Day: June 8, 2026

Oil Rises Over $2, US Crude Reaches $92.64 per Barrel

Doha: Oil prices were up more than $2 a barrel on Monday after eroding hopes for an end to the wider war and a restart to crude flows through the Strait of Hormuz. US crude futures were up $2.10, or 2.32%, at $92.64 per barrel, while Brent crude futur…

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Gold Extends Losses Amid US Rate-Hike Concerns

Doha: Gold prices extended losses on Monday on rising fears of a US rate hike after a strong jobs report. Spot gold fell 0.4% to $4,313.11 per ounce. Prices had already decreased about 3% on Friday, reaching the lowest point since March 24. US gold fu…

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Oil Prices Rise by Over USD 4 Per Barrel

Doha: Oil prices rose by more than USD 4 per barrel on Monday. Brent crude futures jumped USD 4.42, or 4.47 percent, to USD 97.15 per barrel. US West Texas Intermediate crude futures also rose USD 4.07, or 4.50 percent, to USD 94.61 per barrel.

Acco…

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