________ A to Z kerala .......... [kvk] [www.atozkerala.in , www.atozkerala.blogspot.com
- See more at:
http://www.madhyamam.com/en/international/2015/jan/30/militant-attacks-egypts-sinai-kills-26-people#sthash.jOt68G97.dpuf
- See more at:
http://www.madhyamam.com/en/international/2015/jan/30/militant-attacks-egypts-sinai-kills-26-people#sthash.jOt68G97.dpuf
London
: New York oil prices tumbled to a near six-year low underneath USD 44
per barrel today, as record-high US crude inventories deepened worries
over the global supply glut.
West Texas Intermediate (WTI) for March delivery dived to USD 43.57 a barrel, a level last seen on March 12, 2009.
The contract later stood at USD 43.87, down 58 cents from yesterday's close.
European benchmark Brent North Sea crude for March meanwhile rose nine cents to stand at USD 48.56 a barrel in
London late afternoon deals.
'WTI ... extended losses below USD 44 per barrel, showing the potential for a possible test of the USD 40 key level in
the upcoming trading sessions if the sharp downside momentum continues,' said Sucden analyst Myrto Sokou.
Crude futures also fell sharply yesterday after official data showed US crude stockpiles surged by 8.9 million barrels
to 406.7 million in the week to January 23.
The overall level of stockpiles was the highest since the US government began keeping weekly records in 1982.
Sokou added that the weekly US energy report 'indicated a prolonged deterioration in oil fundamentals' of supply and
demand.
In reaction to the US inventories data, WTI dropped usd 1.78 in New York while Brent fell USD 1.13 in London yesterday.
'Crude oil stocks now find themselves at their highest level since the data series began more than 30 years ago and
are 17 percent above the five-year average,' added Commerzbank analysts.
'The lion's share of the inventory build took place on the US Gulf Coast, where the biggest storage capacities are to
be found. Crude oil stocks at Cushing also grew by a significant two million barrels, meaning that the inventory
build there has totalled a good eight million barrels since the beginning of the year.'
Daniel Ang, investment analyst at Phillip Futures in Singapore, added that the stockpiles surge came as 'no
surprise' as refinery utilisation rates in the world's top crude consumer have been low.
However, 'what is really shocking is that US production still continues to increase despite low crude prices', Ang
said. (AFP)
West Texas Intermediate (WTI) for March delivery dived to USD 43.57 a barrel, a level last seen on March 12, 2009.
The contract later stood at USD 43.87, down 58 cents from yesterday's close.
European benchmark Brent North Sea crude for March meanwhile rose nine cents to stand at USD 48.56 a barrel in
London late afternoon deals.
'WTI ... extended losses below USD 44 per barrel, showing the potential for a possible test of the USD 40 key level in
the upcoming trading sessions if the sharp downside momentum continues,' said Sucden analyst Myrto Sokou.
Crude futures also fell sharply yesterday after official data showed US crude stockpiles surged by 8.9 million barrels
to 406.7 million in the week to January 23.
The overall level of stockpiles was the highest since the US government began keeping weekly records in 1982.
Sokou added that the weekly US energy report 'indicated a prolonged deterioration in oil fundamentals' of supply and
demand.
In reaction to the US inventories data, WTI dropped usd 1.78 in New York while Brent fell USD 1.13 in London yesterday.
'Crude oil stocks now find themselves at their highest level since the data series began more than 30 years ago and
are 17 percent above the five-year average,' added Commerzbank analysts.
'The lion's share of the inventory build took place on the US Gulf Coast, where the biggest storage capacities are to
be found. Crude oil stocks at Cushing also grew by a significant two million barrels, meaning that the inventory
build there has totalled a good eight million barrels since the beginning of the year.'
Daniel Ang, investment analyst at Phillip Futures in Singapore, added that the stockpiles surge came as 'no
surprise' as refinery utilisation rates in the world's top crude consumer have been low.
However, 'what is really shocking is that US production still continues to increase despite low crude prices', Ang
said. (AFP)
Militant attacks in Egypt's Sinai kills 26 people
PTI /
January 30, 2015, 9:54 am
Facebook
Tweet
Cairo: At least 26 people have been killed, mostly
soldiers and 60 others injured in Egypt's restive Sinai when a series of
militant attacks, involving car bombs and mortar rounds struck several
army and police positions.
The attacks which happened Thursday is the deadliest assault on security forces in recent weeks. It targeted the police headquarters of El-Arish, a military unit and a residential area housing army and police officers.
"Militants fired mortar rounds and used car bombs in the attacks , Egyptian TV reported.
25 military personnel were killed while 60 were injured. Out of the 26 killed, one was a policeman.
"At least three missile shells and a car bomb were used in separate attacks," a source said.
Meanwhile, a police officer was killed in a bomb explosion targeting a police building in the Canal city of Suez.
The officer was on duty when the explosion occurred. The attack took place shortly after the serial attacks in North Sinai.
Last week, the curfew in parts of North Sinai was extended for another three months. The curfew was initially imposed on October 25, following the death of 31 army personnel who were killed in a car bomb attack.
Following the attack, the government decided to create a buffer zone along the border with the Gaza Strip.
Egypt's Sinai has witnessed many violent attacks by militants since the January 2011 revolution that toppled ex-president Hosni Mubarak.
The attacks targeting police and military increased after the ouster of Islamist president Mohammed Morsi in 2013.
Over 500 security personnel have been reported killed since then.
The military has launched security campaigns in the area, arrested suspects and demolished houses that belong to terrorists, including those facilitating tunnels leading to the Gaza Strip.
The attacks which happened Thursday is the deadliest assault on security forces in recent weeks. It targeted the police headquarters of El-Arish, a military unit and a residential area housing army and police officers.
"Militants fired mortar rounds and used car bombs in the attacks , Egyptian TV reported.
25 military personnel were killed while 60 were injured. Out of the 26 killed, one was a policeman.
"At least three missile shells and a car bomb were used in separate attacks," a source said.
Meanwhile, a police officer was killed in a bomb explosion targeting a police building in the Canal city of Suez.
The officer was on duty when the explosion occurred. The attack took place shortly after the serial attacks in North Sinai.
Last week, the curfew in parts of North Sinai was extended for another three months. The curfew was initially imposed on October 25, following the death of 31 army personnel who were killed in a car bomb attack.
Following the attack, the government decided to create a buffer zone along the border with the Gaza Strip.
Egypt's Sinai has witnessed many violent attacks by militants since the January 2011 revolution that toppled ex-president Hosni Mubarak.
The attacks targeting police and military increased after the ouster of Islamist president Mohammed Morsi in 2013.
Over 500 security personnel have been reported killed since then.
The military has launched security campaigns in the area, arrested suspects and demolished houses that belong to terrorists, including those facilitating tunnels leading to the Gaza Strip.
New
Militant attacks in Egypt's Sinai kills 26 people
PTI /
January 30, 2015, 9:54 am
Facebook
Tweet
Cairo: At least 26 people have been killed, mostly
soldiers and 60 others injured in Egypt's restive Sinai when a series of
militant attacks, involving car bombs and mortar rounds struck several
army and police positions.
The attacks which happened Thursday is the deadliest assault on security forces in recent weeks. It targeted the police headquarters of El-Arish, a military unit and a residential area housing army and police officers.
"Militants fired mortar rounds and used car bombs in the attacks , Egyptian TV reported.
25 military personnel were killed while 60 were injured. Out of the 26 killed, one was a policeman.
"At least three missile shells and a car bomb were used in separate attacks," a source said.
Meanwhile, a police officer was killed in a bomb explosion targeting a police building in the Canal city of Suez.
The officer was on duty when the explosion occurred. The attack took place shortly after the serial attacks in North Sinai.
Last week, the curfew in parts of North Sinai was extended for another three months. The curfew was initially imposed on October 25, following the death of 31 army personnel who were killed in a car bomb attack.
Following the attack, the government decided to create a buffer zone along the border with the Gaza Strip.
Egypt's Sinai has witnessed many violent attacks by militants since the January 2011 revolution that toppled ex-president Hosni Mubarak.
The attacks targeting police and military increased after the ouster of Islamist president Mohammed Morsi in 2013.
Over 500 security personnel have been reported killed since then.
The military has launched security campaigns in the area, arrested suspects and demolished houses that belong to terrorists, including those facilitating tunnels leading to the Gaza Strip.
The attacks which happened Thursday is the deadliest assault on security forces in recent weeks. It targeted the police headquarters of El-Arish, a military unit and a residential area housing army and police officers.
"Militants fired mortar rounds and used car bombs in the attacks , Egyptian TV reported.
25 military personnel were killed while 60 were injured. Out of the 26 killed, one was a policeman.
"At least three missile shells and a car bomb were used in separate attacks," a source said.
Meanwhile, a police officer was killed in a bomb explosion targeting a police building in the Canal city of Suez.
The officer was on duty when the explosion occurred. The attack took place shortly after the serial attacks in North Sinai.
Last week, the curfew in parts of North Sinai was extended for another three months. The curfew was initially imposed on October 25, following the death of 31 army personnel who were killed in a car bomb attack.
Following the attack, the government decided to create a buffer zone along the border with the Gaza Strip.
Egypt's Sinai has witnessed many violent attacks by militants since the January 2011 revolution that toppled ex-president Hosni Mubarak.
The attacks targeting police and military increased after the ouster of Islamist president Mohammed Morsi in 2013.
Over 500 security personnel have been reported killed since then.
The military has launched security campaigns in the area, arrested suspects and demolished houses that belong to terrorists, including those facilitating tunnels leading to the Gaza Strip.
New
അഭിപ്രായങ്ങളൊന്നുമില്ല:
ഒരു അഭിപ്രായം പോസ്റ്റ് ചെയ്യൂ