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Oil Prices Decline as OPEC+ Boosts August Production Target

Doha: Oil prices edged lower on Monday: after OPEC+ agreed to raise its August production target, while a rebound in exports from major producers through the Strait of Hormuz reinforced expectations of increased global supply. Brent crude futures fell…

Gold Retreats off Two-Week High Amid Strong US Dollar

Doha: Gold prices declined today after touching their highest level in two weeks, pressured by a stronger US dollar. However, losses remained limited amid signs of a slowdown in the US labor market, which eased expectations of further increases in US …