Trump's China comments were an ugly start to the U.S. trading session on Wednesday
Stock market volatility, dollar weakness and geopolitical concerns may help the yellow metal mount a comeback.
The lowest offer for soyoil presented at Egypt's state purchase tender was at the equivalent of $782.50 a tonne.
Crescent Petroleum was the only bidder.
Crescent Petroleum was the lowest bidder with 9.21% remuneration before tax.
Iraq is offering 11 new blocks for exploration
Sinopec, Asia's largest refiner, plans to continue to cut its Saudi Arabian crude oil purchases for June and July loading.
Spot premiums for June-loading Russian crude sold in Asia are holding steady at high levels.
The fire, the result of a suspected act of sabotage on Saturday, had stopped flows from Waha's fields to the export terminal of Es Sider.
Oil edged higher on Wednesday, nearing three-year highs.
Imports bill for durum wheat, soft wheat, semolina and flour rose to $816.2 million in the first three months.
Jordan has struggled to make purchases in a series of wheat tenders in recent months.