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LONDON:Oil prices climbed by more than $1 a barrel on Monday, with benchmark Brent hitting one-month high and US crude topping $30 supported by optimism about the re-opening of economies and output cuts by major producers.Brent crude LCOc1 was up $1.21, or 3.7%, at $33.71 a barrel by 0912 GMT, its highest level since mid-April.US West Texas Intermediate (WTI) crude CLc1 was up $1.59 or 5
jordan nere .4% at $31.02 per barrel, its highest since mid-March. Optimism on the demand side of the oil equation has helped prices c
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dunks brown vernments ease confinement measures, said Rystad Energy s senior oil markets analyst Paola Rodriguez Masiu.Summer weather is enticing much of the world to emerge from coronavirus lockdowns. Shops and restaurants prepared to reopen in Italy on Monday, while other centres of the outbreak such as New York and Spain gradually lifted restrictions.The positive sentiment in the market was reinforced as US Federal Reserve Chairman Jerome P Baps Turkmenistan concerned over delay in TAPI pipeline
DAMASCUS:Abu Abdo eases himself into the driver's seat, itching to try out freshly laid train tracks between two suburbs of Syria's capital, Damascus. I've been waiting for this day for six years, the 42-year-old says, drumming excitedly on the train's control board.He prepares for a test drive on a stretch of tracks leading from Qadam station, until May a pocket of Islamic State group resistance, to grounds hosting the annual Damascus International Fair.After seven
air jordan3 years of war, the government is now back in control of nearly two thirds of Syria's territory, after seizing large swathes back from myriad rebel and jihadist groups.Fate of Syria's Idlib in balance at Tehran summitThe regime views reviving the railways as crucial to its reconstruction policy. And the week-long fair, which started on Thursday, is being serviced by 28 trains each day, according to state media.Abu Abdo begins the trial run. When I drive a train, I feel l
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