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Gold Prices Fall After Dollar Rise

Gold prices eased on Wednesday as the dollar held firm, while investors looked for more US economic data for further cues on upcoming rate cuts by the Federal Reserve.

Spot gold was down 0.5 percent at USD 2,649.17 per ounce.

US gold futures eased 0…

Basra Heavy and Medium Crude Prices Drop

Basra Heavy and Medium crude prices recorded a decline this morning, Wednesday, despite the global rise.

Basra Heavy crude prices fell by $1.36 to reach $67.21, and Medium crude prices fell by $1.36 to reach $70.21.

Oil prices rose, amid fears that …

US Crude Oil Inventories Rise Last Week

The US Energy Information Administration announced Wednesday that crude oil inventories in the United States rose as fuel demand fell last week.

The administration, which is the statistical arm of the US Department of Energy, said in a statement that…

US Crude Oil Inventories Rise Last Week

The US Energy Information Administration announced Wednesday that crude oil inventories in the United States rose as fuel demand fell last week.

The administration, which is the statistical arm of the US Department of Energy, said in a statement that…

Oil Prices Jump More Than $1

Oil prices jumped by over a dollar on Wednesday due to the development of the situation in the Middle East and fear of disruption of oil supplies.

Brent futures leapt $1, or 1.36%, to $74.56 a barrel, while US West Texas Intermediate (WTI) crude rose…

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