India’s fuel consumption jumped 23.8% in May, compared to a year ago, to continue recovering from a relatively low level in 2021 when the world’s third largest oil consumer was in the grip of a second wave of Covid-19. Total fuel consumption, which is A measure of oil demand, 18.27 million tons last month, according to data from the Petroleum Planning and Analysis Cell of the Indian Ministry of Oil, and the increase last month was the largest year-on-year jump since April 2021, and consumption rose modestly, by 0.4%, compared to April April 2022.
Ehsanul Haq, an analyst at Refinitiv, said: “Demand in May 2021 was low due to the high cases of Covid-19 at that time, although the monthly rise was surprising. However, it is likely that the rise in oil prices will have an impact on consumption in the next few months, and diesel consumption rose by 31.7% in May, compared to it a year ago, to 7.29 million tons, and increased by regarding 32.6%, compared to it two years ago, and increased Gasoline sales increased by 51.5% compared to a year ago, to reach 3.02 million tons. (Archyde.com)
Daily Archives
June 11, 2022
Baghdad: Zaidan Al-Rubaie
After a day full of hard work, the General Union of Iraqi Writers and Writers announced the results of its elections, which took place yesterday, Friday, in the capital, Baghdad, and 103 candidates competed for its seats.
After sorting the results, Omar Al-Saray, Jamal Al-Hashemi, Munther Abdel-Har, Hassan Al-Bahar, Ali Al-Fawaz, Abdel-Sada Al-Basri, Aref Al-Saadi, Najeh Al-Maamouri, Jabbar Al-Kawaz, Rawya Al-Shaer, Rajaa Al-Rubaie, Ali Farhan, Ali Shabib won the membership of the Central Council. Ward, Gram Al-Rubaie, Imran Al-Khayyat, Hanoun Majid, Abdul Amir Al-Majjar, Fadel Thamer, Ali Al-Emara, Abdel Moneim Al-Amir, Maan Ghaleb Sabbah, Ghannam Muhammad Khader, Adnan Al-Fadhli, Ammar Al-Masoudi, Hamad Al-Doukhi, Shukr Al-Salihi, Awat Hassan Amin, Hussein Jaff, Muhammad Hussain, Moshe Boulos.
While the reserve seats were won by Muhammad Khader Al-Hamdani, Jassem Muhammad Jassam, Hazem Al-Shamri, Taha Al-Zorbati and Ali Mijbil Al-Mulaifi.
The tasks will be distributed later to the winners, and it is expected that the poet Omar Al-Saray will be the new president of the Union of Iraqi Writers in this session, as he has the largest number of votes, having obtained 976 votes.
After 2003, the Iraqi Writers Union elections were held, where the late Inad Ghazwan won the first session, who did not complete his session due to his death. The critic Fadel Thamer, who won two successive sessions, was replaced by the critic Najeh Al-Mamouri in the previous session.
Oil prices rose more than 1.5% in a week as the two benchmarks posted gains of 1.9% for Brent and 1.5% for US crude.
On Friday, Brent crude fell $1.06 to settle at $122.01 a barrel. US West Texas Intermediate crude also fell 84 cents to $120.67 a barrel, and the daily decline came as China imposed new closures to combat Covid-19 and US consumer prices rose more than expected.
Prices came under pressure following the US Department of Labor’s Consumer Price Index report. US consumer prices accelerated in May, as gasoline prices hit a record and the cost of services rose further, suggesting that the Federal Reserve may continue to raise interest rates to combat inflation.
Parts of Shanghai imposed new restrictions to combat Covid, and the Chinese city announced a round of mass screenings of millions of residents.
And China’s imports of crude oil in May increased regarding 12% from a year ago.
“This does not indicate that the demand for oil is rising,” said Carsten Fritsch, analyst at Commerzbank. Rather, it is likely that China acted opportunistically, as it bought crude oil from Russia at a price well below the level of the global market in order to replenish its stocks.”
Oil prices had been supported earlier by fears of possible supply disruptions in Europe and Africa.
Two oil engineers in the Sarir oil field in Libya said on Friday that the field’s production decreased following the closure of the Ras Lanuf and Es Sider ports and with a threat from one of the groups to close the Hariga port.
Regarding US supplies, the number of oil rigs operating in the United States, an indicator of future supplies, rose by six to 580 rigs this week, the highest level since March 2020.
(Archyde.com)
Paris: rapper Moha La Squale arrested when he got off the train at the Gare du Nord
written by Alexandra Hartman Editor-in-Chief
Rapper Moha La Squale was arrested this Friday evening at the Gare du Nord by police officers from the railway network brigade (BRF) as part of an arrest warrant in a case of “sexual assault, violence and kidnapping”.
Around 8:20 p.m., this 27-year-old young man was arrested when he got off the Thalys from Essen in Germany, before being placed in police custody in the premises of the regional transport security (SRT). “He was then placed in judicial detention in relation to the obligations of his judicial control”, specifies a source close to the file.
His real name Mohamed B, he is from the city of Banana, in the twentieth arrondissement of Paris. He has already been imprisoned twice before achieving musical success and the recording of two albums, Bendero and Appache, which met with public acclaim.
This young man wearing a ponytail, who had assured to have finished with the legal affairs, was sentenced for contempt and rebellion following being arrested in Paris while rodeoing. In 2020, three women accused him of violence, kidnapping and sexual assault, which led to him being indicted in 2021 and placed under judicial supervision. He has always denied the charges, believing that they were revenge plotted by these women during conflicting and toxic sentimental relationships. Last April, his new companion had spread on social networks explaining that he had been threatened with a knife by the artist.