Soundbites in favour of extending oil production cuts having little impact in the face of rising US output.
Saudi Arabia's Opec governor claims major oil producers were converging on the need to extend production cuts.
Five-month low oil prices and a downturn in the commodities sector weighed heavily on investors.
Futures trades in the yellow metal see drop of over $20 as US central bank hints at another interest rate hike.
Market sentiment increasingly factoring incremental shale oil barrels as Baker Hughes records another US rig count rise.
Tug of market direction between higher US oil production and Opec output cuts is in full play.
Rising crude production stateside continues to drag down crude prices despite producers' soundbites in favour of extending cuts.
Quotes from key producers over possible output cuts fail to fire traders' imagination.
Market chatter on fresh Saudi-Russia pact stems oil price decline as threat from rising US shale production rises.
Rise in supply of Chinese steel made from cheaper iron ore and global oversupply have triggered a heavy drop in ore prices.
As the greenback slid on the president's comments, safe-haven investors extended gold trades.
She was dubbed as 'one of the most powerful officials of President Goodluck Jonathan'.
Bearish data from US failed to halt gains in oil market as traders speculate over extension of Opec cuts.
As the dollar strengthened, gold futures and spot price took a tumble.
London Stock Exchange drafts Prime Minister to lobby Saudi government for state oil company mega stock listing.
Worries over French presidential election, Trump and Brexit drive gold market sentiment as the dollar weakens.
Libyan production rebound puts pressure on crude futures riding high on the back of Opec output cut chatter.
Slow day in commodities sees oil and gold futures register most moves as dollar remained strong intraday.
Gold price slide extends into second successive session with strong dollar proving to be drag on trading.
Soundbites from Opec suggest an extension of output cuts likely with low oil price causing dissension in ranks.
Mohammed Saleh Al-Sada tells Qatar-UK Business Forum that Opec cuts have been successful and need to be extended beyond Q3 2017.
Oil futures slid as traders booked profits on recent price upticks triggered by comments from Opec.