Oil rose on Thursday, spurred by rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more government stimulus to ease the economic pain of the new coronavirus pandemic. Brent crude LCOc1 was up $1.78, or 8.7%, at $22.15 a barrel by 09ز40 GMT. U.S. crude…

Gold prices jumped as much as 1.9% on Wednesday on expectations for more fiscal and monetary stimulus measures amid massive economic damage due to stay-at-home and business shutdown orders around the world to limit the spread of the novel coronavirus. Spot gold was up 1.6% at $1,711.84 per ounce at 17:34 GMT,…

The Libyan Embassy in London claimed that the number of Coronavirus infections among the Libyan citizens living in Britain rose to 58, noting that the death toll jumped to 4. The Embassy said that infections include 23 children,14 women, and 21 men

A jump in the price of oil and the promise of more government stimulus to ease the economic pain inflicted by the coronavirus pandemic helped global equity markets surge on Wednesday, prompting investors to edge out of perceived safe-haven assets like U.S. Treasuries. U.S. crude and Brent both rose more than 7…