Commodity news, Oil & Gold News
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Gold rebounds from its highest levels since the end of October, awaiting Trump's..
Gold prices decreased slightly during trading on Thursday, pulling back from their highest levels since October 31, nearly three months ago, amid anticipation from investors for a speech by U.S. President..
Thursday 23 January 2025 09:48am | Source: ArabicTrader -
Financial markets performance today: the dollar rises, oil decreases, and Bitcoin..
Financial markets experienced noticeable fluctuations on Wednesday, despite the absence of significant economic data. Nonetheless, the Economic Forum in Davos became a central focus of economic events,..
Wednesday 22 January 2025 07:46pm | Source: ArabicTrader -
Oil under pressure: Rise in Saudi exports exacerbates concerns over supply glut.
Crude oil prices recorded a slight decline during trading on Wednesday, marking the third consecutive day of losses this week, influenced by growing concerns about the surplus of oil supply in the markets..
Wednesday 22 January 2025 07:14pm | Source: ArabicTrader -
Gold Prices Fluctuate Amid US Dollar Strength and Trump’s Policy Impacts:
Gold prices witnessed noticeable fluctuations during trading on Tuesday, influenced by the strength of the US dollar and the financial markets' evaluation of former President Donald Trump's policies..
Tuesday 21 January 2025 02:41pm | Source: ArabicTrader -
Saudi Minara Metals Plans Major Investment in Pakistan’s Reko Diq Mining Project
Saudi Minara Metals, a leading player in the mining sector, has announced plans to acquire a stake ranging from 10% to 20% in Pakistan's Reko Diq copper and gold mining project. The value of the acquisition..
Tuesday 21 January 2025 12:48pm | Source: ArabicTrader -
Aramco expects oil market growth in 2025 and increased demand amid new American..
Amin Nasser, the CEO of Saudi Aramco, confirmed today, Tuesday, in statements to Reuters on the sidelines of the World Economic Forum in Davos, that the global oil market is heading in a positive direction,..
Tuesday 21 January 2025 11:59am | Source: ArabicTrader -
Oil Prices Decline Following Trump’s Energy Plans and Eased Russian Sanctions
Crude oil prices experienced a noticeable decline during trading on Tuesday, shedding their highest levels since August. This drop came after the inauguration speech by U.S. President Donald Trump, in..
Tuesday 21 January 2025 11:19am | Source: ArabicTrader -
Crude Oil Prices Drop Amid Concerns Over Weak Chinese Demand
Crude oil prices declined slightly at the beginning of the week, affected by growing concerns over weak Chinese demand for oil, following Monday's data that showed a drop in Chinese oil demand in 2024. Global..
Monday 20 January 2025 10:38am | Source: ArabicTrader -
China's Imports of Russian Crude Oil Reach Record High Amid Decline in Total..
Official data from China's General Administration of Customs revealed that the country’s imports of Russian crude oil increased by 1% in 2024 compared to the previous year, reaching a record..
Monday 20 January 2025 09:52am | Source: ArabicTrader -
Financial Markets Summary: Dollar and Bitcoin Rise Amid Slight Decline in Gold..
The financial markets witnessed notable movements today, Friday, coinciding with the release of somewhat positive U.S. economic data, the highlight of which was the housing sector data, shedding light..
Friday 17 January 2025 07:47pm | Source: ArabicTrader -
Financial Markets Summary: Gold is the standout winner while oil plummets sharply!
The financial markets experienced significant movements today, Thursday, following the release of a set of disappointing U.S. economic data. Among the most notable were the retail sales and unemployment..
Thursday 16 January 2025 06:39pm | Source: ArabicTrader -
U.S. Natural Gas Inventories Decline Less Than Expected
Data from the U.S. Energy Information Administration (EIA) released today, Thursday, revealed that U.S. natural gas inventories decreased by 258 billion cubic feet during the week ending January 10. This..
Thursday 16 January 2025 03:31pm | Source: ArabicTrader -
OPEC Predicts Continued Oil Demand Growth Through 2026
OPEC's latest monthly report highlights an expected rise in global oil demand in 2026, forecasting an increase of 1.43 million barrels per day, which is similar to the anticipated growth rate for 2025..
Thursday 16 January 2025 02:17pm | Source: ArabicTrader -
Gold records its highest levels in more than a month as Trump's inauguration..
Gold prices rose during trading on Thursday, continuing to expand gains for the third consecutive session, following the release of U.S. inflation data and renewed expectations for further interest rate..
Thursday 16 January 2025 11:17am | Source: ArabicTrader -
U.S. Oil Inventories Decline More Than Expected
Data from the U.S. Energy Information Administration (EIA) released on Wednesday revealed a sharper-than-expected drop in U.S. oil inventories for the week ending January 10, marking the third consecutive..
Wednesday 15 January 2025 03:30pm | Source: ArabicTrader
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