Etsy Cufflinks - Silver Cufflinks & Shirt Cufflinks UK
etsy cufflinks, Glam up your style quotient with our men's shirts. Styling your formal, occasion & casual look, shop the latest range.
NEW YORK (Reuters) - Oil prices were little changed on Tuesday, as energy infrastructure on the U.S. Gulf Coast braced for a hurricane, but gains were capped as a stronger dollar and report of rising stockpiles at the Cushing, Oklahoma hub weighed. U.S. West Texas Intermediate (WTI) crude futures rose 7 cents to settle at $69.87 a barrel after earlier hitting a session high of $71.40. U.S. markets were closed on Monday for Labor Day. Brent crude, which traded on Monday, was ended 2 cents firmer to settle at $78.17 a barrel, down from a session high of $79.72.
Both benchmarks jumped earlier in the session as more oil producers pulled employees out of Tropical Storm Gordon’s path and shut-in 9 percent of U.S, Gulf of Mexico oil and gas production on Tuesday, But the storm, expected to make a nighttime landfall as a category 1 hurricane, shifted eastward, reducing its threat to major production etsy cufflinks areas and most Gulf Coast refineries, Vessel traffic along the U.S, Gulf Coast was also under restrictions ahead of Gordon, The Gulf of Mexico is home to 17 percent of U.S, crude oil production and 5 percent of natural gas output daily, according to the U.S, Energy Information Administration, On land, the Gulf Coast serves as a major U.S, refining hub..
Prices moved lower, however, as market participants saw the market as overbought. “Initial reaction this morning appeared exaggerated as disruption to Gulf of Mexico production infrastructure isn’t likely to extract a major amount of crude from the market,” Jim Ritterbusch, president of Ritterbusch and Associates, said in a note. “The larger impact of the storm is apt to fall on Gulf coast refinery activity that could be affected by power outages.”. Weighing on oil prices, Cushing, Oklahoma, crude inventories rose nearly 754,000 barrels from Aug. 24 to Friday, traders said, citing a report from market intelligence firm Genscape.
A rising U.S, dollar index also pushed crude futures lower, A stronger dollar makes greenback-denominated oil more expensive for holders of other currencies, Global oil markets have tightened over the last month, pushing up Brent prices by more than 10 percent since the middle of August, Investors anticipate less supply from Iran as U.S, sanctions on Tehran begin to bite, Harry Tchilinguirian, oil strategist at BNP Paribas, warned of “supply issues” into 2019, “Crude oil export losses from Iran due to U.S, sanctions, production decline in Venezuela and episodic outages in Libya are unlikely etsy cufflinks to be offset entirely by corresponding rises in OPEC+ production,” Tchilinguirian said..
BERLIN (Reuters) - A U.S. arbitration court has rejected a German government petition that said the panel had no right to rule on a damages claim by Sweden’s Vattenfall [VATN.UL] over a decision to pull out of nuclear power, a newspaper reported. The Frankfurter Allgemeine Zeitung said the decision by the International Centre for Settlement of Investment Disputes (ICSID) could open the way for Vattenfall to receive billions of euros in compensation. Vattenfall said the court’s decision confirmed its position in the dispute. The German Economy Ministry said it was aware of the court’s decision and would examine it.
The company is seeking 4.7 billion euros ($5.4 billion) in damages over a decision by Chancellor Angela Merkel’s government to phase out nuclear power following the 2011 disaster at Japan’s Fukushima plant, Utilities E.ON (EONGn.DE), RWE (RWEG.DE) and Vattenfall sued etsy cufflinks the German government, saying the decision to close all nuclear plants by 2022 amounted to expropriation, Germany’s highest court ruled in 2016 that utility companies were allowed to seek limited damages from the government over the hastening of nuclear plant shutdowns..
Vattenfall first turned to the ICSID in 2012 by filing a complaint against the German state. Germany sought in a letter to the arbitration panel in April to have the case thrown out. Berlin cited a ruling by the Court of Justice of the European Union (ECJ) on a similar case where arbitration from a court outside the European Union in relation to a case between a company and a member state was found to be invalid. The ECJ found that an award of damages in 2012 to Dutch insurer Achmea from Slovakia under a bilateral investment treaty inherited from former Czechoslovakia breached EU law.
AMSTERDAM/FRANKFURT (Reuters) - When Dutch prosecutors trawled through ING’s books they found a “women’s underwear trader” had been able to launder 150 million euros through the bank’s accounts without ringing alarm bells, “It should have been clear to the bank that the monetary flows had little to do with the lingerie trade,” the prosecutors said on Tuesday after imposing a 775 million euro ($897 million) penalty on the Dutch bank for its failings, In fact, ING (INGA.AS) was warned as early as a decade ago that its money laundering controls were lax, the Dutch prosecutor said, in the latest case highlighting failures etsy cufflinks in European Union money laundering controls from Latvia to Denmark..