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Oil Sinks Toward Weekly Loss as Virus Makes Comeback in Asia - Bloomberg

Oil Sinks Toward Weekly Loss as Virus Makes Comeback in Asia - Bloomberg PRICES: WTI for June delivery fell 0.6% to $63.41 a barrel on the New York Mercantile Exchange at 7:05 a.m. in London.Brent for July settlement eased 0.7% to $66.61 a barrel on the ICE Futures Europe exchange.Prices are 2.4% lower this week. Oil headed for the biggest weekly drop since early April as countries in Asia continue to fight persistent Covid-19 outbreaks, highlighting the patchy recovery from the pa...
Tags: Travel, Asia, Europe, Japan, London, China, Southeast Asia, Singapore, India, Federal Reserve, Latin America, International Energy Agency, New York Mercantile Exchange, Rupert Neil Bumfrey, IHS Markit, Asia Bloomberg


Gas prices increase, vaccine passport program problematic, Maui condos falling into the ocean, more news from all the Hawaiian Islands

Hilo gas station on May 12, 2021 ©2021 All Hawaii NewsHawaii gas price second highest amid mainland disruption. Hawaii’s geographic isolation protected consumers from gasoline shortages in many southeastern states caused by the forced shutdown of a massive pipeline that lasted five days and began reopening Wednesday. Star-Advertiser. KITV4. With inter-island vaccine passport set up, state now turns attention to trans-Pacific travel. Without an automated method for verifying with local va...
Tags: Travel, Japan, Supreme Court, United States, Hawaii, Dallas, Associated Press, Las Vegas, Pacific, Maui, State, Honolulu, Hawaiian Islands, Hawaii News Now, Nanakuli, Hilo


Tokyo Racecourse photographed in a very different time

The photograph below was taken just shy of 7 years ago — a day when 130,000 spectators squeezed into Tokyo Racecourse for the Japan Derby. Not that long ago really, and yet in the current climate it almost looks like another world. All those people, hardly any masks, and, pandemic comparisons aside, an almost complete absence of smartphones. 2014, it turns out, wasn’t half bad, and perhaps appropriately, the winner that year was One and Only.
Tags: Travel, Photography, Japan, Tokyo


Busy Doing Nothing

I’ve been a huge fan of Rekka and Devine’s — better known as Hundred Rabbits — adventures sailing around the world over the past few years, following them through their various posts, tweets, and especially videos that they would share as they sailed from Vancouver, down the coast to Mexico, then to New Zealand, before reaching Japan and then back again. But despite all the following I was doing, it’s reading their book Busy Doing Nothing that gave me the best understanding of what they we...
Tags: Travel, Books, Japan, Mexico, New Zealand, Vancouver, Devine, Devine Lu Linvega, Hundred Rabbits, Rekka, On Something, Busy Doing Nothing, Rekka Bellum


A faded and atmospheric old Japanese village

Old and long-abandoned Japanese villages are hard to top when it comes to looks and character, but this wonderfully faded and atmospheric little mountain settlement more than holds its own. Slowly deteriorating signs for souvenirs and refreshments point towards better, and previously busier times, yet just like so many of Japan’s old resort towns and crumbling day-trip destinations, they are now little more than dying reminders of a very different past. The clearly visible decline unsurprisingl...
Tags: Travel, Photography, Japan, Food And Drink


Singapore Airlines is betting big that Asia will open to Americans by starting flights between the US and Japan this summer

A Singapore Airlines Boeing 777-300ER. Thiago B Trevisan/Shutterstock.com Singapore Airlines is resuming flights on the Singapore-Los Angeles via Tokyo, Japan route in June. Flights will operate with a premium-configured Boeing 777-300ER offering first class and business class, premium economy class, and economy class cabins. Japan is still closed to Americans but the airline hopes that the US' vaccination progress will see international borders open quickly to its citizens. See more...
Tags: Travel, Transportation, Asia, Europe, Japan, News, Greece, Singapore, Planes, Americas, US, Los Angeles, Trends, European Union, Flying, Tokyo


Oil Posts April Gain With Focus on Upcoming Demand Revival - Bloomberg

Oil Posts April Gain With Focus on Upcoming Demand Revival - Bloomberg PRICES West Texas Intermediate fell $1.43 to settle at $63.58 a barrel, but rose 2.3% this weekBrent for June settlement, which expires Friday, lost $1.31 to $67.25 a barrel. The contract is up 1.7% this week, and climbed 5.8% for the monthThe more-active July contract declined $1.29 to $66.76 Oil rose this month with a slew of positive economic data and signs of a budding fuel consumption revival in key economies of...
Tags: Travel, Europe, Japan, New York, China, India, Opec, Bloomberg, Goldman Sachs Group Inc, India Brazil, Rupert Neil Bumfrey, Edward Moya, Oanda Corp


India demand fears, weak Japan crude imports knock oil prices | Reuters

India demand fears, weak Japan crude imports knock oil prices | Reuters Oil prices fell from six-week highs on Friday as investors unloaded positions after weak Japanese crude import data and on worries about fuel demand in India, where COVID-19 infections have soared.U.S. crude and global benchmark Brent logged their biggest daily drops in more than three weeks, but saw monthly gains of near 6% and 8%, respectively. Fuel demand worldwide is mixed, with consumption rising in the United States ...
Tags: Travel, Japan, China, India, United States, Brent, Wti, Reuters, Reuters Oil, Rupert Neil Bumfrey


Oil prices slip from six-week high as India's demand worries weigh | Reuters

Oil prices slip from six-week high as India's demand worries weigh | Reuters Oil prices slipped on Friday, taking a breather after touching their highest in six weeks as concerns of wider lockdowns in India and Brazil to curb the COVID-19 pandemic offset a bullish outlook on summer fuel demand and economic recovery.Brent crude fell 31 cents, or 0.5%, to $68.25 a barrel by 0630 GMT, the last day’s trading for the front-month June contract. U.S. West Texas Intermediate crude for June was at $64....
Tags: Travel, Japan, China, India, Brazil, Reuters, Reuters Oil, Rupert Neil Bumfrey


Oil prices rise, bullish demand outlook offsets India concerns | Reuters

Oil prices rise, bullish demand outlook offsets India concerns | Reuters Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts of recovering demand outweighed concerns about the impact of rising COVID-19 cases in Brazil, India and Japan.Brent rose 49 cents, or 0.7%, to $67.76 a barrel by 0843 GMT, and U.S. West Texas Intermediate crude was up 43 cents, or 0.7%, at $64.29 a barrel.This is the third consecutive day that the both contracts are rising."Th...
Tags: Travel, Japan, India, Turkey, Reuters, Reuters Oil, India Japan, Brazil India, Rupert Neil Bumfrey, U S West Texas Intermediate, PVM Oil Associates, Tamas Varga


Oil falls on India's COVID surge, supply increase | Reuters

Oil falls on India's COVID surge, supply increase | ReutersOil fell on Monday on fears that surging COVID-19 cases in India will dent fuel demand in the world's third-biggest oil importer, while the end of a force majeure on exports from a Libyan terminal and an expected supply increase from OPEC+ added to pressure.Brent crude was $1.08, or 1.6%, lower at $65.03 a barrel by 1329 GMT. U.S. West Texas Intermediate (WTI) crude was down 97 cents, or 1.6%, at $61.17 a barrel.Both benchmarks fell abou...
Tags: Travel, Japan, India, Opec, Reuters, Commerzbank, U S West Texas Intermediate WTI, Rupert Neil Bumfrey, Eugen Weinberg, COVID, ReutersOil


Oil edges higher as recovery support countered by Asia virus surge | Reuters

Oil edges higher as recovery support countered by Asia virus surge | ReutersOil settled higher on Friday, supported by bullish economic data from U.S. and Europe, though a rise in coronavirus cases in India was still pressuring prices.Brent crude settled up 43 cents, 0.7%, to $65.83 a barrel. U.S. West Texas Intermediate (WTI) U.S. crude gained 63 cents, or 1.1%, to $66.11 a barrel.For the week, both benchmark crudes fell about 1% due to the resurgence of infections in India and Japan, the world...
Tags: Travel, Asia, Europe, Japan, India, Reuters, Associates, Jim Ritterbusch, Galena Illinois, Rupert Neil Bumfrey, Ritterbusch, ReutersOil


Inside the largest fish market in the world, where a single tuna can sell for up to $3 million

The Toyosu Market in Tokyo is the largest fish market in the world, and is home to world-famous tuna auctions.Expert bidders flock to the market each morning for a chance to buy top-tier tuna, sometimes paying as much as $3 million.We followed a veteran tuna bidder, who explained the ins and outs of tuna auctions and his industry's role in marine sustainability. See more stories on Insider's business page. Read the original article on Business Insider [Author: [email protected]
Tags: Travel, Video, Japan, Trends, Retail, Tokyo, Bidding, Tuna, Big Business, Toyosu, Business Insider Today, Video Format Big Business, Tuna Bidding


Oil steady as Libya output decline offsets risks to Asian demand | Reuters

Oil steady as Libya output decline offsets risks to Asian demand | ReutersOil prices were little changed on Thursday as concerns over lower crude production in Libya offset expectations that rising coronavirus cases in India and Japan would cause energy demand to decline.Brent futures edged up 8 cents, or 0.1%, to settle at $65.40 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 8 cents, or 0.1%, to end at $61.43.Libya said its oil production fell to about 1 million barrels per day ...
Tags: Travel, Japan, India, Libya, Ioc, Reuters, Rupert Neil Bumfrey, Rystad Energy, Indian Oil Corp Ltd, Bjornar Tonhaugen


Oil losses deepen on U.S. stock build and pandemic fears | Reuters

Oil losses deepen on U.S. stock build and pandemic fears | ReutersOil prices extended their losses into a third day on Thursday as a surprise build-up in U.S. crude inventories and a resurgence of COVID-19 cases in India and Japan raised fears that a demand recovery could be stalled.Brent crude futures fell 37 cents, or 0.57%, to $64.95 a barrel by 0904 GMT, having dropped by $1.25 on Wednesday. U.S. West Texas Intermediate (WTI) crude futures were down 35 cents, or 0.57%, at $61 after losing $1...
Tags: Travel, Japan, India, Energy Information Administration, Reuters, Rupert Neil Bumfrey


Oil extend losses into 3rd day on U.S. stock build, pandemic fears | Reuters

Oil extend losses into 3rd day on U.S. stock build, pandemic fears | ReutersOil prices extended their losses into a third day on Thursday as a surprise build-up in U.S. crude inventories and a resurgence of COVID-19 cases in India and Japan fuelled fears that a recovery in global economy and fuel demand may be stalled.Brent crude futures fell 18 cents, or 0.3%, to $65.14 a barrel by 0721 GMT, following a drop of $1.25 on Wednesday. U.S. West Texas Intermediate (WTI) crude futures were down 17 ce...
Tags: Travel, Japan, India, Energy Information Administration, Reuters, Rupert Neil Bumfrey


Oil slips on COVID-19, data woes; stocks rebound | Reuters

Oil slips on COVID-19, data woes; stocks rebound | ReutersWorld stocks rose on Wednesday as Wall Street and Europe bounced back from large drops, while oil prices continued to be weighed down by rising COVID-19 cases in Asia.Concern that record coronavirus infections in India, likely restrictions in Japan and rising cases in Latin America will be a hurdle for the global economic recovery has weighed on investor sentiment, though the S&P 500 closed just 12 points below its record close.On Wall St...
Tags: Travel, Asia, Europe, Japan, India, Netflix, Asia Pacific, Latin America, Reuters, MSCI, Rupert Neil Bumfrey, JJ Kinahan, ReutersWorld


Japan’s Recovery From COVID-19 And What Lies Beyond

In January 2021, the Nikkei-225 Stock Average reached a peak not seen in 30 years, despite the third wave of COVID-19 cases. However, the real economy remains sluggish. As such, JLL Japan Research released the monthly Recovery Index – a comprehensive indicator to visualise how the socio-economic situation, which was hit hard during the pandemic, is recovering. The index shows that the momentum of the recovery are largely depending upon government measures.
Tags: Travel, Japan, JLL Japan Research


Legislature reaches budget agreement, Hirono's role-model mother dies at 96, state attorney general fights fake vaccine passports, more news from all the Hawaiian Islands

Hawaii House Speaker Scott Saiki Hawaii House Speaker Scott Saiki’s High-Profile Agenda Is Raising Questions. Saiki has empowered the House to be a much-needed political player this year. But concerns about his methods and his ultimate goal are growing. Civil Beat.Lawmakers Reach Agreement On A New Two-Year State Budget. House and Senate negotiators say they have used federal funds to cancel out most of Gov. Ige’s budget cuts. Civil Beat.State board members violating law, Office of Hawaii...
Tags: Travel, Japan, Supreme Court, Senate, Hawaii, House, Associated Press, Maui, Department Of Health, Honolulu, Legislature, American Civil Liberties Union, Oahu, Mauna Kea, Ballard, Hawaiian Islands


IHG Hotels & Resorts Signs Biggest Japan Conversion Deal In More Than A Decade

IHG Hotels & Resorts and Iwate Hotel & Resort Co., Ltd. today announce the signing of an agreement to open or refurbish three hotels in Japan's Appi region and badge them under world-class IHG brands in December 2021.
Tags: Travel, Japan, Ihg, Appi, IHG Hotels Resorts and Iwate Hotel Resort Co Ltd


Sights and sounds from Japan’s most dystopian train station

Earlier this year I added an audio track to some photos of a wonderfully atmospheric old drinking alleyway. It was an experiment that definitely gave the images something extra, so having made a few recordings in Niigata’s unique Tsutsuishi station several years ago, I decided to re-edit the photos I’d taken, narrow down the selection and post them below with sounds that are arguably as distinctive as the station itself. First built in 1912, it was originally above ground, but that all changed...
Tags: Travel, Photography, Japan, Niigata, Tsutsuishi


Drama at the Tokyo Mask Protest

My new friend, the English speaking Youtuber,Abe-chan, was distracted by petty bullshit while trying to lead the march. So, how’s the protest going? Do you think you’re raising awareness about the PCR test and mask non- compliance? This whole thing is a clusterfuck. I can’t focus on this today. Yuusuke, the heartthrob of the Tokyo BLM/#StopAsianHate/ AntiMaskers/ StopTheSteal movement, posted on Twitter he was coming the Ikebukro march. So Rua, who’s kind of on the cusp of the Tokyo protest...
Tags: Travel, Japan, Instagram, Tokyo, Holden, Kawasaki, Rua, Ryu, Saitama, Ikebukuro, Keio, Kawaguchi, Raretreats, StopAsianHate, No Mask, Stopthepcrjapan


#UAE’s Taqa seeks to shine with solar energy push | Financial Times

UAE’s Taqa seeks to shine with solar energy push | Financial Times The Noor Abu Dhabi solar plant produces enough electricity for around 90,000 homes © TAQA Group From a distance, the 3.4m panels making up the United Arab Emirates’ largest solar power plant look like a massive lake. But Noor Abu Dhabi, nestled between camel farms and rolling sand dunes, is no mirage. The 1.2 gigawatt facility — the world’s largest single-site plant — produces enough electricity for around 90,000 home...
Tags: Travel, Japan, China, United Arab Emirates, Abu Dhabi, Uae, Financial Times, Noor, Marubeni, Al Dhafra, Rupert Neil Bumfrey, Taqa, Noor Abu Dhabi


Oil Dips With Stronger Dollar After Saudis Defend Output Hike - Bloomberg

Oil Dips With Stronger Dollar After Saudis Defend Output Hike - Bloomberg WTI for May delivery fell 0.3% to $59.43 a barrel at 10:04 a.m. London time Brent for June dropped 0.5% to $62.91 a barrel Oil dipped, weighed by a stronger dollar and after Saudi Arabia said it was confident that OPEC+ was right in agreeing to raise output.West Texas Intermediate futures gave up early gains to trade 0.5% lower, though prices remain within the $5 range they’ve been holding since mid-March. The...
Tags: Travel, Japan, London, Saudi Arabia, India, Opec, Bloomberg, Okinawa, Rupert Neil Bumfrey, Tokyo Kyoto, Bloomberg WTI


Oil Dips With Record India Virus Cases Imperiling Demand Revival - Bloomberg

Oil Dips With Record India Virus Cases Imperiling Demand Revival - Bloomberg WTI dropped 0.6% to $59.42 a barrel at 9:49 a.m. in London. Brent lost 0.4% to $62.94 a barrel Oil fell as bearish virus news from India to Japan underpinned the outlook for a staggered recovery in consumption.West Texas Intermediate slid 0.6%, though remains within the $5 range it has traded in since mid-March. India, the world’s No. 3 oil importer, reported a record number of daily coronavirus cases, with state...
Tags: Travel, Japan, India, Bloomberg, Tokyo, Ontario, Rupert Neil Bumfrey, London Brent, Bloomberg WTI


HVS Asia Pacific Hospitality Newsletter - Week Ending 2 April 2021

Blackstone to Acquire Eight Hotels from Japan's Kintetsu
Tags: Travel, Japan, Blackstone


Cross Hotels & Resorts Debuts In Japan With 7-Hotel Deal

In a landmark development for Asia's hospitality sector, Cross Hotels & Resorts is pleased to announce it has expanded its regional footprint with entry into the Japanese market in a master franchise agreement with AB Accommo Company Limited. The company anticipates a rewarding future initially with seven properties with a total of 844 keys within four years stretching across Okinawa in the far south to Hokkaido.
Tags: Travel, Asia, Japan, Okinawa, Cross Hotels amp, Cross Hotels Resorts, AB Accommo Company Limited


#Saudi Aramco sends request to banks for pipeline deal financing - sources | Reuters

Saudi Aramco sends request to banks for pipeline deal financing - sources | ReutersSaudi Aramco has sent a request for proposals to banks for financing it wants to offer to investors looking to lease its pipelines, three sources said, a sign the oil giant is progressing with plans to extract value from its assets.Aramco, which is being advised by JPMorgan and Japan’s MUFG on the financing, has sent the request over the past few weeks to its relationship banks, meaning to banks that have already ...
Tags: Travel, Japan, Abu Dhabi, Reuters, Aramco, Saudi Aramco, Jpmorgan, ADNOC, Rupert Neil Bumfrey, MUFG, ReutersSaudi Aramco


Analysis: #Qatar tightens global gas market grip with bold expansion moves | Reuters

Analysis: Qatar tightens global gas market grip with bold expansion moves | ReutersQatar Petroleum, the world’s top liquefied natural gas (LNG) producer, is cranking up the pressure on high-cost rivals with bold expansion plans that will boost supplies over the coming decade and potentially push prices down further.As competitors struggle to break even due to lower prices, the Qatari firm last month announced it will boost LNG output by about 40% to 110 million tonnes per annum (mtpa) by 2026 in...
Tags: Travel, South Korea, Japan, Qatar, Credit Suisse, Reuters, LNG, Rupert Neil Bumfrey, IHS Markit, North Field, Chong Zhi Xin, ReutersQatar Petroleum the world, Saul Kavonic


Faded Japan a few hours north of Tokyo

Japan’s vast train network means it’s easy to get to and from almost anywhere, and that’s especially true in and around the nation’s big cities. A system that is ideal for long walks, as no matter where you decide to get off, it’s almost always possible to make it to another station, allowing for plenty of options, detours and the chance to change destinations on the fly. It was such an approach that resulted in the photos below. We got a local train north of the capital, and then just meandere...
Tags: Travel, Photography, Japan, Tokyo



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