
U.S. Stock Indices Fluctuate - Jordan News
The Nasdaq Index, which is heavily focused on technology stocks, rose slightly by just 10 points, reaching 20,895 points. Meanwhile, the S&P 500 Index remained stable at 6,297 points. اضافة اعلان In related news, the price of West Texas Intermediate (WTI) crude oil saw a very slight decline, reaching $67.31 per barrel.
(Petra)

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Jordan News
15 hours ago
- Jordan News
Oil Prices Drop Amid Mounting Concerns Over Fuel Demand - Jordan News
Oil Prices Drop Amid Mounting Concerns Over Fuel Demand Oil prices declined on Tuesday amid growing concerns that slowing business activity could impact fuel demand, as trade tensions escalate between the United States and the European Union—both major consumers of crude. اضافة اعلان Brent crude futures fell by 52 cents, or 0.75%, to $68.69 per barrel as of 03:25 GMT. U.S. West Texas Intermediate (WTI) crude was down 51 cents, or 0.76%, at $66.69 per barrel. The August WTI contract expires on Tuesday. The more actively traded September contract dropped 54 cents, or 0.82%, to $65.41 a barrel. Priyanka Sachdeva, Senior Market Analyst at Phillip Nova, said: "Concerns over demand persist amid rising global trade tensions, especially as markets await the latest tariff threats between major economies and potential announcements from Trump ahead of the August 1 deadline." She added that investors are also monitoring the ripple effects of new U.S. sanctions on Russian crude oil. Supply concerns have largely eased thanks to increased output by major producers, and following the June 24 ceasefire that ended the conflict between Israel and Iran. A weaker dollar offered some support to crude prices, making oil less expensive for buyers using other currencies. Tony Sycamore, market analyst at IG, wrote in a note that prices have dipped as "trade war fears offset the support provided by a softer dollar." Sycamore also pointed to the potential for an escalation in the U.S.-EU trade dispute over tariffs. According to EU diplomats, the bloc is exploring a broader range of potential countermeasures against the United States as hopes fade for a mutually acceptable trade deal with Washington. The U.S. has threatened to impose 30% tariffs on EU imports starting August 1 if no agreement is reached. Reuters

Ammon
21 hours ago
- Ammon
Oil falls as trade war concerns increase worries about fuel demand
Ammon News - Oil prices declined on Tuesday as concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity weighed on investor sentiment. Brent crude futures fell 52 cents, or 0.75%, to $68.69 a barrel by 0325 GMT. U.S. West Texas Intermediate crude was at $66.69 a barrel, down 51 cents, or 0.76%. Both benchmarks settled slightly lower on Monday. The August WTI contract expires on Tuesday and the more active September contract was down 54 cents, or 0.82%, to $65.41 a barrel. Supply concerns have largely been alleviated by major producers raising output and since a ceasefire on June 24 ended the conflict between Israel and Iran. However, investors are increasingly worried about the global economy amid U.S. trade policy changes. A weaker U.S. dollar has provided some backing for crude as buyers using other currencies are paying relatively less. The EU is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats. The U.S. has threatened to impose a 30% tariff on EU imports on August 1 if a deal is not reached. There are also signs that rising oil supply has entered the market as the Organization of the Petroleum Exporting Countries and their allies unwind output cuts.


Jordan News
a day ago
- Jordan News
Civil Status Department Issues 100,000 Digital Certificates Since May - Jordan News
The Director General of the Civil Status and Passports Department, Eng. Ghaith Ghazi Al-Tayyib, announced that the digital certificates service, launched on May 1 via the 'Sanad' application, has witnessed a significant turnout from citizens both inside and outside the Kingdom. To date, 100,000 digital certificates have been issued for previously registered vital events. اضافة اعلان Speaking to the Jordan News Agency (Petra) on Monday, Al-Tayyib explained that the service enables citizens to issue digital certificates for previously recorded vital events such as birth, marriage, divorce, death, as well as individual and family status records. The certificates are issued in PDF format and available in both Arabic and English. He emphasized that obtaining a certificate is done through the Sanad app by selecting the Civil Status and Passports Department services, followed by the digital certificates service. The issued certificates include a QR code allowing concerned parties to verify their authenticity immediately. Al-Tayyib noted that the launch of this service aligns with the Kingdom's digital transformation efforts and aims to ease access for citizens, whether within Jordan or abroad. The service is available anytime and from anywhere, including Fridays and official holidays, thus reducing pressure on Jordanian embassies and minimizing congestion within the department. He added that the digital certificates are free of additional charges, are recognized by all public and private entities, and represent a major step forward in the government's strategy to enhance and streamline its services.