India, Sept. 16 -- Oil price is sliding on Wednesday. The Middle-East conflict continue to be a concern for investors. Initial trends from the U.S. Futures Index suggest that Wall Street might open positive.

The Brent crude futures slipped 0.8 percent to $107.89.

Gold prices advanced. Spot gold jumped 0.9 percent to $4,331.73 an ounce. U.S. gold futures were up 0.9 percent at $4,373.50 an ounce..

As of 7.55 am ET, the Dow futures were gaining 166.00 points, the S&P 500 futures were up 26.00 points and the Nasdaq 100 futures were gaining 162.50 points.

The U.S. major averages ended Tuesday firmly in negative territory. The Dow declined 328.09 points or 0.6 percent to 52,093.11, the Nasdaq slid 204.84 points or 0.8 percent to 25,981.57 an...