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The Watch
Oil declines further in early Monday trade
Oil fell on Monday due to concerns about sluggish demand in China, despite geopolitical tensions in the Middle East…
Egypt confident in ability to satisfy FX demand – PM
The Egyptian state is confident in its ability to satisfy the demand for foreign currency from now on, Egypt’s…
Gold prices remain above $2,100
Gold prices remained above the $2,100 mark on Wednesday, close to the record high reached in the previous session.
Oil unchanged in Wednesday trade
Oil remained unchanged after earlier losses, as high US inventories competed with expectations for OPEC+ to extend…
China, Europe to drive LNG demand up in ’24
The global LNG demand is expected to increase this year as consumption in Europe rises and top buyer China returns…
Gold steady amid dollar-yield tussle
Gold prices remained stable on Wednesday, as the impact of a stronger dollar was somewhat balanced by lower US…
Oil prices surge due to concerns on shipping
Oil prices rose on Tuesday, building on gains from the previous day due to attacks on shipping in the Red Sea that…
US dollar drops ahead of key data
The US dollar performance faced downward pressure on Tuesday as investors awaited US economic data to gauge the…
Oil declines in early Monday trade
Oil continued its decline after experiencing a weekly drop, as traders awaited new indications regarding global…
Oil holds gains in early Thursday trade
Oil held gain and prices remained within a narrow range while worries about weak demand were offset by tighten…