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Oil Rally Held Back by Dollar Gains and Equity Sell-Off Bloomberg 1/11/2021 Andres Guerra Luz (Bloomberg) Oil closed little changed with a stronger U.S. dollar and broader market selloff sapping momentum from a recent rally. Futures in New York ended the session up 1 cent at the highest since February on Monday following a surge above $50 a barrel last week. Yet, crude did not manage to eke out a larger advance with U.S. equities dropping from records and dollar gains reducing the appeal of commodities like oil that are priced in the currency. With crude starting the year strongly, Goldman Sachs Group Inc. said it expects Brent to reach $65 a barrel by the summer, sooner than previously anticipated. Last week, Saudi Arabia pledged deeper output cuts, a move that Goldman said will bring forward market tightness. The kingdom also increased its oil prices to Asia, and was followed by Iraq, Abu Dhabi and Kuwait. ....
Oil Rally Held Back by Dollar Gains and Equity Sell-Off Bloomberg 1/11/2021 Andres Guerra Luz (Bloomberg) Oil closed little changed with a stronger U.S. dollar and broader market selloff sapping momentum from a recent rally. Futures in New York ended the session up 1 cent at the highest since February on Monday following a surge above $50 a barrel last week. Yet, crude did not manage to eke out a larger advance with U.S. equities dropping from records and dollar gains reducing the appeal of commodities like oil that are priced in the currency. With crude starting the year strongly, Goldman Sachs Group Inc. said it expects Brent to reach $65 a barrel by the summer, sooner than previously anticipated. Last week, Saudi Arabia pledged deeper output cuts, a move that Goldman said will bring forward market tightness. The kingdom also increased its oil prices to Asia, and was followed by Iraq, Abu Dhabi and Kuwait. ....
Families? sure, kate. thank you. and thank you for having me on your show. from the beginning, the government has shown absolute neglect, indifference, and frankly to an extent a sense of abuse of children and families in the sense that it s absolutely walked away from any sense of responsibility. both at the moment of separation and now at the moment of reunification, which is just a moment of trying to heal a deep wound and a deep scar that has been created among families. our work and we have gone to the government, asked them, petitioned them to do something, to move things forward, to do it more quickly, to do it in a more timely way. as you ve reported, they ve essentially said, no, that s really not our job. there s a process for this. we re going to get to this in time. talking about the 400 or more families that have been separated with a parent who basically accepted return to their home country, thinking this is almost six weeks ago thinking this would reunify them ....
Instructions and rules to follow as far as dressing for the wedding. certain things they were told not to bring. a 7-page detailed report and it included do not bring your swords. [laughter] that s great britain for you. can you imagine that some people here, especially in uniform might have come wearing swords. that was certainly one stamp of theirs as well. let s avoid that here. we saw james blunt the singer coming. in he was famous for one night trying to knight ed shearn as a royal party with his sword and that went horribly wrong that day and ended up with a deep scar. perhaps there is precedence for this. but the ceremony is about to get going soon here. very excited. we have been given the order of service here. so we ll be following it closely. and it s a very, very, very bag. back to you. sandra: benjamin hall, see you in a bit. let s bring in david, he ....