Oil Prices Surge Ahead of OPEC+ Meeting, Easing Debt Ceiling Concerns

[ad_1] Last Updated: June 02, 2023, 01:43 IST New York, United States of America (USA) Brent crude futures settled at $74.28 a barrel, up by $1.68, or 2.3%, to $74.65 a barrel, their biggest daily gains since May 17. (Image: Reuters File) U.S. West Texas Intermediate crude (WTI) rose $2.01, or 3%, to settle at … Read more

Gold Remains Firm Amid Lower Treasury Yields and Dollar Strength

[ad_1] Last Updated: May 31, 2023, 23:48 IST New York, United States of America (USA) U.S. gold futures rose 0.5% at $1,987.20. Spot gold was up 0.4% at $1,967.29 per ounce by 1209 EDT (1609 GMT) on weaker-than-expected Chicago purchasing managers’ index (PMI)data Gold firmed on Wednesday supported by lower Treasury yields but the dollar’s … Read more

Wall Street, European Shares Rally on Progress in US Debt Ceiling Deal

[ad_1] Last Updated: May 26, 2023, 23:53 IST New York, United States of America (USA) On Thursday US President Joe Biden expressed confidence about the talks, saying there will be no default and that recent talks had been productive.U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be closing in on an … Read more