Yahoo News - Latest News & Headlines
Oil flat in subdued trade, focus remains on supply surplus
By Libby George LONDON (Reuters) - Oil prices were flat on Monday but remained on an unstable footing as increases in U.S. drilling activity undercut an OPEC-led push to tighten supply. Trading was subdued due to public holidays in China, the United States and Britain, but the market remains unsettled because of uncertainty over whether the impact of OPEC's latest action to curb oversupply would be enough to support prices. U.S. West Texas Intermediate (WTI) crude futures were 4 cents higher at $49.84 per barrel.
JFK at 100: Remembering John F. Kennedy on his 100th birthday
![JFK at 100: Remembering John F. Kennedy on his 100th birthday]( "JFK at 100: Remembering John F. Kennedy on his 100th birthday")
Take a look back at the life of President John F. Kennedy on his centennial
Yahoo News - Latest News & Headlines
Oil flat in subdued trade, focus remains on supply surplus
By Libby George LONDON (Reuters) - Oil prices were flat on Monday but remained on an unstable footing as increases in U.S. drilling activity undercut an OPEC-led push to tighten supply. Trading was subdued due to public holidays in China, the United States and Britain, but the market remains unsettled because of uncertainty over whether the impact of OPEC's latest action to curb oversupply would be enough to support prices. U.S. West Texas Intermediate (WTI) crude futures were 4 cents higher at $49.84 per barrel.
US will step up air strikes to 'annihilate' Isis and citizen casualties are inevitable, warns Defence Secretary
Pentagon chief James Mattis has said that the US is “accelerating the tempo” of the fight against Isis, and that civilian deaths should be anticipated as a “fact of life”. While US forces operating in Syria and Iraq do “do everything humanly possible” to prevent the loss of innocent life, “Civilian casualties are a fact of life in this sort of situation,“ General Mattis told CBS’ Face the Nation on Sunday. The interview comes after new figures from war monitor the Syrian Observatory for Human Rights found that the last four-week period was the deadliest for Syrian civilians on record since the US-led coalition bombing campaign began in 2014.
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