Author: Faizan Khan

Base metals prices opened at rangebound levels today. Zinc prices fell nearly 1% in morning trade. Stocks of all base metals were down except copper, which rose by 1.61%, equivalent to 1,900 t. Brent oil was up 0.4% to $121.63 per barrel and crude oil WTI futures rose 0.3% to $119.34 per barrel. Tight oil…