Category: Industry

Basra crude records losses for the fifth week in a row

Basra crude “heavy and medium” recorded losses for the fifth week in a row, at a time when global oil prices recorded the first gains after four weeks of losses.

Basra heavy crude closed in its last session yesterday, Friday, up 79 cents to reach $ 7…

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Basra crude records losses for the fifth week in a row

Basra crude “heavy and medium” recorded losses for the fifth week in a row, at a time when global oil prices recorded the first gains after four weeks of losses.

Basra heavy crude closed in its last session yesterday, Friday, up 79 cents to reach $ 7…

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Gold Prices Fall as Traders Await Fed Rate Cut Cues

Gold prices fell on Friday and headed for a weekly decline, while investors awaited further cues to gauge the size of a potential US interest rate cut in September.

Spot gold was down 0.2% at $2,421.31 per ounce, after rising more than 1% on Thursday…

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