There is a bit of a dip that is seen in the crude oil prices due to a rise in US crude inventories by nearly 6.2 million barrels and there is also a rise in the US production, which has hit a new high of 10.62 million barrels.

Supplies clearly seems to be increasing and that is weighing on oil prices.

Fed has held rates steady but with inflation and the employment numbers on the positive side, that would be one thing that could support the crude oil prices.

Metals have been quite volatile. While steel, copper and nickel prices gain, there is a decline that we saw in zinc and lead prices.

Aluminium gained up by nearly 3 percent overnight.