Oil prices declined for a third day on Friday and were on track to end the week lower on expectations of higher supplies. Brent crude futures fell 57 cents, or 0.8%, to $71.03 per barrel. US West Texas Intermediate crude
Gold prices eased on Friday, retreating from record levels on mounting expectations of another big US interest rate cut this year, while market participants awaited a key inflation report for further direction. Spot gold settled at $2,673.21 per ounce. Bullion
Profits of China’s major industrial firms grew 0.5% year-on-year in the January-August period, slowing down from a 3.6-percent rise in the first seven months of 2024, official data showed Friday. This moderation in growth is attributed to insufficient effective market
The official price of Omani oil, for delivery in November was recorded at $72.47 cents. The price of Omani oil rose by 0.26 cents per barrel, compared to yesterday’s price of $72.21 per barrel. It is noteworthy that the monthly
Turkiye’s exports rose by 2.3 percent in August, compared to the same month last year, recording $22.48 billion. Data issued today by the Ministry of Trade revealed a 10.7 percent decline in imports in August, compared to the same month
Gold remains on track for its best quarterly performance since the first quarter of 2016, after rallying on the back of a major U.S. interest rate cut. Spot gold fell 0.1 percent to $2,666.50 an ounce, remaining below the previous