Day: July 7, 2025

Oil Drops on Surprise OPEC+ Output Hike

Doha: Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over US tariffs and their potential impact on global economic growth weighed on demand expectations. Brent crude futures …

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Gold Prices Fall as Trade Progress Dampens Demand

Doha: Gold prices dropped on Monday after US President Donald Trump signaled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal. Spot gold fell 0.6% to $3,314….

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