June 2026

Gold Set for Weekly Loss Amid Uncertainty over US Interest Rates

Morocco: Gold prices fell on Friday and were headed for a weekly loss amid persistent inflation concerns and expectations that the US Federal Reserve may keep interest rates elevated for longer. Spot gold declined 0.5 percent to USD 4,191.17 per ounce…

Kuwait’s Crude Oil Price Rises by USD 1.50 Per Barrel

Kuwait city: The price of Kuwait’s crude oil rose by USD 1.50 to USD 101.04 per barrel in trading on Thursday, up from USD 99.54 per barrel the previous day.

According to Qatar News Agency, the Kuwait Petroleum Corporation reported the increase in …

Oil Prices Extend Decline Amid Focus on Middle East Developments

Morocco: Oil prices fell on Friday, extending losses for a second consecutive session as concerns over a potential military escalation between the United States and Iran eased. Brent crude futures declined by USD 1.21, or 1.3 percent, to USD 89.17 a b…