May 2026

Gold Set for Second Weekly Loss as Dollar Firms, Oil Prices Rise

Geneva: Gold prices edged lower on Friday and were headed for a second straight weekly decline, pressured by a firmer US dollar and higher oil prices, which strengthened expectations that the US Federal Reserve will keep interest rates elevated for lo…

Kuwait’s Crude Oil Falls $2.95 per Barrel

Kuwait city: The price of Kuwait’s crude oil fell by $2.95 to $120.33 per barrel in trading on Thursday, compared with $123.28 per barrel in the previous session, according to figures released by Kuwait Petroleum Corporation.

According to Qatar News…