RIYADH: Oil prices were steady in Asian trade on Tuesday, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rate hikes potentially hurting demand in the world’s biggest economy.
Brent crude futures for April, due to expire on Tuesday, gained 56 cents or 67 percent to $83.00 per barrel by 10.50 a.m. Saudi time. The more active May contract firmed 17 cents to $82.21 per barrel.
US West Texas Intermediate crude futures rose 61 cents or 81 percent to $76.29 a barrel.
Israeli settlers have been besieging two Palestinian families in their homes in the occupied West…
Key pointsThe Talban have issued more than 100 decrees targeting women and girls, including one…
Key pointsRed Sea is a vital global trade route Even greater uncertainty for shipping Seafarers must be…
The NHS says to check your breasts, external or chest about once a month.That helps…
The United States has reaffirmed its long-term commitment to the Indo-Pacific, dismissing concerns that Washington…
Most of the incidents in Manchester, Liverpool and Sheffield involved private e-scooters, often on public…