West Texas Intermediate was steady below $77 a barrel after sinking more than 8 per cent over the previous two sessions
Bullion ended Monday little changed after tumbling to the lowest level in a month
The Organization of Petroleum Exporting Countries and its allies convene on September 5
The base rate suggests the general stance of the Central Bank’s monetary policy
The returns were due to its long-term portfolio allocation and market performance
GDP growth in the GCC countries will slowly recover from last year’s sharp recession
The government will decide in a week if the capital and nearby areas can shift to a looser lockdown so more businesses can reopen