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The Federal Reserve will likely hold interest rates steady on January 29
Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel
Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further
The 2026 outlook matches OPEC's long-term view that oil consumption will keep increasing over the next two decades
Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year
Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel
DMCC expects the construction of the tower to end by Q1 2027, with full operations beginning shortly after
Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks
Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel
Data on Tuesday showed that U.S. producer prices increased moderately in December
The U.S. dollar index fell 0.32 percent to 109.60, remaining near its two-year peak
Crude oil WTI futures for March also fell by 0.3 percent, reaching $77.12 per barrel
Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel
The U.S. dollar index gained 0.17 percent to 109.83, making bullion less attractive for other currency holders
Prices are set for weekly gains as uncertainty over U.S. interest rates and trade tariffs boosts safe haven demand
Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel
This move is anticipated to further enrich the Saudi market.
Brent crude futures for March delivery decreased by 0.5 percent, settling at $75.79 per barrel
The U.S. dollar index held steady at 109.09, nearing the two-year high it touched last week
Shares of the online cosmetics retailer soared to as high as SAR45.5 ($12.1) each
The U.S. dollar index gained 0.03 percent to 108.57, making bullion less attractive for other currency holders
West Texas Intermediate crude futures also rose by 0.5 percent to $73.97 a barrel
The benchmark 10-year Treasury yield hit its highest since May 2024 yesterday, impacting bullion's rise
U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42
