Oil prices rose more than one percent on Thursday, supported by higher fuel demand as a major storm swept through Florida and concerns about possible disruptions to Middle East supplies.
By 13:30 GMT, Brent crude futures rose $1.2, or 1.6 percent, to…
Gold prices nudged higher on Thursday, while traders await key US inflation data to gauge the Federal Reserve’s future monetary policy stance.
Spot gold was up 0.2% at $2,613.70 per ounce, after easing for the previous six sessions.
US gold futures …
Oil prices rose in early Asian trading on Thursday, as a result of increased demand for fuel amid a major storm in Florida, USA, and amid concerns about possible supply disruptions from the Middle East.
Brent crude futures rose 37 cents, or 0.5 %, to…
Price of Kuwaiti oil dropped USD 1.50 to settle on USD 77.62 per barrel on Wednesday compared to USD 79.12 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.
Globally, price of Brent crude dropped by 60 cents to USD 78.58 pb, while W…
Doha: The Qatar Stock Exchange (QSE) index closed this week with a 0.42 percent increase, adding 44.02 points to reach 10,509 points, compared to last week’s close. The rise was supported by gains in four sectors, led by the banking and financial serv…
The dollar index, which measures the currency against six key rivals, stuck close to an almost two-month top touched overnight, as traders further pared bets for US rate cuts this year after last week’s unexpectedly strong payrolls data.
The US dolla…