Oil Prices Rise As OPEC+ Backs Slight Output Increase With Eye On Covid-19 Vaccines

Oil Prices Rise As OPEC+ Backs Slight Output Increase With Eye On Covid-19 Vaccines
GILLIAN RICH

OPEC and top nonmember producers backed a modest output boost as they continue to watch demand with Covid-19 cases rising in some regions.

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  • Republicans built up QAnon backer Rep. Marjorie Taylor Greene, but now are they afraid of what they created?

    On the eve of President-elect Joe Biden’s inauguration, freshman Rep. Marjorie Taylor Greene, the combative Georgia Republican known for her association with QAnon, was back on Twitter after a 12-hour suspension, and back to making waves. 

  • Inauguration live updates: Biden calls for end to 'uncivil war'

    Joe Biden was sworn in as the 46th president of the United States Wednesday in Washington, D.C., where he called for national unity. "Politics doesn't have to be a raging fire destroying everything in its path," he said.

  • What is President Trump’s legacy?

    Historians will face a daunting task in trying to assess Donald Trump’s presidency. What will he be remembered for?

  • Jailed Kremlin critic Navalny makes allegations of Putin wealth ahead of protests

    Alexei Navalny, President Vladimir Putin's most prominent critic who was jailed at the weekend, on Tuesday released a video in which he and his allies alleged that an opulent palace belonged to the Russian leader, a claim the Kremlin denied. The allegations, which first surfaced in 2010 when a businessman wrote about them to then-President Dmitry Medvedev complaining of official graft, come as Navalny's supporters urge people to join nationwide protests on Saturday. Reuters reported in 2014 that the estate in southern Russia had been partly funded by taxpayer money from a $1 billion hospital project.

  • The Coolest New Automotive Technology at CES 2021

    Mercedes-Benz’s Hyperscreen, General Motors’ Bright Drop, and Jeep’s Electric Wrangler were among the unveils that turned headsOriginally Appeared on Architectural Digest

  • Trump is reportedly just going up to people and asking if they want a pardon

    President Trump has spent the last few days asking his friends, aides, and associates if they would like pardons — even those who are not facing any charges, a senior administration official told The Washington Post.In one case, the official said, Trump offered a pardon to a person who declined the chance at clemency, saying they weren't in any legal trouble and hadn't committed any crimes. "Trump's response was, 'Yeah, well, but you never know. They're going to come after us all. Maybe it's not a bad idea. Just let me know,'" the official recounted.Trump has taken a great interest in pardoning people, the Post reports, even calling families to personally let them know he granted a pardon. A person familiar with the matter told the Post that Trump was talked out of pardoning himself, family members, and controversial figures like Rudy Giuliani. An aide said there was also a brief discussion about possibly issuing pardons related to the Jan. 6 Capitol attack, but that idea went nowhere.While Trump has held a few ceremonial events in recent weeks, journalists have been kept away from the White House, largely because the president is "just not in a place where they would go well," one official told the Post. Trump is constantly flip-flopping, another administration official said, talking about his future but uncertain of where he will be. "He goes between, 'Well, I'm going to go to Florida and play golf, and life is honestly better,' and then in the next moment, it's like, 'But don't you think there's a chance to stay?'" the official said. Read more at The Washington Post.More stories from theweek.com CNN anchors laugh as Trump's departing flight takes off to Sinatra’s 'My Way' Trump issues last-minute order attempting to free his appointees from ethics commitments 5 more scathing cartoons about Trump's 2nd impeachment

  • Senate's top Democrat, Republican seek path to guide 50-50 chamber

    Facing a 50-50 partisan split in the U.S. Senate, the chamber's top Democrat and Republican discussed adopting a power-sharing deal similar to one struck two decades ago in similar circumstances, a Democratic spokesman said on Tuesday. Democrat Chuck Schumer, set to become majority leader on Wednesday thanks to incoming Vice President Kamala Harris' tie-breaking vote, told the chamber's top Republican, Mitch McConnell, that he favored adopting a deal along the lines of the 2001 arrangement "without extraneous changes from either side," a Schumer spokesman said.

  • Stores drop MyPillow after CEO pushes election conspiracies

    The founder and CEO of MyPillow, who amplified President Donald Trump's claims of election fraud, said a backlash against his company has begun after a mob stormed the U.S. Capitol this month. Mike Lindell, who appears in TV commercials hugging the company’s foam-filled pillows, said major retailers like Bed Bath & Beyond and Kohl’s have dropped his products recently. Lindell has continued to push bogus claims of election fraud since Trump’s loss to President-elect Joe Biden in the presidential race.

  • Qatar's foreign minister wants Gulf Arab nations to talk with Iran: Bloomberg

    "This is also a desire that's shared by other GCC (Gulf Cooperation Council) countries," he said in an interview. Separately, the Qatari government was supporting discussions between Iran and South Korea to secure the release of an oil tanker seized by the Islamic Revolutionary Guards early this month, the foreign minister said. As far as any potential U.S.-Iran talks, he said that Qatar will facilitate the discussions if asked and will support whoever is chosen to do so.

  • Biden honors late son Beau in emotional pre-inauguration speech: 'We should be introducing him as president'

    President-elect Joe Biden delivered an emotional farewell to Delaware on Tuesday one day before his swearing-in, choking up while paying tribute to the state and to his late son, Beau Biden.Biden spoke from Delaware before departing for Washington, D.C., and he became emotional from the top of the remarks as he thanked Delawareans who have been with him "through the good times and the bad" and said it's "deeply personal that our next journey to Washington starts here." The president-elect went on to say he'll "always be a proud son of the state of Delaware," emotionally adding that "when I die, Delaware will be written on my heart." He concluded the speech by honoring his late son, Beau Biden, who served as attorney general for the state and died in 2015. "Ladies and gentlemen, I only have one regret: that he's not here," Biden said. "Because we should be introducing him as president."Biden was set to depart for Washington shortly after concluding his remarks. He'll be flying to the nation's capitol on a private aircraft, CNN's Jeff Zeleny reports, describing this as "yet another remarkable change in protocol." Zeleny adds, "No immediate word on why he wasn't offered -- or isn't flying -- on a U.S. government plane, which is standard for a president-elect." > A tearful Joe Biden honors his late son, Beau Biden, before heading to Washington to be sworn in as the 46th president of the United States.> > "I only have one regret-- that he's not here. Because we should be introducing him as president." https://t.co/5nWjuSrSuH pic.twitter.com/U2J0kXEqau> > -- ABC News (@ABC) January 19, 2021More stories from theweek.com CNN anchors laugh as Trump's departing flight takes off to Sinatra’s 'My Way' Trump issues last-minute order attempting to free his appointees from ethics commitments 5 more scathing cartoons about Trump's 2nd impeachment

  • Panel: China, WHO should have acted quicker to stop pandemic

    A panel of experts commissioned by the World Health Organization has criticized China and other countries for not moving to stem the initial outbreak of the coronavirus earlier and questioned whether the U.N. health agency should have labeled it a pandemic sooner. In a report issued to the media Monday, the panel led by former Liberian President Ellen Johnson Sirleaf and former New Zealand Prime Minister Helen Clark said there were “lost opportunities" to adopt basic public health measures as early as possible. “What is clear to the panel is that public health measures could have been applied more forcefully by local and national health authorities in China in January,” it said.

  • Trump news - live: Ex-president sneaks in pardon for Fox ally’s husband as he and Melania retire to Mar-a-Lago

    Follow the latest updates as four-year term ends with flurry of pardons

  • Rep. Crenshaw: 'I'd be frustrated if I were' Trump, watching the press 'go right back to the Obama-era'

    Texas Congressman Dan Crenshaw argues Republicans need to unify and show voters that Democrats 'mean what they say' and 'will change your life fundamentally.'

  • Malaysia expands lockdown measures to most states as virus spreads

    Malaysia on Tuesday said it would extend lockdown restrictions across most of the country as it grappled with a rise in coronavirus infections. Last week, capital Kuala Lumpur and six states went into a two-week lockdown. Security minister Ismail Sabri Yaakob on Tuesday said the lockdown will also be imposed on six other states from Friday for two weeks.

  • Pakistan PM angry over reports TV anchor knew about strike

    Pakistan’s prime minister reacted angrily Monday to media reports of a text exchange between an Indian TV anchor and a former media industry executive that suggests a 2019 Indian airstrike inside Pakistan was designed to boost Indian Prime Minister Narendra Modi’s chances for reelection. Imran Khan took to Twitter to respond to Indian media reports of an exchange on the WhatsApp messaging service between popular Indian TV anchor Arnab Goswami and Partho Dasgupta, the former head of a TV rating company.

  • 'One village, one policy': China keeps it local to battle COVID wave

    China is using localised tactics to battle a wave of COVID-19 outbreaks, an approach that avoids the sort of widespread shutdowns that devastated the economy last year but is also sowing uncertainty ahead of the Lunar New Year travel season. In the province of Hebei, which surrounds Beijing and has seen hundreds of infections in the last two weeks, officials were told in a Monday meeting to adhere to the principle of "one village, one policy" and draw up individual plans for each community. After keeping confirmed new COVID-19 infections to just a handful a day for months, China has seen a spike in cases since the beginning of the year, with more than 100 a day recently, raising fears of a large-scale outbreak.

  • Speaker Pelosi: Trump could be "accessory" to murder over deadly insurrection

    President Trump could be an "accessory" to murder after over the deadly Jan. 6 riots at the Capitol, House Speaker Nancy Pelosi told MSNBC Tuesday night.Why it matters: Trump faced intense criticism after a crowd of his supporters breached the Capitol and broke into chambers, including Pelosi’s office. Five people died as a result of the insurrection.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here. * Trump had spread false claims of election fraud online and urged supporters to march to the Capitol in a speech at a "Save America" rally shortly before rioters broke into the building.What she’s saying: "Presidents' words are important. They weigh a ton," Pelosi said. "And they used his words to come here." * Any Congress member proven to have colluded with rioters could be accessories to crimes committed during the events — like Trump, she added. * "And the crime, in some cases, was murder," Pelosi said. "And this president is an accessory to that crime because he instigated that insurrection that caused those deaths and this destruction."The big picture: Trump said a week after the riots that he "unequivocally" condemned the violence. But Senate Majority Leader Mitch McConnell, once a Trump loyalist, said on Tuesday the mob was "provoked by the president and other powerful people." * The House voted to impeach Trump last week on one charge: incitement of insurrection. It now goes to the Senate for trial. * The White House did not immediately respond to Axios' request for comment on Pelosi's remarks.Go deeper: In photos: Protesters storm U.S. CapitolSupport safe, smart, sane journalism. Sign up for Axios Newsletters here.

  • Netanyahu courts Arab voters in election-year turnabout

    Prime Minister Benjamin Netanyahu, who has spent much of his long career casting Israel's Arab minority as a potential fifth column led by terrorist sympathizers, is now openly courting their support as he seeks reelection in the country's fourth vote in less than two years. The Joint List, an alliance of Arab parties that secured a record 15 seats in the 120-member Knesset last March, is riven by a dispute over whether it should work with Netanyahu's right-wing Likud at a time when less objectionable center-left parties are in disarray.

  • SLS: Nasa finds cause of 'megarocket' test shutdown

    An issue with hydraulic systems led to the early shutdown of a test for Nasa's new "megarocket".

  • 19 Stylish Bar Cabinets to Elevate Your Space in 2021

    Store your stemware and sauvignon blanc in styleOriginally Appeared on Architectural Digest