European Central Bank, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Denmark, United States, China, London
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