Stunning PHOTOS of Moon! Supermoon graces skies worldwide1/8 When there is a full moon and at the same time the moon closer to Earth than usual, then it is called a supermoon. The closer proximity to Earth can make the moon appear slightly bigger and brighter. July 14’s full moon was the “Buck moon” — a reference to the time of year when new antlers are growing on male deer, or bucks. Let us take a look at some of the stunning photos from across the world: 2/8 A plane passes in front of a full moon in Milwaukee. (AP Photo) Supermoon seen in the sky over New Delhi. (PTI Photo) Full moon known as “Buck Moon” is seen behind a lighthouse in Saint-Nazaire, France. (Reuters Photo) A full Supermoon known as the “Buck Moon” rises over the New York City skyline. (Reuters Photo) Supermoons occur when a full moon is within 90 per cent of perige or the point where the moon is closest to Earth in its orbit. (PTI Photo) A full moon rises over the New York City skyline, as seen from Weehawken, New Jersey, U.S. (Reuters Photo) The closer proximity to Earth can make the moon appear slightly bigger and brighter. (Reuters Photo)
However, that doesn’t take into account the fact that geopolitical tensions on the Middle East are undeniably rising again which will mean limited downside.”
In the U.S., oil drilling rigs were up by one at 501 last week, Baker Hughes said in its weekly report.JPMorgan forecasted 26 oil rigs to be added this year, most of them in the Permian during the first half of the year.
“The timing of drilling is paramount, as rig additions at the start of the year will contribute to 2H24 production growth,” the bank’s analysts said in a note.
“Despite an impressive 1 mbd of crude and condensate production growth in 2023, we expect 2024 supply to increase by only 400 kbd due to lower completions activity levels vs 2023.”