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Last Update: ،
2026/08/27
Time
04:24:01
Latest News:
Naval Forces Foil Smuggling Attempt of Military Equipment and Houthi Attack
Foreign Minister, Her Bahraini Counterpart Discuss Joint Coordination
Interior Minister Discusses Security Cooperation With U.S. Acting Ambassador
Parliament Speaker Meets With Chargé d' Affaires of Chinese Embassy
Bahrain's Crown Prince Receives Foreign Minister, Letter From President al-Alimi
Latest News:
Naval Forces Foil Smuggling Attempt of Military Equipment and Houthi Attack
Foreign Minister, Her Bahraini Counterpart Discuss Joint Coordination
Interior Minister Discusses Security Cooperation With U.S. Acting Ambassador
Parliament Speaker Meets With Chargé d' Affaires of Chinese Embassy
Bahrain's Crown Prince Receives Foreign Minister, Letter From President al-Alimi
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 -
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