Oil prices in Pakistan fall and metals steady

From LONDON: Oil prices hit fresh multi-month low points this week, with no sign of an end to a global supply glut.

Metals, including gold and copper, stabilised after a recent rout fuelled by cracks in the Chinese economy.

OIL: Brent crude hit $52.28 a barrel on Tuesday, the lowest level since Feb 2.

The same day, New York’s main contract dropped to $46.68 a barrel, the lowest point since March 24.

By Friday on London’s Intercontinental Exchange, Brent North Sea crude for delivery in September slid to $52.69 a barrel from $54.42 a week earlier.

On the New York Mercantile Exchange, West Texas Intermediate (WTI) for September fell to $47.66 a barrel from $48.01.

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