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Gold prices will likely see additional support if a softer U.S. inflation report is released, raising hopes for a larger rate cut
Global benchmark Brent crude futures dipped 78 cents, or 0.95 percent, to $81.52 a barrel
OPEC also cut next year's demand growth estimate to 1.78 million bpd from the previous 1.85 million bpd
Among the top-ranking GCC cities were Kuwait City, Doha and Bahrain in the 3rd, 4th and 5th places, respectively
Before last week, oil prices recorded four consecutive weeks of losses amid fears of slowing economic growth
Brent oil futures slipped 0.1 percent to $79.11 a barrel
Fed's decision to hold rates for the seventh time impacted performance of global financial markets and Arab stock exchanges
The carrier’s European network already includes Budapest, Catania, Krakow, Milan-Bergamo, Prague, Salzburg, and Zagreb
U.S. dollar declined by 0.15 percent to 103.05, making greenback-priced bullion more affordable for other currency holders
Brent crude futures rose 23 cents, or 0.3 percent, to $78.56 per barrel
Markets are pricing in a 65 percent chance of a 50 basis point rate cut in September, the CME FedWatch tool revealed
Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel
