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Day: October 25, 2024

Oil Prices Fall at Settlement

Doha: Oil prices slipped at settlement today as traders weighed risks from Ukrainian drone strikes on Russian energy sites and rising tensions between the United States and Venezuela. Brent crude futures fell 72 cents, or 1.14 percent, to close at $62…

Oil Rises, Heads for Weekly Gain

Oil prices rose on Friday and are on track for a weekly gain of more than 1% amidst tensions in the Middle East, the world’s top oil-producing region.

Brent crude futures climbed 45 cents, or 0.6%, to $74.83 a barrel.

US West Texas Intermediate cru…

Four People Killed in Israeli Raids on Southern Lebanon

Four people were killed in Israeli raids on southern Lebanon.

The Lebanese News Agency reported that an Israeli airstrike targeted the town of Kfar Dounin in southern Lebanon, killing one person and wounding another. The bodies of three dead people …

Three Killed, Four Injured in Israeli Raid Eastern Lebanon

Three people were killed and four others injured following an Israeli raid on the town of Nabi Sheet in Baalbek Governorate, eastern Lebanon, according to Lebanon’s National News Agency (NNA). Efforts are ongoing to clear rubble and search for any ad…

Kuwaiti Oil Reaches $75.54 a Barrel

The price of Kuwaiti oil increased $0.35 a barrel to $75.54 per barrel in trading yesterday, data showed today.

In global markets, Brent crude futures fell by $0.58, reaching $74.38 per barrel at settlement, while US West Texas Intermediate crude fu…

Gold Prices Fall amid Geopolitical Tensions

Gold prices eased on Friday but were on track for a third straight weekly gain as elevated geopolitical tensions boosted safe-haven appeal.

Spot gold slipped 0.4% at $2,725.73 per ounce. Prices hit a record high of $2,758.37 on Wednesday and gained …

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