Commodities
Detailed price performance and analysis with More Currencies News
Asia Naphtha/Gasoline-Gasoline margins extend gains despite rising stocks
Asia's gasoline crack extended gains on Thursday
Reuters NewsOil falls as OPEC+ sticks to regular output increase
Brent crude futures rose 85 cents, or 1.2%, to $69.72
Reuters NewsMiddle East Crude-Benchmarks slip amid uncertain supply outlook
Middle East crude benchmarks Oman and Dubai slipped on Thursday
Reuters NewsGold falls as Powell's hawkish remarks counter Omicron jitters
Spot gold fell 0.7% to $1,769.86 per ounce
Reuters NewsOPEC+ agrees to go ahead with planned January oil output hike
Brent oil prices tumbled to around $70 a barrel, down from October's three-year highs above $86
Reuters NewsGold falls to one-month low on Powell's hawkish remarks
Spot gold fell 0.3% to $1,777.87 per ounce
Reuters NewsSaudi Arabia's SAGO seeks 535,000 tonnes of wheat in tender
The wheat was sought in nine consignments, including two for the port of Jeddah, three each for Dammam and Yanbu, plus one for Jizan
Reuters NewsZawya Coverage
Will the UAE's rapidly growing cloud kitchens change the face of restaurant business?
Thursday Outlook: Omicron worries leave markets on edge, oil prices rise
Wednesday Outlook: Asian shares bounce from year low; oil climbs ahead of OPEC meeting
Saudi Arabia's economy set to grow 7% in 2022 driven by oil sector
Dubai real estate deals reach $871mln in the last week of November
Thursday Outlook: Omicron worries leave markets on edge, oil prices rise
Concerns grow over economic growth spurred by the new Omicron coronavirus variant
Opinion
Asian equities and currencies enjoy post-G20 bounce
Oil prices also rebound as Russia and Saudi Arabia agree to maintain production cuts ahead of Opec+ meeting
No let-up in trade war likely even if tariffs are reduced
Weekly Q&A: Stephen Innes, co-founder and multi-asset trader at Vanguard Markets
Will risk appetite weaken further in Q3?
Brexit uncertainty and the threat of withdrawal without a trade deal has placed pressure on the pound
Oil weighed down by demand concerns despite Middle East tensions
Traders seem more concerned about lack of future demand than they do about potential disruptions to supply
