Oil prices rose 3 percent amid investor fears of a widening conflict in the Middle East and after a sharp drop in US crude inventories.
Brent crude futures climbed $2.09 a barrel, or 2.66%, to $80.72, for delivery in September.
Secretary-General of the Gulf Cooperation Council (GCC) Jassim Mohammad Al Budaiwi and Indonesia’s Minister of Trade Dr. Zulkifli Hasan signed the joint statement to launch negotiations on the Indonesia-GCC Free Trade Agreement (I-GCC FTA).
Both side…
South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.
Outbound shipments rose 13.9 percent on-year to USD 57.4 billion last month, according to …
Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.
Brent crude futures for September delivery rose $2.09 per barrel, or 2.66
Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.
Spot gold was steady at $2,448.38 per ounce, after hitting its highest level
