Russian, Gulf Arab Oil Ministers Meet as OPEC Cut Looms

Russias energy minister met with counterparts from Saudi Arabia and other Arab Gulf oil-producers to discuss steps to stabilize petroleum marketplaces amid OPECs drive to win cooperation from the biggest supplier outside different groups in limiting output to prop up prices.

Ministers from Saudi Arabia, Kuwait, Bahrain, Qatar and the United Arab Emirates gathered in Riyadh for oil talks at the offices of the Gulf Cooperation Council secretariat. Russian Energy Minister Alexander Novak met with them later on Sunday for a separate round of talks and was expected to speak afterward at a press conference. Oman was the only one of the GCCs six members not attending.

Oil marketplaces are on the way to being re-balanced, Saudi Arabias Energy and Industry Minister Khalid Al-Falih said in the early stages of the GCC meeting. Low oil prices are putting pressure on GCC countries growth schemes. Russia was invited to attend the Gulf ministers talks, he said. We are working with Russia and other oil producers to stabilize the market.

Novak is set to meet representatives of the Organization of Petroleum Exporting Countries on Monday in Vienna for talks that could include production cuts, and officials from Russia and Saudi Arabia will hold bilateral discussions later this month. While Russian President Vladimir Putin has pledged to cooperate with OPEC, hes been vague about whether the country will trim output or merely freeze production at Septembers post-Soviet record.

Policy Shift

OPEC is seeking to attract other producers to join the plan it agreed to last month at a meeting in Algeria to put into impact different groups first output cuts in eight years. Crude plunged to a 12 -year low in January, squeezing the budgets of producers from Venezuela to Saudi Arabia. The cost slide resulted OPEC to abandon its two-year-old Saudi-led policy of allowing members to pump as much as they could in an effort to protect market share.

We hope that they can reach an overall agreement on which Russia and other non-OPEC producers will join and cooperate with OPEC members, Iranian Oil Minister Bijan Namdar Zanganeh told reporters on Sunday in Tehran.

Iraq asked OPEC for an exemption from participation in any cuts, Oil Minister Jabber Al-Luaibi said Sunday at a press conference in Baghdad. He cited Iraqs war against Islamic activists as the reason the country should be grouped with Iran and Nigeria as members not required to contribute to the collective cuts OPEC agreed on last month in Algeria.

Record Output

Russia is producing about 10.9 million barrels a day on average this year, according to Energy Ministry data. Officers have emphasized the nations ability to keep pumping; the most recent draft of Russias energy strategy sees a potential increased number of annual production from 534.1 million metric tons last year to 555 million tons, or 11.1 million barrels a day, by 2020.

OPECs 14 members pumped a record 33.75 million barrels a day in September, with the Saudis accounting for 10.58 million barrels, according to data compiled by Bloomberg. Output in Saudi Arabia, the groups biggest producer, fell short of the 10.66 million-barrel-a-day record in July, the data compiled by Bloomberg show.

Brent crude, the global benchmark, has gained nearly 40 percentage this year, trading at about $52 a barrel last week. OPEC is trying to determine which members will reduce their output and by how much, with details to be made final at the groups Nov. 30 meeting.

Read more: www.bloomberg.com

Ex-Sheriff David Clarke to join pro-Trump super PAC

Former Milwaukee Sheriff David Clarke Jr. announced Tuesday he will join the super PAC devoted to electing candidates who support the Trump-Pence administration.

Both the super PAC, America First Action, and a spokesperson for Clarke announced that he would join the team as a senior advisor and spokesman.

“It’s truly an honor to join the America First Action team, most importantly because we share the same values that most hard-working, law-abiding Americans do,” Clarke, who resigned last week from his post as sheriff, said in a statement Tuesday. “It gives me the chance to do what I love most—promote President Trump’s agenda, including his fierce support for the American law enforcement officer, and ensure the will of the American people who got President Trump elected is not derailed by the left or the self-serving Washington establishment.”

In June, Clarke announced that he had rescinded his acceptance of a post in the Office of Public Engagement for the Department of Homeland Security. However, the office had never confirmed that it offered him the job, in which he would have served as a liaison between DHS and state and local law enforcement.

Since his resignation last week, Clarke, who has been a loyal Trump supporter, had been rumored to take a post within the administration.

On Friday, DHS pointed Fox News to its announcement in June that “Sheriff Clarke is no longer being considered for a position within DHS.”

“His status with DHS has not changed,” a DHS official told Fox News. Also Friday, the White House told Fox News that it had “no announcement” in regards to a potential administration post for Clarke.

“David Clarke is an American patriot, and we are very proud to welcome him to America First,” Brian O. Walsh, president of the PAC, said Tuesday. “Having spent a lifetime in law enforcement –protecting and serving his community and fighting for justice and the Second Amendment –Sheriff Clarke doesn’t just believe in making America safe again; he’s devoted his life to it.”

Clarke had built a following among conservatives with his social media presence during the 2016 presidential campaign. He spoke at the Republican National Convention last July.

Clarke recently published a memoir, titled, “Cop Under Fire,” which President Trump promoted on Twitter last week. 

Brooke Singman is a Politics Reporter for Fox News. Follow her on Twitter at @brookefoxnews.

Read more: http://www.foxnews.com/politics/2017/09/05/ex-sheriff-david-clarke-to-join-pro-trump-super-pac.html

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While Miami waits for MLS to arrive, city’s newest team make its move

Crowd of 10,156 shows up for first ever home match of NASL team managed by Alessandro Nesta and co-owned by Paolo Maldini, who are looking for a slice of the burgeoning soccer market

Soccer ultimately broke out in Miami last night.

David Beckham was nowhere to be seen, and none of his well-heeled player friends were present either. Instead it was AC Milan and Italian legend Alessandro Nesta taking center stage at Ocean Bank Field in the sprawling, impressive campus of Floridas International University.

While the protracted wait for the presence of an MLS team here in South Florida stretches on and on, the NASL, ever the chancers when it comes to identifying potential hotbed football marketplaces, have stimulated their move. This was their first ever home match with the Tampa Bay Rowdies coming to join the party.

Miami FC is Floridian by name yet fuelled by Italian machismo. Nesta prowled the dugout, but co-owner Paolo Maldini was not in attendanceafter the death of his father, Cesare.

A minutes silence was well observed for the former Italy coach, but that was as somber as it got.

It certainly wasnt an evening for the purists, but there was enough fun and cavorts to keep the patrons happy.

A half-baked Forza Miami flag was present behind one the goals. Romas Curva Sud it was not but no matter.

The money of TV rights tycoon Riccardo Silva, another Italian export who met Maldini and Nesta while working for AC Milans TV channel over 15 years ago, powers the franchise. Yet in such a culturally rich city as Miami, the target audience spans the Americas and beyond. Thats millions of fanatics right there, right now.

The Colombian pop superstar Maluma was wheeled out before the match and at half-time, much to the pleasure of large groups of 14 -year-old girls.

He asked a healthy crowd of 10, 156 where they were from. Mexico, Columbia, Venezuela, Ecuador and Argentina all get healthy thunders. And lots of squeals.

That, however, is what Silva wants. There were excited children everywhere. They are the future for a franchise just starting out on the arduous journey of attempting to become established in a sporting market which remains heavily saturated.

The 50 year-old baseball or NFL fan wont be magically transported to a new sporting world of awe the moment they take in a Miami FC match. Theres enough on their plate with the Marlins and the Dolphins.

Young fans who are desperate to ensure some live action rather than pretending to be Lionel Messi on their PlayStations, however, is necessarily come again.

The NASL is a kind of subculture, said Lowell Knaus, proudly wearing an Arsenal shirt along with his son, who travelled the 25 miles from Fort Lauderdale to check out the latest addition to the Florida footballing family.

The fans love the game and its great for the region that a squad in Miami are starting up.

So what of the match itself? Certainly the plastic playing surface did no-one any favors. Its not conducive to flowing, attractive football, although when youre sharing with a college football squad, thats one adversity which must be stomached.

It is a difficult surface, said former Stoke and Tottenham midfielder Wilson Palacios, Miamis star turn. Maybe they will change it in a few months.

Nestas side, for the most part, appeared the more capable last night. What looked like the winning strike came in the first half from striker Dario Cvitanich, and once Honduran Palacios entered the fray soon after the opener, the home team were in control.

For the second successive weekend however, a late equalizer dented Nestas evening, substitute Georgi Hristovs late penalty ensured the small but loud band of Rowdy fans went home happy.

I merely wishes to win, the legendary former AC Milan and Lazio defender told the Guardian when asked how life in the dugout compares to a career which insured him rack up over 490 appearances for club and country.

The atmosphere and mob were very pleasing, though. I hope we depicted enough to construct them come back. I am still disillusioned with the result. We should have won.

One is looking forward to Beckhams MLS inception, when it was might be, to be glitzy in the extreme.

Swap Maluma for Elton John or Jay-Z. Add in Cristiano Ronaldo or Wayne Rooney for Palacios. A new sparkling stadium, dripping with corporate consequences will look better than a university arena still sporting college football markings.

Yet Nesta and co are playing and build a future right now. Its raw in the extreme, slapdash at times. But it was a fun night out for the uninitiated and for those who already have the game in their hearts.

Their dream has started. How Beckham longs to be in that posture right now.

Read more: www.theguardian.com

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