Commodity news, Oil & Gold News
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Financial Market Summary: The dollar is clearly declining, while oil stands..
The financial markets experienced notable movements today, influenced by important economic data, most notably the US Job Openings and Labor Turnover Survey (JOLTS) report for October, which showed strength..
Tuesday 03 December 2024 06:38pm | Source: ArabicTrader -
Gold Prices Rise Amid Fed Rate Cut Expectations and Escalating Geopolitical..
Gold prices edged higher during Tuesday's trading session, buoyed by strengthened market expectations of a possible US interest rate cut in December. This optimism was further fueled by remarks from..
Tuesday 03 December 2024 09:41am | Source: ArabicTrader -
Oil rises amid reports of extending production cuts and violations of the Lebanon..
Crude oil prices recorded a notable increase during trading on Tuesday, supported by reports indicating that the "OPEC Plus" alliance intends to extend production cuts until the end of the first quarter..
Tuesday 03 December 2024 08:48am | Source: ArabicTrader -
Reuters: OPEC+ intends to extend production cuts until the end of the first..
Reuters reported on Tuesday, citing informed sources within the OPEC+ alliance, that the group is likely to extend its current oil production cuts until the end of the first quarter of 2025. This move..
Tuesday 03 December 2024 08:24am | Source: ArabicTrader -
Crude Oil Prices Rise Slightly Amid Optimism for Strong Chinese Demand
Crude oil prices experienced a slight increase during Monday's trading, driven by optimism regarding the outlook for Chinese demand, following the release of positive economic data from China. Markets..
Monday 02 December 2024 11:26am | Source: ArabicTrader -
Market movements: The dollar is falling while gold and Bitcoin are rising!
The financial markets experienced noticeable volatility on Friday as the U.S. markets resumed trading after the Thanksgiving holiday. The performance of key assets, including currencies like the dollar..
Friday 29 November 2024 06:39pm | Source: ArabicTrader -
Crude Oil Prices Decline Amid Oversupply Concerns and Weak Demand Outlook
Crude oil prices have experienced a slight decline in global markets due to concerns over a potential oversupply of oil and weak demand, particularly as the Chinese economy slows down. Oil Price Performance..
Friday 29 November 2024 11:53am | Source: ArabicTrader -
Gold Prices Surge Amid Geopolitical Tensions and Dollar Decline
Gold prices witnessed a significant rise at the beginning of trading today, Friday, driven by escalating geopolitical tensions between Russia and Ukraine, alongside a decline in the performance of the..
Friday 29 November 2024 09:02am | Source: ArabicTrader -
Report: OPEC+ to Discuss Production Increase Delay
Reuters reported that the OPEC+ alliance has decided to postpone its meeting until December 5, allowing member countries additional time for in-depth consultations on the upcoming decisions regarding production..
Thursday 28 November 2024 05:11pm | Source: ArabicTrader -
The rise in crude oil prices after the postponement of the OPEC+ meeting.
Crude oil prices experienced a slight increase during Thursday's trading, supported by optimism regarding market oil supplies. This rise came after the OPEC+ alliance announced the postponement of its..
Thursday 28 November 2024 01:26pm | Source: ArabicTrader -
OPEC+ Announces Postponement of December Meeting to December 5
In a statement issued today, Thursday, OPEC+ officially confirmed the postponement of its upcoming meeting, which was originally scheduled for December 1, to December 5. The delay comes in response to..
Thursday 28 November 2024 09:31am | Source: ArabicTrader -
Crude Oil Prices Decline for the Third Straight Session Amid Rising Supplies
Crude oil prices have seen a significant decline during trading on Wednesday, marking a drop for the third consecutive session, amid increasing pressure from global oil supplies. These declines come in..
Wednesday 27 November 2024 06:12pm | Source: ArabicTrader -
American oil inventories are better than expected for the first time in 3 weeks!
Data released by the U.S. Energy Information Administration on Wednesday showed positive results for U.S. oil inventories for the week ending November 22, with figures coming in better than market expectations..
Wednesday 27 November 2024 03:32pm | Source: ArabicTrader -
Gold Prices Surge Amid US Dollar Weakness and Fed Rate Cut Expectations
Gold prices saw a substantial rise in today’s trading session, benefiting from a notable drop in the US dollar index, which further fueled market expectations for a potential reduction in US interest..
Wednesday 27 November 2024 11:20am | Source: ArabicTrader -
Summary of market movements after the Federal Reserve's minutes: the dollar..
The financial markets witnessed noticeable movements following the release of the results of the U.S. Federal Reserve's meeting in November, which included some important points that significantly impacted..
Tuesday 26 November 2024 07:36pm | Source: ArabicTrader
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