Oil prices fell back on Thursday after an early rally on fears of storm damage to US oil installations faded.
Brent, the global benchmark for oil, was down 20 cents, or 0.4 per cent, at $48.17 a barrel by 10:33
Oil has rounded out its best monthly gain in six years on Thursday, with the two global benchmarks for crude rising between 20 and 25 per cent in April, helped by a weaker dollar and bets that a supply glut would ease.
After the J
Brent crude futures fell towards $55 a barrel on Thursday after a bigger than expected crude stock build in the US, though losses were limited by a weaker dollar as the Federal Reserve signalled a slower pace of interest rate hikes.
Bosnia has become the latest country to turn to the Automobile and Touring Club in the UAE (ATCUAE) for specialist training of senior officials on the key aspects of rally organisation and other grass roots motor sport activities.
Kuwait vowed on Friday to take all necessary measures against "any signs of disturbance and violence" after police dispersed demonstrators the Gulf state said had thrown stones, burned car tyres and blocked roads.
Businessmen have criticised calls by opposition groups to hold mass rallies in Manama starting on February 13, saying it could be the final nail in the coffin for the economy.
A coalition of five political societies has announced
Thousands massed on Sunday for a rally against President Viktor Yanukovich just days before he heads for a meeting at the Kremlin which the opposition fears will slam the door on integration with the European mainstream.
A rally organised in Bahrain by a number of political societies yesterday witnessed many violations jeopardising public and private property, said a top official.
Many participants shouted offensive slogans during the rally, atten
Tens of thousands of Tunisians crowded the streets of downtown Tunis on Tuesday to demand the transitional government's ouster, in the largest opposition protest since the country's political crisis began two weeks ago.