Oil stabilizes after surprise drop in U.S. crude inventories

Emergency Relief Convoy from KSrelief Arrives in Marib

An emergency relief convoy provided by the King Salman Humanitarian Aid and Relief Center (KSrelief) arrived in Marib Governorate on Sunday, as part of efforts to address the growing humanitarian needs of displaced families in the governorate.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Japan's LNG imports down 1.4 percent

Japan's liquefied natural gas (LNG) imports fell 1.4 percent to 64.98 million tons last year 2025, compared to 2024. according to provisional data released by the Japanese Ministry of Finance today, Thursday.

Paris Saint-Germain temporarily tops the French league after their win against Auxerre

Paris Saint-Germain defeated Auxerre 1-0 in their Ligue 1 match on Matchday 19.

Last Update: ، 2026/01/25 Time 07:57:41
Latest News:

Prime Minister receives Italian Ambassador

Presidential Leadership Council Member al-Subaihi confers with U.S. Ambassador over partnership in fighting ..

President al-Alimi Congratulates on Australia National Day

Arab Parliament reiterates its support for Yemen's unity, sovereignty, territorial integrity

First Batch of Petroleum Derivatives Grant to Socotra Governorate Arrived

Oil stabilizes after surprise drop in U.S. crude inventories

[30/10/2024 01:24]

SINGAPORE - SABA
Oil prices were settled in early Asian trade today, Wednesday, after industry data had showed a surprise drop in U.S. crude and gasoline inventories, following losses in the previous two sessions on the prospect of a de-escalation in the Middle East conflict.

Brent crude futures were up 21 cents, or 0.3 percent, at $71.33 a barrel by 0002 GMT.
U.S. West Texas Intermediate (WTI) crude futures were up 22 cents, or 0.3 percent, at $67.43 a barrel.

Data from the American Petroleum Institute showed that crude oil and fuel stocks in the United States fell last week.
The data indicated that crude stocks fell by 573,000 barrels in the week ending October 25.
Gasoline stocks fell by 282,000 barrels, while distillate stocks fell by 1.46 million barrels.