Iran’s oil minister said there would be no need to extend a pact between OPEC and non-OPEC producers aimed at bolstering oil prices if the crude price continued to rise, the ministry’s official website SHANA reported on Monday. SEE MORE Oil fell on Monday, as other raw materials came under pressure and after Iran’s oil minister said there would be no need to extend a deal on supply restraint if crude prices rose further. SEE MORE Copper prices had a rocky start of the year, declining more than 6 percent in the first three months of 2018. Increasing geopolitical concerns, surging warehouse inventories and a weaker Chinese demand put pressure on prices. SEE MORE Crude oil prices settled at nearly three-and-a-half year highs as the Joint Ministerial Monitoring Committee confirmed OPEC and its allies compliance with the deal to curb production rose to its highest ever, further stoking expectations for market rebalancing later this year. SEE MORE The rise of electric vehicles and energy storage is contributing to turbulence in lithium, cobalt and nickel pricing, new research suggests. SEE MORE