Oil prices edged down on Wednesday having climbed about 3 percent in the previous session, with worries about the global economy and forecasts of swelling U.S. production hurting sentiment. U.S. crude output is expected to rise to a new record of more than 12 million barrels per day this year, the Energy Information Administration said on Tuesday, adding that the U.S.will become a net crude exporter in late 2020. The forecast could undermine oil markets which have been receiving support from supply cuts by the Organization of thePetroleum Exporting Countries, including top exporter Saudi Arabia, and major non-OPEC producer Russia. Click read more below for additional detail.
National Average Price for Regular Unleaded
*Month Ago: $1.993
*Year Ago: $2.151
– – National Average Price for Diesel
*Month Ago: $2.240
*Year Ago: $2.802
Oil retreated below $47 in New York after OPEC officials failed Monday to work out a compromise on a deal to cut production and boost crude prices. Futures lost as much as 2.3 percent. West Texas Intermediate for January delivery lost as much as $1.06 to $46.02 a barrel on New York Mercantile Exchange and was at $46.09 at 12:15 p.m. in London. Prices Monday rose $1.02 to $47.08 a barrel. Brent for January settlement, which expires Wednesday, lost as much as $1.07, or 2.2 percent, to $47.17 a barrel on the London-based ICE Futures Europe exchange. The contract advanced 2.1 percent to $48.24 a barrel Monday. The global benchmark traded at a $1.23 premium to WTI for the same month. The more-active February futures were down 64 cents at $48.57 a barrel. click Read More below for additional detail
At a time when official movie poster reveals are arguably as exciting as opening weekends, it’s no wonder so many creatives are carving out time to create their own alternative movie posters—whether for a client, for self-promotion or just for fun. Similarly, it’s no wonder we can’t help but drool over all the beautiful illustrated and painterly work we’ve seen lately. That’s why we’ve rounded up 20 of our favorite unofficial posters below. You may not have seen these illustrated posters in the wild during the respective film’s marketing campaign days, but they’re just as fun to look at now.