The team comprises 18 non-commissioned officers at the state level
New York’s main contract, West Texas Intermediate (WTI) for delivery in October, was down 28 cents at $104.83 and Brent North Sea crude for October slipped 44 cents to $109.71.
The weekly report on US commercial energy stockpiles by the US Energy Information Administration is due later Wednesday and will provide an indication about the state of the world’s number one economy.
The group last week said crude stockpiles shrank to 360.5 million barrels in the week to August 9, the lowest since January.
“WTI prices are looking to the US energy numbers, guidance from the Federal Open Market Committee minutes, as well as news from Jackson Hole in the coming weeks,” David Lennox, resource analyst at Fat Prophets in Sydney, told AFP.
Central bankers from around the world are set to gather for their annual get-together in Jackson Hole, Wyoming, this week.
Factors driving the fall in Brent were less clear, especially given recent indications of tightness in the market as well as the lack of fresh economic data. “While news out of Europe has been optimistic, this might not have had an impact on demand yet,” said Lennox.
Data last week showed that the eurozone exited its record 18-month recession in the second quarter with 0.3-percent growth.
Eyes are also on Washington, where minutes from the Fed’s July policy meeting will be pored over for clues about the future of its vast stimulus programme, which has acted as a support for the economy.
The team comprises 18 non-commissioned officers at the state level
Ahmed Al Hashemi will perform at the upcoming Dubai Metro Music Festival starting on Saturday
The closure will be due to maintenance works
Sri Lanka struggled to contain the flow of runs in sunny conditions after lunch as Latham cruised to his 29th Test half-century
The inspiring initiative brings together SeaWorld Abu Dhabi, Aldar Education and Louvre Abu Dhabi to enhance children’s marine life knowledge
From well-worn trekking paths to unsullied beaches, and sweet-smelling mango orchards, there’s plenty to discover here
Ashwin's unbeaten 102 off 112 balls, his sixth Test hundred, included 10 fours and two sixes
Renowned conductor Nicolas Mann is on a mission to elevate the classical music experience in the region