April 2, 2024

Oil Gains on Upbeat Manufacturing Data

Singapore, Oil prices gained in early Asian trading on Tuesday, underpinned by signs of improved demand that had sparked a rally in US futures to a five-month high in the previous session.

Brent futures for June delivery rose 37 cents

Oil Prices Rise Nearly 1%

New York: Crude prices edged up about 1% on Monday with US futures closing at a five-month high.

Brent futures settled at $87.42 a barrel.

US West Texas Intermediate (WTI) crude rose by 0.7% to $83.71 a barrel.

Both contracts

Jordan’s King, Palestinian President Discuss Gaza Developments

Amman, Jordan’s King Abdullah II discussed with Palestinian President Mahmoud Abbas the latest serious developments in the Gaza Strip, subjected to a destructive Israeli aggression for the past 179 days.

During their phone call, King Abdullah II stre…

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