Market

Oil prices continue to decline

Bethlehem – Ma’an – Oil prices continued to decline in trading today, Wednesday, and the price of a barrel of Brent crude fell below the level of $82 for the first time since last March 13.

By 11:47 Moscow time, global Brent crude futures contracts f…

Oil Slips on Rising US Stockpiles

Singapore, Oil prices fell in early Asian trade on Wednesday as industry data showed a pile up in both crude and fuel inventories in the US, a sign of weak demand.

Brent crude oil futures fell 30 cents, or 0.36%, to $82.86 a barrel. US West Texas Int…

Gold Rangebound as Investors Look for Rate Hike Clues

Singapore, Gold prices were confined to a narrow range on Wednesday as market participants assessed the timeline for potential US interest rate cuts.

Spot gold rose 0.1% to $2,317.44/oz. US gold futures gained 0.1% to $2,326.40.

For other precious m…

European Stocks Hit 1-Month High

Brussels, European shares hit a more-than-one-month high on Tuesday, as a slew of positive corporate earnings, including from Switzerland’s UBS (UBSG.S) and Italy’s UniCredit (CRDI.MI).

The pan-European STOXX 600 (.STOXX) index rose 0.6% after closi…