China, the dollar and oil are once again the dominant factors
Trump's China comments were an ugly start to the U.S. trading session on Wednesday
London copper slipped on Monday and touched a near two-week low hit in the previous session on pressure from a stronger dollar
Ras Lanuf's storage tank No. 2 was hit and held 200,000 barrels of crude at the time, the official said.
Spot gold lost 1.8% to trade at $1,278.80 per ounce
Copper hit a near two-week low on Friday and clocked its biggest weekly loss since April
A Gulf source familiar with Saudi oil thinking said the meeting of OPEC and other major producers in Vienna on June 22 “will look into a number of options” to guarantee oil market rebalancing.
Tender deadline is June 26
Spot gold was steady at $1,301.34 per ounce
U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday
Brent crude was down 17 cents, or 0.2%, at $75.77 a barrel
Novak also said the gradual increase is possible from July 1