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OPEC Likely to Extend Supply Cuts to Rebalance Market Raises forecast for 2018 demand Ejiofor Alike with agency report United Arab Emirates’ minister for energy Suhail al-Mazroui has stated that he expects the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries to extend global supply cuts at the November 30, 2017 meeting.This is coming as OPEC in its November oil market report released yesterday, increased the forecast for 2018 demand for its crude by 360,000 barrels per day, from last month’s report to 33.42 million bpd. But the tensions in the Middle East have raised the prospect of disruptions of crude oil supply, though the price of Brent was steady yesterday at $63 per barrel, close to its two-year high. Speaking yesterday at the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC), al-Mazroui said his prediction was that OPEC would continue to do what it would take to rebalance the market. He added that while he had not heard a...

Why Russia produces (and quashes) so much radical art

Why Russia produces (and quashes) so much radical art tists have always held a special place in Russian society. My father, the playwright Alexander Guelman, was well known in the 1970s and was once lauded by Mikhail Gorbachev as the father of perestroika , the movement for reform within the Communist Party. At that time, theater was changing the perceptions of an entire generation. During the period of glasnost ("openness") in the mid-1980s, restrictions on forbidden books were relaxed . This newly available literature allowed people to evaluate society in ways that had previously been suppressed by communist propaganda. The return of the great writer  Alexander Solzhenitsyn  from exile in 1994 became symbolic of a new era. But by this time, rock music had taken over the roles previously held by theater and literature. The creativity of acts like Mashina Vremeni, Boris Grebenshikov and DDT led the charge for a new, open world. The whole country knew the lyrics by K...
Women's Ashes: Australia thrash England to retain trophy Australia reached their target with 25 balls to spare Women's Ashes: First Twenty20, North Sydney Oval England 132-9 (20 overs):  Wyatt 50, Schutt 4-22 Australia 134-4 (15.5 overs):  Mooney 86* Australia won by six wickets; lead multi-format series 8-4 Scorecard Australia retained the Women's Ashes with an emphatic six-wicket victory over England in the first Twenty20 international in Sydney. Victory gave the holders an 8-4 lead in the points-based series, meaning England can only draw 8-8 if they win the final two T20s. England lost Heather Knight second ball and were 16-4, but Dani Wyatt's maiden fifty helped them to 132-9. Beth Mooney hit 86 not as Australia raced home with 25 balls to spare. Having won the 50-over World Cup  in fine style at Lord's  in July, England's preparations for the Ashes were hampered by the two warm-up matches being washed out  and they found themselves 4-...