Aluminium US$ 2,437/t vs US$2,430/t last week
Nickel US$ 17,945/t vs US$17,525/t last week
Zinc US$ 2,981/t vs US$2,906/t last week
Lead US$ 2,166/t vs US$2,127/t last week
Tin US$ 29,060/t vs US$28,735/t last week
Oil US$68.3/bbl vs US$68.4/bbl last week
Investment in new oil and gas projects last year fell to the lowest in 15 years at US$350bn.
As the world continues its battle against Covid-19 and as the energy industry increasingly looks towards diversification outside its core business, it is doubtful how soon, if ever, investments in new upstream projects will recover to pre-pandemic levels.