Oil Prices Rise, Gold Recovers Losses – Latest Situation in Commodity Markets

eanlibya.com

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Oil and gold prices rose during Wednesday's dealings, with crude recovering from its lowest levels in two months due to constant concerns... the post-oil and gold rise amid tense energy markets and fears of tightening US interest appeared first on Libya's eye.

Habertürk

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Gram gold started the new day with an increase, rising to 6,651 lira, while ounce gold is trading at $4,054 due to the decline in the dollar index. Inflation in the US and expectations regarding the Fed's interest rate policy remain the focus of the markets, while Brent crude oil rose to $92.4, influenced by the attacks in the Strait of Hormuz and a decrease in US inventories.

IMLebanon

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Oil prices rose today Wednesday, after falling to their lowest levels in two months during the previous session, as the market fluctuated between hopes of calming the US-Iran conflict and fears of ongoing attacks on ships in the Strait of Hormuz, according to the Reuters agency. Future contracts for Brent increased 71 cents, or 0.78 percent, to $92.20 per barrel by... read more.

Banker.az

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Global commodity markets saw an increase in the prices of oil, gold and a number of industrial metals on November 11. Geopolitical tensions in the Middle East, expectations of US monetary policy and risks related to global supply are the main factors affecting prices. Banker.az reports that Brent crude oil rose by 0.78% to $92.20 per barrel, while US WTI crude oil rose by 0.57% to $92.20 per barrel.