The U.S. Energy Information Administration (EIA) announced, on Wednesday, that the U.S. crude oil inventories fell for a fourth consecutive week, and gasoline and distillate stocks declined amid a pickup in demand.
In a statement, EIA clarified that …
Oil prices rose at the settlement at the end of Wednesday’s trading, in light of the decline in inventories of crude oil, gasoline, and distillates in the United States of America.
Brent crude futures rose by 70 cents, or 0.86
Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, which surged to its highest in two months as short sellers bailed out ahead of a central
Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.
Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.
As for other
Doha: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.
The QSE general index was supported by a rise in four
