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Oil prices rally further on vaccine optimism despite inventory rise

TOKYO (Reuters) – Oil rose for a fourth straight day on Wednesday, shrugging off an industry report showing a higher-than-unexpected rise in U.S. crude stockpiles and extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand.

FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant

Brent crude was up 54 cents, or 1.1%, at $48.40 a barrel by 0247 GMT, having risen almost 4% in the previous session. West Texas Intermediate crude gained 47 cents, or 1.1%, to $45.38 a barrel, after rising more than 4% on Tuesday.

Both contracts are at their highest since early March and have rallied nearly 10% in the last four days.

“The broader market is in de-risk mode as we now have three effective vaccines that can combat the virus,” said Kevin Solomon,

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‘David Makes Man,’ ‘All Rise’ Showrunner Dee Harris-Lawrence Signs Warner Bros. TV Overall Deal



a close up of a woman wearing glasses and smiling at the camera


© Courtesy of Dee Harris-Lawrence


Click here to read the full article.

Dee Harris-Lawrence has signed a multi-year overall deal with Warner Bros. Television Group.

Harris-Lawrence is currently an executive producer and showrunner on the OWN series “David Makes Man” as well as executive producer and co-showrunner on the CBS legal drama “All Rise,” both of which are produced by Warner Bros.

“I am thrilled to be continuing my relationship with Warner Bros,” Harris-Lawrence said. “They’ve been collaborative and supportive on both ‘David Makes Man’ and ‘All Rise,’ and I am looking forward to the next chapter of creating new content and amplifying visionary storytelling.”

Under terms of the deal, she will continue work on both current shows while also developing, creating and producing new scripted programming for the studio across all platforms.

Harris-Lawrence was named one of Variety’s 10 TV Scribes to Watch in 2019. Prior to her work

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Trump’s refusal to acknowledge defeat mirrors the lie that fueled the Nazi rise

This falsehood — in German, it had the name Dolchstosslegende — did not begin with Adolf Hitler, but he and the Nazis made good use of it when they attacked the leaders of the Weimar Republic as “November criminals” because they signed the armistice with the victorious Allies in the fall of 1918.

The Dolchstosslegende played a significant role in the destruction of the first German democracy. Today, as Trump and, even more perniciously, Republican officials and voices in the conservative media amplify the lie that Trump’s rightful victory was “stolen” from him, we should revisit the roots of the German denial of the country’s defeat at the end of World War I to understand just how dangerous Trump’s actions are in this moment.

A consensus of historians agree that Imperial Germany bore responsibility for escalating a conflict in the Balkans into a Europe-wide war. Rather than the quick victory

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Rise in suicides prompted by pandemic is met with lack of U.S. action

But one question haunts him the most: “What if the pandemic never happened? Would my son still be alive?”

Since the coronavirus arrived, depression and anxiety in America have become rampant. Federal surveys show 40 percent of Americans are now grappling with at least one mental health or drug-related problem. But young adults have been hit harder than any other age group, with 75 percent struggling.

Even more alarming, when the Centers for Disease Control and Prevention recently asked young adults if they had thought about killing themselves in the past 30 days, 1 of 4 said they had.

America’s system for monitoring suicides is so broken and slow that experts won’t know until roughly two years after the pandemic whether suicides have risen nationally. But coroners and medical examiners are already seeing troubling signs.

In Arizona’s Pima County, officials have sent two health bulletins alerting doctors and hospitals to

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Oil prices rise, remain buoyed by vaccine progress

Oil futures rose Monday, with support tied to continued progress on vaccines against COVID-19 even as the disease continues to rage anew in parts of the world.

West Texas Intermediate crude for January delivery
CL.1,
+0.75%

rose 61 cents, or 1.4%, to $43.03 a barrel on the New York Mercantile Exchange. January Brent crude
BRN00,
+1.22%
,
the global benchmark, was up 74 cents, or 1.6%, to $45.70 a barrel on ICE Futures Europe.

“Optimism around vaccine developments continues to buoy sentiment, despite the current lockdowns that we are seeing across Europe, and with the numbers of U.S. COVID-19 cases now passing the 12 million mark,” said Warren Patterson, head of commodities strategy at ING, in a note.

AstraZeneca
AZN,
-2.38%

AZN,
-2.60%

and the University of Oxford said on Monday that their COVID-19 vaccine candidate was found to be as much as 90% effective in preventing infections, based on

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Oil prices rise on back of COVID vaccine news

LONDON (Reuters) – Oil prices rose more than 1% on Monday, extending last week’s gains as traders eyed a recovery in demand due to successful coronavirus vaccine trials.

FILE PHOTO: A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee/File Photo

Sentiment was also bolstered by expectations that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, might extend a deal to restrain output.

Brent crude rose 94 cents to $45.90 a barrel by 0913 GMT while U.S. West Texas Intermediate crude gained 76 cents to $43.18 a barrel. Both benchmarks jumped 5% last week.

The contango structure in the market, where the prices of front-month delivery contracts are lower than those for delivery six months later, narrowed to 32 U.S. cents, its smallest since mid June, indicating that concerns about a glut were receding.

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John Belushi: His Rise From Second City to ‘SNL’ to Stardom

John Belushi’s kinetic energy and skill at physical comedy made him a larger than life performer during his short run as a superstar on “Saturday Night Live” and in movies such as 1978’s “Animal House” and 1980’s “The Blues Brothers.”

But Belushi’s work off-camera as a writer and director, from his earliest days in the Second City improv troupe, was considerable. As the life of the comedian — who died of a drug overdose at age 33 in 1982 — is re-examined in the R.J. Cutler documentary “Belushi,” which premieres Nov. 22 on Showtime, here are highlights of Belushi’s story as chronicled by Variety.

The first reference to John Belushi came in the Nov. 17, 1971, edition of weekly Variety. He was singled out for praise in a generally positive review of the “Cum Granis Salis” show staged by Chicago’s legendary Second City. That famed ensemble would later

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Asian stocks rise ahead of US economic data amid virus fears

Asian stocks have risen as investors look ahead to quarterly U.S. economic data and updates on anti-coronavirus curbs on business amid wrangling over the American presidential election

Market benchmarks in Shanghai, Seoul and Sydney rose while Hong Kong retreated. Japanese markets were closed for a holiday.

Investors looked ahead to U.S. economic growth data due out Wednesday after Wall Street’s benchmark S&P 500 index ended last week down as rising infection numbers collided with hopes for a possible vaccine. Also Wednesday, the U.S. Federal Reserve is due to report on its latest meeting, though no surprises are

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New satellite that tracks ocean level rise lifts off

A SpaceX rocket launched a new American-European satellite that will monitor global sea levels and help our understanding of climate change on Saturday.



a view of a city with smoke coming out of a plane: The Sentinel-6 Michael Freilich satellite, a collaboration between NASA and the European Space Agency, lifted off at 12:17 p.m. ET from Space Launch Complex 4 East at Vandenberg Air Force Base, Calif. Nov. 21, 2020.


© NASA/YouTube.com
The Sentinel-6 Michael Freilich satellite, a collaboration between NASA and the European Space Agency, lifted off at 12:17 p.m. ET from Space Launch Complex 4 East at Vandenberg Air Force Base, Calif. Nov. 21, 2020.

The Sentinel-6 Michael Freilich satellite, a collaboration between NASA and the European Space Agency, lifted off at 12:17 p.m. ET from Space Launch Complex 4 East at California’s Vandenberg Air Force Base. It was carried to the cosmos by a SpaceX Falcon 9 rocket.



An image provided by the Europeon Space Agency shows the Sentinel-6 satellite being placed inside the upper stage of a Falcon 9 rocket, Nov. 3, 2020.


© Stephane Corvaja/Europeon Space Agency via AP
An image provided by the Europeon Space Agency shows the Sentinel-6 satellite being placed inside the upper stage of a Falcon 9 rocket, Nov. 3, 2020.

The launch was broadcast live on NASA’s website.

“What we expect to see,

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Rise of the New Jack Sound’

In the business of music, there’s no name with as much resonance as Motown. Former Uptown Entertainment president Andre Harrell—the man responsible for Jodeci, Mary J. Blige, and Heavy D—is taking over the legendary label and promising to bring the noise. But can he fight through the nostalgia and lead Motown into the 21st century? By Anthony DeCurtis. Photographs by Dana Lixenberg

“You know how Jeffrey Katzenberg became Disney? That’s what I want to do. Like, how you felt Jeffrey had a passion about Disney—his Mickey Mouse watches, Disney sweatshirt, Disney tie. That’s what I’m talking about. I will be at the Motown Cafe. I’ll make Motown ties, watch­es, sweatshirts. I intend to make Motown the black Disney,” Andre Harrell says with a smile. “You might as well start calling me Walt.”

Harrell, 35, is obviously a man with a plan. Good thing, too. He’s stepping into one of the

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