Brent Oil was trading 1.09%down at $72.28. Oil prices steadied on Tuesday after a sharp fall in the previous session as investors worried about the rapid spread of the Omicron coronavirus variant and the impact of renewed restrictions on fuel demand. Brent Crudewas down 8 cents, or 0.1%, at...
Brent Oil was trading 1.67% up at $70.00. Climbing oil prices on Thursday erased the previous day’s losses, with investors adjusting positions ahead of an OPEC+ decision on supply policy, though gains were capped by fears that the Omicron coronavirus variant could hit fuel demand. Brent crude futures rose...
Brent Oil was trading 3.43% up at $73.70. OPEC and its allies begin two days of meetings on Wednesday to decide whether to release more oil into the market or restrain supply amid big gyrations in crude prices and uncertainty about the impact of the Omicron coronavirus variant on...
Brent Oil was trading 0.84% upat $85.06. Oil prices rose on Tuesday as a supply crunch in natural gas, electricity and coal continued across the globe while falling temperatures in China revived concerns over whether the world’s biggest energy consumer can meet domestic demand for heating. The Brent Crude...
Brent Oil was trading 0.46% up at $82.42. Oil prices rose on Friday, and were on track for gains of nearly 5% this week, on signs some industries have begun switching fuel from high-priced gas to oil and on doubts the U.S. government would release oil from its strategic...
Brent Oil was trading 1.36% upat $75.34. Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S Crudestocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. Prices were also supported as some OPEC...
Gold was trading 0.20% up at $1803.40. Gold was down on Friday morning in Asia. The yellow metal was set to end the week on a down note as the dollarstrengthened and uncertainty over the U.S Federal Reserve’s timeline to start asset tapering grows. Gold Futuresedged down 0.03% to...
Gold was trading 0.38% up at $1800.40. Gold was down on Thursday morning in Asia, remaining near two-week lows. A strengthening dollar Index Futures contributed to the yellow metal’s losses, while investors also await the European Central Bank (ECB)’s latest policy decision. Gold Futures were down 0.21% to $1,789.75...
Brent Crudewas trading 0.87% down at $70.64. Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as Mexico restored some oil production. Brent Crudewas down 71 cents, or 1%, at $71.54 a barrel...
Goldwas trading 0.64% up at $1,795.14. Gold was up on Monday morning in Asia, with the dollarremaining near multi-month highs. However, continuing concerns about the spread of COVID-19 globally and its impact on the economic recovery turned investors towards the yellow metal. Gold Futures were up 0.28% to $1,788.95...