Skip to main content Skip to footer Brent oil futures expiring in June rose by 0.6 percent to reach $90.89 per barrel
Gold prices remained undeterred despite the robust U.S. job growth in March
Investors await consumer price index data from U.S. and China later this week
The sector will surpass its previous record by an additional $770 billion, the report says
The rise in prices is fueled by geopolitical tension and supply concerns
Escalating geopolitical tensions and ongoing supply restrictions propel oil prices
The reserves surged by 14.4 percent
The global volume of digital wallets is forecasted to reach $12 trillion annually by 2028
Gold prices have reached new record highs in each session since last Thursday
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
China and U.S. demand boost prices amid Middle East conflict
U.S. dollar and Treasury yields remain firm, dimming expectations for June interest rate cuts
Softer U.S. inflation report strengthens bullish sentiment
China's manufacturing activity expanded for the first time in six months in March
Exports rose by 13.6 percent
Globally, spot gold remained stable at $2,195.34 per ounce
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
Tech giant to showcase innovations and proactive features aimed at revolutionizing user experience
Globally, spot gold stabilized at $2,179.98 per ounce
Market concerns rise as major producers hold output policy steady
China remains Saudi Arabia's top trade partner
Globally, prices continued to rise above the mid-$2,150 mark
The attacks caused potential disruptions to oil capacity, estimated at 900k bpd