Today, it will be the turn of the USA government's Energy Information Administration. Despite a 13 percent jump in production since mid-2016 to 9.5 million barrels per day (bpd), the country's commercial crude inventories have fallen 13 percent from their March records to below 2016 levels.
Ford is in talks to launch fully electric cars for China, after announcing today it had signed a memorandum of understanding with Chinese auto firm Anhui Zotye Automobile to develop a joint venture. Ford's not alone in building new JVs in China focused specifically on electric: Volkswagen announced plans to create its own third venture with a Chinese partner earlier this year, with production to begin in 2018.
Under the terms of the deal, AP Moller Maersk will get $4.95bn in Total shares with Total acquiring $2.5b of Maersk Oil's debt. It also complements the company's global portfolio and creates synergies, including more than $200 million in cost synergies and about $100 million identified fiscal synergies per year.
The Navy said Osprey aircraft and Seahawk helicopters from the USS America were assisting in the search. USA military helicopters as well as the Singaporean and Malaysian navies and coast guards are now conducting search and rescue operations.
The Nasdaq Composite was down 0.17 points, or 0 percent, at 6,221.75. Rallies in gold and silver and a weakening US dollar also add legitimacy to the concern that investors have. The stock market swung wildly on activity out of Washington. Economic news: The market ignored a reading of consumer sentiment for August that was its highest since January at 97.6, compared with 93.4 in the prior month.
Zidane has enjoyed a glorious year in charge of Madrid as they successfully defended the European Cup - the first team to do so in the Champions League era. " Team to beat? We know this, now more than before, our rivals always want to beat us, so it's an important match for all the teams. This is going to be a very long season and it is just the first of 38 games but working hard will always bring us good things".