Oil prices fall in volatile trade
Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in China potentially hitting demand, a worry that outweighed ongoing concerns about tight supply.
Brent crude futures fell $1.02, or 1%, to $106.00 at 0605 GMT, after climbing 2.3% on Friday, Reuters reported.
U.S. West Texas Intermediate (WTI) crude futures declined by $1.38, or 1.3%, to $103.41, paring a 2% gain from Friday.
Trading was thinned by a public holiday in parts of Southeast Asia, including oil trading hub Singapore.
The market was rattled by news that China had discovered its first case of a highly transmissible Omicron subvariant in Shanghai and that new cases had jumped to 63 in the country's largest city from 52 a day earlier.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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17:13
Armenian church leader's New Year message not to be aired on Public TV
The annual New Year address by Catholicos of All Armenians Karekin II will not be aired on the Public TV Company.
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16:35
Expert: Artsakh leaders indicted on 1,500 counts in Azerbaijan
Artsakh’s former military and political leaders are facing charges in Azerbaijan in connection with episodes starting from 1987, Anna...
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15:50
Armenian opposition MP again slams land handover to Azerbaijan
Opposition MP Hayk Mamijanyan again denounced the Armenian government’s surrender of four villages to Azerbaijan as part of a border...
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15:00
Yerevan to see light snow from Friday
Dry weather is expected in Armenia's regions on Thursday.
Wintry showers are forecast for the country on Friday and over the weekend....
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14:36
Armenia sends 8 players to World Rapid and Blitz Championships
The FIDE World Rapid and Blitz Chess Championships 2024 will take place in New York from December 26 to 31.
8 chess players from Armenia are...
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14:12
Ex-ombudsman: Artsakh leaders imprisoned in Azerbaijan for spearheading national struggle
Artsakh’s former military and political leaders are illegally detained in Azerbaijan for their role in the political and military...
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13:31
Expert: Disclose of Artsakh peace plans would be 'political suicide' for Pashinyan
Political analyst Suren Surenyants has hailed former Armenian President Levon Ter-Petrosyan’s response to Prime Minister Nikol...
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12:45
Pashinyan plans to join EAEU summit via video link
Armenian Prime Minister Nikol Pashinyan, who has tested positive for Covid-19, plans to participate in the Eurasian Economic Union (EAEU) summit...
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12:30
Yerevan subway announces extended hours for holidays
The Yerevan Metro will offer extended service hours during the New Year and Christmas holidays.
According to the new schedule, the Yerevan...
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12:14
Henrikh Mkhitaryan sends New Year greetings to Inter fans in Armenian
Inter Milan midfielder Henrikh Mkhitaryan extended Christmas and New Year greetings to the club’s fans in a video posted on social media...
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11:55
Court returns Yerevan mayor's lawsuit against media outlet
A Yerevan court rejected Mayor Tigran Avinyan’s motion on Tuesday to waive legal court fees in the case of Avinyan’s lawsuit against...
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11:30
All-women flight lands in Iranian holy city for first time
An Iranian airline conducted a rare women-only flight on Sunday, landing for the first time in the holy city of Mashhad in the northeast, AFP...
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11:15
Armenian State Symphony Orchestra to perform on tour in China
From December 28 to January 2, the Armenian State Symphony Orchestra will embark on a tour in China, led by its Artistic Director and Principal...
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11:01
Armenia honors Apostles Peter and Paul
The Armenian Apostolic Church on Thursday commemorates Apostles St. Peter and St. Paul, perhaps the two individuals who had the greatest...
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17:13
Andre's wife shares first photos with baby amid divorce rumors
Armenian musician Andre’s wife, singer Ani Ohanyan, has shared the first photos of their baby daughter on social media.
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16:45
Azerbaijan declares December 26 day of mourning after plane crash
Azerbaijani President Ilham Aliyev declared December 26 a day of mourning following a deadly crash of an Azerbaijan Airlines plane,...
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16:22
Pashinyan says again tested positive for Covid
Prime Minister Nikol Pashinyan has again tested positive for Covid-19.
“My Covid test again came back positive. I'll be...
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15:45
Turkey plans to open consulate in Aleppo
Turkish President Recep Tayyip Erdogan on Wednesday announced that his country will open its Aleppo consulate soon, less than two weeks after...
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15:35
Yerevan to see light snow later this week
Dry weather is expected in Armenia's regions on Wednesday and Thursday.
Wintry showers are forecast for the country on Friday and over...
Source Panorama.am
14:53
Opposition MP: Pashinyan preparing to fulfil more Azerbaijani demands
Ishkhan Saghatelyan, a senior member of the Armenian Revolutionary Federation (ARF) and an opposition Hayastan faction MP, accused Armenian...
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13:59
Pashinyan offers condolences to families of Azerbaijani plane crash victims
Armenian Prime Minister Nikol Pashinyan has extended condolences to the families of the Azerbaijani passenger jet crash victims....
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13:36
Kremlin hopes Pashinyan will join EAEU summit via video link
Russia hopes that Armenian Prime Minister Nikol Pashinyan will participate in the upcoming meeting of the Supreme Eurasian Economic...
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13:23
28 people survive Azerbaijani jet crash in Kazakhstan
An Azerbaijan Airlines passenger jet with 67 people on board crashed on Wednesday in western Kazakhstan after veering from its scheduled route,...
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13:05
Finance minister: Armenia's public debt expected to reach 50% of GDP in 2024
Armenia’s public debt is expected to amount to approximately 50% of GDP by the end of 2024, with an economic growth...
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12:35
MP calls out Pashinyan government's failure to handle security challenges
Opposition lawmaker Tigran Abrahamyan criticized Armenian Prime Minister Nikol Pashinyan and his government for mishandling national security...
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12:06
Syria's new FM tells Iran not to spread chaos in Syria
Syria's newly appointed foreign minister, Asaad Hassan al-Shibani, told Iran on Tuesday not to spread chaos in Syria but to respect the...
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11:55
Aliyevs own many buildings in London valued at hundreds of millions of dollars
By Harut Sassounian
TheCaliforniaCourier.com
The Organized Crime and Corruption Reporting Project (OCCRP) selected Pres. Ilham Aliyev in...
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11:41
Black ice warning issued for drivers in Armenia's Syunik
The Rescue Service has warned drivers about a road closure in Armenia on Wednesday morning.
In particular, the road linking the Amberd high...
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11:32
Pashinyan to skip informal CIS summit due to Covid
Armenian Prime Minister Nikol Pashinyan has announced his decision to skip the informal summit of the Commonwealth of Independent...
Source Panorama.am
11:10
U.S. responds to Aliyev’s allegations about arms supplies to Armenia
U.S. military assistance to Armenia and Azerbaijan cannot be used for “offensive purposes,” the State Department said on Tuesday,...
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