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Last Update: ،
2025/08/01
Time
02:24:59
Latest News:
Yemeni Minister Discusses Water and Environment Projects with UNDP
Deputy Planning Minister Discusses Development Support with UN Advisor
Maj. General al-Zubaidi underlines Yemen's need for Chinese assistance to develop electricity services
Parliament Speaker participates in conference for parliamentary leaders
Cabinet Reviews Current Developments, Service Conditions, and Central Bank Report
Latest News:
Yemeni Minister Discusses Water and Environment Projects with UNDP
Deputy Planning Minister Discusses Development Support with UN Advisor
Maj. General al-Zubaidi underlines Yemen's need for Chinese assistance to develop electricity services
Parliament Speaker participates in conference for parliamentary leaders
Cabinet Reviews Current Developments, Service Conditions, and Central Bank Report
Oil rises as market awaits U.S.-China trade talks
[07/05/2025 12:51]
SINGAPORE-SABA
Oil prices rose, today, Wednesday, remaining just above four-year lows, as investors focused on U.S.-China trade talks and signs of declining U.S. production.
Brent crude futures rose 51 cents, or 0.82 percent, to $62.66 a barrel.
U.S. West Texas Intermediate crude rose 58 cents, or 0.9 percent, to $59.67 a barrel.
Both indices recently fell to four-year lows following the OPEC+ alliance's decision to accelerate output increases, raising fears of a supply glut at a time when U.S. tariffs have heightened concerns about global demand.
Oil prices rose, today, Wednesday, remaining just above four-year lows, as investors focused on U.S.-China trade talks and signs of declining U.S. production.
Brent crude futures rose 51 cents, or 0.82 percent, to $62.66 a barrel.
U.S. West Texas Intermediate crude rose 58 cents, or 0.9 percent, to $59.67 a barrel.
Both indices recently fell to four-year lows following the OPEC+ alliance's decision to accelerate output increases, raising fears of a supply glut at a time when U.S. tariffs have heightened concerns about global demand.
Key words:
Intermediate - accelerate - production - heightened - alliance's - SINGAPORE - declining - SABA Oil - following - investors -
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May
U.S. President plans to increase tariffs on steel, aluminum imports
Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs
IsDB sings financing agreements worth over$1 billion
GDP grows 0.3 percent in Eurozone, EU in 1Q
Jordan's exports to GAFTA grows 12.2 percent in February
