Oil rebounds on likely drop of US stockpiles, and optimism regarding rate cuts

Health Ministry: Attacks on Health Facilities Directly Affect Patients

The Ministry of Public Health and Population warned that attacks on or disruption of health and humanitarian facilities directly harm patients, children, women, displaced people and other vulnerable groups by depriving them of vital services.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Gold Rises Over 1 Percent

Gold prices rose more than one percent today, Thursday, as investors digested the U.S. interest rate hike and hints of further monetary tightening, while the rally in oil prices came to a halt.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/20 Time 11:12:48
Latest News:

Foreign Minister: Yemen Is Not an Iranian Bargaining Chip

Hungary Condemns Houthi Attacks, Rejects Targeting of Civilians and Sacred Sites

UN Security Council Reaffirms Support for Yemen, Condemns Houthi Escalation

Amb. al-Eryani Confers with German Expert over Developments in Yemen

Acting Yemeni Ambassador to Bulgaria: Security of Red Sea, Bab al-Mandeb Shared International Interest

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.