Oil rose for the first time in three days ago, after near Libyan warehouse which stored about 6.2 million barrels a fire. Brent futures added 1.6 percent after having previously fallen by 3.1%. Oil notes the biggest drop since by OPEC announced that they have no intention to reduce supply, while the price continues to fall. Brent for the February delivery rose 95 cents to 60; $ 40 a barrel. West Texas Intermediate for February added 63 cents, or 1.2 percent to $ 55.36 a barrel. Contracts fell to $ 54.73, or 2 percent on Friday. The price of oil fell by 46% this year.
Gold fell as the dollar rose to a new highest values of nearly five years ago. Bullion for immediate delivery lost 0.3% of its value to 1 $ 192.55 The precious metal rose by 2.2% in December 26, after intensified speculation that China, which is the largest consumer of gold, will launch new measures to strengthen economy. For the February delivery gold fell 0.2% silver rose 1% to $ 16.22 an ounce, after Friday rose by 2.2% Spot platinum lost 0.3% to 1 213.44 US dollars an ounce, while palladium was trading at a price of $ 817.55