The Democratic Republic of Congo (DRC) is the world’s largest producer of cobalt by far, with its output reaching 90,000 tonnes last year — almost 70 percent of global supply. SEE MORE If cobalt prices remain at current levels, between 20 to 30 percent of global supply is at risk of disappearing in 2020, copper and cobalt producer Eurasian Resources Group (ERG) said on Wednesday (August 28). SEE MORE Oil prices rose nearly 2% on Wednesday after a larger-than-expected decline in U.S. crude stockpiles helped ease worries about weakening oil demand caused by the trade war between Washington and Beijing. SEE MORE Gold prices steadied on Thursday in Asia as equities traded lower on lingering concerns of a potential recession and developments on the Sino-U.S. trade front. SEE MORE Oil prices fell on Thursday for the first time in three days after San Francisco Federal Reserve President Mary Daly sounded a note of concern about the strength of U.S. economy. SEE MORE