100 open teaching positions, according to Bloomberg. Morales, a native Midlander and second-generation restaurateur, has seen it happen so many times before. Oil prices go up, and energy companies dangle such incredible salaries that restaurants, grocery stores, hotels and other businesses can’t compete. A private company in the United Kingdom says it has successfully tested its prototype nuclear fusion reactor at temperatures that are hotter than the Sun. The company hopes to use the nuclear fusion reactor to start supplying energy in 2030. Over the past few years, there have been a number of nuclear fusion breakthroughs, with different teams sustaining hydrogen and helium plasmas for varying amounts of time. Last week, we showed a graph of rising open interest in crude oil futures.
From this, we inferred — incorrectly as it turns out — that the basis must be rising. Why else, we asked, would market makers carry more and more oil? What makes them different is that the supply of industrial commodities held in storage as a rule suffices to satisfy industrial demand only for a few months at most. 18- Why Have Oil Markets Turned So Bearish? Oil prices slid early on Tuesday, as reports of the U.
OPEC to lift oil production and hedge funds boosting their short positions added to bearish sentiment. Rising geopolitical concerns over Iran vowing to enrich uranium amid EU attempts to salvage the nuclear deal as well as heightened tensions in the Iranian-Israeli feud helped to boost prices in the afternoon. Brent prices touched their lowest in nearly a month, since May 8, the day on which the U. It should come as no surprise that U. China to task last weekend over its seemingly never-ending South China Sea build up. Saturday at the annual Shangri-La Dialogue, a much covered and annual international security forum in Singapore, U. Defense Secretary James Mattis pulled no punches, stating that Beijing’s moves in the disputed body of water was intended to intimidate its neighbors.
The former Marine Corps four-star general, who served as the Commander of U. Central Command during the Obama Administration, said that the U. That didn’t go down well with President Trump who promptly restarted the trade war. 50 billion worth of Chinese goods would go forward, but he moved to impose tariffs on Canada, Mexico and the European Union, the U.