Category: Business

Oil Prices Edge Up on US Plan to Boost Reserve

Oil prices edged up today, after a sharp plunge in the previous session, as a US plan to buy oil for the Strategic Petroleum Reserve (SPR) provided some support.

Brent crude futures climbed 44 cents to $71.86 a barrel by, while US West Texas Intermed…

Gold Hovers Near Record High ahead of Key Economic Data

Gold prices lingered near record highs today, while investors awaited key economic data for clues on the US Federal Reserve’s interest rate trajectory.

Spot gold was up 0.5% at $2,755.42 per ounce. Prices hit a record high of $2,758.37 last Wednesday…