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WTI crude widened its gain to 2.00 per cent at $70.44 a barrel, while Brent widened its gain to nearly 1.8 per cent at $73.64.

WTI crude widened its gain to 2.00 per cent at $70.44 a barrel, while Brent widened its gain to nearly 1.8 per cent at $73.64.

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Spot silver rose more than $1.00 in the day to $31.1 an ounce, an increase of 3.5%.

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Spain's IBEX 35 index opened up 1% and Italy's FTSE MIB index rose 1.07% to touch 34,000 points.

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