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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie
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Oil Prices Rise Today as Gold and Dollar Fall


Wed 18 Jan 2023 | 01:57 AM
Oil Prices Plunge after Federal Reserve Rate Hike
Oil Prices Plunge after Federal Reserve Rate Hike
H-Tayea

Benchmark US crude oil for February delivery rose 32 cents to $80.18 a barrel Tuesday. Brent crude for March delivery rose $1.46 to $85.92 a barrel. 

Wholesale gasoline for February delivery rose 2 cents to $2.55 a gallon. February heating oil fell 1 cent $3.25 a gallon. February natural gas rose 17 cents to $3.59 per 1,000 cubic feet.

Gold for February delivery fell $11.80 to $1,909.90 an ounce. Silver for March delivery fell 30 cents to $24.07 an ounce and March copper was unchanged at $4.22 a pound.

The dollar fell to 128.35 Japanese yen from 128.58 yen. The euro fell to $1.0793 from $1.0821.