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.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Kazakhstan and Russia are set to launch 27 new joint projects worth $8 billion, signalling a notable expansion in bilateral economic cooperation.
China’s Shenzhen Hasee Computer Co. is considering launching laptop manufacturing operations in Azerbaijan, following key talks with local investment authorities.
Indian Prime Minister Narendra Modi arrived in Jeddah on Tuesday for a two-day visit aimed at strengthening economic, energy, and diaspora-related ties with Saudi Arabia.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
Russian President Vladimir Putin has reportedly suggested halting his invasion at current front-line positions as part of a peace initiative with U.S. President Donald Trump.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
Pope Francis, the first Latin American pope and a transformative figure in the Roman Catholic Church, has passed away at the age of 88, the Vatican confirmed in a video statement on Monday.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
The IMF has lowered global and U.S. economic growth forecasts, citing Trump-era tariffs and rising uncertainty. Global growth is expected at 2.8% this year, while U.S. growth may slow to 1.8%, with heightened recession and inflation risks.
The 18th meeting of the Joint Commission on Economic Cooperation between Iran and Russia is scheduled to take place in Moscow from April 23 to 25. The event aims to strengthen bilateral collaboration across a wide range of sectors.
The Russian rouble surged past 81 to the U.S. dollar on Thursday, marking a 40% increase since the beginning of 2025.
In response to President Donald Trump's sweeping new tariffs, a number of global companies are eyeing expansion into the United States to minimize the economic fallout from the trade measures.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
Russian President Vladimir Putin has reportedly suggested halting his invasion at current front-line positions as part of a peace initiative with U.S. President Donald Trump.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment