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Wednesday, March 30, 2016

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Football: Goetze helps Germany rout Italy to redeem England defeat

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MUNICH (AFP) - Mario Goetze brushed off a frustrating season on Bayern Munichs bench to net in Germanys 4-1 thumping of Italy on Tuesday as the world champions redeemed their England defeat.Goetze, who scored the winner in the 2014 World Cup final, netted Germanys second goal against Italy at Bayerns Allianz Arena in Munich after Toni Kroos had put the hosts ahead.Defender Jonas Hector and Arsenal midfielder Mesut Ozil netted in the second-half before replacement Stephan El Shaarawy scored Italys late consolation goal.The win, Germanys first over Italy for 21 years, boosts confidence four days after losing 3-2 to England in Berlin.Goetze put himself in the shop window with a goal-scoring performance in his 50th international.With a year left on his Bayern contract, Goetze is weighing up his options after just four starts this season under Pep Guardiola.For next season, he has been linked to Liverpool, to work again with Jurgen Klopp, or a return to Borussia Dortmund, who Bayern paid 37 million euros ($41.8m) for him in 2013.This was Germanys first win over Italy in the ninth meeting since their 2-0 victory in a 1995 friendly.There was more bad news for the Azzurri as centre-back Leonardo Bonacci was stretchered off in the second-half after clutching his hamstring.The win was a welcome tonic for Germany as head coach Joachim Loew made five changes from the team which threw away a two-goal lead against England.Thomas Mueller set up Germanys first two goals and skippered his country for the first time on his 70th appearance.Italy were disappointing having drawn 1-1 with defending European champions Spain last Thursday.Their captain and goalkeeper Gianluigi Buffon won his 156th cap.But the 38-year-old leaked four goals in Munich, just as he did for Juventus in their 4-2 defeat, and Champions League last 16 exit to Bayern, a fortnight ago.Kroos gave Germany the lead when he fired Muellers cross past Buffon on 24 minutes.Germany doubled their tally on 44 minutes when Mueller chipped to Goetze, who shook off two defenders to head home.Hector scored the third when Julian Draxler broke free of Bonacci, who dropped to the turf, on 59 minutes.Draxler sprinted clear and squared for Hector to fire home with the Italy defence in tatters.Buffon was lucky to stay on when he brought down Germany wing-back Sebastian Rudy in the area on 74 minutes.Austrian referee Oliver Drachta kept his cards in his pocket and Ozil fired home the resulting penalty.El Shaarawy beat Marc-Andre ter Stegen, in for the ill Manuel Neuer, from outside the box on 83 minutes for Italys consolation.Germany have pre-Euro 2016 warm-up games against Slovakia and Hungary in the fortnight before their opening Group C game against Ukraine on June 12.The Azzurri will face Scotland and Finland before their opening Euro 2016 match against Belgium in Group E on June 13.

Colombia to charge two generals over civilian killings

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BOGOTA (AFP) - Colombian prosecutors will charge two army generals for their alleged role in the murders of civilians who were later presented as rebels killed in combat, sources said Tuesday.The military has been under fire for years over a scandal in which army units are accused of killing thousands of civilians, mostly poor young men, from 2002 to 2008 and reporting them as FARC rebels or drug traffickers.The extrajudicial killings, which inflated the number of insurgents killed in combat, earned promotions, decorations and perks for those who took credit.But prosecutors will now bring homicide charges against General Henry Torres and former army commander Mario Montoya, a highly decorated retired general, in the so-called false positives case, prosecution sources told AFP.Torres was arrested Monday -- the first active-duty general detained in the case -- and is being held at a military base in Bogota.Both men face up to 40 years in prison.The army high command said it stood by Torres but promised to continue supporting and providing all information requested by the authorities.In all, 22 generals are under investigation.Colombia is the scene of a half-century guerrilla war that has killed more than 260,000 people.The FARC and the government say they are closing in on a peace accord after three years of negotiations, but Human Rights Watch warned Monday that a deal risked sweeping the false positives atrocities under the rug.Montoya is known in Colombia for leading two high-profile operations, one that freed 15 hostages including politician Ingrid Betancourt and another that killed the FARCs second-in-command, Raul Reyes.Montoya led the army during a crushing crackdown on the Marxist rebels under former president Alvaro Uribe (2002-2010), when current President Juan Manuel Santos was defense minister.Montoya stepped down in 2008, after 11 young civilians who went missing outside the capital Bogota were presented as rebels killed in clashes.Prosecutors accuse him of pressuring subordinates to fudge their combat figures and failing to prevent civilian killings.Torres is accused of involvement in the murder of a father and son in 2007, when he was a brigade commander.Human Rights Watch says more than 4,000 civilian deaths were presented as insurgents killed in combat.

Shahid Afridi apologizes to nation over poor performance in WT20

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LAHORE (Dunya News) – Pakistan’s national cricket team Captain Shahid Afridi Wednesday apologized to the nation over the team’s performance in World T-20 tournament. In a video statement issued on a social media website, Afridi stated that he was sorry that the team’s performance was not up to par with the public’s expectations.The team’s skipper added that the Pakistan’s cricket team was not just a squad of 11 players but rather a team of the entire nation. Afridi stated that he had been playing for Pakistan for the past 20 years and went down to play in the field with emotions that mirrored those of the entire nation.He stated that he was only addressing the Pakistan team’s fans, adding further that he was not concerned what anybody was thinking of him. The T-20 Captian stated that he was disappointed that he was disappointed over the team’s dismissal from the World T-20 tournament.With smashing televisions, burning bats and a rage that seemed to boil out of control, Pakistan’s passionate cricket fans were left in anguish once again, as Pakistan failed to perform in the tournament losing 3 of the matches against India, New Zealand and Australia while managing to secure only against Bangladesh.WATCH VIDEO BELOW:

Tennis: Top-ranked Djokovic battles into Miami quarters

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MIAMI (AFP) - World number one Novak Djokovic advanced to the quarter-finals of the ATP and WTA Miami Open on Tuesday by defeating Austrian 14th seed Dominic Thiem 6-3, 6-4.Two-time defending champion Djokovic, a five-time Miami winner overall, reached a last-eight date against Czech seventh seed Tomas Berdych, who outlasted French 10th seed Richard Gasquet 6-4, 3-6, 7-5.Berdych has won only two of 24 meetings with Djokovic, having lost their past nine matches since a 2013 Rome quarter-final victory.Djokovic, also a champion at Indian Wells and Doha this year, stretched his Miami win streak to 13 matches and 27 of his past 28 in all, but not without a struggle.Djokovic fought off 13 of 14 break points, four of them in a dramatic 14-minute final game before hitting a forehand winner on his fourth match point opportunity.He played really well, Djokovic said. It was a straight-set win but it was far from easy. I kept my serves. But I made a lot of double faults and he had me under a lot of pressure.The 28-year-old Serbian made eight double faults and 29 unforced errors against only two aces and eight winners.Djokovic won his 11th Grand Slam title two months ago at the Australian Open and has also won this year at Doha and Indian Wells while Thiem captured titles last month at Acapulco and Buenos Aires.Djokovic broke Thiems first service game and held from there to claim the opening set, but not before fighting off four break points in the last game, finally taking it on a service winner.Breaking Thiem again for a 2-1 edge in the second set, Djokovic finally surrendered a break with a double fault to pull Thiem level 3-3, only to break back in the next game and hold to the thrilling finish.Romanian fifth seed Simona Halep was ousted 4-6, 6-3, 6-2 by 19th-ranked Swiss Timea Bacsinszky, who advanced to a semi-final against the winner of a later match between Russians Svetlana Kuznetsova and Ekaterina Makarova.To beat someone who fights as hard as she does, its something amazing, Bacsinszky said. Im happy with it.Bacsinszkys lucky charm and friend, Swiss womens overall Alpine ski champion Lara Gut, was in the crowd.Only one of the 12 top womens seeds remains, German number two Angelique Kerber, who beat Serena Williams in the Australian Open final for her first Grand Slam title. She plays American Madison Keys on Wednesday for a semi-final spot.Only four of the top 10 mens seeds reached Miamis last 16, matching an event record low, with three of them in the same quarter of the draw.The fourth is Japanese sixth seed Kei Nishikori, who plays Spanish 17th seed Roberto Bautista Agut in a night match.Australian 24th seed Nick Kyrgios, the youngest top-30 ATP player at age 20, reached the quarter-finals with a 7-6 (7/3), 6-3 victory over Russias 51st-ranked Andrey Kuznetsov.Kyrgios, off to a career-best 13-3 start that includes his first ATP title last month at Marseille, next plays Canadian 12th seed Milos Raonic, who ripped Bosnian Damir Dzumhur 6-0, 6-3.The Aussie never trailed in the tie-breaker and took the only break of the second set when Kuznetsov double faulted away the fourth game.Despite the defeat, Kuznetsov is assured of cracking the top 50 for the first time and becoming Russian number one.Raonic breezed through the first set in 21 minutes and ended matters with his 11th ace after only 54 minutes.Belgian 15th seed David Goffin reached the quarter-finals with a 7-5, 6-3 victory over Argentinas 112th-ranked Horacio Zeballos, a qualifying lucky loser who made the field only after Roger Federer withdrew due to illness.Goffin, who reached the Indian Wells semi-finals before losing to Raonic, will next face French 18th seed Gilles Simon, who routed 88th-ranked compatriot Lucas Pouille 6-0, 6-1 in 57 minutes.

Tennis: Berdych advances but Halep eliminated at Miami

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MIAMI (AFP) - Czech seventh seed Tomas Berdych moved into the quarter-final path of world number one Novak Djokovic at the ATP and WTA Miami Open on Tuesday while Simona Halep joined the exodus of top womens talent.Berdych fired 12 aces in defeating 10th seed Richard Gasquet 6-4, 3-6, 7-5 to square his career record against the Frenchman at 7-7.Im happy with the way I played, Berdych said. It was a tough match. Richard played really well. I came through in the end and took my chances and won.Two-time defending champion Djokovic, a five-time Miami winner overall, must beat Austrian 14th seed Dominic Thiem in a later match to book a last-eight date against Berdych.Romanian fifth seed Halep was ousted 4-6, 6-3, 6-2 by 19th-ranked Swiss Timea Bacsinszky, who advanced to a semi-final against the winner of a later match between Russians Svetlana Kuznetsova and Ekaterina Makarova.To beat someone who fights as hard as she does, its something amazing, Bacsinszky said. Im happy with it.Bacsinszkys lucky charm and friend, Swiss womens overall Alpine ski champion Lara Gut, was in the crowd.Only one of the 12 top womens seeds remains, German number two Angelique Kerber, who beat Serena Williams in the Australian Open final for her first Grand Slam title. She plays American Madison Keys on Wednesday for a semi-final spot.Halep, the 2014 French Open runner-up, also crashed out in the Australian Open first round.Djokovic, also a champion at Indian Wells and Doha this year, has won his past 12 Miami matches and 26 of his past 27.The 28-year-old Serbian won his 11th Grand Slam title two months ago at the Australian Open.Berdych has won only two of 24 meetings with Djokovic, having lost the past nine matches since a 2013 Rome quarter-final victory.Thiem, who captured titles last month at Acapulco and Buenos Aires, and Djokovic have each won an ATP-best 24 matches this year.Only four of the top 10 mens seeds reached Miamis last 16, matching an event record low, with three of them in the same quarter of the draw.The fourth is Japanese sixth seed Kei Nishikori, who plays Spanish 17th seed Roberto Bautista Agut in a night match.Australian 24th seed Nick Kyrgios, the youngest top-30 ATP player at age 20, reached the quarter-finals with a 7-6 (7/3), 6-3 victory over Russias 51st-ranked Andrey Kuznetsov.Kyrgios, off to a career-best 13-3 start that includes his first ATP title last month at Marseille, next plays the winner of a later match between Canadian 12th seed Milos Raonic and Bosnian Damir Dzumhur.The Aussie never trailed in the tie-breaker and took the only break of the second set when Kuznetsov double faulted away the fourth game.Despite the defeat, Kuznetsov is assured of cracking the top 50 for the first time in his career and becoming Russian number one.Belgian 15th seed David Goffin reached the quarter-finals with a 7-5, 6-3 victory over Argentinas 112th-ranked Horacio Zeballos, a qualifying lucky loser who made the field only after Roger Federer withdrew due to illness.Goffin, who reached the Indian Wells semi-finals before losing to Raonic, will next face French 18th seed Gilles Simon, who routed 88th-ranked compatriot Lucas Pouille 6-0, 6-1 in 57 minutes.

Football: Janssen, Narsingh bring England back to earth

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LONDON (AFP) - Substitute Luciano Narsinghs contested 77th-minute winner brought England back down to earth as the Netherlands came from behind to claim a 2-1 victory in Tuesdays friendly at Wembley.England were looking to build on Saturdays fine 3-2 victory over world champions Germany and went ahead late in the first half when Jamie Vardy completed a neat move to score his second goal in two games.But Vincent Janssen equalised from the spot in the 50th minute and then teed up Narsingh for what proved to be the winner, despite appearing to barge England substitute Phil Jagielka to the ground in the process.It was Englands final game before manager Roy Hodgson names his squad for Euro 2016 on May 12 and although he named a much-changed side, the defeat will dampen some of the euphoria sparked by the win in Berlin.Danny Blinds Netherlands have not qualified for the Euros, but their second-half display saw them extend their unbeaten run against England to seven matches.Englands stirring win over Germany had fired their fans imaginations, but a team showing eight changes made a ponderous start on a cold, drizzly evening in west London.Visiting right-back Joel Veltman might have won an early penalty following a late challenge by Danny Rose, while England goalkeeper Fraser Forster was tested by Ibrahim Afellay and Georginio Wijnaldum.Hollands players were sporting the number 14 on their chests in memory of late Dutch great Johan Cruyff, in a nod to his iconic shirt number, and the stadium rose to applaud in unison when the former Ajax and Barcelona stars face was shown on the big screens in the 14th minute.The mood otherwise was somnolent, but as the half progressed England -- for whom Leicester City midfielder Danny Drinkwater made his debut -- began to land cuffing blows.Vardy slashed over following a one-two with Rose, while Daniel Sturridge, making his first start in 18 months, and John Stones had shots blocked and Ross Barkley drilled narrowly wide from 20 yards.After Hollands Quincy Promes had limped off, to be replaced by Narsingh, England went ahead in stylish fashion, Adam Lallana feeding Kyle Walker to cross for Vardy to knock in his second international goal.Sturridge and Lallana both threatened early in the second half -- the former testing Jeroen Zoet at his near post, the latter curling wide -- but within five minutes of the restart, the visitors were level.Stoness calamitous slip let in Janssen and although Forster produced a one-handed save to thwart him, the AZ Alkmaar striker prevailed at the second attempt with a penalty after Narsinghs cross from the right struck Roses dangling right hand.England looked to reassert their advantage, Zoet acrobatically repelling Vardys long-range strike and Theo Walcott, a replacement for Sturridge, seeing a shot blocked by Daley Blind before driving over the bar.Further attacking reinforcement arrived in the shape of Harry Kane, who replaced Lallana, but it was the Netherlands who struck again.Jagielka looked to have been fouled by Janssen as the pair contested a ball inside the England box, but referee Antonio Miguel Mateu allowed play to continue and the Dutch number nine crossed for Narsingh to slam home.The stadium was silenced and the closest England came to raising the volume was a left-foot effort from Kane that flashed a fraction wide.

Football: Kante sparks impressive France in friendly victory

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PARIS (AFP) - NGolo Kante celebrated his birthday with a goal on his first international start to set France up for a 4-2 friendly win against Russia on an emotional return to the Stade de France on Tuesday.Kante opened the scoring just eight minutes into his full debut for Les Bleus and Andre-Pierre Gignac doubled the lead before Alexander Kokorin headed in for Russia in the second half.Dimitri Payet then demonstrated how important he can be to the French side with a stunning free-kick just after the hour mark, and Kingsley Coman netted in equally spectacular fashion after Yuri Zhirkov added another goal for the Russians in an entertaining contest.Despite the goals conceded, it was a very encouraging win for the Euro 2016 hosts on the night international football returned to the Stade de France just over four months on from the terror attacks that took place just outside the ground and elsewhere in Paris.Security was extremely tight for a game played in front of a crowd of around 65,000 that included French president Francois Hollande at the stadium that will host the European Championship final in July.And fortunately this time the football took centre stage as Didier Deschampss team displayed why they must be considered among the favourites to win the title on home soil.Leicester City sensation Kante had made his France debut from the bench in last Fridays 3-2 win in the Netherlands and was handed a first start here as Deschamps made six changes to his line-up.On his 25th birthday, he needed barely eight minutes to get his first international goal, arriving late in the penalty box and coolly finishing past Igor Akinfeev at the end of an excellent move that featured Paul Pogba, Gignac and Antoine Griezmann.The second goal arrived nine minutes before half-time, with Gignac -- now playing his club football in Mexico -- putting forward his case for a berth in the France squad as he met Griezmanns free-kick from the left with a fine diving header at the near post.A strong Russia side made up largely of players from leading clubs CSKA Moscow and Zenit St Petersburg were disappointing in the first half but they got a goal back 11 minutes into the second period when Kokorin escaped his marker to head in an Alan Dzagoev free-kick.Just before that, France had seen substitute Jeremy Mathieu hobble off only eight minutes after his introduction, but two other replacements had a far more positive impact on the game.West Ham United star Payet, like Kante one of the players of the season in the Premier League, curled in a brilliant free-kick only moments after coming off the bench.Bayern Munichs teenage winger Coman, also on from the bench, had won the free-kick that led to that goal and he got his name on the scoresheet with a stunning finish from a tight angle after rounding substitute goalkeeper Yuri Lodygin.In between those two strikes, Zhirkov netted from an Oleg Shatov cutback but the goals conceded were the only black mark on a positive night for France in their final match before Deschamps names his 23-man squad for the Euros in May.

Cycling: Kristoff takes first stage of De Panne

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BRUSSELS (AFP) - Alexander Kristoff proved he has rediscovered his form ahead of the defence of his Tour of Flanders title as he won the first stage of Three Days of De Panne on Tuesday.The Norwegian edged out Astana pair Alexei Lutsenko and Lieuwe Westra in a sprint finish at the end of the 198km stage from De Panne to Zottegem.Kristoff won the race last year as well before going on to claim Tour of Flanders glory just three days later.It was a welcome return to form for the 28-year-old had seemed out of sorts last week at E3 Harelbeke and then Gent-Wevelgem, the first two cobbled classics of the season.He had complained of having no legs at E3 and was ill two days later at Sundays Gent-Wevelgem race.Ive been a bit sick, and I think I needed this day, said Kristoff. I hope I have better legs tomorrow, I was suffering all day today. In the end I managed to win but I was really struggling.Katushas Kristoff, who won three of the four stages last year, now leads by a second from Kazakh Lutsenko and six seconds to Dutchman Westra in the overall standings.At the start of the days racing, the peloton observed a minutes silence in memory of Belgian duo Antoine Demoitie and Daan Myngheer, who died on Sunday and Monday respectively.Demoitie, 25, died after crashing with a motorbike during Gent-Wevelgem.Myngheer, 22, suffered a heart attack during the Criterium International.Wednesdays second stage is 211km long from Zottegem to Koksijde.

Lahore: CIA police exterminates 5 terrorists during action in Raiwind

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LAHORE (Dunya News) – Crime Investigation Agency’s (CIA) police late Tuesday night exterminated 5 terrorists during action in Lahore’s Raiwind area. Explosives material, 2 Kalashnikovs, 10 grenades and 10 time devices and 3 pistols were recovered from the terrorists.According to the details, terrorists had rented a house in LDA Avenue. 3 of the killed suspects have been identified and include Khan Waheed, Nasir and Junaid.2 of the suspects could not be identified as of yet.

Islamabad protest: 2nd round of negotiations fail, 3rd to be held today

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ISLAMABAD (Dunya News) – Second round of negotiations between the government delegation and protesting attendees of the chehlum of Mumtaz Qadri failed Tuesday. A third round for discussing the issue will be held at 12:00 pm today (Wednesday), according to the leader of the protest, Dr. Asif Jalali. He added that they were hopeful that ‘good news’ will be announced after the third round of dialogue.On a question regarding the arrested protesters, Jalali rejected that those who caused the destruction were part of the protest, saying that their protest was peaceful.Federal Minster of the Interior Chaudhary Nisar Ali Khan had earlier announced that the government has decided to evacuate the D-Chowk today from the demonstrators, who have arranged a sit-in there for the past three days.Nisar said that the attendees of the chehlum of Mumtaz Qadri earlier promised to peacefully disperse. However, one faction of the attendees disregarded their word and even tried to politicise the entire situation.Meanwhile preparations by law enforcement agencies to remove protesters from the area have been completed.Islamabad police, Frontier Corps (FC) and Rangers have assumed control of the Red Zone. One thousand officers belonging to the Punjab constabulary will also take part in the operation. Police has been equipped with large sums of tear gas shells.

Karachi: Five accused arrested during police operations

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KARACHI (Dunya News) – Police conducted search operations in different parts of Karachi on Tuesday during which five accused were taken into custody, Dunya News reported.According to detail, police conducted an operation in Ittehad Town area and detained three accused. Police sources said that the arrested accused, Manzoor, Saghir and Shabaz, were involved in extortion and street. Explosive material and arms were also recovered from them.Police also conducted an operation in Manghu Pir area and arrested two accused. Police sources said that the arrested accused were involved in several cased of murders and robberies. Large quantity of drugs and arms were also recovered from their possession.

Karachi: Protesters, govt team's negotiations fail as protest continues

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KARACHI (Dunya News) – Negotiations between the Sindh governments team and protesters, part of the demonstrations in Islamabad, broke down late Tuesday night as the protest continues at Numaish Chowrangi, Karachi. Due to the ongoing demonstrations, both tracks of M.A Jinnah road have been closed for traffic.Pakistan Peoples Party (PPP) leader and Advisor to CM Sindh Abdul Qayyum Soomros protocol was also pelted with stones by the protesters. Soomro had earlier arrived for dialogue with the demonstrators. Sindh government had earlier decided not to conduct action against the demonstrators in the night time. An additional contingent of police posted earlier was also removed from the area and its surroundings. According to the details, traffic flow was severely disrupted as protesters staged a sit in at Numaish Chowrangi. Police had earlier given the protesters an ultimatum to vacate the area while a heavy contingent of police along with water cannon was also designated at the site for conducting action against the demonstrators.Soomro had held negotiations with the demonstrators and had assured the release of arrested protesters. He appealed to the demonstrators to vacate the blocked road.Protesters had asked for some time in order to discuss the issue with central leadership holding a protest in Islamabad, but later rejected the governments demand.

Lahore: Police detain 23 suspects during search operation

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LAHORE (Dunya News) – According to details, heavy contingents of Allama Iqbal Town and Gulshan-e-Iqbal police conducted search operation in Allama Iqbal Town area of Lahore on Tuesday, Dunya News reported.The identification documents of the residents and suspected vehicles were checked during search operation.Police detained 23 persons who failed to provide identification documents during search operation and shifted them to police station for further investigation.

Experts unsatisfied with India's nuclear security, praise Pakistan

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LAHORE (Dunya News) – Lapse in security of India’s nuclear assets was revealed Tuesday by international experts during a Nuclear Security Summit. The experts expressed severe reservations over India’s protection of its nuclear material. On the other hand, Pakistan‘s steps for the security of its nuclear assets was highly commended during the conference.According to the details, experts of the international conference stated that there have been 5 cases of nuclear material theft in India over the past two decades. They added that the extent of security failure is so great that in 2013 guerrilla militants had stolen Uranium from the Army Complex, but the Indian army remained completely unaware of the incident.Meanwhile International nuclear experts appeared to be satisfied with Pakistan’s security measures for the protection of its nuclear installations.

Oil falls on supply worries ahead of US inventory data

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NEW YORK (AFP) - World oil prices retreated Tuesday as worries about global oversupply returned to the forefront ahead of a US petroleum inventory report.US benchmark West Texas Intermediate for May delivery lost $1.11 at $38.28 a barrel on the New York Mercantile Exchange. Brent North Sea oil for May delivery fell $1.13 to $39.14 a barrel in London.The losses came ahead of a Wednesday US petroleum inventory report that many analysts believe will show another build in supplies.Analysts also cited rising doubts about a potential deal of major producers to limit output, with those questions underscored by an agreement Tuesday between Saudi Arabia and Kuwait to resume pumping oil at the offshore Khafji field.Production at Khafji, which pumped over 300,000 barrels per day and was jointly operated by the two countries, was halted in October 2014. Riyadh cited environmental issues for the shutdown.But the two sides plan to ramp up output gradually, said Kuwait acting oil minister Anas al-Saleh. However, analysts questioned how the Khafji deal fits into a promise by Saudi Arabia and Kuwait to abide by a potential agreement of major producers to cap output. Major producers are set to convene in Qatar in April.A freeze may be tested by Khafji, said Tim Evans, analyst at Citi Futures.Without some clarification to the effect that overall output wont be increased, even the freeze idea may not hold, Evans said.Gary Cunningham, manager of market research at Tradition Energy, said even if a deal among major producers is enacted and respected, youre still going to have considerable overproduction.Oil prices rallied a bit following a speech by Federal Reserve Chair Janet Yellen that signaled a cautious approach to further US interest rate hikes, depressing the dollar. A weaker dollar is supportive of oil prices, but analysts said the impact was not enough to offset concerns about oversupply in the oil market.

Posted by IMRAN ALI SOOMRO (DARVESH) at 3/30/2016 07:12:00 AM

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