Oil sank to a 12-year low of less than $28 a barrel in London on Monday as the removal of global sanctions over the weekend freed Iran to revive crude exports, threatening to swell a glut created by fellow OPEC members and USA shale drillers.
According to The Associated Press , SpaceX CEO Elon Musk posted a video of the landing attempt to his Instagram account. Most-read articles Fourth time's a charm? It was SpaceX's third attempt to perform an ocean landing of Falcon 9, while the previous two exploded during a similar manoeuvre.
However, UnitedHealth's full-year profit still increased 3.5% year over year, totaling $5.81 billion. UnitedHealth said the exchanges contributed to the company's consolidated medical-care ratio-the amount of premiums used to pay patient medical costs-rising to 82.7% in the fourth quarter, up from 80.9% in the third quarter and 80.1% in fourth quarter 2014.
US crude futures were trading at $29.00 a barrel by 0105 GMT, down 42 cents from their last settlement. Both Sunni-dominated Saudi Arabia and the Shiite militias in Iran have been regional rivals for years and the USA decision to lift sanctions is reigniting tensions.
U.S. Sen. Ted Cruz never misses a chance to take a shot at his No. 1 rival Republican rival, Donald Trump . The Republican front-runner, who was either unaware of Levin's criticism or disregarded it, continued his Cruz attacks after Levin published his post.
The 30-share Sensex after opening higher at 24,257.28 advanced to hit the day's high of 24,563.34 and finally settled 291.47 points or 1.21% higher at 24,479.84. This was the weakest pace of expansion since the first quarter of 2009. "Rise in oil prices also helped sentiments, which were further boosted by rise in European markets", said Anand James of Geojit BNP Paribas Financial Services.