ECB rate cut and assurances from OPEC+ lifts Brent back to 80

Back up to the 80-line.

Brent crude rose to a close of  USD 79. 87/b yesterday and recovered another 1.

9% of its recent losses.

This morning Brent crude is trading just above the 80-line (+0.

2%) aligning well with some smaller gains in industrial metals as well as gains in Asian equities.

Market focusing on US payrolls later today.