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The Latest Breaking News from Angola

Weakness in Crude Oil Persists on Oversupply Concerns

January WTI crude oil (CLF24 ) on Thursday closed down -0.04 (-0.06%), and Jan RBOB gasoline (RBF24 ) closed down -0.0190 (-1.43%). Crude oil and gasoline prices on Thursday extended Wednesday's sharp losses, with crude oil falling to a 5-1/4 month low and gasoline falling to a 1-year low. Concern...

Barchart

Dollar Weakness Sparks Mild Short-Covering in Crude Oil

January WTI crude oil (CLF24 ) this morning is up +0.05 (+0.07%), and Jan RBOB gasoline (RBF24 ) is down -0.0193 (-0.95%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 1-year low. A weaker dollar today has sparked some mild short-covering in crude oil....

Barchart

Crude Prices Sink on Global Oversupply Worries

January WTI crude oil (CLF24 ) on Wednesday closed down -2.94 (-4.07%), and Jan RBOB gasoline (RBF24 ) closed down -0.0801 (-3.80%). Crude oil and gasoline prices on Wednesday sold off sharply, with crude falling to a 5-month low and gasoline tumbling to a 1-year low. Concern about excess global...

Barchart

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Crude Prices Plunge on Concern About Excess Global Oil Supplies

January WTI crude oil (CLF24 ) this morning is down -2.79 (-3.86%), and Jan RBOB gasoline (RBF24 ) is down -0.0780 (-3.70%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 5-month low and gasoline tumbling to a 1-year low. Concern about excess global...

Barchart

Crude Prices Erase Early Gains on Ramped-Up U.S. Crude Exports

January WTI crude oil (CLF24 ) on Tuesday closed down -0.72 (-0.99%), and Jan RBOB gasoline (RBF24 ) closed down -0.0239 (-1.12%). Crude oil and gasoline prices Tuesday gave up early gains and moved lower, with crude falling to a 3-week low. Ramped-up U.S. crude exports are weighing on oil...

Barchart

Crude Prices Climb After Russia Said OPEC+ Crude Cuts Can Go Further

January WTI crude oil (CLF24 ) this morning is up +0.73 (+1.00%), and Jan RBOB gasoline (RBF24 ) is up +0.0012 (+0.06%). Crude oil and gasoline prices this morning are moderately higher, with crude recovering from a 3-week low. Crude prices rebounded from early losses and moved higher after Russian...

Barchart

Crude Prices Close Lower on Doubts About OPEC+ Crude Production Cuts

January WTI crude oil (CLF24 ) on Monday closed down -1.03 (-1.39%), and Jan RBOB gasoline (RBF24 ) closed up +0.0210 (+0.99%). Crude oil and gasoline prices on Monday settled mixed, with crude falling to a 2-week low. Monday's rally in the dollar index to a 1-week high was bearish...

Barchart

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Crude Prices Under Pressure on Doubts About OPEC+ Crude Production Cuts

January WTI crude oil (CLF24) this morning is down -0.57 (-0.77%), and Jan RBOB gasoline (RBF24) is up +0.0142 (+0.67%). Crude oil and gasoline prices this morning are mixed, with crude falling to a 2-week low. Today's rally in the dollar index to a 1-week high is bearish for energy...

Barchart

Crude Prices Slump on Skepticism About OPEC+ Crude Production Cuts

January WTI crude oil (CLF24 ) on Friday closed down -1.57 (-2.07%), and Jan RBOB gasoline (RBF24 ) closed down -0.0547 (-2.51%). Crude oil and gasoline prices Friday gave up an early advance and sold off, with crude falling to a 1-week low. Crude prices were under pressure on negative...

Barchart

Crude Moderately Higher on Dollar Weakness and Lower OPEC Crude Production

January WTI crude oil (CLF24 ) this morning is up +0.50 (+0.66%), and Jan RBOB gasoline (RBF24 ) is up +0.0172 (+0.79%). Crude oil and gasoline prices this morning are moderately higher. Weakness in the dollar is underpinning energy prices. Crude also found support today after a gauge of Chinese...

Barchart

Biden Meets Angolan Leader As US Aims To Counter China In Africa

President Joe Biden and his Angolan counterpart Joao Lourenco met at the White House on Thursday to discuss infrastructure and regional security, as the United States seeks to counter China's growing influence in Africa.

International Business Times

Crude Prices Fall on Market Doubts About OPEC+ Crude Production Cuts

January WTI crude oil (CLF24 ) on Thursday closed down -1.90 (-2.44%), and Jan RBOB gasoline (RBF24 ) closed down -0.0715 (-3.18%). Crude oil and gasoline prices on Thursday gave up early gains and sold off sharply after OPEC+ said it would cut its crude production level by -1.0 million...

Barchart

Will OPEC+ Deepen its Crude Oil Production Cuts?

OPEC+ members are meeting virtually today to discuss crude production levels. Several delegates have said the group is discussing additional output cuts of about 1 million bpd. The monthly meeting of OPEC+ was pushed back to today from last Sunday as a rift developed among OPEC+ members regarding crude production...

Barchart

Kim Jong-un closes slate of North Korea’s embassies as sanctions bite

Regime can no longer afford all its diplomatic missions, including some to longtime allies such as Angola where it has maintained ties since 1975

The Guardian - AU

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The Independent UK

Bridging an ocean, Angolan king visits Brazilian community descended from slaves

Residents in a Brazilian community descended from runaway slaves ini Rio de Janeiro have welcomed the visiting monarch of the Bailundo kingdom in Angola, where many of the residents trace their ancestry

Al Jazeera

‘Between risk and despair’: Cyclical drought hurts pregnant women in Angola

Angola is struggling with its worst climate crisis in 40 years as it severely affects the lives of its pregnant women.

WEKU

North Korea says it is closing some diplomatic missions around the world

Experts point to economic difficulties from prolonged international sanctions, but the closures may signal a possible change in North Korea's foreign policy that is more focused on Moscow and Beijing.

The Guardian - UK

First Thing: Israeli air force says it has struck 600 targets in a day

Military strikes include area near Al-Azhar University in Gaza City. Plus, Matthew Perry’s troubled life and foreshadowed death

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The Guardian - US

‘Bloodiest prison in the US’: children detained in Louisiana’s Angola prison allege abuses

Juvenile prisoners were routinely punished by fellow inmates at the ‘Alcatraz of the south’, according to a new lawsuit

The Conversation

Namibia and Angola’s remote Ovahimba mountains reveal a haven for unique plants – new survey

The Kaokoveld region, covering north-western Namibia and south-western Angola, is one of the remotest areas in southern Africa. Although it’s extremely dry, it is a centre of species endemism: many species occur only there and nowhere else on earth.

Radio France Internationale

How Angola is using space technology to meet development goals

The Angolan space agency, which was established in 2013, is using space technology to map United Nations' sutainable development goals across the country.

The Independent UK

At the edge of the UN security perimeter, those with causes (and signs) try to be heard

The U.N. General Assembly, the most inherently international event, is also the most American

The Independent UK

Louisiana prisoner suit claims they’re forced to endure dangerous conditions at Angola prison farm

Prisoners at the Louisiana State Penitentiary have filed a class-action lawsuit over conditions at the prison's farm

The Independent UK

Louisiana moves juveniles from adult penitentiary but continues to fight court order to do so

Louisiana officials say they have moved juvenile detainees from a former death row building at the state's sprawling adult penitentiary

The Guardian - UK

DJ Znobia: Inventor Vol 1 review – raw minimalist kuduro to shake the dancefloor

The Angolan producer arrived at his own version of the dance style kuduro after adding layered synths to folk rhythms, and these tracks show his lo-fi ingenuity

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