Oil markets cautious as OPEC cuts are met by rising US output
Oil prices fell on Tuesday as the cautious sentiment of the past week prevailed, despite ongoing OPEC-led…
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prices
Egypt’s costs of subsidised petroleum products up 68% in Q1-FY2018
Egypt's cost of subsidised petroleum products rose 68 percent to 23.5 billion Egyptian pounds ($1.33 billion)…
Oil mixed on expected strong China demand, rising US output
Oil markets were mixed on Wednesday, with international crude prices supported by expectations of strong Chinese…
Gold edges higher as dollar slips
Gold prices inched higher early on Wednesday, as the dollar slipped after a media report suggested that the…
Dollar slips broadly on report of possible delays to US corporate tax cut
Dollar prices slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a…
Amazon cuts prices of products from third-party sellers to draw sales
Amazon.com is cutting prices of products from third-party sellers on its website, moving beyond its more typical…
Gold prices steady, but Fed rate hike concerns weigh
Gold held steady on Monday, but hovered near a one-week low hit in the previous session, as largely upbeat U.S.…
Oil hits highest levels since 2015 amid tightening markets, Saudi purge
Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia's…
Dollar rises vs yen, supported by Fed rate hike expectations
Dollar prices touched its highest level in nearly eight months versus the yen on Monday, supported by expectations…
Amazon allowed by law to undercut Australian businesses: regulator
Competition laws will allow Amazon to undercut local businesses with loss-making prices when it opens for business…