National Average Price for Regular – Current: $2.852; Month Ago: $2.857; Year Ago: $2.649. National Average Price for Diesel – Current: $3.182; Month Ago: $3.150; Year Ago: $2.717.
Futures added 1.5 percent in New York. China’s crude imports last month jumped to the second-highest on record, customs data show, while U.S. government data on Thursday showed crude inventories fell by 2.75 million barrels last week. OPEC is said to expect a global oil glut will be gone a year from now. President Donald Trump is expected on Friday to disavow a deal with Iran that helped revive its oil exports, while stopping short of abandoning it. Oil has rebounded from the biggest weekly loss since May on signs that output cuts led by the Organization of Petroleum Exporting Countries are draining a surplus. OPEC expects the effort to succeed by the end of the third quarter of next year, said people familiar with the group’s internal forecasts. The prediction assumes that production in Libya and Nigeria will remain at current levels and U.S. shale output will expand by no more than 500,000 barrels a day next year, two people familiar with the matter said. Click Read More below for additional information.
You'll see the sentiment expressed in many of our AI Week articles, in other content at DMN, and even in AI-forward books like What To Do When Machines Do Everything. The human touch will still be needed. For marketing; for business in general. And that's correct. There's no doing without humans, not just for the immediate future, but possibly not at all. It's easy to agree with that, but in fact there's a very specific reason machines can't do what humans can do, and it's worth exploring what it is.