Oil Prices Steady as Omicron Caution Lingers
Oil prices were steady on Wednesday as fears of tight supply were offset by COVID-19 concerns.
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Oil prices were steady on Wednesday as fears of tight supply were offset by COVID-19 concerns.
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omicron COVID-19 variant and as China said it would be able to sustain economic growth.
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Gold prices edged higher on Tuesday as a subdued U.S. dollar made bullion cheaper for holders of other currencies while the threat to global economy from a surge in the Omicron variant cases also...
Gold prices edged up on Thursday as the dollar eased, although hawkish comments by U.S. Federal Reserve policymakers dented the metal's appeal and kept it well below the key $1,800 mark.