Oil prices toward lower levels

Oil prices trade lower

Today, oil prices dropped amid the recent pressures from the drilling activity in the U.S. and the OPEC countries' production cuts.

Brent crude oil 35 cents lower

Brent crude futures traded at $51.41 per barrel declining 0.68% or 35 cents, and WTI crude approached $48.32 a barrel falling 0.94% or 46 cents.

Gold rises slightly

In Asia, gold prices appreciated slightly, as the focus remains on the FED's policymakers comments coming up this week.

April delivery on Gold, on the New York Mercantile Exchange in the Comex division, traded to $1,230.40 a troy ounce rising 0.02%.

Asian stocks seem unstable

Asia's stocks traded mostly within a mixed formation after the G20 decision on trade protectionism and the FED's comments that have an impact on the U.S. dollar.

Japan (N225) is non-operational for today, whereas the Australian shares (AXJO) traded 0.36% lower, and South Korea (KS11) 0.35% weaker.

Shanghai Composite (SSEC) increased 0.1%, CSI 300 (CSI300) dropped 0.1%, and Hong Kong's Hang Seng (HSI) appreciated 0.7%.

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