PRICES of commodities such as crude oil and copper have continued rising on the international markets owing to concerns regarding supply disruptions as a result of the ongoing conflict between Russia and Ukraine.

In yesterday’s trading on the London Metal Exchange (LME), copper rose by 0.8 percentage point to US$10,291 a metric tonne and on the Shanghai Futures Exchange, it was trading at US$11,545.46 a metric tonne.

Other minerals such as lead gained 1.6 percent to US$2,536.5 and zinc also rose by 1.2 percent to US$4,186 a metric tonne, with gold trading at US$2,053.99 per ounce.

Crude oil prices have continued to surge as Russia’s invasion of Ukraine intensified and oil buyers shunned barrels from the world’s second-largest exporter, Russia.

Crude prices posted their largest weekly gains since the middle of 2020, with the Brent benchmark up 21 percent and United States crude gaining 26 percent. The most commonly traded oil futures closed at

Read more: http://www.daily-mail.co.zm/copper-crude-oil-prices-keep-rising/