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Saudi Arabia’s crude production rose by 18,000 barrels per day to 10.45 million in January, while global crude production fell for a third consecutive month to a seven-month low, according to the latest data from the Joint Organizations…
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Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected increase in interest rates in the US, the world’s biggest oil user, may limit fuel demand growth. Brent crude futures for…
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Gold hit its first weekly gain in six on Friday as a pullback in US Treasury yields and the dollar’s decline bolstered non-yielding bullion’s safe-haven appeal as economic risks persisted. Spot gold rose and is currently priced at…
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Oil prices climbed in Asia trading on Friday, rebounding from previous declines amid supply tightness and geopolitical tensions, even though weakened demand in the US has cast a shadow on the market this week, according to Reuters. Brent…
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American media reported, Thursday morning, a significant decline in gold prices, against the background of the dollar’s ​​rise against other global currencies. And the American “Bloomberg” agency, quoting trading data, stated that the…
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The death toll of children in last week’s devastating earthquake in southeastern Afghanistan has risen to at least 155, the United Nations said as the scope of the deadliest quake to hit the impoverished country in two decades comes into…
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Pakistan’s aviation regulator has made masks mandatory on domestic flights given a gradual rise in the number of COVID-19 cases across the country, it said a statement. The order comes a day after Pakistan’s biggest city, Karachi,…
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Gold prices inched lower on Thursday as the dollar recovered slightly after a large but widely expected interest rate hike by the US central bank sent the currency tumbling in the previous session. Spot gold fell 0.1 percent to $1,831.63…
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Bitcoin, the leading cryptocurrency internationally, traded higher on Monday, rising by 4.90 percent to $31,188.36 as of 8:00 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,880.47 up by 4.01 percent,…
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The death toll in the collapse of a building in southwestern Iran rose Monday to at least 41, state media reported, two weeks after the disaster struck. Ehsun Abbaspour, the governor of the city of Abadan, gave the figure based on an…
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