Basra: Basra crude, encompassing both heavy and medium variants, experienced weekly declines despite an uptick in prices during the final trading session, amidst a broader decrease in global oil prices.
According to National Iraqi News Agency, Basra…
Baghdad: Oil prices are on a downward trend as millions of barrels of crude continue to flow through the Strait of Hormuz, a crucial channel for global oil shipments. The decline comes amid uncertainty surrounding the ongoing conflict between Iran and…
Singapore: Gold prices declined in Asian trading on Friday, as investors awaited the direction of US monetary policy. Spot gold fell 0.5 percent to $4,576.30 an ounce, after hitting its highest level in more than three months this week. US gold future…
New york: Oil prices rose by more than 2 percent at Thursday’s settlement, ending a three-session losing streak. Brent crude futures climbed $1.86, or 2.1 percent, to $89.70 a barrel. Meanwhile, U.S. West Texas Intermediate crude futures increased by …