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By Scott DiSavino NEW YORK, Sept 28 (Reuters) - Oil prices settled slightly higher on Monday on worries about ongoing supply disruptions as Qatari mediators pledged to hold talks with the US and Iran
Oil prices have increased for a second consecutive session amid ongoing concerns regarding supply disruptions from the Middle East. Brent crude futures rose to $105.91 a barrel as traders reacted to the situation. Efforts to negotiate an end to the conflict between the US and Iran are ongoing. Meanwhile, the US is…
Gold opened the week sharply lower, falling 2.6% to $4,170 an ounce as rising crude prices fueled inflation worries and reinforced expectations of tighter Fed policy, while investors monitored the Strait of Hormuz standoff and upcoming interest rate decisions.