UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
UAE signs cooperation agreement with UN World Food Programme to support humanitarian efforts in sudan
UAE reopens Sheikh Zayed Child Care Complex in Istanbul following comprehensive redevelopment
Oil Flat as Markets Assess Effects of Trade WarSingapore, 16 Apr (ONA) — Oil prices were flat early today,
as shifting US trade policies fuelled uncertainty while markets
assessed the potential impact of the US-China trade war on economic
growth and energy demand.
Flat Brent crude futures rose 5 cents, or 0.1%, to $64.72 per
barrel, while US West Texas Intermediate crude was up 3 cents, or
0.1%, to $61.36.
Both benchmarks fell 0.3% on Tuesday.
Meanwhile, US crude oil stocks rose 2.4 million barrels in the
week ended 11 April 2025, while gasoline inventories fell 3 million
barrels and distillate stocks dropped 3.2 million barrels, market
sources said, citing American Petroleum Institute figures on Tuesday.— Ends/Khalid
