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Shale Giant Occidental (OXY) Praises ‘Brilliant’ OPEC for Rebalancing Oil Market - Bloomberg

Shale Giant Occidental (OXY) Praises ‘Brilliant’ OPEC for Rebalancing Oil Market - BloombergOccidental Petroleum Corp. praised OPEC and its allies for managing crude markets out of last year’s historic crash and said the U.S. shale industry is thankful for its efforts.“They’ve been brilliant in the way they’ve handled it, the way they’ve been doing it,” Chief Executive Officer Vicki Hollub said at a conference hosted by the Texas Independent Producers & Royalty Owners Association Tuesday. “Every...
Tags: Travel, Opec, U S, Rupert Neil Bumfrey, Vicki Hollub, Hollub, Occidental OXY, Rebalancing Oil Market Bloomberg


Apollo Global Leads Group for $10 Billion #SaudiArabia's Aramco Pipeline Deal - Bloomberg

Apollo Global Leads Group for $10 Billion Saudi Arabia's Aramco Pipeline Deal - BloombergApollo Global Management Inc. is leading a group of investors aiming to buy a roughly $10 billion stake in Saudi Aramco’s oil pipelines, people familiar with the matter said.The buyout firm’s consortium will include U.S. and Chinese investors and has been shortlisted to make a final offer, the people said, asking not to be identified as the matter is private. Aramco, Saudi Arabia’s state energy company, has ...
Tags: Travel, Saudi Arabia, Canada, Brookfield, Apollo, Aramco, Saudi Aramco, U S, BlackRock Inc, Brookfield Asset Management Inc, Rupert Neil Bumfrey, Aramco Saudi Arabia, Apollo Global Leads Group, Aramco Pipeline Deal Bloomberg, Aramco BlackRock


Oil prices steady as lockdowns curb U.S. stimulus optimism | Reuters

Oil prices steady as lockdowns curb U.S. stimulus optimism | Reuters Oil prices were steady on Monday as support from U.S. stimulus plans and jitters about supplies competed with worries about the impact on demand from renewed coronavirus lockdowns.Brent crude futures for March were up 13 cents, or 0.2%, to $55.54 a barrel by 1515 GMT. U.S. West Texas Intermediate crude for March was up 10 cents, or 0.2%, at $52.37.“Sentiment was buoyed by expectations for a blockbuster coronavirus relief packag...
Tags: Travel, Joe Biden, Reuters, Reuters Oil, U S, Rupert Neil Bumfrey, Stephen Brennock, PVM U S


Oil slips as China lockdown, U.S. unemployment data temper gains | Reuters

Oil slips as China lockdown, U.S. unemployment data temper gains | Reuters Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronaries outbreaks tempered a rally driven by strong import data from the world’s biggest crude importer and U.S. plans for a large stimulus package.Brent was down 86 cents, or 1.5%, at $55.56 by 1227 GMT, after gaining 0.6% on Thursday. U.S. West Texas Intermediate crude was down 58 cents, or 1.1%, at $52.99 a barrel, having risen more than 1...
Tags: Travel, China, Reuters, Reuters Oil, U S, Rupert Neil Bumfrey


Oil drops as Chinese lockdowns, U.S. unemployment data drains rally | Reuters

Oil drops as Chinese lockdowns, U.S. unemployment data drains rally | Reuters Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world’s biggest crude importer and U.S. plans for a large stimulus package.Brent was down 71 cents, or 1.2%, at $55.71 by 0758 GMT, after gaining 0.6% on Thursday. U.S. West Texas Intermediate crude was 46 cents, or 0.9%, lower at $53.11 a barrel, having risen more t...
Tags: Travel, Reuters, Reuters Oil, U S, Rupert Neil Bumfrey


China Much Closer to Recovering ADR Than Europe and the U.S.

In April 2020, as part of the significant economic damage caused by COVID-19, hotel average daily rate (ADR) in China, Europe, and the United States dropped 40% below pre-pandemic levels. Since that point, rates in all three regions have improved, but hotels in China are much closer to reaching pre-pandemic ADR.
Tags: Travel, Europe, China, United States, U S, China Europe


#Qatar, #SaudiArabia Say They’re Closer to Ending Gulf Rift - Bloomberg

Qatar, Saudi Arabia Say They’re Closer to Ending Gulf Rift - Bloomberg Saudi Arabia and Qatar said on Friday they were making progress toward ending a rift that’s divided the Gulf Arab region for more than three years, nudged by a Trump administration keen to rack up foreign policy gains in its last days.“We are hopeful that things will move in the right direction right now,” Qatari Foreign Minister Mohammed Bin Abdulrahman Al Thani said in a virtual interview as part of the Mediterranean Dialog...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Tehran, Donald Trump, Kuwait, Doha, Gulf, Trump, U S, Gulf Arab, United Arab Emirates Bahrain, Mohammed bin Abdulrahman Al Thani, Qatar Saudi Arabia, Rupert Neil Bumfrey


Iran's rial hits record low as tension spikes with the U.S. | Reuters

Iran's rial hits record low as tension spikes with the U.S. | Reuters:The Iranian rial fell to a record low against the U.S. dollar on the unofficial market on Sunday, a day after the U.S. President Donald Trump’s administration declared all United Nations sanctions on Tehran had been restored.The dollar was offered for as much as 273,000 rials, up from 267,800 rials on Saturday, according to foreign exchange site Bonbast.com, which tracks the unofficial market.Iran has dismissed the U.S. move a...
Tags: Travel, Washington, Germany, Iran, United States, United Nations, Tehran, Donald Trump, Security Council, U S, France Britain, Antonio Guterres, Rupert Neil Bumfrey


#UAE planning first official visit to Israel on Sept. 22: source - Reuters

UAE planning first official visit to Israel on Sept. 22: source - Reuters:The United Arab Emirates is planning to make its first official visit to Israel on Sept. 22 to build up the countries’ agreement to normalize relations, a source familiar with the provisional itinerary said on Monday.Israeli officials declined to comment and UAE officials did not respond to calls seeking comment.The two countries announced on Aug. 13 they would normalize diplomatic relations in a U.S.-brokered deal that wa...
Tags: Travel, Washington, Israel, United Arab Emirates, Abu Dhabi, Uae, Reuters, U S, Rupert Neil Bumfrey


More Chinese phones could lose US apps under Trump’s Clean Network

Over a third of the world’s smartphone sales come from Chinese vendors Huawei, Xiaomi and Oppo. These manufacturers have thrived not only because they offer value-for-money handsets thanks to China’s supply chains, but they also enjoy a relatively open mobile ecosystem, in which consumers in most countries can freely access the likes of Google, Instagram and WhatsApp. That openness is under attack as the great U.S.-China tech divide inches closer to reality, which can cause harm on both sides. T...
Tags: Travel, Apple, Google, Asia, Microsoft, Government, China, US, Tesla, Whatsapp, Beijing, Alibaba, Xiaomi, Tencent, WeChat, Chinese communist party


The Station: ADA turns 30, Panasonic’s new battery tech and delivery (data) woes

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. Before we get into all the mobility news and analysis of the week I wanted to flag an upcoming event that might be of interest to the budding entrepreneurs out there. TC Disrupt, that BIG annual...
Tags: Travel, TC, Transportation, Lyft, Elon Musk, New York, Indonesia, Washington, China, Germany, Berlin, Singapore, New York City, San Francisco, Tesla, Walmart


Oil posts monthly gains as U.S. reports record output cuts in May - Reuters

Oil posts monthly gains as U.S. reports record output cuts in May - Reuters:Oil prices rose on Friday and were on track for monthly gains, benefiting from news that U.S. oil output cuts in May were the largest on record.Brent crude settled up 37 cents, or 0.9%, at $43.31 a barrel.U.S. crude was up 35 cents, or 0.9%, at $40.27 after dropping 3.3% in the previous session, also off lows not seen since July 10.Brent crude posted a fourth month of gains and U.S. crude posted a third as both rise from...
Tags: Travel, Reuters, U S, U S Energy Information Administration, Rupert Neil Bumfrey


Are blacks more prone to criminal behaviour?

Before anything I want to answer the question in the subject line of this blog post.  And the answer is NO!!!  Skin pigmetation has no role in determining behaviour, be it criminal or otherwise,  ZERO .   Why did I choose to make the subject line so inflamatory?   I imagine some saw it and felt their blood pressure go up a notch.  Sadly I think others probably saw it and said "Good, here's someone who shares my point of view".   It's this latter group that I'm hoping will read on.  I w...
Tags: Travel, Oregon, India, Toronto, Barack Obama, Netflix, Canada, United States, Clint Eastwood, Portland, Kkk, Nova Scotia, Portland Oregon, Jason, Vandenberg, Dad


Oil gains as governments pile on the economic stimulus - Reuters

Oil gains as governments pile on the economic stimulus - Reuters:Oil prices rose on Friday as the world’s richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia. Brent crude futures LCOc1 were up $2.12, or 7.4%, at $30.59 a barrel by 1012 GMT.U.S. crude futures for April CLc1 rose $2.23 to $27.45. The front-month contract expires later on Frida...
Tags: Travel, Texas, Saudi Arabia, Russia, Donald Trump, Reuters, U S, Rupert Neil Bumfrey


Travel Trends Index: Int'l Inbound Travel to Plummet 6% Over Next Three Months

The Leading Travel Index (LTI), the predictive component of the U.S. Travel Association's Travel Trends Index (TTI), projects international inbound travel to the U.S. will fall 6.0% over the next three months as the coronavirus outbreak continues to roil the global economy.
Tags: Travel, U S, U S Travel Association, LTI, Int l Inbound Travel


Oil falls 2% on renewed uncertainties over coronavirus outbreak - Reuters

Oil falls 2% on renewed uncertainties over coronavirus outbreak - Reuters:Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian economic data fuelled uncertainty about the economic outlook and as major crude producers showed no rush to cut output.Brent crude LCOc1 was down $1.20, or 2%, at $58.11 a barrel by 1136 GMT, while U.S. crude CLc1 dropped $1.02, or 1.9%, at $52.86 a barrel.Oil prices had edged up on Thursday after a much smaller-than-expected rise in U.S. crude ...
Tags: Travel, Ubs, Reuters, U S, Giovanni, Rupert Neil Bumfrey


Oil rises as markets wait on virus impact; U.S. stocks fall - Reuters

Oil rises as markets wait on virus impact; U.S. stocks fall - Reuters:Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices.Brent crude LCOc1 rose 58 cents, or 1%, to $60.09 a barrel by 0730 GMT. U.S. crude was up 55 cents, or 1%, at $54.03 a barrel.Financial markets that have been hit by the spread of the viru...
Tags: Travel, China, Opec, Reuters, U S, Rupert Neil Bumfrey, ING Research


Gloria brings international soccer scouting into the 21st century

Lionel Messi, who’s still arguably the greatest soccer player in the world, signed his first contract with FC Barcelona when he was thirteen years old. Although he grew up in a small town in central Argentina, he had captured the attention of some of the world’s most famous soccer teams when he was only eleven years old. While Messi’s rags to riches story is the stuff that sports dreams are made of, it’s impossible for the world’s best teams to get a window into all of the world’s best players, ...
Tags: Travel, TC, Facebook, Los Angeles, San Francisco, Smartphone, Soccer, United States, Lionel Messi, Reddit, Argentina, Alexis Ohanian, Messi, Seattle Sounders, Social Network, Boca Juniors


Travel News: October 31, 2019

Trump Administration Deals Another Devastating Blow to Cuban Travel Travel Pulse Effectively putting another nail in the coffin for Cuban travel, the Trump administration has just announced that it will prohibit flights between the United States and cities in Cuba with the exception of Havana. The new order from the administration, the latest in a series of efforts to all but eliminate travel to the island, calls for a 45-day period to wind down flights to non-Havana destinations in Cuba, which...
Tags: Travel, Apple, San Francisco, Chicago, United States, Cuba, Santa Clara, United, Latin America, Havana, United Airlines, Southwest, News And Deals, Trump, U S, Grand Circle Travel


Ending #Qatar Blockade Should Be Priority for Donald Trump - Bloomberg

Ending Qatar Blockade Should Be Priority for Donald Trump - Bloomberg:It’s now nearly two years since a coalition of Arab countries imposed a misguided economic blockade on Qatar. The group — Bahrain, Egypt, Saudi Arabia and the United Arab Emirates — said it was punishing the gas-rich emirate for its ties with Iran and the Muslim Brotherhood, but the embargo is widely perceived as part of a larger competition for preeminence in Arab affairs.Ending it should be a priority for U.S. President Dona...
Tags: Travel, Saudi Arabia, Qatar, Iran, United Arab Emirates, Oman, Donald Trump, Muslim Brotherhood, Kuwait, U S, Rupert Neil Bumfrey, Bahrain Egypt Saudi Arabia, Donald Trump Bloomberg


Travel News: May 29, 2019

All Major US Airlines Commit To UN Climate Plan Outside of Paris Agreement Forbes All major United States airlines and most smaller air carriers have voluntarily committed to a climate-mitigation plan that’s independent of the Paris Agreement, the Federal Aviation Administration reported last week. “It’s a lot,” said Dan Williams, the environmental protection specialist tasked with implementing the program for the FAA. “It’s more than 97 percent of the total for the international fuel use for o...
Tags: Travel, Washington Post, China, US, United States, Asia Pacific, Un, Customs, Faa, Hyatt, News And Deals, Trump, U S, Grand Hyatt, Alila, WTVD


#Saudi Gas Deal Signals Commitment to Oil Cuts, Brookfield Says - Bloomberg

Saudi Gas Deal Signals Commitment to Oil Cuts, Brookfield Says - Bloomberg:Saudi Aramco's deal to buy a stake in a U.S. gas export project is a sign the kingdom may be willing to support crude production cuts for longer as it seeks to reduce economic reliance on oil, according to Brookfield Asset Management Inc. The state-owned company announced that it’s taking a 25% stake in Sempra Energy’s Port Arthur liquefied natural gas terminal in Texas. The investments are consistent with Saudi Arabia’s ...
Tags: Travel, New York, Texas, Saudi Arabia, Saudi Aramco, Sempra Energy, U S, Jorgensen, Port Arthur, Brookfield Asset Management Inc, Rupert Neil Bumfrey, Jeff Jorgensen, Brookfield 's Public Securities Group


Nobody Asked Me, But… No. 213: Hotel History: Sheraton’s Classic Advertising Campaigns | By Stanley Turkel

Hotel History: "Keyed-Up Executives Unwind at Sheraton". In 1965, the Sheraton Corporation of America, under the leadership of President Ernest Henderson, created a brilliant advertising campaign: “Keyed-up Executives Unwind at Sheraton”. It was broadly promoted all over the U.S. in print media, TV advertising and locally by individual Sheraton Hotels. Among my collection of Sheraton artifacts is a translucent plexiglass paperweight which has a small figure of a businessman with a wind-up...
Tags: Travel, Sheraton, U S, Stanley Turkel, Sheraton Corporation of America, Ernest Henderson


Cashing out in Uber's IPO: China, Russia and the Middle East - Reuters

Cashing out in Uber's IPO: China, Russia and the Middle East - Reuters:In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connections to try and navigate the Chinese regulatory environment.Uber ultimately pulled out of China, but the investors it gained in the country became part of a gallery of far-flung Uber financiers that include U.S. geopolitical rivals under intense regulatory scrutiny by the U.S. gove...
Tags: Travel, Europe, Saudi Arabia, China, Russia, Middle East, United Arab Emirates, Reuters, China Russia, U S, Uber Technologies Inc, Rupert Neil Bumfrey, Middle East Reuters, U S government Uber, Qatar Singapore


World’s Worst Airline Plans to Fly Non-stop to the U.S.

Pakistan International Airlines, the worst airline in the world, stopped flying to the US in October 2017 after 55 years of service. Their flight used to operate Lahore, Pakistan - Manchester, UK - New York JFK. They weren't allowed to fly non-stop to the U.S. for security reasons. The US government wasn't comfortable with a plane load of passengers getting screened in Pakistan and flying to the States. Continue reading World’s Worst Airline Plans to Fly Non-stop to the U.S....
Tags: Travel, Advice, US, Pakistan, U S, Pakistan International Airlines, Lahore Pakistan Manchester UK New York JFK


Oil Set for Second Weekly Gain on Trade Optimism and OPEC Curbs - Bloomberg

Oil Set for Second Weekly Gain on Trade Optimism and OPEC Curbs - Bloomberg:Oil headed for a second weekly increase as the U.S. and China worked on resolving their trade impasse, and as output cuts by OPEC and its allies balanced surging American supply.Futures in New York edged higher Friday, taking this week’s increase to 2.7 percent. President Donald Trump will meet with China’s vice premier and top trade negotiator on Friday as the world’s two biggest economies try to resolve their differenc...
Tags: Travel, New York, Saudi Arabia, China, Opec, Donald Trump, U S, Organization of Petroleum Exporting Countries, Rupert Neil Bumfrey, OPEC Curbs Bloomberg


Connecting African software developers with top tech companies nets Andela $100 million

Andela, the company that connects Africa’s top software developers with technology companies from the U.S. and around the world, has raised $100 million in a new round of funding. The new financing from Generation Investment Management (the investment fund co-founded by former Vice President Al Gore) puts the valuation of the company at somewhere between $600 million and $700 million, based on data available from Pitchbook on the company’s valuation following it’s previous $40 million funding. P...
Tags: Travel, TC, Technology, Entertainment, Nigeria, Africa, Uganda, United States, Computing, Kenya, Vice President, Software Engineering, Rwanda, Chan Zuckerberg Initiative, Spark Capital, Al Gore


America's best restaurant chains: Top-rated brands according to TripAdvisor

TripAdvisor names the top U.S. restaurant chains. Eddie V's Prime Seafood, The Capital Grille and Ruth's Chris Steak House are the best reviewed.            [Author: USA TODAY]
Tags: Usa, News, America, Tripadvisor, Usa Today, Eddie, Ruth, U S, Chris Steak House, Capital Grille


Travel News: November 30, 2018

AA deepening ties with China Southern Travel Weekly American Airlines will broaden its partnership with China Southern early next year, when the Guangzhou-based carrier will no longer be part of the SkyTeam alliance. American, which owns 2.9% of China Southern, is a member of the Oneworld alliance. Under the broadened partnership, American and China Southern will begin codesharing on transpacific flights, including four U.S.-China routes operated by China Southern and five U.S.-China routes ope...
Tags: Travel, London, China, US, Rome, Richard Branson, Miami, Branson, News And Deals, OneWorld, Guangzhou, Miami Beach, Carlos, U S, Standard, Miami Dade


Franchise Companies and Brands Dominating the U.S. Construction Pipeline

According to the third quarter report by analysts at Lodging Econometrics (LE), the franchise companies dominating the U.S. construction pipeline with the largest pipelines are Marriott International with 1,380 projects/181,907 rooms, Hilton Worldwide with 1,350 projects/150,698 rooms, and InterContinental Hotels Group (IHG) with 939 projects/95,312 rooms. The construction pipelines for these three franchise companies comprise an impressive 68% of the total construction pipeline projects ...
Tags: Travel, Hilton, Marriott, Ihg, Holiday Inn Express, Hilton Worldwide, Hampton Inn, U S, Marriott International, InterContinental Hotels Group IHG, Residence Inn, Lodging Econometrics LE, Fairfield Inn, U S Construction Pipeline



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