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Graphic: OPEC* crude production in November – Reuters Survey – tmsnrt.rs/2RqgctQ. Oil prices LCOc1 have fallen by almost a third since October to around $62 per barrel after Saudi Arabia raised production to make up for the drop in Iranian exports. Washington also gave sanctions waivers to some buyers of Iranian crude, further raising fears of an oil glut next year are cufflinks in style 2017 uk online. “Hopefully OPEC will be keeping oil flows as is, not restricted. The world does not want to see, or need, higher oil prices!” Trump wrote in a tweet on Wednesday..

Possibly complicating any OPEC decision is the crisis around the killing of journalist Jamal Khashoggi at the Saudi consulate in Istanbul in October. Trump has backed Saudi Crown Prince Mohammed bin Salman despite calls from many U.S are cufflinks in style 2017 uk online. politicians to impose stiff sanctions on Riyadh. “How can the Saudis cut substantially if Trump doesn’t want a big cut?” said Gary Ross, chief executive of U.S.-based Black Gold Investors and a veteran OPEC watcher. “Trump is worried about the Fed and inflation. So he wants low prices now. Also if Saudis are obnoxious with a deep output cut, it will spur the Democrats in Congress to go more actively for the Nopec legislation and the withdrawal of U.S. support for the Saudi-backed forces in the war in Yemen,” Ross said..

The Nopec legislation being discussed by U.S. lawmakers could make it possible to sue Saudi Arabia and other OPEC members for price fixing. Bob McNally, president of U.S.-based Rapidan Energy Group, said OPEC was stuck between a rock and a hard place given pressure from Trump on one hand and the need for higher revenues on the other. “We think OPEC will try to come up with a fuzzy production cut are cufflinks in style 2017 uk online. It won’t be called a cut but will effectively mean a cut, which will also be difficult to quantify,” McNally said..

(Reuters) – Uber Technologies Inc’s UBER.UL is plotting the return of its self-driving cars, but the company known for its hard-charging style is taking a much more conservative approach as it tries to recover from a fatal accident that upended its autonomous vehicle program. After it receives approval from the state of Pennsylvania, Uber plans to begin driving “a handful” of cars on a mile loop between two company offices in Pittsburgh, where Uber first debuted its autonomous vehicles in 2016, company spokeswoman Sarah Abboud said. That would mark Uber’s first self-driving car tests on public streets since it halted its operations nearly nine months ago in the wake of a crash in Arizona that killed a pedestrian are cufflinks in style 2017 uk online.

The diminutive launch is a dramatic downsize from Uber’s previous operation. The company in the past unleashed its fleet in autonomous mode on public roads at high speeds, after dark, in areas crowded with pedestrians and with a single backup driver in the front seat. This time, the cars will not operate at night or in wet weather, and will not exceed speeds of 25 miles per hour, Abboud said. Two employees will sit in the front seats, and the company has no plans to resume picking up passengers in the robot cars, a service Uber launched in 2016 are cufflinks in style 2017 uk online.