Gold prices eased on Tuesday as profit-taking kicked in after bullion hit a more than one-week high, while market players awaited key US inflation data that could provide further insight into the Federal Reserve’s next policy decision.
Spot gold fell…
The International Energy Agency (IEA), headquartered in Paris, maintained on Tuesday that its forecast for oil demand growth this year at 970,000 barrels per day. However, it revised its forecast for 2025, from 980,000 barrels to 950,000 barrels a day…
The official price of Oman oil Tuesday, for delivery in October, reached $80.03, up by $1.31, compared to yesterday’s price (Monday) of $78.72.
The monthly average price of Omani crude oil for delivery in August reached $82.50 per barrel, down
Baghdad , Oil prices fell slightly in early trading on Tuesday, ending a five-day winning streak as markets refocused on demand concerns after the Organization of the Petroleum Exporting Countries (OPEC) lowered its 2024 demand growth forecast on Mond…
Gold prices rose more than 1 percent at the close Monday, recording their highest level since August 2, supported by rising demand, while investors await US inflation data this week.
The price of gold in spot transactions increased 1.5 percent
