Oil hits six-week low as OPEC fails to curb oversupply

The oil research firm noted that the considerable drop in Brent futures prices, soon after the OPEC's meeting in May 25, this year, was mainly caused by an extension of the production cuts, and high level of speculation in the market. With (Other OTC: WWTH - news ) regard to the global economic outlook for 2017, stronger-than-anticipated momentum since the beginning of the year led to an upwards revision in the growth forecast to 3.4 percent following growth of 3.1 percent in 2016, OPEC said.

Oil slides, hits six-month low on rising global production

Gasoline supplies gained 1.794 million barrels, compared with a drop of 457,000 barrels seen, and distillates dropped 1.451 million barrels, compared with a build of 686,000 barrels expected. The EIA expects US output to grow by 460,000 bpd in 2017, while OPEC forecasts USA production to increase by 800,000 bpd in 2017. Oil prices on Friday bounced up off the year's lows as some producers reduced exports and US rig additions slowed, but the rebound was modest and crude posted its fourth ...

WS Atkins PLC (ATK) Given Average Rating of "Hold" by Brokerages

The brokerage issued a hold rating and a GBX 420 ($5.31) price objective on the stock. Canaccord Genuity raised their price objective on shares of Marshalls plc from GBX 320 ($4.05) to GBX 330 ($4.17) and gave the stock a hold rating in a research note on Wednesday, March 15th.

Michelle Carter, Who Texted Her Boyfriend To Kill Himself, Is Found Guilty

Following Roy III's death , Carter set up a fundraiser for mental health awareness in her late boyfriend's name and also wrote about suicide prevention on her Facebook timeline, according to the Sun Chronicle . Prosecutors said the cold-hearted harpy was "virtually present" at the death scene in a criminal context and deserves to go to jail. Attorney Joseph Cataldo , who represented Carter claimed that Conrad Roy had been suffering from depression since his parent's divorce and ...

At least 26 hurt after China Eastern Airlines flight hits turbulence

At least 26 hurt after China Eastern Airlines flight hits turbulence

The agency reports that passengers suffered injuries such as bone fractures and soft tissue injuries after being thrown from their seats or being hit by falling luggage. Because of the disruption, the fight landed an hour and twenty minutes later than scheduled. "We feel lucky the plane did not crash". According to the reports, the nearly two dozen people were injured when Flight MU774, from Paris to Kunming, experienced severe turbulence.

Japan logs first trade deficit in four months in May

In April, Japan's trade surplus with the United States fell an annual 4.2 percent. Japan's trade surplus with the May rose 19.0% to Y411.1 billion, rising for the first time in three months. Japan's trade deficit in May stood at 203.37 billion yen (1.8 billion US dollars), marking the first shortfall in four months, the Finance Ministry said in a preliminary report on Monday.