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The former leader has been accused of trying to prevent a probe into corruption at the state-owned oil company but his spokesperson stated that the charges are flimsy.
Oil market rout enters seventh trading day while gold and silver futures rise on a weaker dollar
The Japanese central bank modestly increases purchases of exchange-traded funds.
Safe-haven demand and a weaker dollar boost gold futures, but oil market rout continues on oversupply concerns
Asian investors are now looking forward to decisions by the Bank of Japan.
Oil futures slide to three-month lows while gold rises on expectation of a weaker dollar.
Investors expect the US central bank to keep interest rates unchanged.
Futures continues to fall on oversupply sentiment while gold stabilised ahead of US Federal Reserve meeting.
Investors believe BoJ will not introduce any meaningful stimulus while the US Fed will not lift rates.
Goldman issues projections of rising Russian oil production while precious metals tumble on stronger dollar
The Group of 20 summit was dominated by discussions over the impact of the Brexit vote.
UK services sector PMI Index fell to 47.4 in July from 52.3 in June denting oil market confidence.
The ECB has said it will wait for at least another six weeks before deciding on the stimulus.
The gains come ahead of the ECB's monetary policy decision scheduled for today.
The UKOP pipeline is co-owned by Royal Dutch Shell, US firm Valero and France's Total.