In this article GSBD Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas. Nick Oxford | Reuters A panic-induced sell-off in the oil market triggered by virus concerns has thrown the commodity’s upward march into question — but energy experts at Goldman Sachs don’t appear to be rattled.
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In this article XME HAL XLE @CL.1 Crude oil held below $70, a key psychological level, on Tuesday. The oil market bore the brunt of a major sell-off on Wall Street to begin the week with the spread of the Covid delta variant raising fears of a slowdown in the economic recovery. OPEC and its
Parts of China have been hit by “the heaviest rain in 1,000 years” – with footage showing underground train carriages filling with water. More than 20cm of rain fell on the city of Zhengzhou, Henan province, in a single hour on Tuesday. In the recent European floods, the worst-hit areas of Germany saw 18.2cm over
Facebook CEO Mark Zuckerberg testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of Representatives Energy and Commerce Committee | Handout | via Reuters Social media giants should be
Jeff Bezos said Blue Origin’s first crewed spaceflight on Tuesday represented one step toward the company’s mission of expanding to a point where people live and work in space. “This is a tiny little step of what Blue Origin is going to do. What we’re really trying to do is build reusable space vehicles. It’s
In this article AAPL An aerial view of the new Apple headquarters on April 28, 2017 in Cupertino, California. Getty Images Apple will delay a return to office by at least a month, rolling back its initial plan to bring workers in three days a week starting in September, Bloomberg reported. The report will push
Elon Musk is famous for electric vehicles, reusable rockets, and satellites that can beam down high-speed internet to the most remote regions of the planet. But in 2016, he set his sights lower. The idea was to create a company that would solve traffic by building a system of underground tunnels. Musk founded The Boring
8:00 AM ET Former West Virginia athletic director Oliver Luck still remembers, with vivid clarity, the day Pittsburgh and Syracuse officially announced they were bailing on the Big East to move to the ACC. He was headed east from Morgantown to the West Virginia-Maryland football game on Sept. 17, 2011, and made a plan to
A haulage industry body has rounded on the latest government plans to help ease the shortage of drivers – still estimated at 100,000 and delivering disruption across the economy as a result. Ministers including Transport Secretary Grant Shapps wrote an open letter, published via their Twitter accounts, to insist they understood the severity of the
The UK has recorded 46,558 new COVID-19 cases and 96 more coronavirus-related deaths in the latest 24-hour period, according to government data. It is the highest number of fatalities since 24 March when 98 were reported. The latest figures compare with 39,950 new cases and 19 deaths announced on Monday, and 36,660 cases and 50
7:32 AM ET On the 10th anniversary of Nebraska‘s entrance into the Big Ten, interim athletic director Garrett Klassy officially began his term overseeing the Huskers’ program. The irony isn’t lost on those who have lived through a jagged first decade in the conference. Athletic director Bill Moos’ abrupt retirement last month isn’t the most
6:33 AM ET Wisconsin plays Wisconsin football. Iowa is Iowa. Northwestern does Northwestern things. Minnesota is increasingly Minnesota. The Big Ten West might have more proven entities than any other division in college football. But for such a reliable division, the West has been pretty difficult to forecast of late. In 2018, defending champion Wisconsin
Boris Johnson and Rishi Sunak have, it is reported, agreed to pay for long term reform of social care by raising national insurance by a penny in the pound for both employers and employees. The move would raise an estimated £10bn annually. The government is braced for unease among its backbenchers because the Conservatives promised
Amazon founder Jeff Bezos has described the first ever launch of his private spaceflight company Blue Origin as the “best day ever”. The billionaire, 57, achieved his childhood dream of becoming an astronaut 52 years to the day it was sparked by watching Neil Armstrong and Buzz Aldrin walk on the moon. Mr Bezos himself
Bill Clinton turned down an invitation to have tea with the Queen because he “wanted to be a tourist” in London, newly released official papers show. The US president was visiting the UK in 1997 – four weeks after Tony Blair came to power – and said he wanted to hit the shops and eat
It is “crucial” that people isolate when identified as a close contact of someone who has tested positive for coronavirus, Downing Street has said. A Number 10 spokeswoman said quarantining at home “remains the most important action people can take to stop the spread of the virus”. Live COVID updates from the UK and around
The Tokyo Olympics – due to begin on Friday – could be cancelled at the last minute because of rising coronavirus cases, the Games’ chief has admitted. Toshiro Muto said discussions are continuing because it is impossible to foresee what may happen with COVID-19 infections. With cases rising in the Japanese capital and a state
More than one million children in England were off school last week due to coronavirus-related reasons, official figures show. It is a new record high since schools reopened in March amid the COVID-19 pandemic. Live COVID updates from the UK and around the world Please use Chrome browser for a more accessible video player Can
Blink-182 bassist Mark Hoppus has told fans he has had the “best possible news”, revealing his cancer treatment appears to be working. The 49-year-old musician previously said that he had been diagnosed with stage 4 diffuse large B-cell lymphoma. Sharing an update on Monday, Hoppus said that his chemotherapy seems to be working. He wrote
A man has been seriously injured after being attacked by an alligator while riding his bicycle in Florida. The victim was cycling along a nature trail in the Halpatiokee Regional Park in Stuart, north of Palm Beach, when he lost control and fell down an embankment into water, the Martin County Sheriff’s Office said on