RIYADH: Oil prices rose nearly $1 per barrel on Thursday after dropping through key technical support levels in the previous session, as an energy standoff between European nations and Russia focused investor minds on how tight fuel supply may become.
Brent crude futures rose by 91 cents, or 1 percent, to $88.91 per barrel by 0331 GMT after closing at their lowest since early February in the previous session. US crude futures were up 95 cents, or 1.2 percent, at $82.89 per barrel.
UK to announce dozens of new North Sea oil and gas licenses
The United States Navy has publicly revealed the AIM-424 Malice, a next-generation long-range air-to-air missile…
Canadian Prime Minister Mark Carney has announced retaliatory tariffs against the United States after trade…
Pakistan’s suspected procurement of China’s LD-2000 close-in air defence system could carry implications extending well…
Turkish armoured vehicle manufacturer FNSS has unveiled a new heavy unmanned amphibious combat platform designed…
Annadale Community Garden Group is one of four groups or individuals in the running for…
The United States and South Korea have begun their annual joint military exercises under an…