Brent crude futures for September settlement rose 69 cents, or 0.7 percent, to $101.85 a barrel, after rising 2.1 percent on Friday.
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Brent crude recorded Monday a decline of one percent, after rising Friday by about 2.3%.
Oil prices sank on Friday, after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures.
Oil prices fell more than 1 percent on Thursday in a volatile week as economic and recession fears hobbled global financial markets, outweighing supply concerns and geopolitical tensions in Europe.
Global oil prices have fallen as China starts to implement a city-wide lockdown in Shanghai, an important financial and manufacturing…
The Chinese Red Cross will offer an additional 10 million yuan ($1.57 million) of humanitarian assistance to Ukraine, Chinese foreign…
A Chinese foreign ministry spokesperson said on Monday assertions from U.S. officials that Russia asked Beijing for military equipment for…
Mayor of Benghazi, Saqr Bujwari, discussed on Saturday with a delegation of China Communications Construction Company (CCCC) ways for the Company to return to work in Benghazi for completing several suspended projects, according to Benghazi Municipality.
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