NEW YORK: Oil prices tumbled Monday amid a strengthening US dollar and profit taking after strong gains chalked up recently but analysts do not see a let-up in the recent rally.New York’’s main futures contract, light sweet crude for delivery in July, shed 1.42 dollars from Friday’’s close to end at 70.62 dollars a barrel. It fell below the 70-dollar level in early trading. London’’s Brent North Sea crude for July shed 1.48 dollars to 69.44 dollars. John Kilduff of MF Global attributed the falling oil prices to the dollar, which gained strength Monday, and profit taking from recent eight-month-high prices. “It might be seen as getting a little bit ahead of itself and there’’s some profit taking,” he said. “Some take excuses as well from the equity market that’’s also under pressure.”Kilduff said he did not expect the recent oil price surge arising from hopes of a global economic recovery to end. “We”ve seen this a number of times in the recent weeks, so it’’s hard to declare the rally’’s over just on this one day move down: the dollar will reweaken and it looks like there’’s a consensus building that crude oil inventories will draw down,” he added. A weaker dollar makes crude cheaper for buyers holding stronger currencies and that in turn tends to stimulate demand and push the market higher. The greenback particularly rose against the euro Monday following a spike in eurozone job losses and fresh concerns the credit crunch could stifle tentative signs of recovery there.”Oil is the weak star due to dollar strength,” Phil Flynn of Alaron Trading said. Oil jumped above 73 dollars last week, hitting 73.23 dollars in New York on Thursday — the highest level since October — amid hopes of a global economic recovery. Last week, oil also found support after the International Energy Agency raised projections for world oil demand by 120,000 barrels a day to 83.3 million in 2009, up from its 83.18 million forecast in May. Sliding crude oil inventories in the United States, which is the world’’s biggest energy consuming nation, added to the momentum.
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LONDON: West Indies were set a revised target of 80 in nine overs to beat England in their World Twenty20 Super Eights match at the Oval here on Monday under the Duckworth/Lewis rule for rain-affected matches.Whoever won this match would go through to the semi-finals from Group E along with South Africa.If West Indies finished on 79 at the end of nine overs, an ”eliminator over” would be used to determine the winner. England, whose innings was interrupted by a 30-minute rain break, made 161 for six in their full 20 overs.But a fresh downpour delayed the start of the West Indies” reply and that led to the re-calculation.West Indies needed to bat for a minimum of five overs for a result to be achieved in this match, otherwise it would end as a no-result draw.If that was the case, West Indies would go through to the last four because of their superior run-rate before this fixture.
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OVAL: The target for Windies has been reduced to 80 runs in 9 overs through the Duckworth Lewis Method (DLM) in an ICC World Twenty20 qualifier for the semis here after rain hit English-Windies match on Monday, Geo news reported.
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LONDON: Stuart Broad scored a four and a six off the last two balls of the innings to take England to 161 for six in their winner-takes-all World Twenty20 clash with the West Indies.Whoever won Monday’’s match here at the Oval would go through to the semi-finals out of Group E alongside South Africa. Ravi Bopara led the way with 55 but no other batsman made more than Kevin Pietersen’’s 31 and it seemed as if England might struggle to get much beyond 150 before Broad’’s late assault on left-arm spinner Sulieman Benn.All-rounder Dwayne Bravo led the West Indies attack with two wickets for 30 runs from his four overs.England’’s innings was interrupted by a 30-minute rain break in the 17th over and three deliveries into the resumption captain Paul Collingwood was lbw to Bravo to leave the hosts 132 for five.For the second time in two days Pietersen came in when England were in single figures after Luke Wright, just as he”d done in the three-wicket win over India on Sunday which ended the defending champions” interest in the tournament, went cheaply off a miscued pull.Pietersen, who made 46 against India, pulled his first ball, from Pollard, for four and next ball flicked him behind square for another boundary.Opener Bopara too showed plenty of class in on-driving Darren Sammy, a late replacement for the injured Fidel Edwards (back) and fellow quick Jerome Taylor for high quality boundaries.But a stand worth 56 was ended when Pietersen was caught by Andre Fletcher at deep square leg off medium-pacer Lendl Simmons for 31.Owais Shah sparkled briefly, flicking Taylor for six, but he was out for 18 when Fletcher took a fine catch running back off Bravo and England then didn”t managed another boundary until Broad’’s last over dash.Bopara, having made a fine fifty, could not press on. He fell when he went back played across the line to occasional off-spinner Chris Gayle, the West Indies captain. He faced 47 balls with five fours.West Indies needed to bat for five overs for this game to constitute a match. If it ended as a no-result washout they would go through to the last four instead of England on superior run-rate.
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LONDON: The West Indies have qualified for the semi-finals as they defeated England in the rain-delayed Super Eights under the Duckworth/Lewis rule for rain-affected matches here at The Oval on Monday. They were set a revised target of 80 runs from nine overs after rain interrupted the game. However, they achieved it in 8.2 overs for the loss of five wickets.LONDON: Ramnaresh Sarwan and Shivnarine Chanderpaul steered the West Indies into the semi-finals of the World Twenty20 at England’’s expense as they beat the hosts by five wickets on the Duckworth/Lewis method here Monday.West Indies, set a revised target of 80 in nine overs after rain delayed the start of the second innings, finished on 82 for five at the Oval with four balls to spare to triumph in a Super Eights match where the winners knew they were going through to the last four.Sarwan was 19 not out and Chanderpaul 17 not out, their unbroken stand worth 37 after West Indies had been wobbling at 45 for five in the sixth over.But the experienced duo got the target down to 16 off two overs.And that became four off seven balls when left-hander Chanderpaul clipped Stuart Broad off his pads for a boundary.They were left needing three off the last over from Ryan Sidebottom and Sarwan’’s second ball four saw them home. Earlier, West Indies captain Chris Gayle square cut James Anderson for four but later in the first over opening partner Andre Fletcher fell for his third straight duck when he skied the bowler to wicket-keeper James Foster.That left the West Indies six for one but in the next over, from left-arm quick Sidebottom, Gayle drove and square cut two superb boundaries.However, with his fifth ball, Sidebottom bowled the left-hander for 15 and the West Indies were 16 for two.And the very next ball that became 16 for three when Lendl Simmons was out for a golden duck after a cut off Stuart Broad flew straight to Sidebottom at third man.But Kieron Pollard rallied West Indies by driving off-spinner Graeme Swann for six. Leg-spinner Adil Rashid was then launched for six first ball over extra-cover by Dwayne Bravo but hit back fourth ball to bowl Pollard.
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Pakistan ended Ireland’s slim hopes of qualifying for the World Twenty20 semi-finals with a 39-run victory at the Oval here on Monday.
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Pakistan booked their place in the World Twenty20 semi-finals and ended Ireland’s slim hopes of qualifying for the last four with a 39-run victory at the Oval here on Monday.
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Pakistan beat Ireland by 39 runs in their World Twenty Super Eights Group F match at the Oval here on Monday.
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KARACHI: Four officials of Karachi police including CCPO are reported to have been transferred, sources said on Monday.
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LONDON: Pakistan ended Ireland’’s slim hopes of qualifying for the World Twenty20 semi-finals with a 39-run victory at the Oval here on Monday.Pakistan made 159 for five and then held Ireland - the only non-Test side to have qualified for the second round Super Eights - to 120 for nine, with off-spinner Saeed Ajmal taking four wickets for 19 runs.Victory all but assured Pakistan of a place in the last four with Tuesday’’s match between New Zealand and Sri Lanka set to decide which two teams qualify out of Group F.Opener Kamran Akmal’’s 57 was the cornerstone of Pakistan’’s total in an innings where Ireland off-spinner Kyle McCallan again proved his worth with two wickets for 26 runs.Meanwhile, pace bowler Boyd Rankin’’s four overs cost just 11 runs. Akmal faced 51 balls with a six and five fours.Ireland lost opener Niall O”Brien early in their chase when the wicket-keeper was caught and bowled off a miscued hook by 17-year-old paceman Mohammad Amir.Paul Stirling, himself only 18, came in for his first match of the tournament with Ireland 13 for one but got off the mark first ball with a superb cover-driven four off left-armer Aamir.But the teenager, on 16, became the latest batsman to be bowled playing across the line against leg-spinner Shahid Afridi, who struck with his sixth ball and Ireland were 42 for two off seven overs.Ireland captain William Porterfield batted steadily for 40 off 36 balls but when he was caught by opposing skipper Younus Khan off the bowling of Ajmal, Ireland were 87 for three in the 14th over.With six overs left Ireland needed 72 more runs to win. John Mooney, trying to keep Ireland up with the rate, also fell to Ajmal after he was caught in the deep by Abdul Razzaq.Then Umar Gul, who took a Twenty20 international record five wickets against New Zealand, got in on the act by bowling Trent Johnston for a duck.At 99 for five in the 17th over the game was up for Ireland, who later saw four tailend wickets tumble for three runs in six balls.Both Akmal and fellow opener Shahzaib Hasan struck a six off Johnston, whose four overs went for an expensive 45.The 19-year-old Shahzaib holed out off seamer Alex Cusack, who took four wickets in Ireland’’s narrow nine-run loss to Sri Lanka at Lord’’s on Sunday.The hard-hitting Afridi showed glimpses of his talent while making 24 before striking McCallan’’s third ball straight to Mooney at long-on.And 78 for two became 102 for three in the 13th over when Younus was bowled after an ugly slog sweep against New Zealand born left-arm spinner Regan West.Akmal, looking to press on, was dismissed by a Johnston yorker as he went down the pitch.
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