Category: Business

Oil Extends Losses on Expected OPEC+ Supply Boost

Oil prices extended losses on Monday on expectations of higher OPEC+ production from October while signs of sluggish demand in China and the United States raised concerns about future consumption growth.

Brent crude futures were down 56 cents, or 0.7…

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Gold Prices Steady with US Economic Data in Focus

Gold prices were steady on Monday as investors looked to a key US jobs data to firm their bets on the size of the Federal Reserve’s interest rate cut expected this month.

Spot gold was last at $2,502.89 per ounce, while US gold futures inched up 0.3%…

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