Commodities

Brent crude steadies near the low $70s as OPEC+ weighs another August output increase and Saudi price cuts sharpen demand worries.

Aluminum and copper gained as a softer dollar and cooler U.S. labor signals lifted base metals despite lingering supply doubts.

WTI holds near $68 as U.S. crude and gasoline draws offset oversupply fears before OPEC+ and holiday demand tests.

Brent crude nears $70 as easing Iran supply fears and OPEC+ output expectations outweigh tight U.S. inventory signals.