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Reality TV star Christina Oliva Cinque shared a video of her twins in their two-storey luxury playhouse. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The video then cut to show Anthony, who said he would resume the tour as his sister had a "meltdown." Paris Hilton also made an appearance in the comment section, asking which company had made the playhouse. The second TikTok didn't go anywhere near as viral, receiving 140,000 views and 57 comments which seemed much more positive.
Persons: Christina Oliva Cinque, , Simona, Brenda Lee, Anthony, they'd, Paris Hilton, Cinque, she's Organizations: Service, Paris, Lilliput, Business Locations: New York City, TikTok, Instagram
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. On December 19, an X user who goes by Dexter shared an image of a retro-looking desktop that many millennials likely grew up with. "There was a time when we respected the computer," they wrote alongside the image. Many said they missed the days when they weren't constantly logged in and connected to the online world 24/7. And if you're still unconvinced, here's a reminder of the realities of the internet of yesteryear:
Persons: , Dexter, seJcPZV8RW — Dexter, @planet_nerf, they'd, Forrester, @somefrogs.co, Z Organizations: Service, Business, MSN, Durham University, Facebook Locations: Canada
A millennial and Gen Zer showed their different gestures to mime various actions. The on-screen caption said they were testing to see if they were a millennial or Gen Z. Advertisement"My fingers physically cannot do the gen z heart," one viewer wrote in the most popular comment which received over 14,500 likes. Another viewer suggested this may be more of an indication that someone was a younger Gen Z or Gen Alpha, as they wrote they were born in 2000 and still used the millennial gestures. Many creators have delved into the humor and fashion that can set the age groups apart, especially when it comes to millennials and Gen Z.
Persons: Zer, , they've, Ludny, millennials, Gen Zers, Alpha, It's, Zers Organizations: Service Locations: winder, millennials
Australia's Greens to investigate supermarket 'price gouging'
  + stars: | 2023-12-03 | by ( ) www.reuters.com   time to read: +2 min
[1/2] People walk past a Woolworths supermarket following the easing of restrictions implemented to curb the spread of the coronavirus disease (COVID-19) in Sydney, Australia, June 16, 2020. REUTERS/Loren Elliott Acquire Licensing RightsSYDNEY, Dec 3 (Reuters) - Australia's Greens party said on Sunday it would lead a parliamentary inquiry into "price gouging" by major supermarkets as the country grapples with high costs of living. "It will also assess the rise in essential item prices, the validity of discounts offered, and the inflation of profits during economic hardship," added McKim, accusing supermarkets of "price gouging" during "Australia's cost of living crisis". "Construction costs, energy prices, the cost of logistics and packaging have all risen", the spokesperson said. A Woolworths spokesperson said the company was "working to deliver relief" on grocery bills.
Persons: Loren Elliott, Nick McKim, McKim, Competition Andrew Leigh, Leigh, Sam McKeith, Lincoln Organizations: Woolworths, REUTERS, Rights, Australia's Greens, Greens, Coles, Competition, Labor, Reserve Bank of Australia, Thomson Locations: Sydney, Australia
In a 2012 episode of "Kitchen Nightmares" Gordon Ramsay called a grilled lettuce dish "hideous." Ramsay later incorporated grilled romaine lettuce in a menu for a NASCAR event, Fox Sports reported. A viewer who spotted it called Ramsay out and suggested he should apologize. In the clip, Ramsay seemed astonished to find grilled caesar salad on the menu, and asked a server if it was a misprint. In his video, Doty pointed to this part of the menu, and called on Ramsay to apologize to the chef he had previously ridiculed for grilling lettuce.
Persons: Gordon Ramsay, Ramsay, , Gordan Ramsay, Nick Doty, Doty, dumbfounded Organizations: NASCAR, Fox Sports, Service, YouTube Locations: romaine, Inman Park , Georgia
Across the country — including in Georgia, Kentucky, Missouri and Tennessee — scientists are tracking turkeys, hoping to learn why they are in decline and what might fix it. Even in states like Pennsylvania, where turkey numbers are relatively stable, state officials are studying their numbers and watching for lessons from other places. Many suspect a reduction in the types of habitat conducive to turkey nesting might be driving the losses. There is general agreement that there is not just one reason, and that the specifics might vary from place to place. “There’s a lot of different things, and there are a lot of different factors.”
Persons: , Marcus Lashley, Andrew Little, Organizations: University of Florida, Wild, University of Nebraska Locations: Turkey, Georgia , Kentucky , Missouri, Tennessee, Pennsylvania, Wild Turkey, Lincoln
A remote worker shared a video of herself on her laptop while at the movie theater. Williams told Business Insider in an email exchange that she juggled multiple freelance roles, which included writing product reviews and writing for a mobile game. she told Business Insider. "If companies are gonna force people back into the office, they're gonna do it no matter what we do," she told Business Insider. "If I felt like I was bugging someone, the laptop would've gone straight away," she told Business Insider.
Persons: , Hanna Williams, Williams, they'd, they're Organizations: Service, AMC Theatres, AMC Locations: Los Angeles , California, Sterling Heights , Michigan
Federal Takeover Sought for Rikers Island
  + stars: | 2023-11-18 | by ( Corinne Ramey | Erin Ailworth | ) www.wsj.com   time to read: 1 min
Rikers Island houses thousands of defendants awaiting trial in New York City in addition to convicted inmates serving short sentences. Photo: Andrew Lichtenstein/Corbis/Getty ImagesManhattan’s top federal prosecutor and lawyers for people detained at Rikers Island asked a judge to take the rare step of ordering a federal takeover of the troubled New York jail complex, saying city officials could no longer manage a facility dominated by brutal conditions. The formal request comes after years of litigation over safety at Rikers Island, which houses thousands of defendants awaiting trial in addition to convicted inmates serving short sentences. The lawyers also asked that a judge find New York City in contempt for violating prior court orders requiring improved conditions at its jails.
Persons: Andrew Lichtenstein Organizations: New Locations: New York City, York, Rikers
2 pick in the 2016 amateur draft, was dropped by Cincinnati and Gold Glove catcher Jacob Stallings by Miami. A pair of 2019 All-Stars were allowed to go free, designated hitter Daniel Vogelbach by the New York Mets and outfielder Austin Meadows by Detroit. Atlanta jettisoned two more arbitration-eligible players in separate trades with Kansas City, sending right-handers Kyle Wright and Nick Anderson to the Royals. San Francisco reached deals with outfielders Mike Yastrzemski ($7.9 million) and Austin Slater ($4 million), and Baltimore with shortstop Jorge Mateo ($2.7 million), left-hander Keegan Akin ($825,000) and outfielders Sam Hilliard and Ryan McKenna ($800,000 each). Stewart ($1.38 million), Kansas City left-hander Josh Taylor ($1.1 million) and Chicago White Sox right-hander Matt Foster ($750,000).
Persons: Brandon Woodruff, Kyle Lewis, Nick Senzel, Jacob Stallings, Daniel Vogelbach, Austin Meadows, Dakota Hudson, Louis, Matt Bush, Kyle Wright, Nick Anderson, Jackson Kowar, Wright, Anderson, Mike Soroka, Nicky Lopez, Jared Shuster, Riley Gowens, Braden Shewmake, Aaron Bummer, Cleveland, Scott Barlow, Enyel, Enyel De Los Santos, Cal Quantrill, Kody Huff, Ramón Laureano, Peter Bendix, utilityman Vidal Bruján, Calvin Faucher, Erick Lara, Andrew Lindsey, Bendix, Luis Urías, Isaiah Campbell, Woodruff, it’s, Matt Arnold, Laureano, Mike Yastrzemski, Austin Slater, Jorge Mateo, Keegan Akin, Sam Hilliard, Ryan McKenna, Miguel Andujar, Abraham Toro, Jake Cave, Dylan Covey, Garrett Stubbs, Patrick Wisdom, Yency Almonte, Ryan Borucki, D.J, Stewart, Josh Taylor, Matt Foster, Steve Megargee, ___ Organizations: Milwaukee, AL, Cincinnati, New York Mets, Veteran, Kansas City, Royals . Atlanta, Chicago White Sox, Enyel De, The, Miami Marlins, Tampa Bay Rays, Miami, Rays, Seattle, Brewers, San, Chicago Cubs, Los Angeles Dodgers, AP Locations: Arizona, Miami, Detroit, St, Texas, Atlanta, San Diego, Enyel De Los, Colorado, Tampa, Boston, San Francisco, Baltimore, Oakland, Philadelphia, Pittsburgh, Kansas, Milwaukee
Elon Musk is facing backlash from business leaders after he appeared to endorse an antisemitic conspiracy theory. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementElon Musk is facing backlash from the business community after he appeared to endorse an antisemitic post on X. AdvertisementAnother Tesla bull, Gary Black, whose Future Fund invests in Tesla, similarly reported that clients had reached out to him regarding Musk's comments. While the backlash escalates, Musk's chosen X CEO Linda Yaccarino is left to clean up the growing mess.
Persons: Elon Musk, , Elon, Musk, Musk's, Dustin Moskowitz, Marc Bodnick, Andrew Left, Tesla, Ross Gerber, I've, Gary Black, Kristin Hull, Nia, demote, Bravo —, Linda Yaccarino Organizations: IBM, Service, Buffalo, Elon, SpaceX, BMW, CNBC, EV, Tesla, Nia Impact, Employees, Media, Apple, Oracle Locations: Pittsburgh
Elon Musk's response to an antisemitic post has caused an uproar among some Tesla fans. Some Tesla owners and investors said they're looking to sell their cars and their stock over it. AdvertisementSome Tesla owners are sounding off after Elon Musk's latest online outburst that voiced support for an antisemitic tweet. AdvertisementAnother "livid and appalled" Tesla owner told BI they've already spoken to their financial advisor about selling their Tesla stock after over 10 years volunteering and investing in the company. AdvertisementAs a former Musk critic turned supporter and Tesla owner, I once admired Elon Musk for his anti-establishment stance, particularly as a father of a son with Asperger's.
Persons: Elon, Musk, , Elon Musk's, Tesla, Peter, Arthur Kulak, Ross Gerber, they've, Citron, Andrew Left, Elon Musk, Asperger's, who's Organizations: Service, Business, Tesla, Citron Research Locations: Vermont, Reddit
Prenuvo MRI machine Courtesy of PrenuvoWhile celebrating the July Fourth holiday last year on a boat in Tyler, Texas, Dr. Julianne Santarosa received the results from her full-body MRI scan. In addition to full-body scans, Prenuvo offers a head and torso scan for $1,800 and a scan of just the torso for $1,000. Some companies have started offering Prenuvo scans as a perk for employees, which has helped increase access to the technology. Medical experts caution that, in addition to the steep price, full-body MRI scans won't catch everything and aren't meant to replace targeted screenings like colonoscopies and mammograms. He found a radiologist who was offering an early version of a full-body MRI scan.
Persons: Julianne Santarosa, hadn't, she'd, Santarosa, Kim Kardashian, Cindy Crawford, Eric Schmidt, 23andMe, Anne Wojcicki, Tony Fadell, Andrew Lacy, Lacy, it's, Prenuvo, Jasnit, Dr, Kimberly Amrami, Amrami, It's, Prenuvo Lacy, Eduardo Dolhun, Dolhun Organizations: CNBC, Facebook, Google, Nest Labs, Felicis Ventures, U.S . Food, Drug Administration, Association of American Medical Colleges, Columbia University Medical Center, Mayo Clinic Rochester, Mayo Clinic Locations: Tyler , Texas, Prenuvo, Dallas, U.S, Canada, London, Sydney, New York, Los Angeles, Irving, New York City , New York, York, San Francisco, Vancouver, British Columbia
Two days earlier, the body of 38-year-old Krystal Marshall was recovered from the charred remains of her home after a house fire in South Australia, according to SA Police. The number of women killed by violence in Australia has ranged between 43 and 84 each years since Counting Dead Women began tallying deaths in 2012. Since then, she said she’s noticed a change in the way people, including the police, respond to domestic violence. But until those lessons are learned, state authorities are strengthening their responses to domestic violence. Whitford says it takes the community to come together to prevent more women becoming victims of domestic violence.
Persons: Manuela Whitford, We’ve, I’ve, , ’ I’m, ” Whitford, you’re, you’ve, It’s, They’re, Alice McShera, Geoff DeSanges, Lilie James, Krystal Marshall, Analyn, Whitford, she’s, , Julia Gillard, Gillard, Andrew Tate, Andrew Lines, Lines, , haven’t, Hilary Whiteman Organizations: Australia CNN, Friends, Facebook, WA, Victoria Police, New South Wales Police, ACT Policing, Police, SA Police, Dignity, Australian Institute of Health and Welfare, Women Survey, Women, United Nations, Global Institute, Women’s, NSW Police, CNN Locations: Brisbane, Australia, Australian, Perth, Western Australia, Sydney, New, Canberra, South Australia, Romania, New Zealand
They added that the fund had about a negative 2% performance for the year to the end of October. The CGI fund, at the end of June had been down about 8%, added one of the sources. The CGI fund did well from a view that the Bank of Japan would ease its ultra-loose monetary policy, said two of the sources. They also said short bets that bond prices would fall, as well as bets the U.S. Treasury yield curve would steepen were some of the top earners for the fund. Caxton's CGI fund also profited from the difference between Japanese and U.S. stock prices, the sources said, adding that losses on commodities bets in gold and a yen hedge detracted from performance.
Persons: Dado Ruvic, Andrew Law's, Caxton, Jerome Powell, Bruce Kovner, Nell Mackenzie, Carolina Mandl, Svea Herbst Bayliss, Maiya, Dhara Ranasinghe, Kirsten Donovan, David Evans Organizations: REUTERS, Caxton Associates, Caxton Global Investments, Bank of Japan, Treasury, Federal Reserve, Thomson
Some have quit their corporate jobs entirely, while others have called for more remote work. AdvertisementAdvertisementOlder workers are discussing Gen Z's approach to the workplace, as the younger generation has called for changes to corporate culture. Gen Z's preference for remote work, in particular, has been a subject of much discussion. Neither of these videos went hugely viral, but they show that older generations are beginning to pick up on the Gen Z work-culture content spreading on TikTok. Across the comments sections of viral videos from Gen Z and recent graduate workers shocked at the reality of 9-to-5 jobs, people largely rallied around the younger workers.
Persons: , Zers, Toby, Gen, TikToker, Andrew Schiavone, Schiavone, millennials, Xers Organizations: Service, Business
He had eight catches for 130 yards and two TDs last week to set an NFL record with his sixth straight game with at least 125 yards receiving. Brown has 831 yards in his last six games and is currently on pace for 1,995 — slightly ahead of Johnson's record. Mahomes had won 13 straight games in the division, one shy of the longest streak since the merger held by Peyton Manning and Andrew Luck. Mahomes also saw an end to his streak of 35 straight games in the regular season or playoffs with at least one TD pass. The Panthers had lost 56 straight games when they trailed at any point in the fourth quarter for the longest streak since at least 1991.
Persons: Brown, Calvin Johnson's, Charley Hennigan, Elroy Hirsch, Don Hutson, QBS Will Levis, Marcus Mariota, Hall, Hall of Famer Fran Tarkenton, Levis, Bryce Young, Anthony Richardson, Aidan O’Connell, Dorian Thompson, Robinson, Tyson Bagent, Jaren, Kirk Cousins, Clayton, Young, Peyton Manning, Ryan Leaf, Zach Wilson, Trevor Lawrence, Mariota, Jameis Winston, Rick Mirer, Drew Bledsoe, BUSTER Kansas, Patrick Mahomes, Otto Graham, Mahomes, Andrew Luck, Drew Brees, San, Kyle Shanahan, Tyrod Taylor, Tommy DeVito, Ryan Leaf's, ___ Organizations: NFL, Miami Dolphins, Philadelphia Eagles, Levis, Atlanta, Hall of Famer, C.J, Arizona, Young, Stroud, Panthers, Denver, Chiefs, Broncos, Miami, Buffalo, San, Rams, Kansas City, Carolina, Sunday, Philadelphia, New York Giants, Jets, The Giants, Giants, Cleveland, Jacksonville, Chargers, Raiders, Eagles Locations: A.J, Tennessee’s, Stroud, Minnesota, San Francisco, Kansas
Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.
Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, , Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New
CNN —The James Webb Space Telescope and other observatories witnessed a massive explosion in space that created rare chemical elements, some of which are necessary for life. Tracking stellar explosionsAstronomers have long believed that neutron star mergers are the celestial factories that create rare elements heavier than iron. What was unusual about this burst is that it lasted for 200 seconds, making it a long gamma-ray burst. One of the pair exploded as a supernova, leaving behind a neutron star, and then the same thing happened to the other star. Finding cosmic elementsAstronomers have been trying to determine how chemical elements are created in the universe for decades.
Persons: James Webb, , Andrew Levan, Levan, Webb, Fermi, Neil Gehrels, , Dmitri Mendeleev, ” Levan, it’s, supernovas, Eric Burns, Om Sharan Salafia, Nancy Grace, “ Webb, Ben Gompertz, ” Gompertz Organizations: CNN, James Webb Space Telescope, Way Galaxy, Telescope, Radboud University, Observatory, Royal Society of Chemistry, Astronomers, Louisiana State University, National Institute for Astrophysics, Institute, Gravitational, School of Physics, University of Birmingham Locations: Netherlands, Italy, United Kingdom
Ivanka Trump has spent the past two and half years publicly distancing from her father Donald Trump. But Mitra Ahouraian, an entertainment attorney with high-profile clients, said she wasn't surprised to see Ivanka Trump and Kardashian together. Ivanka was a Manhattan socialite before entering politics changed her reputationBefore her stint in politics, Ivanka Trump was an active Manhattan socialite, frequently appearing at red-carpet events and supporting various charitable causes. Ivanka Trump and Kim Kardashian have known each other for yearsAs for Kardashian's embrace of Ivanka Trump, their relationship goes back years. But after the birthday party showing this weekend, it's clear Ivanka Trump is visibly back in Kim Kardashian's circle, and has re-entered the role of Ivanka Trump, the socialite.
Persons: Ivanka, Kim Kardashian's, , Ivanka Trump, Donald Trump, it's, Donald Trump's, Kim Kardashian, Kardashian, Trump, Hailey Bieber, Lauren Sanchez, Jeff Bezos, Mitra Ahouraian, wasn't, Ahouraian, I'm, Robert Kardashian, OJ Simpson, Andrew Lieb, Lieb, she's, Donald, Jr, " Lieb, Nordstrom, Neiman Marcus, She's, Funke, JB Lacroix, Kushner, Kanye, Alice Marie Johnson, Jared Kushner, Kardashian's, Jared Organizations: Ivanka Trump, Service, Amazon, Trump Organization, House, Trump, Donald Trump White House Locations: Funke, Beverly Hills , California, Manhattan, Washington, New York, Los Angeles , California, Beverly Hills, West
The National Basketball Association's New York Knicks are keeping it in the family for their next jersey patch sponsor. Madison Square Garden Sports announced Tuesday that Sphere Entertainment will become the NBA team's official jersey patch partner for the 2023-24 season. Terms of the jersey patch deal were not disclosed. The NBA's jersey patch sponsor program kicked off during the 2017-18 season and has been an important source of revenue for many clubs. Dolan reportedly was shopping around the jersey patch rights for $30 million, according to SBJ.
Persons: James Dolan, David Hopkinson, Micky Arison, Squarespace, Andrew Lustgarten, Dolan, SBJ, Patrick Rishe, Louis, Bob Dorfman Organizations: Association's New York Knicks, Madison, Garden Sports, NBA, Knicks, Boston Celtics, Garden, MSG Sports, Golden State Warriors, Brooklyn Nets, Los Angeles Lakers, Miami Heat, Carnival Cruise, Sports Business, Washington University, Pinnacle Advertising, CNBC Locations: Madison, Las Vegas, St
Fluctuations since the attack pushed oil prices as high as $96. Until something like that happens, “the oil market is going to be like everyone else, monitoring the events in the Middle East,” Lipow said. One reason 1970s-style gas lines are unlikely: U.S. oil production is at an all-time high. Weekly domestic oil production has doubled from the first week in October 2012 to now. Lawmakers from both parties have urged Biden to block Iranian oil sales, seeking to dry up one of the regime’s key sources of funding.
Persons: ” Fatih Birol, , Andrew Lipow, ” Lipow, Mike Sommers, Sommers, “ America’s, , Joe Biden's, Israel, Biden, Sofia Guidi Di Sante, Wyoming Sen, John Barrasso, “ Joe, Barrasso, ____ McHugh, Choe Organizations: WASHINGTON, International Energy Agency, , Associated Press, Brent, Lipow Oil Associates, U.S . Energy Information Administration, Energy Department, American Petroleum Institute, Hudson Institute, Commerzbank, Oil, Rystad Energy, Republican, Senate Energy, Natural Resources Committee, Democratic, Keystone XL, Strategic Petroleum Reserve, The Energy Department, The Treasury Department, Treasury Locations: East, Israel, Saudi Arabia, Russia, China, Paris, Gaza, Iran, Houston, Hormuz, U.S, Europe, Washington, OPEC, Lebanon, Venezuela, The U.S, Wyoming, America, Frankfurt, Germany, New York
If you're not shopping for a new office right now, you might be missing out. With vacancies rising, many office landlords are doing whatever it takes to get leases signed, including dropping rents. Risa Letowsky, the co-chair of Adler & Stachenfeld LLP leasing practice group, told Insider that flexibility is the difference between successful and struggling landlords right now. See below for a list of the 10 top perks that office landlords are offering. Flexible lease lengthsThe traditional office lease is eight to ten years.
Persons: Risa Letowsky, aren't, Letowsky, Mike Watts, Andrew Lustgarten, Michael T, Cohen, Franklin Wallach, Carlos Avila Gonzalez, they're, Lustgarten, Watts, Matt Petit, Michael Lirtzman, Lirtzman Organizations: Adler, Stachenfeld, it's, Colliers, San Francisco, Getty, Silverstein Locations: Los Angeles, New York City, San Francisco , California, LA, Chicago
Now may be the time to shop for an office lease. As office vacancies soar to record highs in some markets, office landlords often have no choice but to find new and creative ways to attract new clients. "When you have 55-year-old managing partners of a law firm looking for office space, and they see the golf simulator, they get pretty excited," he said. Long-term leases, which usually feature landlord-financed renovations to the office space, are now being offered with lease-termination options. Office landlords without access to this capital level are often left with only one lever: renting below market price.
Persons: Michael Cohen, Michael Lirtzman, Anthony Tahlier, Andrew Lustgarten, Lirtzman, Sterling, Lustgarten, it's, Matt Petit, Goldman Sachs, Risa Letowsky, Letowsky, Watts, Tishman Speyer, aren't, That's, Cohen, they've, he's, hasn't Organizations: Colliers, Kastle Systems, West Chicago, Sterling Bay's, Century, El, New, Palm, Chase, Wall, JPMorgan, Deutsche Bank, Adler, Stachenfeld, Silverstein, Lawyer Locations: Chicago, Bian, Sterling, Los Angeles, New York, Miami, Liberty, Chase Manhattan, Alamo, CBRE, Los Angeles and New York, LA, United States
Oil falls more that $1 a barrel on Venezuela deal hopes
  + stars: | 2023-10-16 | by ( ) www.cnbc.com   time to read: +3 min
"The reported deal ... would help to raise the country's oil output from very depressed levels," said William Jackson, chief emerging markets economist for Capital Economics. Monday's falling prices appeared to "a breather to take in events in the Middle East" as opposed to expected production increases in Venezuela, said Andrew Lipow, president of Lipow Oil Associates. "Negotiations with Venezuela could lead to a surge in exports of crude oil that is already in inventory," Lipow said. "It's more of the same on Monday in terms of the conflict in the Middle East being contained from affecting crude oil supplies," said John Kilduff, partner with Again Capital LLC. Heightened tensions in the Middle East may have compounded other risk factors to push prices higher last week, market sources said.
Persons: William Jackson, Jackson, Andrew Lipow, Lipow, John Kilduff, Vladimir Putin, Putin, John Evans Organizations: U.S . West Texas, Capital Economics, Brent, Lipow Oil Associates, Traders, Hamas, LLC, U.S Locations: U.S, Venezuela, Israel, Venezuelan, Gaza, Russia, Iran, Syria, Egypt, Moscow, Russian, Saudi
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. The conflict in the Middle East has had little impact on global oil and gas supplies, and Israel is not a big producer. Iran's Oil Minister Javad Owji said on Friday oil prices are expected to reach $100 per barrel due to the current situation in the Middle East, according to the ministry's news agency SHANA. If the U.S. tightens enforcement of sanctions on Iran's oil exports due to any role it may have in the conflict, then Iran's oil supply could fall. On the U.S. supply front, drillers this week added four oil rigs in the biggest weekly rise since March, Baker Hughes said.
Persons: Brent, WTI, Israel, Javad Owji, SHANA, Iran's, Hossein Amirabdollahian, Andrew Lipow, Baker Hughes, Stephanie Kelly, Paul Carsten, Katya Golubkova, Andrew Hayley, Marguerita Choy, David Gregorio, Paul Simao Organizations: REUTERS, Companies, . West Texas, Iran's Oil, Hezbollah, U.S, Wall Street, Lipow Oil Associates, The, of, Petroleum, drillers, U.S . Commodity Futures Trading Commission, Thomson Locations: Cushing , Oklahoma, U.S, Gaza Saudi Arabia, Israel, Gaza, Tehran, Lebanese, Saudi Arabia, Moscow, Ukraine, Russia, Iran, China, New York, London, Tokyo, Beijing
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