MINISTER CONFIRMS SUSPECT BUILDING BLOCKS BEING EXAMINED IN DONEGAL

first_imgThe Minister of State for the Environment, Paudie Coffey has confirmed that test reports on concrete blocks affected by Mica in Donegal and submitted by the local Mica Action Group are currently being reviewed by his department officials.Damien Mc Cauley demonstrates how weak the blocks are from his house built in 2006 . all the out wall have to be replace at his family home, and his family had to be moved out. Photo Brian McDaidA technical report is now being prepared in the matter.Donegal Deputy Padraig Mac Lochlainn has welcomed the move. “I welcome that Minister Coffey has visited the homes of families affected by Mica and that his Department officials are currently reviewing test reports on some of the affected blocks.“There is no doubt that a large numbers of homes in Donegal have been affected. This is deeply distressing for those families and the cost implications are devastating in some circumstances.“When the similar issue of pyrite afflicted families living in homes in Dublin and North Leinster, the Government introduced the Pyrite Resolution Scheme under the auspices of the Pyrite Resolution Board to give redress to those families”.“I believe that a similar scheme should be introduced in Donegal to give redress to families here. I will continue to raise this issue until the Government bring forward an acceptable resolution process”. MINISTER CONFIRMS SUSPECT BUILDING BLOCKS BEING EXAMINED IN DONEGAL was last modified: April 23rd, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:blocksBuildingdonegalMICAlast_img read more

World in Motion: England’s classic 1990 World Cup song

first_imgWorld Cup World in Motion: England’s World Cup 1990 song by New Order Ryan Kelly 16:37 5/21/18 FacebookTwitterRedditcopy Comments(0) World in Motion John Barnes Getty World Cup England England v Costa Rica Tunisia v England England v Nigeria England v Panama England v Belgium Tunisia Panama Nigeria Costa Rica Belgium Friendlies With the services of one of the nation’s most popular bands enlisted, the song for the Three Lions’ 1990 campaign was a big hit 28 years ago The news that England will not have an official World Cup song for Russia 2018 will be a bitter pill to swallow for some fans in the lead up to this summer’s showpiece, but thankfully they can soothe any lingering disappointment with a decidedly rich back catalogue of tournament tunes.One of the most memorable England World Cup anthems was born 28 years ago as the Three Lions were gearing up for Italia ’90, with the familiar synth-pop tones of English band New Order providing an optimistic campaign soundtrack for Bobby Robson’s team.The song was called ‘World in Motion’ and it shot straight to the top of the UK Singles Chart following its release that summer, remaining there for two weeks in June before eventually being succeeded by Elton John’s more downbeat love ballad ‘Sacrifice’ as the nation’s mood shifted.  Editors’ Picks Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Sorry, Cristiano! Pjanic is Juventus’ most important player right now Written by New Order and comedian Keith Allen, the song famously featured a rap segment by England player John Barnes and a number of other players contributed vocals, while also appearing on the official music video.Interestingly, while New Order boast classics such as ‘True Faith’ and ‘Blue Monday’ in their extensive discography, the World Cup song ‘World in Motion’ has the distinction of being their only UK number one.In the absence of an official song for Russia 2018, ‘World in Motion’ is bound to get some airtime on radio and television this summer, which will evoke feelings of nostalgia for some generations. However, younger Three Lions devotees may not be au fait with it, so here’s everything you need to know about the song.World in Motion lyricsExpress yourself, Create the space, You know you can win, Don’t give up the chase. Beat the man, Take him on, You never give up, It’s one on one.Express yourself, It’s one on one. Express yourself, It’s one on one. Express yourself. You can’t be wrongWhen something’s goodIt’s never goneChorus:Love’s got the world in motionAnd I know what we can do. Love’s got the world in motionAnd I can’t believe it’s true. Now is the time, Let everyone see, You never give up, That’s how it should be. Don’t get caught, Make your own play, Express yourself, Don’t give it away. Express yourself, Its one on one. Express yourself, Its one on one. Express yourself, You can’t be wrong. When something’s goodIt’s never wrong. (Chorus)You’ve got to hold and giveBut do it at the right time. You can be slow or fastBut you must get to the line. They’ll always hit you and hurt you, Defend and attack. There’s only one way to beat them:Get round the back. Catch me if you can’Cause I’m the England manAnd what you’re looking atIs the master plan. We ain’t no hooligans, This ain’t a football song, Three lions on my chestI know we can’t go wrong. We’re playing for England, We’re playing the song,We’re singing for England,Arrivederci it’s one on one.(Repeat x4)World in Motion music videoThe official music video for ‘World in Motion’ featured a number of England players as well as clips of team in action during the qualification phase.As one of the stars of the team – and the song – it was no surprise to see Barnes headlining the music video and the first image viewers were presented with was the midfielder spinning a ball on his finger. He appeared throughout, doing tricks in the background as lead vocalist Bernard Sumner – wearing a T-shirt with the words ‘World in motion…’ on it – sang.Paul Gascoigne and Peter Beardsley also featured in the video, as did Nottingham Forest’s Des Walker and Liverpool midfielder Steve McMahon.The music video for New Order’s ‘World in Motion’ can be watched in full above.John Barnes World in Motion rapJohn Barnes EnglandThe genre of the World Cup song is known to stretch conventional musical boundaries and New Order did precisely that with ‘World in Motion’ by incorporating a rapping player into the composition.Barnes, who had previously performed in the Liverpool’s 1988 ‘Anfield Rap’, won a mini-competition between a handful of England stars to earn the right to contribute a verse to the song, beating the likes of Gascoigne and Beardsley.The lyrics to Barnes’ World in Motion rap can be read below:You’ve got to hold and give But do it at the right time. You can be slow or fast But you must get to the line. They’ll always hit you and hurt you, Defend and attack. There’s only one way to beat them Get round the back. Catch me if you can ‘Cause I’m the England man And what you’re looking at Is the master plan. We ain’t no hooligans, This ain’t a football song, Three lions on my chest I know we can’t go wrong.Despite contending with some ridicule for his rap, the former Liverpool man fully embraced the notoriety and has playfully tapped into his musical side in the years since. In 2010, for example, he worked with chocolate bar manufacturer Mars for a TV advertisement ahead of that year’s World Cup, in which he delivered a rendition of the rap. How did England do at the tournament?Paul Gascogine England World Cup 1990Unfortunately for England ‘World in Motion’ did not inspire them to glory, but they did manage to reach the semi-finals of the competition, where they lost on penalties to West Germany.Robson’s men topped Group F ahead of the Republic of Ireland, Netherlands and Egypt before navigating their way past Belgium and Cameroon in the round-of-16 and quarter-finals respectively.The semi-final against West Germany finished 1-1 after extra time, with Gary Lineker’s 80th-minute strike cancelling out Andreas Brehme’s opener.However, the Three Lions endured what would become familiar penalty heartache when Stuart Pearce and Chris Waddle missed their spot kicks, allowing the Germans to win the shootout 4-3.England ultimately finished fourth at the tournament after losing the third-place play-off game against tournament hosts Italy, while West Germany went on to lift the trophy, beating Argentina in the final.last_img read more

Robert Griffin III Impressive in Leading 1st GameWinning Drive

In his first attempt to bring his team back in the waning moments of an NFL game, Washington’s Robert Griffin III had more than the Tampa Bay Bucaneers’ defense to contend with: He was playing on the road, so the crowd was a factor. And then, all of a sudden, the headset in his helmet to communicate with the coaching staff went dead.Not good.And not surprising to the Redskins’ Santana Moss.“Happens every time,” Moss said. “No lie. I’ve been in the league 12 years, I’ve been in plenty of games, and the home team goes, ‘Oh well.’ ” Then he mimicked yanking an imaginary plug out of a wall.Whatever the reason for the technical difficulty, Griffin had to take Moss and the Redskins all the way down the field, and do so with only the single play he ran onto the field with after a touchback stopped the clock with 1:42 to play and the Redskins down 22-21.And he did. Griffin, using arm and legs,  methodically moved the Redskins down the field for the game-winning field goal by Billy Cundiff as time expired.Before Tampa Bay’s Connor Barth kicked a field goal to put his team up late in a second half in which the Redskins had scored zero points, backup Rex Grossman turned to Griffin on the Washington sideline and said, “You want them to make this so you can lead the team down the field and win.” Griffin laughed and said, “Yeah, I also want him to miss this field goal.”Above all, Grossman’s position shows just how much the Redskins think of RG III.“Every week,” Grossman said after the game, “the way he handles himself. The way he translates what he learns – it’s extremely impressive. As a whole, that’s the most impressive thing to me. Not the plays he makes, but the total sum of what he’s been doing. It’s the whole [expletive] thing.” read more

Montpellier match is important Henrichs

first_imgAccording to the AS Monaco player, the team is looking to capitalize in the win against Caen last weekAS Monaco needs desperetely a win in the French Ligue 1.The team is second-to-last with 10 points, just three ahead of last place Guingamp.But they were able to beat Caen last week, and now they are looking to repeat against Montpellier.“Of course this match against Montpellier is very important. We won last week in Caen and we have to keep going,” Benjamin Henrichs told the club’s official website.Neymar, BrazilTop 5 Ligue 1 players to watch throughout next weekend Tomás Pavel Ibarra Meda – September 11, 2019 With the international activity cooling down for the next month, we go back to the Top 5 players to watch in Ligue 1 next…“We did a lot of games without a win, obviously after this success we were very happy.”“We have seen against Atlético de Madrid that the future of the club is very promising,” he added.“The Academy players played very well. Saturday the team may be different but no matter who plays, everyone wants to win.”“Injuries are part of football. It’s a difficult situation but afterwards I was fine. I do not think about it,” he talked about his injuries.“I did not expect to find myself in this situation by coming here but you never know what can happen. This is a different context for me but we must raise our heads by showing our qualities.”last_img read more

Report Man United agree to sell Fellaini to Shandong Luneng

first_imgManchester United have reportedly agreed on the sale of Marouane Fellaini to Shandong Luneng with the midfielder having been spotted at the airport.The Belgium international has been strongly linked with a transfer to Chinese Super League club Shandong Luneng since Tuesday.It’s understood that Fellaini has already agreed on personal terms with Shandong Luneng, despite having only signed a new two-year contract at United last summer.Now BBC reports the Red Devils have reached an agreement with Shandong Luneng for Fellaini’s move to the Far East.The report adds that Fellaini has passed his medical and that the transfer should be finalised shortly.The 31-year-old midfielder has been at Old Trafford since the summer of 2013 after his former Everton boss David Moyes signed him for £27.5m on deadline day.Fellaini has been an ever-present figure in the United squad under Moyes, Louis van Gaal and Jose Mourinho.The Belgian has managed a total of 22 goals and 12 assists in 177 appearances for United across all competitions.He’s also won the FA Cup, EFL Cup, Europa League and Community Shield in his five and a half years at the Red Devils.Tammy Abraham, ChelseaChelsea hat-trick hero Tammy Abraham hopes for more Andrew Smyth – September 14, 2019 Tammy Abraham hopes this season will be his big breakthrough at Chelsea after firing his first hat-trick for the club in Saturday’s 5-2 win at Wolves.But, amid calf injury problems, Fellaini has only played for 31 minutes under interim coach Ole Gunner Solskjaer since he was appointed on December 18.And it appears United have decided to cut their losses over Fellaini and sell up while they can still get a good price.On Thursday morning, Fellaini posted an image on his Instagram story at an airport with the caption “Let’s go” to all but confirm he’s heading over to China.Reports suggest that the midfielder is set to agree on a very lucrative deal of £200,000 per week in salary.Whether a deal is announced before tonight’s transfer deadline is unknown as the Chinese Super League deadline is set until February 28, which means neither party are in a hurry to conclude the transfer.”Let’s go”Marouane Fellaini is at an airport, could he be heading for China?#MUFC pic.twitter.com/MfNPqHj83X— Omnisport (@OmnisportNews) January 31, 2019last_img read more

Wilmington Police To Offer Citizen CPR Course On December 78

first_imgWILMINGTON, MA — The Wilmington Police Department is offering a Citizen CPR course on Friday, December 7, 2018, from 6pm to 8pm, and Saturday, December 8, 2018, from 10am to noon, at the Wilmington Public Safety Building (1 Adelaide Street). Attendance at BOTH classes is required.The course is taught by certified instructors from the Wilmington Police Department. The Family & Friends CPR Course teaches the lifesaving skills of adult Hands-Only CPR, child CPR with breaths, adult and child AED use, infant CPR and relief of choking in an adult, child or infant. Skills are taught in a dynamic group environment by using the American Heart Association’s research-proven practice-while-watching technique, which provides students with the most hands-on CPR practice time possible.Family & Friends CPR is for people who want to learn CPR but do not need a course completion card in CPR for their job. This course is ideal for schools and students, new parents, grandparents, babysitters and others interested in learning how to save a lifeThese classes are open to anyone who lives or works in Wilmington and are free of charge. Spouses, parents, babysitters and anyone interested in learning a new skill and meeting new friends are encouraged to apply.There is some minor physical activity required for the course, such as kneeling on the floor and practicing skills learned in the class on manikins.Due to the extreme popularity that this course has enjoyed, the application periods are open for just short periods of time prior to each course.This course is sanctioned by the American Heart Association.Register HERE to sign up for the course.(NOTE: The above announcement is from the Wilmington Police Department.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedWilmington Police To Offer Free Citizen CPR Class On December 9In “Citizen CPR Class”10 Things To Do In Wilmington Today (December 9, 2015)In “5 Things To Do Today”Wilmington Police & Fire Chiefs Recognize The Officers & Citizens Who Responded To The Silver Lake TragedyIn “Government”last_img read more

Trumps Revolutionary War airport quote creates highflying meme

first_img Dearest, the battle for gate C4 was hard fought, but we prevailed. Alas, we ran out of ammunition, and had to lob our stores of Cinnabons at them. The sacrifices of war try our souls. #RevolutionaryWarAirportStories— Diane@hpochocolate1 (@hpochocolate1) July 5, 2019 One if by land/Two if by sea/Three if arriving at Terminal C #RevolutionaryWarAirport #loganairport pic.twitter.com/5HA58phVKP— Clint McGuire (@clintster) July 5, 2019 One if by land and two if by sir, you need to remove your belt and shoes. #RevolutionaryWarAirportStories— Swiftian Byronic Volcanic Robotics (@JbarGarden) July 5, 2019 Share your voice Betsy Ross and I joined the Mile-High Club on the red eye to Boston.#RevolutionaryWarAirportStories— BenjaminFranklin (@BenFranklinofPA) July 5, 2019 One if by land, two if by sea, I’ll text if by air.Paul Revere #TrumpHistory #ContinentalArmy— Nate Bell (@NateBell4AR) July 5, 2019 Dearest Harold, Please expect a delay of about a fortnight. I’ve been detained by security forces for carrying three extra ounces of moisturizer. Again. #RevolutionaryWarAirportStories— 🏝 Kim (@kim) July 5, 2019 White House releases 1776 era painting as proof of Trump’s startling history lesson.#RevolutionaryWarAirports #TrumpSpeech #TrumpParadeFail pic.twitter.com/0uqsO90nzM— End All Pointless Wars Now 🎥 🎸 ☮️ (@ProleUprising) July 5, 2019 During his July 4th speech, President Donald Trump says American forces “took over the airports” during the US War of Independence in the late 18th century.Planes were not used in warfare until the 20th century. pic.twitter.com/pxhYVdfGz4— Channel 4 News (@Channel4News) July 5, 2019 One of the prized possessions in my family is this commemorative postcard of the Lexington, Va. Militia occupying the terminal at DCA in 1777. #RevolutionaryWarAirports#RevolutionaryWarAirportStories pic.twitter.com/EYtlXcRmZE— Keith Gaddie (@GaddieWindage) July 5, 2019 Martha,Trying my damndest to make the 5:15 flight out of Philly, but the Valley Forge traffic is a nightmare. Leave a lantern on for me…Your, George#RevolutionaryWarAirportStories pic.twitter.com/ynerShnylr— Laura E. Hess (@LauraEHess2) July 5, 2019 #RevolutionaryWarAirportStories Little-Known Fact: We won because so many British soldiers couldn’t fit their muskets in the overhead bin on their flights over.— ReallyDon’tTrump (@reallyDontTrump) July 5, 2019 National Archives discover new pictures of the War of Independence. #RevolutionaryWarAirportStories pic.twitter.com/dvGaLYQoYE— Acdcnut (@Acdckcnut) July 5, 2019 Comments George Jefferson. Who famously rammed the ramparts at the battle of LaGuardia International at Gettysburg. #4thofJuly #RevolutionaryWarAirportStories pic.twitter.com/sourin13P5— Liisa Lee 🦋 (@Liisabelle) July 5, 2019 Little known fact: An immense fog that rolled in off the Atlantic grounded all flights at Logan. Otherwise, Paul Revere would have been able to implement his original plan:#RevolutionaryWarAirportStories pic.twitter.com/Gg7T3EbMxC— cosmo (@agpennypckr) July 5, 2019 More presidential memes Hey @Lin_Manuel, why did you leave the airports out of Hamilton?— drew olanoff (@yoda) July 5, 2019 Trump sits in a big truck, internet drives meme into ground Trump touched an orb and now Twitter is glowing crazy Who dis? First Presidential Alert prompts jokes on social media #RevolutionaryWarAirportStoriesThe Battle of Baggage Claim (1776) Many Lives were lost. And Bags too. Some people are saying it was the worst massacre they had ever seen.Art from @Acyn pic.twitter.com/ZuKfgy3ghd— Covfefe Jones- King Of Shade👑 (@King_Of_Shade) July 5, 2019 President Donald Trump on Friday blamed a malfunctioning teleprompter for his July 4 statement that Revolutionary War soldiers took over airports in 1775, a century before the Wright brothers were even born. At an Independence Day celebration in Washington, the president began speaking about the bravery of Revolutionary War troops and then seems to have shifted to the War of 1812, with some erroneous additions.”Our army manned the air, it rammed the ramparts, it took over airports, it did everything it had to do,” the president said.  One if by land. Two if by Hartsfield International. #RevolutionaryWarAirportStories— Pat Forde (@YahooForde) July 5, 2019 Dearest Martha, please find enclosed a tracking number for my lost luggage at Philadelphia. It shall arrive to Mount Vernon via carriage in 21-25 days. Also enclosed is a receipt for the cost of parking my horse at Dulles for the weekend. #RevolutionaryWarAirportStories— Shawna 🇺🇸⚔️🇬🇧 (@shawna1776) July 5, 2019 Online Politics Whatever the cause of the error, the presidential gaffe led to the creation of the Twitter hashtags #RevolutionaryWarAirports and #RevolutionaryWarAirportStories. Naturally jokes flew faster than an F-15.Many jokesters took famous Revolutionary War paintings and added airplanes and related items. “One of the prized possessions in my family is this commemorative postcard of the Lexington, Va. militia occupying the terminal at DCA in 1777,” Keith Gaddie wrote on Twitter. Dearest Maisie, we are holding the line at Auntie Anne’s near B7. Reinforcements just arrived from Newark, but they fled down the escalators. I fear we’re on our own. #RevolutionaryWarAirportStories— Anita Creamer (@AnitaCreamer) July 5, 2019 Actual footage of the U.S. Army storming the airports during the War of 1812: pic.twitter.com/z4CvvgjvzP— Derek Litvak (@TheTattooedGrad) July 5, 2019 2 Tags Others envisioned a very different history for the US, inventing battle names and heroic war stories. One Twitter user envisioned “The Battle of Baggage Claim (1776) . Many lives were lost. And bags too. Some people are saying it was the worst massacre they had ever seen.” “One if by land and two if by sea, and three if by air — don’t pahk the cah at Logan, the traffic is wicked hahd to get through.” #TrumpParadeFail pic.twitter.com/6p7c3dXxSW— Light_It_Up (@Light_It_Up27) July 5, 2019 One if by Land.Two if by Sea.Three if by the Delta Shuttle from LaGuardia. ~Paul Revere#RevolutionaryWarAirports #facts— Marco Price (@Primar13) July 5, 2019 And Paul Revere’s famed “one if by land, two if by sea” phrasing turned out to be very useful for the meme. “One if by land. Two if by sea. Three if by the Delta Shuttle from LaGuardia,” ran one version. Commander Sully crossed the Delaware and suprised the Hessians at Trenton #RevolutionaryWarAirportStories pic.twitter.com/JZ6Fl97UNF— JoeHarte (@therealjoeharte) July 5, 2019 General George Washington, #ContinentalArmy Fighter Pilot Specialist(The inspiration for Bill Pullman’s US President character in the motion picture,” #IndependenceDay “) #RevolutionaryWarAirports #RevolutionaryWarAirportStories pic.twitter.com/PrLfqNJhZu— Aldo F. Rodriguez (@AldoFRodriguez) July 5, 2019 “I knew the speech very well,” the president said, according to Fox News. “So I was able to do without a teleprompter, but the teleprompter did go out and it was actually hard to look at anyway because [there] was rain all over it.” The quote also inspired numerous parodies of letters home from soldiers, of the type made famous by dramatic readings delivered in filmmaker Ken Burns’ documentaries. “Dearest, the battle for gate C4 was hard fought, but we prevailed,” wrote one. “Alas, we ran out of ammunition, and had to lob our stores of Cinnabons at them.” Dearest Eliza,The men are near mutiny. The 4 ounce liquid limit means their rum ration has been severely curtailed. We may not survive this campaign.Yours Always,A. Hamilton #RevolutionaryWarAirports#RevolutionaryWarAirportStories— Charlie Heat (@earlyamhistory) July 5, 2019 Twitterlast_img read more

Instant Pot adds an air fryer to its line up with the

first_img Aug 30 • iRobot Roomba S9 Plus vs. Neato Botvac D7 Connected At the very least, the Instant Vortex still includes enough modes to be versatile. The $119 price is also reasonable, though our favorite Simple Chef model from a year ago is just $60 on Amazon right now. Part of our hesitation with air fryers was how poorly they stacked up to an actual Instant Pot. It’ll be interesting to see if the makers of the popular gadget can do better where the others faltered.  null Chris Monroe/CNET The newest kitchen gadget from the makers of the Instant Pot has an impressive seven cooking modes designed to serve up meals like a rotisserie chicken, as well as snacks like mozzarella sticks and french fries. The Instant Vortex Plus is an air fryer with a sizable capacity. In addition to the usual options, the Vortex includes extra presets like a dehydrate option for homemade jerky.The Instant Vortex Plus launched on Monday at Walmart. You can buy it now for $119. According to Instant Brands, the Vortex will roll out to other major retailers within the next couple of weeks. It holds 10 quarts of food. While it’s primarily an air fryer, six other cooking presets mean it can roast, broil, bake, reheat and dehydrate, plus there’s an option to rotate the included rotisserie spit. “We’re really excited to deliver a new product that gives our consumers the amazing deep fried taste without compromise,” said Katie Whiting, Instant Brands Marketing Director in a statement emailed to CNET. “They can create healthier versions of their favorite dishes and do so in a fast, easy and convenient way.”The Instant Pot pressure cooker gained popularity thanks to its versatility. The different cooking modes let you whip up a wide variety of delicious meals. When we tested air fryers last year, we found them to be more limited. They’re functionally just convection ovens shrunk down for your countertop, but the more focused heat of the smaller body supposedly makes them perfect for snack foods. We did have some tasty pizza rolls during testing, but still found it hard to get excited about any model. Instant Pot Smart WiFi lets you pressure cook from your phone Don’t believe the hype about air fryers Update, 8:12 a.m. PT: Added quote from Instant Brands’ Katie Whiting and a new image. • Share your voice See All CNET Smart Home CNET Smart Homecenter_img 0 Now playing: Watch this: Aug 31 • Best smart light bulbs for 2019 (plus switches, light strips, accessories and more) Aug 30 • Battling bot vacs: iRobot Roomba S9+ vs Neato Botvac D7 Connected Tags reading • Instant Pot expands into air fryers with the $120 multifunction Instant Vortex Plus Aug 31 • Alexa can tell you if someone breaks into your house 6 Photos 2:16 Smart Home Small Applianceslast_img read more

Crude Oil Prices Could Fall into 4050 Range Again Barclays

first_imgAlready reeling from excess supply, crude oil prices may fall further if sanctions on Iran are eased, since supplies from Iran would double the surplus, currently estimated at 1.2 million barrels a day.  Oil prices, which rallied last week following Saudi Arabia’s military attacks in neighbouring Yemen to suppress the Houthi rebels, gave up all the gains on Monday as talks progressed on Iran’s nuclear programme. Traders had believed that the escalation of geo-political tensions in the Middle East would lift prices up. However, oil prices extended their losses to hit $56 per barrel on Monday.Discussions are underway between officials from Iran and six world powers to curb Tehran’s nuclear programme and both the parties will have to reach an agreement by next Tuesday. If there is a deal, sanctions on Iran will be lifted and the country will be allowed to export oil.”Iran is very important in terms of market balances because they can add in another million barrels. However, just to give you numbers again the current oil markets surplus about demand and supplies already 1.2 million barrels a day. So when Iran is also allowed to come back in to the market once the sanctions are removed that would double the market surplus,” said Miswin Mahesh, energy analyst, Barclays, to CNBC-TV18.Saudi Arabia, the world’s largest oil exporter, has recently rejected the idea of cutting oil production to shore up prices, even as some members of Organization of the Petroleum Exporting Countries (OPEC) lobbied for cutback in supply.”We think Brent could easily fall into the $40-50 per barrel range again in terms of barrel per dollar and obviously with the WTI discount I would mean WTI in the late 30’s early 40’s that is the levels that we see as a point where you need that price at least for some of the low cost producers to actually make a good sizable return,” Mahesh added.last_img read more