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May 7, 2024

Oil Prices Climb

Singapore, Oil prices continued to rise Tuesday, recovering somewhat from last week’s losses, since Monday’s closing.

Brent crude futures were up 23 cents, or 0.28%, at $83.56 per barrel, while US West Texas Intermediate (WTI) crude futures rose 24 …

Gold Prices Edge Higher

Gold prices edged higher on Friday, but were set for a weekly loss as investors looked forward to US Federal Reserve Chair Jerome Powell’s speech for more cues on the scale of a likely September rate cut.

Spot gold rose 0.2% to $2,488.74 per ounce. …