Source: FX Empire

The official website of the Kataeb Party leader
Israeli airstrikes across southern Lebanon and the Bekaa Valley intensified on Tuesday, as Israeli forces pressed further into southern territory in operations marked by widespread destruction, the demolition of homes and infrastructure, and the forced displacement of residents from dozens of villages.
Tuesday, May 12, 2026
Heavy Israeli military vehicles have crossed the Litani River in southern Lebanon, Israeli Army Radio reported Tuesday, in what it described as part of a ground operation north of the waterway.
Tuesday, May 12, 2026
For 26 years, the issue of Lebanese exiles to Israel has remained the most complex case in modern Lebanese history. This wound, still bleeding in the conscience of those families, also represents a political and humanitarian stain on the Lebanese state, or rather on the successive authorities that failed to address the matter objectively and with an untainted memory, free from the selectivity and distortions resulting from the dominance of the “Resistance Axis,” which appointed itself both adversary and judge, imposing its ideological perspective on the standards of treason and patriotism.
Tuesday, May 5, 2026
Iran’s economy is buckling. Under a US blockade, the Islamic Republic faces its most severe economic distress in years. For Hezbollah, which has long benefited from Iran’s expansive largesse, this begets a serious question: how to replace its financial patron. The terror group’s best option outside the Middle East is its West Africa network.
Monday, May 4, 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.

The official website of the Kataeb Party leader

