Abu Dhabi / Emirates Business The first race of the 2017 Red Bull Air Race calendar in February will be a celebration of milestones for the official World Championship: the tenth season of competition, the tenth consecutive opener in Abu Dhabi and the diamond 75th race for the coveted title. As a first-time world champion from Germany begins the ...

  Bloomberg Oil prices boosted by global output reductions will be capped because of new supply before long, according to Goldman Sachs Group Inc. The cuts by OPEC members and nations outside the group, as well as strong demand growth, will probably help curb inventories by next summer, analysts including Damien Courvalin said. While the bank raised its oil-price forecasts ...

  Bloomberg For OPEC, there are few enemies more fearsome than the tiny Oklahoma town of Cushing. With oil inventories at Cushing creeping near an all-time high, US benchmark futures prices are struggling to advance despite the promised production cuts agreed to by OPEC, Russia and other producers. And the storage tanks are likely to stay full as refiners park ...