20 Hrs
Source:
عين ليبيا
Oil Gains as U.S.-Iran Talks Hinted
Commodity markets were volatile today, Tuesday, as oil prices rose amid investors' anticipation of potential talks between the United States and Iran on the sidelines of the United Nations meetings. Meanwhile, gold prices declined due to expectations of prolonged US interest rate hikes. Crude oil futures for West Texas Intermediate (WTI) increased by 1.69% to $97.40 per barrel, and Brent futures rose by 1.79% to $102.41. Conversely, gold dropped by 0.65% to $4,355.30 per ounce, with ongoing geopolitical tensions and expectations regarding US monetary policy directly impacting the markets.
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