Oil prices climbed on Wednesday after major producers announced a big production cut.

The West Texas Intermediate for November delivery increased 1.24 U.S. dollars, or 1.4 percent, to settle at 87.76 dollars a barrel on the New York Mercantile Exchange. Brent crude for December delivery added 1.57 dollars, or 1.7 percent, to settle at 93.37 dollars a barrel on the London ICE Futures Exchange.

On the morning of July 6, Mr. Peng Qiming, President of China Mining Association (CMA) & Chairman of the Organizing Committee of the China Mining Conference and Exhibition 2022, met online with H.E. Mr. Franois Nkuna Balumuene, Ambassador of the Democratic Republic of the Congo to China. 

On the afternoon of July 6, Mr. Peng Qiming, President of China Mining Association (CMA) & Chairman of the Organizing Committee of the China Mining Conference and Exhibition 2022, met online with Mr. Monzer Ali Eltayeb Abdalla, Charge d 'affaires of the Embassy of the Republic of Sudan to China.

China will take a raft of measures to stabilize and improve the quality of foreign trade in the second half of the year (H2) to consolidate its resilience, a commerce official said Thursday.

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