New york: Oil prices fell more than 2 percent at settlement today as traders grew more confident that tensions in the Middle East were easing. According to Qatar News Agency, Brent crude futures fell USD 1.94, or 2.04 percent, to USD 93.09 a barrel, after dropping 2.84 percent in the previous session. West Texas Intermediate (WTI) crude futures also saw a decline, falling USD 2.50, or 2.69 percent, to USD 90.54 a barrel, following losses of 3.1 percent on Thursday. Both benchmarks are on track for their first weekly gains in three weeks, with Brent up 1.18 percent and WTI up about 3.64 percent.
Gold Prices Climb by One Percent Amid Declining Oil Prices
London:Gold prices increased by approximately one percent, bolstered by a decline in oil prices as investors anticipate the upcoming US Federal Reserve monetary policy meeting for insights on future interest rate directions.
According to Qatar News …