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This was reversed in August as strong crude imports and steady domestic output outweighed the record refinery processing rates. This was up 19.6% from the same month in 2022 and also stronger than July's 14.87 million bpd. Crude imports were 12.43 million bpd in August, the third-highest daily rate on record and up 20.9% from July and 30.9% from August last year. Subtracting processing of 15.23 million bpd leaves a surplus of 1.32 million bpd that flowed into storage tanks. The question is how will China's refiners respond to the higher crude oil prices?
Persons: shouldn't, China doesn't, China's, refiners, Sam Holmes Organizations: National Bureau of Statistics, Brent, Saudi, Reuters, Thomson Locations: LAUNCESTON, Australia, China, OPEC, pare, Iran, Russia, Venezuela
Britain's Charles, Prince of Wales, greets France's President Emmanuel Macron ahead of their bilateral meeting on the sidelines of the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain November 1, 2021. Charles had meant to make France his first royal visit after his coronation, but the March trip was abruptly cancelled by violent French protests over pension reforms, much to Macron's embarrassment. Charles and his wife Queen Camilla are scheduled to visit Paris before heading southwest to the vineyards of Bordeaux. The day after that, Charles and Camilla will visit the flower market named after Queen Elizabeth on Paris' Ile de la Cité. "The king is always very interested in the president's analysis of major international issues," an Elysee official told Reuters.
Persons: Britain's Charles , Prince of Wales, Emmanuel Macron, Jane Barlow, Charles, Camilla, King Charles III, Queen Camilla, Elizabeth's, Elizabeth, René Coty, Queen Elizabeth, Boris Johnson, torpedoing, Macron seething, Liz Truss, Rishi Sunak, Prince Charles, Jeff Bezos, Macron, It's Prince Charles, Michel Rose, Andrew Heavens Organizations: Change, Notre, Dame, France, Windsor Castle, of Mirrors, European Union, Canberra, entente, Elysee, Reuters, Amazon, Thomson Locations: Glasgow, Scotland, Britain, France, Versailles, Bordeaux PARIS, Windsor, Paris, Bordeaux, Europe, Buckingham, of Versailles, la, United States, Australia, Ukraine, Africa
Sept 14 (Reuters) - Harry Maguire said he can deal with hostile treatment from opposition supporters and that it takes the pressure off his England team mates after the defender was mocked by Scotland fans following his own goal on Tuesday. Maguire described his treatment by Scottish fans as "a little bit of banter". "It pretty much takes the pressure away from my team mates and puts it all on myself," he told British media after England's 3-1 win. Maguire, who joined United from Leicester City for 80 million pounds ($99.94 million) in 2019, was stripped of the club captaincy by manager Erik ten Hag in July. ($1 = 0.8005 pounds)Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
Persons: Harry Maguire, Maguire, Erik ten Hag, didn't, Pearl Josephine Nazare, Peter Rutherford Organizations: England, Scotland, Manchester United, United, Leicester City, Premier League, Thomson Locations: Manchester, Glasgow, England, British, Old Trafford, Bengaluru
LAUNCESTON, Australia, Sept 14 (Reuters) - The spot price of iron ore has climbed to a five-month high amid improving sentiment and some supportive fundamentals in China, the world's top buyer of the steel raw material. China, which buys about 70% of global seaborne iron ore, imported 106.42 million metric tons in August, the most since October 2020, according to customs data. For the first eight months of the year, imports were 775.66 million metric tons, up 7.4% on the same period in 2022. The need to rebuild stockpiles and nascent signs of a recovery in the property sector do support the recent rally in iron ore prices. This works out at around 76.7 million metric tons a month, which is well below the 90.8 million produced in July.
Persons: It's, it's, SteelHome, Christian Schmollinger Organizations: Dalian Commodity Exchange, Reuters, Thomson Locations: LAUNCESTON, Australia, China, Singapore, July's, Beijing
Bellingham shines as England cruise to victory in Scotland
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +3 min
Summary Foden, Bellingham and Kane score for EnglandMaguire scores own goal after coming off the benchGLASGOW, Sept 12 (Reuters) - England brought Scotland crashing back down to earth with a comfortable 3-1 victory in a friendly at Hampden Park with Phil Foden, Jude Bellingham and Harry Kane on target on Tuesday. The depth in England's squad was apparent though as they controlled the contest to give Scotland a reality check. "The first half we didn't really get started and England dominated the ball," Scotland boss Steve Clarke told Channel 4. SELF-DESTRUCTEDScotland self-destructed soon after when they failed to clear their lines and Robertson played the ball straight to Bellingham who rifled a shot past Angus Gunn. Bellingham then rounded off a great display with a slide-rule pass to Kane who finished with his trademark precision.
Persons: Kane, England Maguire, Phil Foden, Jude Bellingham, Harry Kane, Foden, Kyle Walker's, Madrid's Bellingham, Andy Robertson, Harry Maguire, Steve Clarke's, Scotland's, Gareth Southgate, Lewis Dunk, Steve Clarke, Bellingham, Walker, Marcus Rashford, destructed, Robertson, Angus Gunn, Maguire, John McGinn glanced, Gunn, Martyn Herman, Toby Davis Organizations: Hampden, Tartan Army, England, decibel, Georgia, Channel, Real Madrid, Bellingham, Manchester United, Ukraine, Thomson Locations: Bellingham, GLASGOW, England, Scotland, Norway, Ukraine, England's
A general view of a crude oil importing port in Qingdao, Shandong province, November 9, 2008. Many of the newer, complex refineries in Asia prefer medium sour crude as it offers a higher yield of middle distillates such as diesel and jet fuel. ALTERED FLOWSThe higher prices for medium crude grades is impacting the ways in which crude is flowing around the world. China's imports from Brazil are expected to reach 29.07 million barrels in September, which would be the highest in three years, according to Kpler. While Saudi Arabia may have been successful in boosting oil prices, it is also disrupting the markets and altering physical crude flows.
Persons: Brent, China doesn't, Simon Cameron, Moore Organizations: United Arab Emirates, Moscow, Kpler, Reuters, Thomson Locations: Qingdao, Shandong province, LAUNCESTON, Australia, Asia, Saudi Arabia, OPEC, Russia, East, Kuwait, Brent, Dubai, Ukraine, India, Iraq, China, Iran, Islamic Republic, United States, Brazil
Bellingham revels in free role for England
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +2 min
I get given the freedom by the amazing team mates and manager (Carlo Ancelotti) that I have (at Real Madrid). "I know it depends on the system we (England) play, and we've got so many amazing players to accommodate, and so the team comes first always. "Jude Bellingham is the real deal." England manager Southgate said that Bellingham did not have any point to prove despite a subdued display against Ukraine, with the draw leaving England six points clear at the top. Scotland's system is difficult to play against so we slightly changed our system and he did that well."
Persons: Jude Bellingham, Harry Kane, Carlo Ancelotti, we've, Southgate, Graeme Souness, Bellingham, Martyn Herman, Ken Ferris Organizations: Scotland, Real, Borussia Dortmund, Ukraine, Real Madrid, Birmingham City, England, Thomson Locations: GLASGOW, Scotland, England's, Real Madrid, Real, England, Bellingham
Sam Heughan’s Glasgow
  + stars: | 2023-09-12 | by ( Amy Tara Koch | ) www.nytimes.com   time to read: +1 min
When he does have free time, Mr. Heughan is out and about. “I love walking and running along the River Clyde to Glasgow Green with a possible stop at the microbrewery Drygate for a beer,” he said. Hiking is another pastime (Mr. Heughan’s recent memoir, “Waypoints: My Scottish Journey,” chronicles his experience tackling the 96-mile West Highland Way hike). On the topic of the kilt, yes, Mr. Heughan does sport one in real life. If you go to a pub in one, you’ll be getting a free drink at some point in the evening.”Here are five of his favorite places in Glasgow.
Persons: Heughan, , Heughan’s, , you’ll Organizations: Glasgow Green, Highland, Citizens Theatre Locations: Clyde, Glasgow
While domestic travel has rebounded, thereby lifting demand for gasoline and jet fuel, there are other factors at work driving China's crude imports. The question then becomes why did crude imports drop in July even though refinery processing rates remained robust? This means that China's crude imports in September may be robust, but arrivals from October onwards would have been bought at higher prices. The strength in coal imports is being driven by factors largely unrelated to the state of the economy. With crude oil, coal and iron ore all having dynamics separate to the overall state of China's economy, the commodity that appears most correlated with the outlook is copper.
Persons: Aly, Refiners, refiners, Brent, China's, Russia's, Christian Schmollinger Organizations: REUTERS, Rights, Administration of Customs, Imports, Reuters, Thomson Locations: Zhuhai, China, Rights LAUNCESTON, Australia, COVID, Saudi Arabia, OPEC, Russia, Ukraine, Beijing
MARSEILLE, France, Sept 9 (Reuters) - Scotland have one win in 21 years against world champions South Africa over their last 15 meetings, but there is a genuine belief among the class of 2023 they can claim victory in their Rugby World Cup Pool B opener in Marseille on Sunday. This is despite the fact they are in a tough group that also includes world number one Ireland, with two teams to progress to the quarter-finals. "We've done well recently with an underdog tag, but I don't think we need it. Scotland have lost their last seven in a row against the Boks but have only met them twice in the previous five years. A hallmark of this Scotland team is their speed at the ruck and that will be crucial against a well-drilled South African defence.
Persons: Jamie Ritchie, Ritchie, they've, we've, Nick Said, Mike Harrison Organizations: South, Rugby, Springboks, Thomson Locations: MARSEILLE, France, Scotland, South Africa, Marseille, Glasgow, Edinburgh
LONDON (AP) — Beloved British electronic duo the Chemical Brothers released their 10th album on Friday, more than three decades into their career. Political Cartoons View All 1148 Images“I don’t know if it’s the right way to release an album," he smiled. The rave-ready “No Reason” became the lead single from the record — because it felt “fresh and different” and also “really fun to play live," says Rowlands. They were “the wrong people at the wrong place at the wrong time," Rowlands recalled. But as a band who are constantly looking forward, it isn't something Rowlands is quite ready to read.
Persons: Tom Rowlands, , “ Everyone’s, Rowlands, Ed Simons, Beck, , , Simons, aren’t, didn’t, Adam Smith, Marcus Lyall —, ” Rowlands, Robin Turner, “ I’m Organizations: Chemical, Audiences, , Glastonbury Festival Locations: Ibiza, Glasgow
NEW YORK (AP) — The women’s tennis tour will hold the WTA Finals in Cancun, Mexico, from Oct. 29 to Nov. 5, finally finding a site for the season-ending event that has shifted cities repeatedly. The tour has a one-year agreement with Cancun, the WTA announced Thursday, hours before the U.S. Open women's semifinals were scheduled to be played in New York. A year ago, the choice to host WTA Finals in Fort Worth, Texas, also was not announced until September. Political Cartoons View All 1148 ImagesAt the time, top-ranked Iga Swiatek complained that the location and the timing — play wrapped up in Fort Worth one day before the start of the Billie Jean King Cup in Glasgow, Scotland — was a mistake. “The WTA weighed a number of competitive bids through a thorough process, in close consultation with the WTA Players’ Council,” the tour said Thursday in its announcement about Cancun.
Persons: Billie Jean King, Iga Swiatek, Scotland —, , Fort Worth, Peng Shuai Organizations: WTA, U.S, ATP, International Tennis Federation —, Billie Jean King Cup, WTA Players ’, Locations: Cancun , Mexico, Cancun, New York, Saudi Arabia, Jedda, Seville, Spain, Fort Worth , Texas, Fort Worth, Glasgow, Scotland, Shenzhen, China, Guadalajara, Mexico, Fort
A vessel carrying liquefied natural gas (LNG) cargo from Russia's Yamal LNG project, is seen at Rudong LNG Terminal in Nantong, Jiangsu province, China July 18, 2018. The key word Simonelli used is "destination," as it implies that LNG and natural gas are in the energy mix for a long time to come. The second bet is that the LNG industry will be able to convince government policymakers, companies and consumers that their fuel is better than the dirtier alternative of coal-fired generation. Overall, the industry is probably correct that energy demand, especially in Asia, is going to rise strongly in coming decades. But the LNG industry will also need to have policy settings just right and deploy technologies at a scale not yet seen to remain in the energy mix in a net-zero world.
Persons: Stringer, Lorenzo Simonelli, Baker Hughes, Jamie Freed Organizations: REUTERS, Rights, LNG, CCS, Reuters, Thomson Locations: Nantong, Jiangsu province, China, Rights SINGAPORE, Singapore, Asia, Gastech, Vietnam, India
There were reports on social media of long lines forming at airports in London, Manchester and Glasgow as police and border control officers checked the identification of passengers. The BBC reported that Mr. Khalife may have fled the prison by strapping himself to the underside of a food delivery van. It said that he was reported to have been working in the prison kitchens and that he may have been dressed in a chef’s uniform. Wandsworth is classified as a Category B prison, one level below maximum security. (Category A prisons are typically used to house prisoners charged with terrorism or whose escape would pose extreme danger to public safety or national security.)
Persons: , , Dominic Murphy, Murphy, Khalife, strapping Organizations: BBC Locations: Britain, London , Manchester, Glasgow, Wandsworth
CNN —Kourtney Kardashian is full of gratitude after experiencing a scary medical complication during her pregnancy. She continued, “I don’t think anyone who hasn’t been through a similar situation can begin to understand that feeling of fear. Kardashian and Barker, who is the drummer for Blink-182, are expecting their first child together. “Praise be to God,” Kardashian said at the end of her post. “Walking out of the hospital with my baby boy in my tummy and safe was the truest blessing.”
Persons: CNN — Kourtney Kardashian, , Travis Barker’s, hasn’t, ” “, Kardashian, Barker, Scott Disick, , ” Kardashian, Kris Jenner, ” Barker Organizations: CNN, mamas, Locations: Glasgow, Scotland, Belfast, Northern Ireland, Dublin, Ireland
SINGAPORE, Sept 5 (Reuters) - The dominating theme in crude oil markets is that there are too many competing narratives and driving factors to allow for anything approaching a clear view of the path ahead. So, what are the main issues clouding the crude oil market, both for the short and longer terms? - What will happen to Chinese oil demand? - Even if a soft landing can be achieved, interest rates may stay elevated for an extended period, which eventually flows through into crude trading. - How does the change in the main global price benchmark of Brent affect trading?
Persons: Brent, APPEC, Jamie Freed Organizations: P, Insights, Brent, Midland, Reuters, Thomson Locations: SINGAPORE, Asia, Singapore, OPEC, United States, Brazil, Russia, Iran, Venezuela, Rotterdam, China, UKRAINE, Ukraine
British climate tech startups Materials Nexus and Utopi have both raised funds recently. London-based Materials Nexus raised $2.8 million while Glasgow-based Utopi secured $6.3 million. British climate tech startups Materials Nexus and Utopi raised a combined $9.1 million recently. London-based Materials Nexus is using artificial intelligence to curb the green transition's reliance on mining metals. See the 11-slide redacted pitch deck from Materials Nexus below:Materials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusUtopi plots US expansion with new fundsGlasgow-based startup Utopi, founded in 2019, recently secured £5 million (around $6.3 million) in an investment round backed by the Scottish National Investment Bank.
Persons: Utopi, Jonathan Bean Organizations: Ada Ventures, Nexus, Scottish National Investment Bank Locations: London, Glasgow, Cambridge
CNN —Travis Barker has had to put family first instead of continuing to tour with his rock band Blink-182. The shows were part of Blink-182’s “World Tour 2023/2024,” which started in April, and were slated for the beginning of this month. No additional information was made available about the nature of the family matter. Barker is married to Kourtney Kardashian, and the pair are currently expecting their first child together (Kardashian already has three children with her ex, Scott Disick). On Thursday night, Barker posted pictures of a communal prayer room to his verified Instagram Story.
Persons: CNN — Travis Barker, Barker “, , Barker, Kourtney Kardashian, Kardashian, Scott Disick, “ Travis I’m Organizations: CNN Locations: Glasgow, Scotland, Belfast, Northern Ireland, Dublin, Ireland, , Antwerp, Belgium
Reuters GraphicsCOAL, CRUDESimilar to iron ore, China's imports of seaborne coal are also expected to be robust in August, with Refinitiv estimating arrivals of 31.2 million tons, while Kpler expects 34.3 million. Coal imports have been strong since March as the country turned to thermal generation to make up for weaker-than-usual hydropower. Whether China maintains strength in crude imports will largely depend on whether its refiners continue to export large volumes of diesel and gasoline. The rally in crude prices since June should start to show up in China's crude imports from September onwards, given the lag between when cargoes are arranged and delivered. Overall, it appears that factors other than the strength of China's economy are behind the still solid imports of iron ore, coal and crude oil.
Persons: China's, Kim Coghill Organizations: REUTERS Acquire, Rights, National Bureau of Statistics, Iron, Reuters Graphics, Kpler, Refinitiv Oil, Reuters, Thomson Locations: Qingdao, Shandong province, China, Rights LAUNCESTON, Australia, Indonesia, OPEC, Saudi Arabia
For Britain’s opposition Labour Party, the road to 10 Downing Street is likely to run through Scotland. Ms. Scott, 18, a geography student who studies in Edinburgh, enthusiastically supported the Scottish National Party in past ballots. representative, Margaret Ferrier, who was forced out of her seat on Aug. 1 after violating lockdown rules during the coronavirus pandemic. She also thinks the Labour Party has better proposals to cope with a grinding cost-of-living crisis that has left people fed up and exhausted. Ms. Scott signed a petition to recall Ms. Ferrier, which triggered this by-election, and now said she was “leaning slightly toward Labour, based on how proactive they’ve been.”
Persons: Cara Scott, Scott, Margaret Ferrier, Ferrier, Organizations: Labour Party, Labour, Scottish National Party Locations: Scotland, Glasgow, Edinburgh
But despite the free tuition, many students in Scotland still take out loans in order to pay for accommodation and living expenses. Jeff J Mitchell/Getty ImagesSince student housing isn't paid for by the government, many people opt to live with their parents, like I did. Others will take out a student loan or bursary, which is provided by the Student Awards Agency Scotland (SAAS). The student housing itself is also different to the US. While many universities in the US offer dorms with shared rooms, there are typically no shared bedrooms in Scotland's student accommodation.
Persons: Jeff J Mitchell Organizations: Strathclyde University, Student, Agency Scotland Locations: Scotland, Glasgow's
Since March, seaborne imports of thermal coal have exceeded 28 million metric tons every month, except for the 27.63 million from June, according to Kpler. In 2022, seaborne imports of thermal coal only once breached the 24 million metric tons level, in November, and were below 20 million for eight of the 12 months. China's July coal production was 377.54 million metric tons, which was down 6.3% from June, with the lower output coming as China increases mine safety inspections. China thermal coal imports from Australia, Indonesia and RussiaAUSTRALIAN IMPORTSChina has returned to buying Australian thermal coal after Beijing ended its unofficial ban on such imports, imposed in mid-2020 amid a political dispute with Canberra. China's imports of Australian thermal coal are estimated at 4.89 million metric tons in August, down from a three-year high of 5.41 million.
Persons: Tingshu Wang, Stephen Coates Organizations: Huawei, REUTERS, Rights, Newcastle Port, Argus, Indonesia, Reuters, Thomson Locations: Shenmu, Yulin city, Shaanxi, China, Rights LAUNCESTON, Australia, Qinhuangdao, India, Indonesia, Russia AUSTRALIAN, Beijing, Canberra, Newcastle, Kpler
CNN —Yevgeny Prigozhin turned the Wagner Group from a shadowy band of mercenaries into a feared military powerhouse operating across multiple countries on three continents. The kind of clear chain of command that is common in traditional military does not exist in Wagner, which makes Prigozhin’s demise a potentially existential problem for the group. Members of Wagner group sit atop of a tank in a street in the city of Rostov-on-Don, on June 24, 2023. A Russian military delegation went to the Libyan city of Benghazi this week to meet with Haftar, who has been supported by Wagner for several years. He said the cracks in the foundations of West African and Central African countries that have leaned on the Wagner Group for support could begin to emerge now.
Persons: Yevgeny Prigozhin, Wagner, , Natasha Lindstaedt, “ It’s, ” Lindstaedt, – Wagner, Dmitriy Utkin, Valeriy Chekalov –, “ Wagner, Russia ” Wagner, Prigozhin, Vladimir Putin, , ” Wagner, Huseyn Aliyev, , ” Aliyev, Aliyev, Lindstaedt, Putin, Stringer, Yevgeny Progozhin, Khalifa, Haftar, Yevkurov, ” Oluwole, there’s, ” Prigozhin, Christopher O, Ogunmodede, couldn’t, Sergey Lavrov Organizations: CNN, Wagner, University of Essex, Russia, University of Glasgow, Kremlin, Ministry of Defense, Prigozhin's Press Service, Russian Ministry of Defense, Kommersant, UK Ministry of Defense, Getty Images Security, Russian, Central African, Forces, Reuters, Libyan, Central Africa, Institute for Security Studies, Central, Wagner Group, Politics, Russia’s Locations: Moscow, Russia, Russia’s, Russian, United States, Ukraine, Africa, Middle, Bakhmut, Rostov, AFP, Syria, St . Petersburg, Mali, Crimea, Central African Republic, Mozambique, Libya, Libyan, Benghazi, West African, , Mali …
Marlowe is, of course, the most famous creation of Raymond Chandler, perhaps the most famous of American crime novelists. On the one hand, there is his glorious writing, his blue-collar heroes and the occasional profound observations about the human experience. It takes a strong stomach to read a story in which a woman needs a slap to calm her down. Crime fiction was, and is, anti-feminist. Chandler may have been a misogynist, but he definitely lived in misogynist times, and his fiction reflects that.
Persons: , Philip Marlowe, Marlowe, Raymond Chandler, Reading Chandler, there’s, Sara Paretsky, Marcia Talley, Mary Wings, Val McDermid, Chandler, Harriet Beecher Stowe, Nikolai Chernyshevsky, Vladimir Lenin, that’s Locations: Angeles, Glasgow
The improvement has largely been driven by stronger demand for refined fuels across Asia as economies open up from the COVID-19 pandemic, with China's domestic demand leading the charge. Margins have also been helped by the ability of refiners to pass on higher prices for refined fuels quickly, while still processing crude bought months in advance at lower prices. It's also likely that the strong refining margins in Asia will attract refiners in China and India to maximise exports of fuels such as gasoline and diesel. The profit margins for refined fuels have risen in recent sessions largely because the price of crude oil has dropped more than the prices for refined fuels. Crude prices rallied from July onwards as OPEC+ tightened supply, especially with the producer group's leading exporter Saudi Arabia announcing an additional 1 million barrel per day cut to its production.
Persons: Caroline Chia, It's, Brent, Robert Birsel Organizations: REUTERS, Rights, Brent, Saudi, Reuters, Thomson Locations: Tuas, Singapore, Rights LAUNCESTON, Australia, Asia, Dubai, South Korea, Vietnam, China, India, Refinitiv, Saudi Arabia, OPEC
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