Business

OPEC: Oil prices to hit over $160 per barrel

The Outlook says that OPEC crude supply will increase from 30 million barrels per day in 2014 up to 30.7 million barrels per day by 2020. Demand in the OECD region is expected to decrease by 8 mb/d, down to 37.8 mb/d, while demand in developing countries is expected to increase significantly (by nearly 26 mb/d) to reach 66.1 mb/d, the report adds.

Business

'Star Wars: The Force Awakens:' Harrison Ford made HOW much money?

But just how much money did " The Force Awakens " actors earn to join a galaxy far, far away? In Vietnam, CJ Entertainment's mountaineering adventure drama The Himalayas took in $8.7 million from Thursday to Sunday, beating Star Wars' cume of $7.9 million.

Business

Virginia halts concealed carry reciprocity with 25 states

This meant that those who would not qualify in Virginia could circumvent state law by simply obtaining permits in other states. Some of those states allow people with histories of stalking, drug dealing, domestic violence and mental health problems to obtain permits.

Business

Miss Universe is Miss Colombia... sorry Miss Philippines

Later on, Harvey said he felt "terrible" about what happened at the tail end of the show, which was watched by millions around the globe. However, the event ended on a sour note due to a mistake on the part of the show's host, Steve Harvey.

Business

5 bodies found in California plane wreckage

Saturday, about three hours after receiving an alert from the FAA about the missing plane. The Kern County Sheriff-s Office-Coroner Division recovered the bodies Saturday and is in the process of identifying them. The single-engine Piper PA32 disappeared from radar at about 4 p.m. south of Bakersfield about 10 miles, FAA spokesman Ian Gregor said. The Federal Aviation Administration and the National Transportation Safety Board are investigating the crash, according to CNN .

Business

Crude oil futures rise to Rs. 2565 per barrel

With the OPEC strategy created to choke competition from the American shale gas industry, USA light crude dropped by $2 on Monday to less than $38 a barrel. "The emotional impact of the latest OPEC meeting would suggest that prices might accelerate in their fall but I think the direction is obvious, they will get lower", Warren Gilman, chairman and CEO of CEF Holdings, told CNBC's Capital Connection.


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