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Last Update: ،
2026/03/17
Time
04:00:26
Latest News:
Al-Khanbash: Efforts need to be joined to help IDPs
President al-Alimi: The region's stability contingent on deterring Iranian regime, its armed militias
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Latest News:
Al-Khanbash: Efforts need to be joined to help IDPs
President al-Alimi: The region's stability contingent on deterring Iranian regime, its armed militias
Minister of Local Administration Discusses Efforts to Strengthen Decentralization with German Ambassador
Yemen’s Ambassador Discusses Joint Cooperation with German Ministry of Environment
PM Reviews Work at Foreign Ministry, Chairs Meeting with Department Heads
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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