Source: FX Empire
The Beirut Criminal Court has acquitted Lebanese singer Fadel Shaker and cleric Ahmad al-Assir in a case linked to the attempted killing of a local official from the Hezbollah-affiliated “Resistance Brigades” in the southern city of Sidon, in a ruling that revisits one of Lebanon’s most sensitive security files stemming from the aftermath of the 2013 Abra clashes.
Wednesday, May 6, 2026
Israeli forces have resumed offensive operations in southern Lebanon, seeking to expand their field control for the first time since a ceasefire took effect three weeks ago, according to security sources cited by Asharq Al-Awsat newspaper.
Wednesday, May 6, 2026
The campaign targeting Maronite Patriarch Bechara Boutros al-Rahi cannot be dismissed as a passing social media storm. It is a calculated act of intimidation, a sectarian message wrapped in digital vulgarity, and a dangerous attempt to drag one of Lebanon’s highest spiritual authorities into the swamp of militia politics.
Sunday, May 3, 2026
Lebanon stands at the intersection of environmental degradation, economic collapse, and political paralysis, making an inclusive climate and energy transition difficult to achieve. But through answering two central questions—grounded in theories of environmental justice, political ecology, and postcolonial critique—concrete steps toward such a transition rise to the forefront: Who controls access to climate knowledge, financial and natural resources, and decisionmaking power? And how is the climate space being used to either empower or marginalize different social groups?
Tuesday, April 28, 2026
PSV Eindhoven felt they should have taken more from Tuesday's Champions League away clash against Juventus where they conceded a late goal to go down 2-1 in the first leg of their Champions League knockout phase playoff tie on Tuesday.
Wednesday, February 12, 2025
Manchester City boss Pep Guardiola says the club expects to learn the outcome of the hearing into its 115 charges of alleged Premier League financial rule breaches "in one month".
Saturday, February 8, 2025
Monday 1 April 2024 12:14:42
Oil Rally Amid Russian Cuts: Anticipated reductions in Russian output fuel robust Q1 gains, easing global surplus fears.
Oil prices saw a significant increase during the last week, ending the first quarter with robust gains due to anticipated reductions in Russian output, which mitigated concerns over a potential global supply surplus.
The price surge in USOIL and UKOIL was driven by continued production curbs by OPEC+ members, including Russia and Saudi Arabia, and heightened geopolitical tensions in the Middle East affecting supply stability.
This scenario is likely to influence the upcoming OPEC+ meeting, with expectations leaning towards maintaining the current output policy, potentially impacting future oil and natural gas market forecasts.
Natural Gas (NG)
exhibits a slight downturn, trading at $1.797, down 0.39%. The pivotal point at $1.79920 will determine its near-term direction. Resistance levels at $1.84390, $1.87590, and $1.91150 mark potential upward barriers, while support at $1.76480, $1.72080, and $1.67930 will test its stability.
The 50 EMA at $1.7991 and 200 EMA at $1.8785 suggest a cautious market sentiment. Currently, the trend for Natural Gas is bearish below $1.79920, but crossing this threshold could tilt the bias towards a bullish outlook.
USOIL continues to exhibit strength, trading at $83.46, marking a 0.45% increase. The pivot point stands at $82.90, shaping the short-term market outlook. Key resistance levels are identified at $83.76, $84.53, and $85.26, which if surpassed, could signal further bullish momentum.
Support levels are established at $82.31, $81.48, and $80.40, offering potential bounce points during pullbacks. The 50-day and 200-day EMAs at $81.52 and $79.37, respectively, underpin the upward trend.
With the market leaning bullish above $82.90, USOIL’s price trajectory seems poised for growth, barring a dip below the pivot that could precipitate a bearish shift.
UKOIL‘s market stance remains robust, with a current trading price of $87.27, reflecting a 0.38% increase. The pivotal point at $86.55 delineates the market sentiment, with resistance levels at $87.29, $88.14, and $89.00 dictating potential upward momentum.
On the flip side, support is established at $85.61, $84.69, and $83.94, crucial for mitigating declines. The 50-day EMA at $85.72 and the 200-day EMA at $83.80 solidify the upward trend.
Predominantly, UKOIL exhibits a bullish trend above $86.55, yet a fall below this pivot could signal a bearish reversal.
For a look at all of today’s economic events, check out our economic calendar.

Join our kataeb.org Whatsapp Group
CLICK HERE
