Washington - Ma'an - Oil prices rose in trading on Monday, amid fears that the conflict in the Middle East could expand to Lebanon. By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures rose 0.61% to $77.63 per barrel, while Brent crude futures rose 0.68% to $81.68 per barrel. Experts believe that concerns about escalating tensions in the Middle East led to a new wave of oil purchases, but fears of weak demand from China limited the rise in black gold prices. Source: Maan News Agency
Gold Prices Inch Up as Other Precious Metals Decline
Dubai:Gold prices edged higher on Wednesday, with spot gold increasing by 0.1 percent to reach US$3,931.24 per ounce by 0306