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LONDON:Oil hovered near $70 a barrel on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year.Benchmark Brent fell $0.14, or 0.2%, to $69.49 a barrel by 1321 GMT adidas original campus while US West Texas In new balance usa termediate crude was at $65.90 a barrel, down $0.12, or 0.01%.Brent is on track to end the nb usa week flat after prices touched a 13-month high on Monday, following seven straight weeks of gains.The Organisation of the Petroleum Exporting Countries (OPEC) forecast a stronger oil demand recovery this year, weighted to the second half. OPEC, Russia and its allies decided last week to maintain output curbs almost unchanged. ldquo The stronger-than-expected rebound in the second half of this year implies that the global economy and hence oil demand outlook is close to shaking off its Covid woes, rdquo PVM analysts said.RBC Capital analysts said the fundamentals for summer gasoline were the most bullish in nearly a decade.The United States, t Leol Spike in terrorism
ISTANBUL
alestinian group Hamas, which undertook an unprecedented attack on Israel on Saturday, has denied allegations that it killed civilians, including children. ldquo We categorically affirm the falsehood of the fabricated allegations promoted by some Western media outlets, which unprofessionally adopt the Zionist narrative full of lies and slander against our Palestinian people and their resistance, the latest of which was the claim of killi af1 supreme ng adidas samba original children, beheading them, and targeting civilians, rdquo the group said in a statement that was also published on its website.The statement criticized quot adopting and siding with the Zionist narrative without verification rdquo and warned of consequences of covering up quot the crimes of the occupation and its massacres committed day and night in Gaza. rdquo It confirmed that ldquo the Al-Qassam Brigades worked to t af1 mid arget the Israeli military and security systems rdquo in Operation Al-Aqsa Flood, calling them ldquo legitimate target
LONDON:Oil hovered near $70 a barrel on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year.Benchmark Brent fell $0.14, or 0.2%, to $69.49 a barrel by 1321 GMT adidas original campus while US West Texas In new balance usa termediate crude was at $65.90 a barrel, down $0.12, or 0.01%.Brent is on track to end the nb usa week flat after prices touched a 13-month high on Monday, following seven straight weeks of gains.The Organisation of the Petroleum Exporting Countries (OPEC) forecast a stronger oil demand recovery this year, weighted to the second half. OPEC, Russia and its allies decided last week to maintain output curbs almost unchanged. ldquo The stronger-than-expected rebound in the second half of this year implies that the global economy and hence oil demand outlook is close to shaking off its Covid woes, rdquo PVM analysts said.RBC Capital analysts said the fundamentals for summer gasoline were the most bullish in nearly a decade.The United States, t Leol Spike in terrorism
ISTANBUL
alestinian group Hamas, which undertook an unprecedented attack on Israel on Saturday, has denied allegations that it killed civilians, including children. ldquo We categorically affirm the falsehood of the fabricated allegations promoted by some Western media outlets, which unprofessionally adopt the Zionist narrative full of lies and slander against our Palestinian people and their resistance, the latest of which was the claim of killi af1 supreme ng adidas samba original children, beheading them, and targeting civilians, rdquo the group said in a statement that was also published on its website.The statement criticized quot adopting and siding with the Zionist narrative without verification rdquo and warned of consequences of covering up quot the crimes of the occupation and its massacres committed day and night in Gaza. rdquo It confirmed that ldquo the Al-Qassam Brigades worked to t af1 mid arget the Israeli military and security systems rdquo in Operation Al-Aqsa Flood, calling them ldquo legitimate target