The oil market is stabilising amidst compliance of OPEC+ members with the agreement to cut oil production.
Brent crude is the leading global benchmark for Atlantic basin crude oils.
Brent crude is the leading global benchmark for Atlantic basin crude oils.
The commodity typically gains when there are increased stimulus measures from major central banks
Oil prices retreated further on Monday, with prices down more than 10% in less than a week.
Brent oil futures fell in an attempt to pull back some of its losses of about 8%.
Recent dip is as a result of fears that a second wave of COVID-19 pandemic will disrupt the market.
Gold was up again on Wednesday in Asia, leveraging on its gains from the previous session. The safe-haven asset had jumped by 1.2% during the previous...
Copper futures on the LME gained about 0.8% at $5,822 per ton in official trading, after touching its highest level since Jan.
Gold futures have been down lately, as global investors lose interest in various safe haven assets and instead, commence investments in riskier assets.
