Category: Business

Oil Prices Slide Over 1% on Easing Geopolitical Tensions

Muscat: Oil prices slid by more than 1% in early Asian trading today, weighed down by easing geopolitical concerns. Brent crude futures fell 89 cents, or 1.31%, to $67.16 a barrel, while US West Texas Intermediate (WTI) crude futures dropped 79 cents,…

Gold, Silver Extend Gains on Weaker Dollar

Muscat: Gold and silver prices extended their gains in early Asian trading today, buoyed by a weaker US dollar, while investors looked ahead to a key US jobs report later this week for clues on the future path of interest rates. Spot gold rose 1.4% to…