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Kurdish forces say Islamic State "defeated and on the run" in Sinjar

BAGHDAD, Nov 13 (Reuters) - Kurdish peshmerga forces secured several strategic facilities in the northern Iraqi town of Sinjar on Friday as part of an offensive against Islamic State militants that could provide critical momentum in efforts to defeat the jihadist group.

UPDATE 5-Oil prices edge away from 2-month lows but outlook remains bleak

* Crude glut expected to spill into refined products (Adds Iraq data, updates prices)

Kurds enter Sinjar "from all directions" - Kurdistan security council

NEAR SINJAR TOWN, Nov 13 (Reuters) - Kurdish peshmerga forces entered Sinjar "from all directions" on Friday to begin clearing the northern Iraqi town of Islamic State militants, the Kurdistan regional security council said in a tweet.

UPDATE 1-Kurdish forces enter Iraq's Sinjar town from north - Reuters witness

NEAR SINJAR TOWN, Nov 13 (Reuters) - Kurdish forces entered the northern Iraqi town of Sinjar on Friday after cutting it off from east and west in an offensive against Islamic State militants that could provide critical momentum in efforts to defeat the jihadist group.

Kurdish forces enter Sinjar town from the north - Reuters witness

NEAR SINJAR TOWN, Nov 13 (Reuters) - Kurdish forces entered the northern Iraqi town of Sinjar on Friday after cutting it off from east and west in an offensive against Islamic State militants that could provide critical momentum in efforts to defeat the jihadist group.

What's in store for Asia's jet fuel/kerosene market this winter?

Platts editors analyze jet fuel/kerosene demand and prices in Asia as the region heads into a warmer-than-average winter season.

AIRSHOW-Gulf Arabs focus on short-term military procurement needs

DUBAI, Nov 12 (Reuters) - Having rushed to war in Yemen just as oil prices sank, Gulf Arab militaries are in a thrifty mood. They are focusing on immediate wartime needs like ammunition supplies.

INSIGHT-Islamic State in Libya fights to emulate Iraq, Syria success

MISRATA, Libya, Nov 13 (Reuters) - The attack bore all the traits of Islamic State in Iraq. A small unit of militants, armed with Kalashnikov rifles and suicide belts, hit the Tripoli prison just before sunrise.

UK's oil capital Aberdeen reels from global price slump

ABERDEEN, Scotland, Nov 13 (Reuters) - In the bars, boardrooms, hotels and high streets of the Scottish city of Aberdeen, there is one question on most people's lips: how do you survive a global oil price slump?

Oxfam slams fossil fuel subsidies, tells rich nations to help poor

TORONTO, Nov 13 (Thomson Reuters Foundation) - Rich nations should take advantage of low oil prices to cut fossil fuel subsidies and channel some of the savings into climate change support for the world's poorest, the aid agency Oxfam said on Friday.

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