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- Dubai gold price surprises shoppers with near Dh7 jump after 3 days of drops
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26/12/2010 00:00 AST
Oil prices were mixed in quiet Christmas eve trade in Asia, coming off two-year highs buoyed by upbeat US consumer confidence figures, analysts said.
New York's main contract, light sweet crude for delivery in February, shed 13 cents to 91.38 dollars per barrel after hitting 91.63 dollars in intraday trade on Thursday, its highest level since October 2008.
Brent North Sea crude for February delivery advanced 18 cents to 94.43 dollars. Its price had soared to 94.54 dollars in intraday trade Thursday -- a level also last seen in early October 2008.
Crude prices were being supported "as confidence among US consumers advanced to six-month highs, signalling more fuel demand", the Commonwealth Bank of Australia said in a report.
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Channel News Asia
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Brent | 67.96 | 2.11 | 3.2 |
| WTI | 64.68 | 2.21 | 3.54 |
| OPEC Basket | 68.06 | 0.41 | 0.61 |
24/04/2025
Oil prices climbed more than 1 percent on Wednesday, extending the prior day's gains, as investors weighed a fresh round of US sanctions on Iran, a drop in US crude stocks and a softer tone from Pres
Reuters
23/04/2025
Saudi Arabia's crude oil production rose to 8.95 million barrels per day in February, marking a 0.34 percent monthly increase, according to the latest release from the Joint Organizations Data Initia
Arab News
23/04/2025
Oil prices climbed on Tuesday as investors took advantage of the previous day's losses to cover short positions, although concerns persisted over economic headwinds from tariffs and US monetary polic
Reuters
21/04/2025
Oil prices fell 1.5 percent on Monday as investors once again focused on concerns US tariffs on its trading partners will create economic headwinds that will reduce fuel demand growth, according to R
Reuters
17/04/2025
Oil prices extended gains on Thursday on the prospect of tighter supply after Washington imposed further sanctions to curb Iranian oil trade and as some OPEC producers pledged more output cuts to com
Reuters
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