Oil prices were little changed on Friday but were set for their biggest weekly decline since October as the uncertainty around U.S. tariff policy is creating concerns about demand growth at the same time major producers are set to increase output. Brent futures rose 17 cents, or 0.24%, to $69.63 a barrel by 0315 GMT. […]
Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however tariff uncertainties and a rising supply outlook capped gains. Brent futures were trading up 39 cents, or 0.56%, at $69.69 a barrel by 0416 GMT, while U.S. West Texas Intermediate crude (WTI) futures climbed 39 cents, or 0.59%, to […]
Most Asian currencies firmed on Thursday, while the dollar wallowed at four-month lows after the U.S. offered some concessions in recent trade tariffs against Canada and Mexico. But sentiment still remained fragile as U.S. President Donald Trump made no exemptions in his 20% tariffs on China, drawing ire and retaliation from Beijing. Investors were digesting […]
Gold prices edged lower in Asian trading on Wednesday as the U.S. dollar ticked up, though escalating trade tensions following President Donald Trump’s tariff announcements kept losses in check due to sustained safe-haven demand. Spot Gold inched 0.2% lower $2,912.0 per ounce, while Gold Futures expiring in April gained 0.1% to $2,922.72 an ounce by […]
Oil prices fell slightly in Asian trade on Wednesday as markets remained on edge over tariff-related headwinds and increasing global production, with focus turning to stimulus measures in top importer China. On Tuesday, prices had fallen to a five-month low as investors worried about worsening demand and economic woes caused by increased U.S. trade tariffs. […]
