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

Republican Decree Retains Dr. Ahd Ja'sous as Minister of State for Women's Affairs

A republican decree issued on Sunday amended the presidential decision on the recent limited cabinet reshuffle, retaining Dr. Ahd Mohammed Salem Ja'sous as Minister of State for Women's Affairs.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/08/03 Time 07:17:13
Latest News:

Rights Report: Houthi Crimes and Abuses Deepen Yemen's Humanitarian Crisis

Ministers of Agriculture, Environment Inaugurate Fish Landing Centers in Mahra Governorate

Marib Approves Emergency Response to Measles Outbreak

Foreign Minister Talks with German Ambassador over Bilateral Cooperation

Foreign Minister, Japanese Ambassador Discuss Stronger Bilateral Cooperation

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.