Gold resistance at $1,260/oz, 55-day moving average
World stocks could be about to record their best start to a year since 1998.
Crude is still set for its worst first-half decline in two decades despite ongoing production cuts.
A Chinese court meted out a nearly CNY700 million ($102.4 million) punishment to a Russian-controlled high-frequency trading firm for futures market manipulation.
Oil edged up on Friday, recovering some of its steep falls earlier in the week, but crude is still set for its worst first-half decline in two decades despite ongoing production cuts. Ciara Lee reports.
The Joint Opec-Non-Opec Ministerial Monitoring Committee (JMMC) stated that countries participating in the production cut agreement recorded 106% conformity with their voluntary adjustments in production
The lowest offer after accounting for shipping costs was presented by Cerealcom for 60,000 tonnes of Russian wheat at $207.09 per tonne.
Gold prices rose for a second straight day on Thursday, supported by an easing dollar and weakness in U.S. Treasury yields.
Brent crude futures were 9 cents, or 0.2% higher
Fiscal break-even oil prices are defined as the minimum oil prices needed to meet the spending commitments of oil-exporting countries while balancing their budgets