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وكالة صدى نيوز
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وكالة صدى نيوز

2026-08-05T00:00:00.000Z

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Oil holds steady as gold edges up

Oil holds steady as gold edges up

Oil prices stabilized on Wednesday after a two-day decline, as markets remained cautious about developments in the region, especially around the Strait of Hormuz, through which approximately 20% of the world's oil trade passes. Futures prices for Brent crude rose by 0.33% to $79.62 per barrel, while U.S. West Texas Intermediate increased by 0.16% to $75.90, following a significant drop in the previous session fueled by hopes of a diplomatic resolution between Washington and Tehran. Meanwhile, gold prices saw a slight rise as the dollar weakened, as investors awaited U.S. employment data that could influence the Federal Reserve's decision on interest rate hikes.

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