Crude Oil Futures Settle Lower As Inventories Rise

How Wide Open Is the Best-Picture Race?

Each of the eight contenders has a path to victory, but it will be harder for some than others. For now, keep your eye on “Nomadland.”

By Kyle Buchanan

Donald Trump's fortune 'shrunk by $700m during his four years as president'

Toddler mauled to death by two pit bulls who left his mother seriously injured

Jeep India prices Wrangler at ₹53.90 lakh

Jeep India has announced it will introduce the locally assembled Jeep Wrangler starting ₹53.90 lakh (ex-showroom). The company would shortly retail the vehicle across India.

The Jeep Wrangler is being introduced in two variants — Unlimited and Rubicon — powered by a Bharat Stage VI compliant 2.0-litre, IN-Line 4-cylinder, turbo petrol power train.

Bears offered Seahawks package including three first-round picks for Russell Wilson, per report

We apparently now have an idea of what it might take to pry Russell Wilson out of Seattle.

The Chicago Bears, rumored to be hotly pursuing Wilson in recent weeks ever since ESPN reported that the Windy City was a destination for which he'd waive his no-trade clause, evidently floated quite the bounty.

Per sports radio host Dan Patrick, the Bears offered three first-round picks, a third-rounder and two players … but the Seahawks didn't budge.

Chicago, desperate for a solution under center amid the failings of free agent Mitchell Trubisky and Nick Foles, moved on Tuesday and struck a one-year deal with veteran passer Andy Dalton.

Kansas will be short-handed to start NCAA men’s tournament because of COVID issues

Kansas will be without two players, starting forward Jalen Wilson and backup Tristan Enaruna, for at least the first game of the NCAA men's tournament because of COVID-19 issues.

The Jayhawks will have big man David McCormack back for Saturday's first-round game against 14th-seeded Eastern Washington, however. Coach Bill Self said McCormack will travel to Indianapolis on Friday morning and be able to practice with third-seeded Kansas later that day. 

"It’s different," Self said Wednesday. "It's going to be different for a lot of players."

If the Jayhawks advance, Self said they hope to have Wilson, who is scheduled to arrive in Indianapolis on Monday, for the second round. Enaruna tested positive for COVID-19 on Sunday night, Self said, so he wouldn't be available until the regional semifinals, at the earliest. 

The Jayhawks were forced to withdraw from last week's Big 12 tournament after McCormack tested positive. Enaruna, his roommate, also was unavailable because of contact tracing protocols. 

Wilson tested positive Friday, Self said. 

IRS planning to delay tax filing deadline to mid-May because of COVID, sources say

The IRS is planning to delay the April 15 tax filing deadline by roughly a month, sources familiar with the plans confirmed Wednesday.

The move would give taxpayers more time to prepare their filings amid the slew of pandemic-related tax changes.

The Treasury and IRS did not immediately respond to requests for comment.

Bloomberg first reported the development.

PHOTO: A calculator is used while filing paperwork in an undated stock image.

The IRS is pushing the filing deadline back to May 17 — a Monday — according to a congressional aide briefed on the plans.

This is a developing story. Please check back for updates.

Crude Oil Futures Settle Lower As Inventories Rise

Crude oil futures settled lower on Wednesday, weighed down by data showing another jump in U.S. crude stockpiles and concerns over the outlook for energy demand amid a slowdown in coronavirus vaccinations in several parts of Europe.

West Texas Intermediate Crude oil futures for April ended down $0.20 or about 0.3% at $64.60 a barrel, extending losses to a fourth straight session.

The International Energy Agency said in its monthly Oil Market Report that global energy demand is unlikely to return to pre-pandemic levels for another two years at least, which weighed on oil prices.

Fuel consumption will average just over 101 million barrels a day in 2023 and growth will be subdued thereafter due to new working habits and a shift away from fossil fuels, the IEA said in a report.

Data from the Energy Information Administration said crude inventories in the U.S. rose by 2.396 million barrels in the week ended March 13. However, the increase was less than what markets had expected.

Distillate stockpiles were up 255,000 barrels last week compared to expectations for a draw of about 3.4 million barrels, while gasoline inventories rose 472,000 barrels in the week versus expectations for a draw of about 3 million barrels.