Bicycle Cufflinks - Sales

Bicycle wheel cufflinks in a silver finish. An excellent subtle design for any cyclist. Swivel back design. Approximately 3/4" diameter, Brushed nickel finish, Bullet back closure,

NEW YORK (Reuters) - Oil futures rose on Wednesday, with Brent reaching $80 a barrel, after a larger-than-expected drop in U.S. crude inventories and as U.S. sanctions on Iran added to concerns over global oil supply. Benchmark Brent crude LCOc1 futures rose 68 cents to settle at $79.74 a barrel. The global benchmark earlier reached $80.13 a barrel, its highest level since May 22. U.S. West Texas Intermediate (WTI) crude CLc1 futures rose $1.12 to settle at $70.37 a barrel, a one-week high. U.S. crude inventories USOILC=ECI fell by 5.3 million barrels in the last week, the U.S. Energy Information Administration said on Wednesday. Analysts had expected a decrease of 805,000 barrels.

“Today’s crude stock draw of 5.3 million barrels fell far short of the (American Petroleum Institute’s) decline but was significantly larger than the normal draw of around 1 million barrels for this particular week,” Jim Ritterbusch, president of Ritterbusch and Associates, said in a note, Also supporting prices were supply concerns surrounding U.S, sanctions on Iran, Since the spring, when the bicycle cufflinks Trump Administration said it would impose the sanctions, traders have been focusing on the potential impact on global supply, The sanctions will target Iran’s oil exports from November..

“Iran is increasingly becoming the preoccupation of the crude market. The last couple of weeks have seen the expected squeeze on Iranian crude flows taking shape, with overall outflows down markedly,” consultancy JBC Energy said. (Graphic: Iran oil exports to Asia: tmsnrt.rs/2CEzade). Russian Energy Minister Alexander Novak on Wednesday warned of the impact of the U.S. sanctions against Iran. “This is a huge uncertainty on the market – how countries, which buy almost 2 million barrels per day (bpd) of Iranian oil, will act. The situation should be closely watched, the right decisions should be taken,” he said.

Novak said global oil markets were “fragile” due to geopolitical risks and supply disruptions, but added his country could raise output if needed, The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth in 2019 in its monthly report and said rising challenges in some emerging and developing countries could bicycle cufflinks negatively impact global economic growth, [OPEC/M], OPEC said it expected demand growth of 1.41 million bpd in 2019, a 20,000-bpd downgrade from its previous forecast..

BERLIN (Reuters) - Sweden’s Volvo, the world’s second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in ecommerce and a shortage of freight drivers. Volvo said the truck, which does not have a driver’s cab, was still under development and declined to say when it would be available commercially. It expects the vehicle to be deployed first in places like ports and large logistics centers. “We believe there will be a driver behind the steering wheel for the foreseeable future, but we will pretty soon see self-drive commercial vehicles in confined areas,” Lars Stenqvist, Volvo chief technology officer, told a conference in Berlin.

Trucking is viewed by transport experts as a natural application for self-driving technology because of the relative predictability of highways compared with busy city streets, The cabless truck - which Volvo calls Vera and can pull loads weighing up to 32 tonnes - can be attached to any standard trailer, Michael Karlsson, head of autonomous solutions at Volvo Trucks, said bicycle cufflinks after the vehicle was unveiled, “Vera means faith and we have faith in the future,” Karlsson said, adding the vehicle has a lower operating speed than a normal truck for safety reasons..

Guests at the presentation were made to stand behind a barrier as the truck drove out unaided from a tent and were only allowed to approach when it came to a stop. The 1.4-million member International Brotherhood of Teamsters union is campaigning against new U.S. rules to speed the deployment of self-driving trucks, warning they could mean the loss of hundreds of thousands of jobs and hit road safety. However, trucking firms in many countries are finding it harder to attract and retain drivers amid tight labor markets.

Karlsson said the truck would allow places like ports that are currently dependent on daytime working hours to run round-the-clock, optimizing the flows of goods and potentially cutting down on stockpiles and increasing bicycle cufflinks productivity, He expects autonomous technology to increase the need for skilled drivers, while cutting down on the need for people to perform repetitive tasks, New technologies which have been disrupting the traditional auto industry are also affecting the truck and heavy equipment industry, as electric carmaker Tesla Inc is expanding into electric trucks, announcing last year it planned to start producing a heavy-duty model by 2019..

Recent Posts