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Gold Falls ahead of US Inflation Data

Gold prices fell Tuesday as the dollar rose, as traders await key US inflation data, which could indicate the size of the US interest rate cut next week.

Spot gold fell 0.1% to $2,503.09 per ounce, while US gold futures were steady at $2,532.20.

The…

Iraq Achieves Over IQD 77 Trillion Within Seven Months

he volume of the revenues in the Iraqi federal budget exceeded 77 trillion Iraqi dinars (IQD), during 7 months (US dollar = 1300 Iraqi dinars).

The Iraqi Ministry of Finance revealed in a statement Tuesday that oil is still the main resource for the …

QatarEnergy Inaugurates LNG Vessel “Rex Tillerson”

QatarEnergy inaugurated the first conventional-size LNG vessel under its historic shipbuilding program. The “Rex Tillerson” was named after the former Chairman and CEO of ExxonMobil as a tribute to his life-long accomplishments in the energy sector.

Oil Prices Fall amid Weak Demand, Supply Disruptions

Oil prices edged down on Tuesday, as weak Chinese demand and supply disruptions, along with the risk of a global oversupply continued to weigh on the market.

Brent crude futures were down 4 cents, or 0.06%, to $72.80 a barrel.

US West Texas Intermed…