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Oil Prices on Track for 4th Straight Week of Gains

Singapore, Crude prices are heading for a fourth week of strong gains, remaining near their highest levels since late April, fueled by hopes of strong US fuel demand during the summer and some concerns about supplies.

Brent crude futures dropped two …

Kuwait Oil Price Records $88.67 Per Barrel.

Kuwait, The price of Kuwaiti crude oil rose by 21 cents to reach $88.67 per barrel in Thursday’s trading, compared to $88.46 in Wednesday’s trading.

In global markets, Brent crude futures rose by 21 cents to reach $87.55 per barrel, while West Texas …

Price of Oman Crude Oil Up $87.49 Per Barrel

Muscat, The official price of Oman crude oil for delivery in August rose to $87.49 per barrel, on Friday, representing an increase of 83 cents compared to Thursday’s price of $86.66per barrel.

The monthly average price of Omani crude oil for delivery…

FAO’s Global Food Price Index Stabilized in June 2024

Rome, The United Nations’ Food and Agriculture Organization (FAO)’s global food price index stabilized in June 2024, as declines in grain prices offset increases in vegetable oils, sugar, and dairy products.

The average index for food prices tracked …

Gold Prices Rise to Highest Level in Month

Washington, July 5, – Gold prices rose on Friday to their highest level in a month, following the release of US jobs data that showed a slowdown in the labor market, which supports expectations that the Federal Reserve (the US central bank) will reduc…