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Oil futures contracts rise after the collapse

News Date: 16/9/2022 02:02:56
 

According to the New York Mercantile Exchange, futures contracts for gold fell, as they were traded in December at $1642.4 an ounce, it decreased by 0.29%.

Gold has already traded lower session at $1670.00 per ounce.

 

On the other hand, futures contracts for crude oil rose by 0.25%, to be traded in October at a price of $85.31 a barrel.

It was previously traded at a high of $85.55 a barrel.

 

US stocks closed lower at the end of trading yesterday, Thursday, as they pull their indices to the downside, this caused a number of losses in sectors especially oil and natural gas.

 

The Jones Industrial Average ended its trading in New York down by 0.56%, while the Standard & Poor’s 500 Index declined by 1.13%, and the Nasdaq Index fell by 1.43%.

 

In the Tokyo Stock Exchange, the Nikkei index fell at the beginning of trading on Friday by 0.88% to reach $27631.39, while the Topix index fell by 0.65% to reach $1937.84.

 

The dollar pair fell against the euro by 0.10% at the time of writing, the same with the dollar against the Australian dollar, which fell by 0.09% at the time of writing.

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