Brent crude climbed above $105 a barrel as market doubts grew over whether an energy ceasefire would deliver the supply increases promised. Ukraine's Zelenskyy said the country is ready to agree to an energy ceasefire but warned Russia must do the same.

Sources: CNBC, CNBC

Two Americans won the Nobel Prize in Economics for developing models to tackle economic downturns. Separately, copper prices rose on hopes for Chinese stimulus and concerns over mine supply disruptions in Chile.

Sources: CNN Business, Seeking Alpha