Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.
He said demand for bullion continues to broaden, led by central banks that have been adding to their reserves alongside growing private-sector interest.
Oil gained after Iran-backed Houthi militants said they targeted two Saudi Arabian tankers in the Red Sea, escalating the Middle East conflict and threatening deeper supply disruptions.
The agreement will provide U. S. companies with access to Saudi Arabia's nuclear energy program, the Department of Energy said.
Oil prices rose sharply in post-settlement trading Wednesday, with Brent crude oil rising near $95 a barrel after Yemen’s Iran-backed Houthi rebels said they struck two Saudi tankers.
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