7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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Oil set for 10 per cent weekly drop as demand worries dominate


Oil prices were stable on Friday but both benchmarks were headed for a weekly loss on worries over weak economic outlooks in China, Europe and the United States weighing on oil demand.

Brent crude futures were at $76.16 a barrel, up 1 cent, at 0919 GMT. Brent hit a 2022 low this week.

U.S. West Texas Intermediate crude inched up 7 cents to $71.53 a barrel.

The contracts are set for weekly losses of around 10% each, their worst weekly drops in percentage terms since August and April, respectively.

The market structure for Brent contracts has switched to contango, meaning contracts for near-term delivery are cheaper than for delivery in six months, indicating that traders see weaker demand.

News of a leak closing Canadian firm TC Energy’s Keystone pipeline in the United States prompted a brief rally on Thursday. However, prices finally eased as the market took a view that the closure would be brief.

The market similarly shrugged off a queue of oil tankers being held up by Turkish authorities on their way to the Mediterranean from the Black Sea.

“Evidently, nothing can improve the mood in the oil market,” said PVM analyst Tamas Varga.

In China, surging infections will likely depress economic growth in the next few months despite some restrictions being eased, bringing a rebound only later in 2023, economists said.

Also on the downside, the U.S. economy is heading into a short and shallow recession over the coming year, according to economists polled by Reuters who unanimously expected the U.S. Federal Reserve to go for a smaller 50 basis point (bps) interest rate hike on Dec. 14.

The European Central Bank will also likely lift its deposit rate by 50 bps next week to 2.00%, another Reuters poll found, despite the euro zone economy almost certainly being in recession, as it battles inflation running at five times its target.

https://www.tausiinsider.com/oil-set-for-10-per-cent-weekly-drop-as-demand-worries-dominate/?feed_id=329584&_unique_id=644346180b7b0

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