Category: General

Oil Prices Rise, Brent Nears $100

Abu dhabi: Oil prices rose for a fourth consecutive session, gaining more than US$1 in early trading on Wednesday: Brent crude futures rose $1.57, or 1.6 percent, to $99.49 per barrel by 00:01 GMT, while US West Texas Intermediate (WTI) crude gained $…

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Wall Street Closes Lower as Dow Drops 628 Points

Abu dhabi: Wall Street’s major indexes ended Tuesday’s trading session lower. The S and P 500 fell 45.08 points, or 0.58 percent, to 7,673.52, while the Dow Jones Industrial Average dropped 628.18 points, or 1.18 percent, to 52,786.07. The Nasdaq Comp…

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