Analysts continue to doubt prospects for an oil production freeze while precious metals market takes a breather.
Precious metals rise on weaker dollar, while oil futures see mixed trading on Saudi-Russian agreement.
Futures rose by 1.5% after two of the world's leading producers agree to try to stabilise global supply.
Oil futures recover on comments from Russian President Vladimir Putin, as BP CEO Bob Dudley reveals oil price expectations.
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Saudi Arabia sought to reassure the oil market while a stronger dollar dragged crude and precious metal futures lower.
Oil production freeze chatter continues to support crude prices while a stronger dollar dents precious metals market.
Output freeze will indicate contentment with oil market situation, says Saudi minister Khalid Al-Falih
Crude futures rise over another roller coaster session while precious metals head lower ahead of Yellen comments.
Crude futures continue retreat as greenback rallies ahead of Yellen speech and US crude stockpiles rise.
Oil and precious metal futures retreat from previously high levels as traders look to cash in on price uptick
Oil futures remained in bull territory despite the current rally showing signs of petering out
Brent up by almost 20% on its previous low which is close to the common definition of technical bull run.
Precious metals retreated before the release of the US central bank's minutes of its latest monetary policy meeting.
Market chatter of a production freeze supports oil prices while precious metals rise on a weaker dollar.
Saudi willingness to discuss an oil production freeze continues to support oil prices.
Reiteration of market stability call by Saudi Arabia helps support crude, gold spikes again.
The UK central bank's decision to cut interest rates to 0.25% has triggered an uptick in demand for gold.
Weaker dollar supports gold rally but oil futures slide.
Market speculation that Opec is working on another bid to cut production sends oil futures on recovery run