Hints and tips:
...B, a biography of choreographer George Balanchine. Each wins £5,000....
...Production has recovered to just over 12mn barrels a day, down from the record high of 13mn b/d hit in 2019....
...So when I say the new film Tár, starring Cate Blanchett as a composer who faces a professional and personal crisis, was the best thing I saw this week, I want to make it clear that this is very, very high...
...“High tars” may refer to sailors in crows nests, and “low tars” to submariners. An Oxford is as likely to be a shoe as a university....
...I think anybody who makes decisions now before they’re either a) sure there’s a Labour government or b) sure that the Conservatives aren’t gonna sneak back in is probably a fool to themselves....
...Brent crude prices plunged below $100 a barrel yesterday, about $40/b below their highs earlier this month....
...After cutting 250,000 b/d in June, Norway will maintain cuts of 134,000 b/d for the rest of the year, as well as delaying the start-up of several fields....
...Analysts have calculated that the US oil industry, which expanded in the last decade to make America the world's top oil producer, could contract as much as 2.5m b/d by the end of 2021, from around 13m b...
...That compares with Saudi Arabia’s promised increase of supplies by 2.5m b/d alongside an eventual 1m b/d boost to capacity. Other Russian producers have argued against Mr Sechin’s aggressive approach....
...It allows the landscape of this stretch of coastline in southern England, overshadowed by the Dungeness B nuclear power plant, to flow up to and around its tar-black boards and yellow window frames....
...The deep incompetence of UK legislators, who regularly tar and feather business for its mistakes, has been exposed by their failure to deliver Brexit....
...Will 1m b/d annual growth be a starting point rather than its maximum?...
...While expected to rise next year for the first time since 2004, Mr González Anaya is still only targeting a modest 1.951m b/d for 2018....
...Indian Oil Corporation is set to receive a cargo of higher sulphur Mars crude from the US in October, which will be blended onboard a VLCC with oil from the Canadian tar sands....
...Other producers, such as those focused on Canadian tar sands, have also squeezed down costs....
...There is no doubt that the past decade has seen the position of Opec weakened by the growth of non-Opec sources of oil and gas, notably US shale and Canadian tar sands....
...It also has to be large enough to help stabilise an oversupplied market, with at least 700,000 b/d-1m b/d taken off the market, one person familiar with the matter said....
...The cartel’s strategy of pumping flat out arguably did exactly what it intended, squeezing higher-cost rivals — from the US to oil from Brazil’s deep waters, Canada’s tar sands and the Arctic....
...We too would like an Opposition that has an ounce of credibility, but we don’t want a Plan B, or a compromise, or a climbdown....
...Fearing US shale, Canadian tar sands and ultra-deep water crude was taking too much of the market, the Opec leader instead let prices fall to squeeze out more expensive producers, leading many to say the...
...Wildfires in Canada have affected tar sands output while power cuts have put constraints on production in Venezuela....
...to 1m b/d by July....
...Opec’s output has averaged more than 32m b/d in 2016, well above its former target of 30m b/d....
...“If Opec production is frozen at 33m b/d for the rest of this year there will be a surplus of 1.5m b/d on average which even in the second half of this year will be at 750,000 b/d.”...
...The IEA said global oil supplies breached 97m b/d in October, 2m b/d more than a year ago, with two-thirds of the increase coming from Opec producers....
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