Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
UAE responds to relief efforts for people affected in Lebanon
Under President’s directives, UAE allocates US$10 million in urgent relief aid for Venezuela earthquake victims
Singapore, July 01 (QNA) – Oil prices rose about 0.7% in early trading on Wednesday after posting their steepest quarterly losses in years.
Brent crude futures gained 50 cents, or 0.69%, to $73.45 a barrel, while West Texas Intermediate crude futures climbed 63 cents, or 0.91%, to $70.13 a barrel.
Brent crude fell by about $45 a barrel over the second quarter, marking its biggest quarterly decline since the 2008 global financial crisis.
US crude futures, meanwhile, fell by about $31 a barrel over the second quarter, recording their biggest quarterly decline since 2020, when the COVID-19 pandemic triggered a collapse in global oil demand. (QNA)
