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Last Update: ،
2025/12/24
Time
12:22:51
Latest News:
President al-Alimi meets with Consultations and Reconciliation Commission headship
President al-Alimi sets out guidelines for Yemeni diplomatic missions discourse
Yemeni Ministries Reaffirm Constitutional Loyalty Amid STC Secessionist Declarations
Ministry of Youth and Sports Condemns Misrepresentation of Ministry and Reaffirms Commitment to Constitution
Government Delegation Says Agreement Reached to Release Thousands of Detainees
Latest News:
President al-Alimi meets with Consultations and Reconciliation Commission headship
President al-Alimi sets out guidelines for Yemeni diplomatic missions discourse
Yemeni Ministries Reaffirm Constitutional Loyalty Amid STC Secessionist Declarations
Ministry of Youth and Sports Condemns Misrepresentation of Ministry and Reaffirms Commitment to Constitution
Government Delegation Says Agreement Reached to Release Thousands of Detainees
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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