Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns

Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns

Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon. Brent crude futures fell by as much as $1, or 1.1% to … Read more

Cease-fire talks with Israel and Hamas are expected to resume Sunday in Qatar

Cease-fire talks with Israel and Hamas are expected to resume Sunday in Qatar

Israel and Hamas have made moves aimed at getting the ceasefire talks back on track. File | Photo Credit: AP Stalled talks aimed at securing a ceasefire in the war between Israel and Hamas are expected to resume in earnest in Qatar as soon as on Sunday, according to Egyptian officials. The talks would mark … Read more