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Last Update: ،
2025/07/11
Time
06:05:45
Latest News:
Central Bank discusses establishing fast payment company
Foreign Minister Meets with Outgoing Mexican Ambassador
Minister Al-Zawri Discusses Capacity Building and Social Protection with UNHCR Representative
Ministry of Agriculture Signs MoU with Q Sun Foundation to Enhance Media Capacity
Government calls on countries, organizations to address environment disaster over "Magic Seas" sink
Latest News:
Central Bank discusses establishing fast payment company
Foreign Minister Meets with Outgoing Mexican Ambassador
Minister Al-Zawri Discusses Capacity Building and Social Protection with UNHCR Representative
Ministry of Agriculture Signs MoU with Q Sun Foundation to Enhance Media Capacity
Government calls on countries, organizations to address environment disaster over "Magic Seas" sink
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 -
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
Oil rises as market awaits U.S.-China trade talks
Trade between China and Arab countries exceeds $400 billion in 2024
Oil prices fall to $65.61 a barrel
Japan reveals emergency economic package to manage effects of U.S. tariffs
