Oil prices deepened their losses to about 1.5%, during Monday's trading, under pressure from expectations of increased supplies and reduced demand amid rising energy costs. This comes as investors remain concerned about the strong dollar amid signs of accelerating inflation…
Continue ReadingOil prices extended their gains to about 2.5% during trading on Friday, with US crude rising above $80 a barrel. The rise came after the OPEC + alliance rejected a US call to increase supplies, and maintained plans for a…
Continue ReadingGold prices rose, during trading today, Thursday, in light of the anticipation of the release of US jobs data, and the decline in the dollar index. Gold prices rose marginally, at the close of trading on Wednesday, with the decline…
Continue ReadingOil prices turned lower, during trading today, Friday, with the strength of the US currency, but crude is heading to achieve gains for the third week in a row, after a noticeable increase during the past 3 sessions. Crude prices…
Continue ReadingOil prices rose, during trading today, Wednesday, and Brent crude jumped above $ 75, affected by data issued by the American Petroleum Institute indicating a significant decrease in US oil inventories. Oil prices rose by more than a dollar to…
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