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Last Update: ،
2026/08/29
Time
05:30:16
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Latest News:
Yemen’s Deputy Foreign Minister for Political Affairs Discusses Bilateral Relations with Somali Counterpart
Yemen’s Ambassador Discusses Latest Developments in Yemen with US Assistant Secretary of State
President al-Alimi Offers Condolences Over Flood and Landslide Victims in Nepal
Al-Arada Highlights Yemen's Need For An Effective International Partnership To Manage Security, Economic ..
Taiz Governor Discusses Emergency Preparedness, Response Plan with International, Local Organizations
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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Oil rises as markets assess supply risks
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