Doha: Gold prices extended their decline on Wednesday amid profit-taking following recent record highs, as investors awaited key US inflation data this week for further indications on the Federal Reserve’s potential path toward interest rate cuts. Spo…
Washington: The US Energy Information Administration (EIA) has announced a decline in US crude oil, gasoline, and distillate inventories last week.
According to Qatar News Agency, the EIA, the statistical arm of the US Department of Energy, stated i…
New york: Oil prices rose by more than one percent on Wednesday, extending gains for the second consecutive day, amid a mix of supply risks linked to sanctions and hopes for progress in US-China trade talks. Brent crude futures climbed 94 cents, or 1….
Doha: Oil prices rose at the close of trading Tuesday as investors weighed the outlook for a global supply surplus and monitored developments in the ongoing trade dispute between the United States and China, the world two largest crude consumers. Bren…