Crude oil prices inched higher on global exchanges, reflecting cautious optimism amid ongoing market fluctuations.
Oil prices recorded slight gains in international markets, continuing a trend of modest fluctuations driven by economic indicators and geopolitical factors.
On the London InterContinental Exchange Futures (ICE), Brent crude rose by $0.13, reaching $65.01 per barrel. Meanwhile, Light crude on the New York Mercantile Exchange (NYMEX) increased by $0.14 to trade at $61.67 per barrel.
The uptick in prices comes amid investor watchfulness over global supply dynamics, economic recovery signals, and potential shifts in demand. Analysts suggest that further developments in geopolitical tensions, OPEC+ production decisions, and global consumption patterns could influence market direction in the coming weeks.
Turkmenistan’s Foreign Minister Rashid Meredov and U.S. Secretary of State Marco Rubio held a phone conversation on Thursday (24 June), exchanging views on a broad range of bilateral and international issues.
A landslide in northwest Colombia has left multiple people dead and injured, with rescue efforts still underway.
U.S. and Iranian officials have engaged in dialogue amid recent regional tensions, with Washington expressing cautious optimism about the outcome.
Russia will build its own messaging app for public use, citing security risks with WhatsApp and Telegram, and plans to make it mandatory in government institutions.
European metal producers are urging the EU to restrict scrap exports, warning that rising US demand driven by Trump’s 50% tariffs threatens Europe’s green transition and efforts to cut carbon emissions.
Turkmenistan’s Foreign Minister Rashid Meredov and U.S. Secretary of State Marco Rubio held a phone conversation on Thursday (24 June), exchanging views on a broad range of bilateral and international issues.
A landslide in northwest Colombia has left multiple people dead and injured, with rescue efforts still underway.
U.S. and Iranian officials have engaged in dialogue amid recent regional tensions, with Washington expressing cautious optimism about the outcome.
New research highlights that naturally-regenerating forests, often overlooked in climate policies, could remove carbon up to eight times faster than newly planted trees.
Azerbaijan has been elected Chair of the United Nations Environment Programme’s (UNEP) key decision-making body, marking a first for the country and strengthening its role in global environmental policy.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Tesla’s new car sales in Europe plunged 27.9% in May, even as the region saw a major rise in demand for electric vehicles, data from the European Automobile Manufacturers Association (ACEA) showed.
Kazakhstan’s Energy Ministry, national oil and gas company KazMunayGas (KMG), and CNOOC Hong Kong Holding Limited—a subsidiary of China National Offshore Oil Corporation (CNOOC Limited)—have signed a contract for hydrocarbon exploration and production under the Zhylyoi project.
European markets rallied on Tuesday, with shares climbing more than 1% after U.S. President Donald Trump announced a ceasefire between Israel and Iran, easing geopolitical tensions and lifting investor confidence.
Oil prices fell sharply for a second day after Israel confirmed a U.S.-brokered ceasefire with Iran, easing fears that the conflict would disrupt global energy supplies.
U.S. President Donald Trump called for a major interest rate cut before Federal Reserve Chair Jerome Powell’s testimony to Congress.
Turkmenistan’s Foreign Minister Rashid Meredov and U.S. Secretary of State Marco Rubio held a phone conversation on Thursday (24 June), exchanging views on a broad range of bilateral and international issues.
A landslide in northwest Colombia has left multiple people dead and injured, with rescue efforts still underway.
U.S. and Iranian officials have engaged in dialogue amid recent regional tensions, with Washington expressing cautious optimism about the outcome.
New research highlights that naturally-regenerating forests, often overlooked in climate policies, could remove carbon up to eight times faster than newly planted trees.
Azerbaijan has been elected Chair of the United Nations Environment Programme’s (UNEP) key decision-making body, marking a first for the country and strengthening its role in global environmental policy.
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