Oil prices climb, helped by supply curbs

Oil prices climb, helped by supply curbs

Oil prices rose overnight, supported by signs that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions easing. Brent crude futures gained 64 US cents, or 1.8 per cent, to settle at $US36.17 a barrel....
Oil prices climb, helped by supply curbs

Gold prices dip on profit-taking

Gold eased overnight in holiday-thinned trade as some investors took profits, though lingering US-China tensions and extensive stimulus measures by governments worldwide limited decline. Spot gold fell 0.3 per cent to $US1,728.55 per ounce by 1758 GMT. US gold futures...
Oil prices climb, helped by supply curbs

Copper prices reach 10-week high

Copper prices have hit 10-week highs overnight as easing COVID-19 lockdowns around the world raised expectations of stronger demand and economic activity. Benchmark copper on the London Metal Exchange rose to $US5,464 a tonne, the highest since March 13, before...
Oil prices climb, helped by supply curbs

Oil prices surge after early vaccine tests

Oil prices overnight jumped to their highest values in over two months on positive early results on a potential coronavirus vaccine, optimism about a resumption in economic activity and signs producers were following through on planned output reductions. Brent futures...
Oil prices climb, helped by supply curbs

Oil prices jump on signs of higher demand

US crude prices have reached their highest price since March, on strengthening fuel demand as countries around the world eased travel restrictions they had imposed to curb the spread of the coronavirus. US crude gained 19.7 per cent last week and Brent crude rose 5.2...