Market

Oil Rises on Fears over Hurricane Francine Impact on US Output

Oil prices rose in Asian trade on Friday, extending a rally sparked by output disruptions in the US Gulf of Mexico caused by Hurricane Francine.

Brent crude futures rose by 32 cents, or 0.44, to $72.29 per barrel.

US West Texas Intermediate crude f…

Gold Prices Advance to Fresh Record High amid Fed Rate Cut Hopes

Gold prices are advancing to an all-time high on Friday as the dollar weakened amid prospects of a US interest rate cut next week.

Spot gold rose to $2,558.19 per ounce, after hitting a record high of $2,567.93 earlier in the session. Bullion has ga…

Oil Prices Rise 1% on US Hurricane Impact Concerns

Oil prices rose more than 1% on Thursday, spurred by concerns of Hurricane Francine impacting output in the US, the world’s biggest crude producer, though worries of lower demand capped gains.

Brent crude futures for November were up $1, or 1.4% at $…