Crude oil made a two-week low today as markets started the new year on a nervous note with economic prospects under question amid further tightening from central banks.
Crude has steadied so far today with the WTI futures contract near US$ 76.80 bbl after making a low at US$ 76.55, while the Brent contract is a touch above US$ 82 bbl. Gold continues to inch higher after nudging US$ 1,850 an ounce overnight.
