commodities
Brent Crude Rallies as OPEC+ Reaffirms Production Cut Commitments
Oil prices advanced as OPEC+ member nations agreed to maintain output quotas, offsetting concerns over global demand growth.
Salala Times Markets Desk 7/29/2026
Crude oil, precious metals, natural gas, and agricultural markets.
Oil prices advanced as OPEC+ member nations agreed to maintain output quotas, offsetting concerns over global demand growth.
Industrial metals advanced sharply as mine supply disruptions coincided with accelerating copper demand for grid modernization and EV manufacturing.
Precious metals extended gains as central bank bullion purchases and safe-haven asset demand pushed gold futures above key psychological levels.