Category: Industry

Gold Hits Record High amid Global Tensions

Gold prices surged to a record high on Wednesday, as conflicts in the Middle East and uncertainty surrounding the upcoming US election spurred demand for safe-haven assets.

Spot gold traded at $2,749.82 per ounce, after hitting an all-time high of $2…

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US Crude Oil, Gasoline Inventories Rise Last Week

The US Energy Information Administration announced Wednesday that US crude oil and gasoline inventories rose last week, while distillate inventories declined.

The administration, which is the statistical arm of the US Department of Energy in its shor…

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QCB Governor Meets Founder of SpaceX

HE Governor of Qatar Central Bank (QCB) and Chairman of Qatar Investment Authority Sheikh Bandar bin Mohammed bin Saoud Al-Thani met, during his visit to Washington DC, the United States of America, with Founder of SpaceX, Elon Musk.

During the meeti…

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Oil Prices Fall on China Slow Demand worries

Oil prices fell on Tuesday, paring the previous day as slow demand in China continued to weigh on the market.

Brent crude futures for December delivery were down 26 cents, or 0.3%, at $74.03 a barrel. US West Texas Intermediate crude futures for Nove…

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