Bloomberg Oil climbed, ending a week in which it swung by more than $20 a barrel after Russia’s invasion of Ukraine roiled global markets and fueled fears of a supply crunch. Futures in New York and London were up about 3% on Friday. Brent, the global benchmark, has traded in the biggest range since the launch of the futures ...

  ABU DHABI / WAM The UAE has sent a plane carrying 46 tonnes of food supplies to Malawi, as part of the UAE’s ongoing assistance to friendly countries. This supports their efforts to meet children’s needs for food and nutritional supplements in the African nation. “Sending essential food supplies to the friendly Republic of Malawi is an embodiment of the ...

  DUBAI / WAM The month of February saw the Dubai Gold & Commodities Exchange (DGCX) registered trades with a total value of $13.681 billion, as global markets responded to rising inflation, mounting oil prices as well as the Russian — Ukrainian conflict, which resulted in continued volatility during the last week of the month. The exchange registered a monthly ...