Business

Brent crude steadies after surge above $103

congodailynews.com
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas...
Gold stays above $4,400 before US inflation releases
Business

Gold stays above $4,400 before US inflation releases

congodailynews.com
Gold prices edged higher on Thursday as a softer U.S. dollar supported bullion before fresh U.S. inflation data. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery...
Oil prices swing after Brent tops $90 on supply strains
Business

Oil prices swing after Brent tops $90 on supply strains

congodailynews.com
Oil prices surged on July 29, pushing Brent crude above $90 a barrel as renewed Middle East fighting and tighter U.S. inventories lifted global benchmarks. Brent futures settled at $90.74, up $6.65, or 7.9%. West...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

congodailynews.com
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S....
Brent crude rises to $74.16 as oil prices climb
Business

Brent crude rises to $74.16 as oil prices climb

congodailynews.com
Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89....
Nikkei falls as caution returns to Tokyo stocks
Business

Nikkei falls as caution returns to Tokyo stocks

congodailynews.com
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The...
Global markets face disruption amid $17.3 trillion oil shock warning
Business

Bitcoin and crypto markets react to global $17.3 trillion oil shock

congodailynews.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South...