NYMEX crude for May delivery was up 46 cents at $103.48 a barrel by 2335 GMT, after settling up 24 cents at $103.02 on Friday.
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Monday, 2 April 2012
OIL
Oil rose on Friday to post the biggest quarterly gain since the beginning of 2011 as the growing threat of a disruption of Iranian exports added to supply concerns.
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SPOT PLATINUM
Spot platinum was up 0.77 percent at $1,635.49 an ounce, on track for its biggest quarterly rise in three years, up 17.6 percent.
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SHANGHAI COPPER
A drop in Shanghai copper stockpiles in the past two weeks from near-decade high levels also bodes well for prices. A recent climb in inventories has been blamed partly on a surge in the use of copper as loan collateral in China where credit access has been tight.
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LME COPPER
Three-month copper on the London Metal Exchange climbed 1 percent to $8,526 a tonne by 0117 GMT, rising for a second session and after an 11 percent gain in the first quarter.
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COPPER
The most-active copper for April delivery on the MCX last ended at 431.65 rupees per kg, up 0.09 percent.
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GOLD
The most-active gold for April delivery on the Multi Commodity Exchange (MCX) last ended 0.37 percent lower at 28,030 rupees per 10 grams on Saturday.
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U.S.MARKET UPDATE
U.S. stocks closed their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming sectors, including energy and health care.
The Dow Jones industrial average gained 66.22 points, or 0.50 percent, to 13,212.04 at the close. The S&P 500 Index gained 5.19 points, or 0.37 percent, to 1,408.47. The Nasdaq Composite dipped 3.79 points, or 0.12 percent, to 3,091.57.
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Commodity Market Outlook :02-04-2012
Spot gold heads for 6.5 pct gain in Q1
Silver rises 16 percent in Q1
Copper ends Q1 up 11 pct despite China fears
U.S. consumer spending jumps
Crude oil above 104$
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