Oil rises as OPEC+ may delay oil output hike

Oil prices rose more than 2.0 per cent on Wednesday, after Reuters reported OPEC+ could delay a planned oil production increase scheduled to take effect in December by a month or more, due to concerns about soft oil demand and rising supply, reports Reuters.Brent crude futures gained $1.41, or 2.0...

Global gold demand steady in Q3

LONDON, Oct 30 (Reuters): Global gold demand excluding over-the-counter (OTC) trading was steady year-on-year at 1,176.5 metric tons in the third quarter as higher investment activity offset reduced jewellery consumption, the World Gold Council (WGC) said on Wednesday.Spot gold prices are up 34 per cent so far this year, heading...