The European Union (EU) strongly condemned the attack by the Iranian-backed Houthi terrorist militias on the commercial ship (MINERVAGRACHT), which flies the Dutch flag in the Gulf of Aden.
Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
Oil rebounds on likely drop of US stockpiles, and optimism regarding rate cuts
[10/07/2024 02:40]
SINGAPORE - SABA
Oil prices recovered during early trading today, Wednesday, after three days of decline on reports of likely decline in US crude and fuel inventories last week, indicating stabilization in demand and with improved expectations related to lowering interest rates.
Brent crude futures rose 21 cents to $84.87 per barrel, after falling 1.3 percent in the previous session.