All posts tagged: spread

Diesel Crack Spread Explodes To Record As Russia Weighs Longer Export Ban, US Eyes Its Own

Diesel Crack Spread Explodes To Record As Russia Weighs Longer Export Ban, US Eyes Its Own

Diesel futures and refining spreads climbed to record highs as worsening supply disruptions in the Gulf and Russia tightened availability of the industrial fuel that powers the global economy. Potential export restrictions, or at least extending risk, are compounding the squeeze: Moscow is reportedly considering extending its diesel export ban, while Senate Majority Leader John Thune told reporters Tuesday he was “open to exploring” a US diesel export ban. Nymex heating oil futures, the US benchmark for diesel, jumped 6.1% Tuesday to their highest settlement in records dating to 1986. European gasoil futures climbed 6.2% to a record in data going back to 1989.  The squeeze was even more severe in refining spreads. The US heating oil crack, which measures the difference between fuel and crude prices, surged to $117 a barrel on Wednesday morning, the highest level in Bloomberg data going back to 2009. Moves in diesel and refining spreads show the energy shock isn’t necessarily in crude available on global markets but is, in fact, festering deep inside the industrial fuel market as …

A Mutation Is Making It Easier for Drug-Resistant Malaria to Spread

A Mutation Is Making It Easier for Drug-Resistant Malaria to Spread

The main drug that has been in use for decades to combat malaria in sub-Saharan Africa is running into a problem: In recent years, researchers have become increasingly concerned that parasites are becoming less sensitive to treatment. Identifying the underlying genetic factors has become an urgent priority. In an attempt to identify the reason for drug-resistant malaria, a team led by Brown University researchers conducted whole-genome analysis of 157 malaria parasite samples selected from specimens collected in Uganda between 2016 and 2024. The work, published in Nature Medicine this week, shows evidence that mutations in a gene that encodes a protein called px1, which had previously received little attention, is likely responsible for the rise in drug resistance. “Malaria still is a major killer, particularly in sub-Saharan Africa,” Jeffrey Bailey, an associate professor at Brown University specializing in pathology, says in a press release. “As drug resistance continues to emerge, we worry it will undermine control of its spread and result in even more deaths for a large number of people there and beyond.” When …

Would you pay for an algorithm to pick your friends? New social apps spread across cities | Friendship

Would you pay for an algorithm to pick your friends? New social apps spread across cities | Friendship

Would you pay £20 a month for the chance of making a friend, on the understanding that an algorithm – not you – gets to decide who you’ll meet? Driven by the decline of “third spaces” such as youth centres and pubs, an increase in remote working and rising loneliness – 40% of adults aged 16 to 29 feel lonely “always, often or some of the time”, according to the Office for National Statistics – paid social events are now in vogue. “There hasn’t been anything that feels authentic to helping people meet people,” says Nicola Gunby, a co-founder of Cliq, an online platform and app that aims “to bring people together through shared interests and real-world experiences”. “The first place people in their 20s and 30s turn to when trying to make friends is Facebook groups,” she says. “But they’ve ended up becoming a noticeboard for people who’ve, say, lost their dog or want to sell their bed.” For Gunby, these groups are “far too big and broad to be a genuine community”. Into …

Diesel Crack Spread Madness Deepens As Jefferies Finds No Easy Exit From Russia’s Refining Crisis

Diesel Crack Spread Madness Deepens As Jefferies Finds No Easy Exit From Russia’s Refining Crisis

Refined-product markets have emerged as the epicenter of the global energy crisis, with commodity desks across Wall Street, including Goldman, Citi, Bank of America and Jefferies, warning that disruptions in the Strait of Hormuz and Ukraine’s ongoing long-range drone attacks on Russian energy infrastructure are converging into a perfect storm for global fuel supplies. As we close out this week, Monday marked a historic milestone, with Bloomberg’s front-month US diesel crack spread (HOCL1 Index) topping $100 per barrel for the first time as the diesel shortage intensified and the spread landed on everyone’s radar. Four days before the HOCL1 Index breached the $100 mark, we cited notable Wall Street commodity desks that warned about the “perfect storm” brewing in refining markets: Then, early Monday morning, we reported: By late evening, our X post on the HOCL1 Index had gone absolutely viral because a reading above $100 is not only unprecedented, but also suggests, as we noted, that the “industrial economy either grinds to a halt or consumers are about to be hit with the biggest …

Moderna, Merck unveil mRNA-based cancer vaccine that cuts spread | Health News

Moderna, Merck unveil mRNA-based cancer vaccine that cuts spread | Health News

Moderna’s mRNA vaccine Intismeran shows promise, reducing melanoma recurrence and spread in late-stage trials. Published On 19 Aug 202619 Aug 2026 Moderna and Merck have announced that a personalised mRNA cancer vaccine called Intismeran reduced the risk of recurrence and spread of melanoma in a late-stage trial, a major success in a new field of cancer treatment that sent Moderna’s shares surging as much as 160 percent. Interim results of the study released on Wednesday found that the treatment met both goals of reducing cancer recurrence and preventing the spread of tumours. Detailed results of the study have not been released but are expected to be shared at an upcoming medical meeting, according to the drugmaker. Recommended Stories list of 4 itemsend of list Moderna President Stephen Hoge said thousands of patients who have had high-risk melanoma tumours removed in surgery could benefit by next year if the vaccine is approved by regulators. According to the National Cancer Institute, there were more than 1.5 million people in the US living with melanoma in 2023. Developed …

EU strengthens wildfire response as fires spread across Europe

EU strengthens wildfire response as fires spread across Europe

The European Union has mobilised additional firefighting support for Belgium and Spain as severe wildfires continue to overwhelm local emergency services. The deployments, made through the EU Civil Protection Mechanism (UCPM), include aircraft, helicopters, ground crews and satellite mapping to support authorities tackling fires across several regions. In Belgium, two rescEU firefighting aircraft have been sent from Sweden, while helicopters from the Netherlands, Norway, and Germany are assisting crews battling fires in the Hautes Fagnes. More than 3,000 hectares have already burned. In Spain, 104 French firefighters and 36 vehicles have been deployed to Aragón, where almost 16,000 hectares have been affected. The scale of the wildfire response reflects an exceptionally severe 2026 wildfire season. By the end of July, the area burned across Europe was already around 2.5 times the usual level, according to the European Forest Fire Information System (EFFIS). The EU is consequently relying on cross-border cooperation to reinforce national services when fires exceed the resources available locally. Hadja Lahbib, Commissioner for Preparedness and Crisis Management, explained: “No country should face wildfires alone. …

Britain deploys military as wildfires spread across Europe | News

Britain deploys military as wildfires spread across Europe | News

Britain has deployed military personnel to tackle wildfires in Wales, while fires near Belgium have forced more than 2,000 people to evacuate. Wildfires have also hit Greece, France, Spain, Italy, the Netherlands, Serbia, Albania and Croatia, forcing further evacuations and destroying homes. Published On 17 Aug 202617 Aug 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera on Googleinfo Source link

As speed cameras spread, so does the backlash from drivers : NPR

As speed cameras spread, so does the backlash from drivers : NPR

Speed cameras have sprung up in school zones across Florida, including this one in Broward County. Joel Rose/NPR hide caption toggle caption Joel Rose/NPR MIAMI — If you’ve driven in Florida recently, you may have seen the speed cameras springing up in school zones across the state. Carlos Acosta wishes he hadn’t. “I think it’s a money grab,” Acosta said. “That’s what irks me the most. It’s all about making money.” Millions of drivers across the country are encountering automated speed cameras for the first time, or they will soon. Safety advocates say there’s clear evidence that these cameras work to make roads safer. But there’s also a growing backlash from drivers in Florida and beyond. Drivers like Acosta, who worked in the Miami-Dade Sheriff’s Office for 27 years before retiring. This spring, Acosta says he got two speed camera tickets in school zones near his house in a suburb of Miami. “I’m all for protecting the kids coming and going from school,” Acosta said. But he says both of his tickets were issued during …

Hunter Biden Says Father’s Cancer Has Spread Further: “Very Painful And Very Debilitating”

Hunter Biden Says Father’s Cancer Has Spread Further: “Very Painful And Very Debilitating”

Former President Joe Biden’s prostate cancer has progressed and is causing him significant pain, his son Hunter said in a BBC interview broadcast Friday night. Former President Joe Biden’s office announced in May 2025 that he had an aggressive form of prostate cancer that had spread to his bones.Alex Wroblewski / AFP via Getty Images file “The cancer has spread, metastasized into his bones and further,” Hunter Biden told BBC Newsnight. “It’s very painful. It’s very debilitating in many respects.” He grew emotional discussing his father’s condition. “It’s really, really hard, and it’s really sad to watch,” he said. “I wish he would complain more, because it’s not good.” Biden, 83, disclosed the diagnosis in May 2025, four months after leaving the White House. His personal office said at the time that the cancer carried a Gleason score of 9 and had already metastasized to the bone – an aggressive presentation – but added that it appeared hormone-sensitive, “which allows for effective management.” He completed a course of radiation and hormone therapy that September. BREAKING: …