Oil prices finished higher on Friday, with U.S. benchmark crude marking another finish at their highest since November and posting a third straight weekly.
Gold futures fell for a second session on Wednesday to settle at a fresh three-week low. The latest U.S. consumer price index data offered “little clarity”.
Markets cheer softening US inflation - Financial Mirror financialmirror.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialmirror.com Daily Mail and Mail on Sunday newspapers.
When the West rolled out its unprecedented price cap on Russian oil late last year, it hoped to starve Moscow of much-needed revenue while minimising the impact on other countries.Moscow had taken its own steps to soften the impact of the price cap, including before its introduction eight months ago.
When the West rolled out its unprecedented price cap on Russian oil late last year, it hoped to starve Moscow of much-needed revenue while minimising the impact on other countries.