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Last Update: ،
2025/10/10
Time
01:13:06
Latest News:
Dep. Planning Minister discusses with French organization cash transfer project, future interventions
Tariq Saleh discusses with US Ambassador economic reforms
PM confers with British Ambassador over joint cooperation
Al-Arada, Turkish Ambassador discuss bilateral relations
PM meets with French Ambassador
Latest News:
Dep. Planning Minister discusses with French organization cash transfer project, future interventions
Tariq Saleh discusses with US Ambassador economic reforms
PM confers with British Ambassador over joint cooperation
Al-Arada, Turkish Ambassador discuss bilateral relations
PM meets with French Ambassador
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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