After trading tightly range-bound between $58/barrel and $61/barrel since mid-April, crude oil finally broke down yesterday, after an EIA Petroleum report showed that crude oil inventories increased more than expected. The commodity slid 4.2% - its largest single-day loss since April 8 - to a 9-week low closing price of $56.92/barrel. The commodity is down 6.6% since recording a peak of $61/barrel one week ago on Tuesday. Further weighing on prices were unclear reports of a draft of an Iranian nuclear deal that would relax sanctions and permit a resumption of exports, as well as continued fears over Greece's exit from the eurozone. This article will discuss yesterday's EIA inventory report and use this data to support my argument that crude oil supply and demand remain just as unbalanced presently as when oil was trading at $45 per share, justifying my continued bearish position on the commodity.
Established in 1883, the Minneapolis Institute of Art, now Mia, houses a vast and diverse collection of over 89,000 artworks from six continents spanning 20,000 years. Last August, the museum introduced a new name – and has since rolled out a new identity – designed by New York City-based Pentagram partner Emily Oberman.
The name has been translated into an sturdy and friendly logo that gives the soft word a strong look. The design uses a mix of upper and lowercase letterforms to make clear that the name should be pronounced as a word, “Mia” (Mee-ah) rather than as the potentially confusing initials “M-I-A.” The change is said to fundamentally change the attitude of and toward the institution. Oberman and her team worked closely with the museum leadership on the branding, including Director and President Kaywin Feldman, Chief Engagement Officer Kristin Prestegaard and Head of Design and Editorial Peggy Martin. Pentagram’s Michael Bierut also consulted on the strategy.
read more/source: http://gdusa.com/news/emily-oberman-makes-mia-more-approachable