Oil jumps 4% in technical rebound from 2-month lows
Oil jumps 4% in technical rebound from 2-month lows
New York - Arab Today
Oil prices surged 4 percent on Tuesday, buoyed by investors covering short positions and an equities rally that lifted riskier assets globally, helping crude stage a technical rebound from two-month lows hit the previous session.
Brent crude futures were up $2.03, or 4.4 percent, at $48.28 per barrel by 1622 GMT. US crude's West Texas Intermediate futures rose $1.86, or 4.2 percent, to $46.62. Oil prices hit two-month lows on Monday, with Brent sliding under $46 while WTI fell to nearly $44.
Source: Arab News
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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