US-China commerce negotiations: Oil costs regular as buyers eyes commerce talks in London; Brent holds above

US-China commerce negotiations: Oil costs regular as buyers eyes commerce talks in London; Brent holds above $66

Oil costs remained regular on Monday following final week’s positive aspects, as markets awaited the result of renewed US-China commerce negotiations in London. Brent remained above $66 per barrel following a 4% improve final week, with West Texas Intermediate hovering close to $65.US and Chinese language negotiators are scheduled to satisfy in London on Monday…

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Saudi oil big Aramco broadcasts first-quarter income of  billion, down 4.6% from a 12 months earlier

Saudi oil big Aramco broadcasts first-quarter income of $26 billion, down 4.6% from a 12 months earlier

Saudi Aramco engineers and journalists take a look at the Hawiyah Pure Fuel Liquids Restoration Plant in Hawiyah, within the Japanese Province of Saudi Arabia. File | Picture Credit score: AP Saudi Arabia’s state-owned oil big Aramco posted first-quarter income of $26 billion on Sunday (Could 11, 2025), down 4.6% from the prior 12 months…

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Asian shares slide, oil climbs on Russia sanctions: Markets wrap

Asian shares slide, oil climbs on Russia sanctions: Markets wrap

Shares and bonds slid in Asia following Friday’s stronger-than-expected US jobs information, whereas oil climbed to a four-month excessive as a recent wave of US sanctions on Russia threatened to crimp provides. US inventory market to shut on January 9, declared as Jimmy Carter’s nationwide day of mourning.(Michael Nagle/Bloomberg) MSCI’s index of regional equities headed…

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