Despite renewed hopes that a trade deal could be reached between the US and China by the March 2 deadline, it may still not be enough to offset the negative impact on China's economic growth.
Two killed, 25 injured in large fire at French ski resort
The fire also forced 60 people to be evacuated from the building - situated above a Chanel retail store. Three of the four injured were flown to hospital by helicopter, but are in life-threatening condition.
The administration added that US crude production rose to 11.9 million barrels per day last week.
This doesn't mean that the U.S.is not importing large volumes of crude and petroleum products; rather, it means that exports of crude oil and oil products are continuously rising.
Hedge funds boosted their net wagers on rising Brent crude prices by 9 percent in the week ended January 15, mostly because they continued to unwind a short-selling spree from the end of 2018, data from the ICE Futures Europe exchange show.
France: 84'000 gilets jaunes dans les rues pour le dixième acte
A 16h, 20 interpellations avaient eu lieu à Paris, " essentiellement pour port d'armes prohibé ", selon la préfecture de police. Le décompte des autorités est contesté par les manifestants depuis le début de ce mouvement social inédit lancé le 17 novembre.
OPIS chief oil analyst Tom Kloza on the outlook for oil prices. "Confidence is weakening in several major economies", said the report.
Thanks to the booming domestic production, the U.S.net imports of crude oil and petroleum products have been diminishing in recent years.
In a sign that global supply could tighten further, a USA -based think-tank predicted that the United States may grant waivers on sanctions it imposed on importing Iranian oil to fewer countries.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 78 cents, or 1.5 percent, at $52.85 per barrel. Production may decline by about 350,000 barrels a day on average in 2019, they said, adding that a drop of double that is a "real possibility". Signs from the U.S. Federal Reserve that it won't rush to raise interest rates have also spurred investors to reverse bets that oil would fall while the dollar would rise. EIA forecasts global oil demand to grow by 1.5 million b/d in 2019 and in 2020.
Crystal Palace boss Roy Hodgson slams referee over Liverpool ‘handball’ goal
In the past, Liverpool have been criticised for falling at the final hurdle and actually, they did so against Palace back in 2014. Liverpool's back line then handled some late pressure from Palace to seal the three points.