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|NEW YORK Koen Casteels Belgie Shirt , March 18 (Xinhua) -- Crude prices rebounded Wednesday as U.S. dollar depreciated after the Federal Reserve's policy statement.
Light, sweet crude for April delivery gained 1.2 U.S. dollars to settle at 44.66 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery moved up 2.4 dollars to close at 55.91 dollars a barrel.
The U.S. dollar slumped against other major currencies on Wednesday as the Federal Reserve remained cautious in raising interest rates in its policy statement. A weaker greenback makes the dollar-priced crude less expensive and more attractive for buyers holding other currencies.
Analysts believed that the greenback was under pressure as the announcement signaled that the widely expected June rate hike was almost off the table.
Crude prices plummeted recently as the worries of global supply glut continued to weigh on the market.
Also on Wednesday, the Energy Information Administration (EIA), the Energy Department's statistical arm, said in a report that for the week ended March 13 Simon Mignolet Belgie Shirt , U.S. crude stockpiles increased 9.6 million barrels to 458.5 million, 82.7 million barrels more than a year earlier.
Meanwhile, inventories at Cushing, Oklahoma, the delivery point for the contract, gained 2.9 million barrels to 54.4 million barrels. U.S. crude production reached 9.419 million barrels a day last week.
RAMALLAH Kevin Mirallas Belgie Shirt , Sept. 17 (Xinhua) -- Palestinian President Mahmoud Abbas will deliver an "extremely important" speech at the UN General Assembly next Wednesday, presidential spokesperson said on Sunday.
Palestinian Presidential Spokesperson Nabil Abu Rdineh said the speech of President Mahmoud Abbas at the UN General Assembly, scheduled next Wednesday, will be "extremely important."
Abu Rdineh said Abbas will emphasize the need for the two-state solution based on the 1967 borders with East Jerusalem as its capital, the official news agency WAFA reported.
He stressed that the official position of Abbas and the Palestinian leadership rejects interim resolutions "nor a state in Gaza Strip without the West Bank or East Jerusalem," and that the leadership will only accept "an independent and sovereign state on the borders of 1967."
Abbas is also scheduled to meet with U.S. President Donald Trump to discuss the outlook of the U.S. efforts in the Middle East Eden Hazard Belgie Shirt ," WAFA said.
The last round of peace talks between Palestine and Israel stopped in 2014, after nine months of U.S. sponsored talks that achieved no major breakthrough, with differences mainly focused on Israeli settlement activity.
China-US Ping-Pang diplomacy commemorated at headquarters of UN
Scenery of Jianmen Pass in China's Sichuan
Shanghai temple's historic move completed
Exhibition of civilization of Qin, Han dynasties held in Beijing
Special snacks displayed during 14th China-ASEAN Expo
Scenery of paddy fields in Baicheng, NE China's Jilin
China Focus: World's oldest panda dies aged 37
Scenery of terraced fields at Wuyishan in SE China's Fujian
Alexander Kulagin (R) of Vityaz Podolsk leads the puck against Tomas Hrnka of HC Slovan Bratislava during the Kontinental Hockey League (KHL) match between HC Slovan Bratislava and Vityaz Podolsk in Bratislava, Slovakia Romelu Lukaku Belgie Shirt , on Sept. 27, 2017. (XinhuaAndrej Klizan)
Four pandas from SW China make debut in NE China's Shenyang
Modern manufacturing, transport help six Chinese provinces develop fast
A look at Kantuman Bazaar in China's Xinjiang
Scenery of terraced fields in Houyuan Village, China's Fujian
Scenery of high-speed rail networks in south China's Guangxi
In pics: paddy fields across China
Autumn scenery of Kanas scenic area in NW China's Xinjiang
10th Pink Ribbon Charity Walk held in Switzerland
SAO PAULO, June 7 (Xinhua) -- Brazil's national soccer team defeated Mexico in a Copa America warm-up on Sunday.
Brazil's goals were scored by Phillipe Coutinho and Diego Tardelli in the match played in Allianz Parque stadium in Sao Paulo.
The Mexicans had a bad performance, especially in defense. Coutinho put Brazil 1-0 ahead in th 27th minute Youri Tielemans Belgie Shirt , before Tardelli scored the second in 36th minute.
In the second half, both teams tried out new players, with Mexico replacing Ayala, Corra and Osuna with Flores, Salcedo and Marco Fabian, while Brazil Danilo with Fabinho.
This was Mexico's last friendly match towards Copa America which is slated for June 11-July 4 in Chile Kevin De Bruyne Belgie Shirt , while Brazil will face Honduras Wednesday in Porto Alegre.
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