When is Venice Film Festival 2023 and What Can We Expect?

Emma Stone's Frankenstein-like 'Poor Things' premiers in Venice but she will be absent amid the strike by Hollywood actors and writers. Vincenzo PINTO / AFP
Emma Stone's Frankenstein-like 'Poor Things' premiers in Venice but she will be absent amid the strike by Hollywood actors and writers. Vincenzo PINTO / AFP
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When is Venice Film Festival 2023 and What Can We Expect?

Emma Stone's Frankenstein-like 'Poor Things' premiers in Venice but she will be absent amid the strike by Hollywood actors and writers. Vincenzo PINTO / AFP
Emma Stone's Frankenstein-like 'Poor Things' premiers in Venice but she will be absent amid the strike by Hollywood actors and writers. Vincenzo PINTO / AFP

The Venice International Film Festival is the oldest film festival in the world, with its 80th edition opening this week.
Below are some facts about the festival and the 2023 contenders.
WHEN IS THE VENICE FESTIVAL?
The festival opens on Aug. 30 with the premiere of Italian World War Two film "Comandante", directed by Edoardo De Angelis. The event runs until Sept. 9 and closes with a Spanish-language Netflix drama "Society of the Snow".
WHERE IS IT HELD?
The Festival takes place on the Venice Lido - the so-called beach of Venice -- a thin barrier island in the Venetian Lagoon, which is a short boat trip from the main city of Venice. Unlike Venice itself, cars have access to the Lido.
WHY IS IT SO CLOSELY WATCHED?
The festival marks the start of the awards season and regularly throws up big favorites for the Oscars. Eight of the past 11 best director awards at the Oscars went to films that debuted at Venice.
Movie stars and directors traditionally enjoy traveling to the lagoon city to launch their films. However, this year will offer a bit less sparkle than usual because a Hollywood actors' strike will prevent many stars from promoting their work here.
WHAT MOVIES HAVE BEEN SELECTED FOR THE FESTIVAL?
There are several categories making up the official selection of films shown, the top being those competing for the coveted Golden Lion award.
This year's 23 contenders, in order of their screening, are:
"Comandante" (Italy) Director: Edoardo De Angelis
"El Conde" (Chile) Dir: Pablo Larrain
"Dogman" (Fr) Dir: Luc Besson
"Ferrari" (US) Dir: Michael Mann
"The Promised Land" (Denmark) Dir: Nikolaj Arcel
"Poor Things" (UK) Dir: Yorgos Lanthimos
"Finally Dawn" (It) Dir: Saverio Costanzo
"Maestro" (US) Dir: Bradley Cooper
"Adagio" (It) Dir: Stefano Sollima
"Die Theorie Von Allem" (Ger-Austria-Switz) Dir: Timm Kroger
"The Killer" (US) Dir: David Fincher
"The Beast" (Fr-Canada) Dir: Bertrand Bonello
"Evil Does Not Exist" (Jap) Dir: Ryusuke Hamaguchi
"Priscilla" (US-It) Dir: Sofia Coppola
"Green Border" (Czech-Pol-Bel-France) Dir: Agnieszka Holland
"Enea" (It): Dir. Pietro Castellitto
"Origin" (US) Dir: Ava DuVernay
"Me Captain" (It-Bel) Dir: Matteo Garrone
"Lubo" (It-Switz) Dir: Giorgio Diritti
"Holly" (Bel-Neth-Lux-Fr) Dir: Fien Troch
"Woman Of" (Pol-Swe) Dir: Malgorzata Szumowska, Michal Englert
"Memory" (Mex-US) Dir: Michel Franco
"Hors-Saison" (Fr) Dir: Stephane Brize
ARE ANY BIG FILMS BEING SHOWN OUT OF COMPETITION?
Like other festivals, Venice reserves a number of spots for interesting movies that are shown out of competition. Amongst those on offer this year are "The Caine Mutiny Court-Martial" by US director William Friedkin, who died this month; "Coup de Chance", Woody Allen's first French-language picture; "The Palace", by Roman Polanski; "The Wonderful Story of Henry Sugar", a short feature by Wes Anderson; "Aggro Dr1ft", directed by Harmony Korine and starring rapper Travis Scott.



Oil Up as Israel, Hezbollah Trade Accusations of Ceasefire Violation

FILE - An aurora borealis, also known as the northern lights, makes an appearance over pumpjacks as they draw out oil and gas from well heads near Cremona, Alberta, Thursday, Oct. 10, 2024. (Jeff McIntosh/The Canadian Press via AP, File)
FILE - An aurora borealis, also known as the northern lights, makes an appearance over pumpjacks as they draw out oil and gas from well heads near Cremona, Alberta, Thursday, Oct. 10, 2024. (Jeff McIntosh/The Canadian Press via AP, File)
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Oil Up as Israel, Hezbollah Trade Accusations of Ceasefire Violation

FILE - An aurora borealis, also known as the northern lights, makes an appearance over pumpjacks as they draw out oil and gas from well heads near Cremona, Alberta, Thursday, Oct. 10, 2024. (Jeff McIntosh/The Canadian Press via AP, File)
FILE - An aurora borealis, also known as the northern lights, makes an appearance over pumpjacks as they draw out oil and gas from well heads near Cremona, Alberta, Thursday, Oct. 10, 2024. (Jeff McIntosh/The Canadian Press via AP, File)

Oil prices ticked up on Thursday after Israel and Lebanon’s Hezbollah traded accusations that their ceasefire had been violated, and as Israeli tanks fired on south Lebanon.

OPEC+ also delayed by a few days a meeting likely to extend production cuts.

Brent crude futures edged up by 30 cents, or 0.4%, to $73.13 a barrel by 1741 GMT. US West Texas Intermediate crude futures were up 23 cents, 0.3%, at $68.93. Trading was thin because of the US Thanksgiving holiday, Reuters reported.
Israel's military said the ceasefire was violated after what it called suspects, some in vehicles, arrived at several areas in the southern zone.
The deal, which took effect on Wednesday, was intended to allow people in both countries to start returning to homes in border areas shattered by 14 months of fighting.
The Middle East is one of the world's major oil-producing regions, and while the ongoing conflict has not so far not impacted supply it has been reflected in a risk premium for traders.
Elsewhere, OPEC+, comprising the Organization of the Petroleum Exporting Countries and allies including Russia, delayed its next policy meeting to Dec. 5 from Dec. 1 to avoid a conflict with another event.
Also supporting prices, OPEC+ sources have said there will again be discussion over another delay to an oil output increase scheduled for January.
"It's highly unlikely they are going to announce an increase production at this meeting," said Rory Johnston, analyst at Commodity Context.
The group pumps about half the world's oil but has maintained production cuts to support prices. It hopes to unwind those cuts, but weak global demand has forced it to delay the start of gradual increases.
A further delay has mostly been factored in to oil prices already, said Suvro Sarkar at DBS Bank. "The only question is whether it's a one-month pushback, or three, or even longer."
Depressing prices slightly, US gasoline stocks rose 3.3 million barrels in the week ending Nov. 22, the US Energy Information Administration said on Wednesday, countering expectations of a small draw in fuel stocks ahead of holiday travel.
Slowing fuel demand growth in top consumers China and the US has weighed on oil prices this year.