OPEC has success at last, but oil revival may be short-lived

2017-09-20 12:00

When OPEC and its allies gather this week, they’ll have the best evidence yet that their efforts to clear a global oil glut are succeeding. It may prove short-lived.

Oil advances on signs US stockpile gains eased after Harvey

2017-09-20 09:12

Oil has risen on signs the pace of US stockpile gains is slowing as refiners resume operations after Hurricane Harvey, boosting crude demand.

Oil holds advance near $50 as US drillers idle more crude rigs

2017-09-18 09:29

Oil has held gains near $50 a barrel as the US rig count dropped the most since January after a record expansion earlier this year.

Oil set for 2nd weekly gain near $50

2017-09-15 08:46

Oil has been headed for a second weekly advance on forecasts for accelerating crude demand and as US Gulf Coast refineries continued to recover from Hurricane Harvey.

Oil climbs as IEA sees fastest demand growth in two years

2017-09-13 13:35

Oil has risen as the International Energy Agency forecast the strongest demand growth in two years, while Opec was said to discuss prolonging output cuts further into 2018.

Oil gains as Hurricane Irma weakens while US refining returns

2017-09-11 09:57

Oil has risen as hurricane Irma weakened after hitting the Florida coast and as Gulf Coast refining continued to recover following storm Harvey.

Slight uptick in SA platinum output - report

2017-09-07 11:35

South Africa's output for refined platinum has grown by 3% for the second quarter of 2017, according to the latest global production report by the World Platinum Investment Council.

Oil trades near four-week high as refining returns after Harvey

2017-09-07 09:06

Oil has traded near a four-week high as US refiners return from shut downs caused by Hurricane Harvey and boost crude processing.

Nickel leaps to highest in over two years, copper extends gain

2017-09-04 10:21

Nickel has surged to the highest level in more than two years, and copper chalked up its best mark since 2014, as bets on tighter markets keep most metals buoyant.

Gold wins new fans as US inflation and Trump agenda falter

2017-08-31 09:21

After nosing above $1 300, gold is winning new fans as tepid US inflation anchors Federal Reserve policy.


Iron ore sinks as 'peak steel' call, supply angst rattle market

2017-09-20 11:23

Iron ore has been dragged back into the $60s after getting hit by a barrage of bad news, with persistent concern about rising global supply.

Oil rises above $50 as Iraq raises prospect of more OPEC action

2017-09-19 11:33

Oil has extended gains above $50 a barrel in New York as Iraq raised the prospect of OPEC taking further steps to clear a global supply glut.

Iron ore at risk of further losses as price slumps to month low

2017-09-15 11:50

Iron ore is facing renewed pressure and risks sliding back into the $60s, as China’s economy shows signs of cooling and global mine supply increases.

Oil holds gains near five-week high

2017-09-14 10:03

Oil has held gains near a five-week high as the International Energy Agency and OPEC boosted crude demand forecasts.

IEA sees strongest global oil-demand growth in two years

2017-09-13 12:45

Global oil demand will climb this year by the most since 2015, amid stronger-than-expected consumption in Europe and the US, according to the International Energy Agency.

Oil set for first weekly gain since July

2017-09-08 09:32

Oil has been headed for the first weekly gain since July as Gulf Coast refiners ramp up crude processing after disruptions from Hurricane Harvey.

How gold's Mr Fix-It became Mr Buy-It in US palladium bet

2017-09-07 09:30

Neal Froneman, who earned the nickname ‘Mr Fix-It’ for his turnaround successes in the 1990s now needs to show he can run Sibaye's new mines profitably and reduce debt.

Oil holds gains as refinery restarts revive US crude demand

2017-09-06 09:41

Oil has held gains near the highest in more than three weeks as key refineries and pipelines restarted operations following shutdowns forced by Hurricane Harvey.

Iron ore spreads explode as mills rush to grab higher grades

2017-08-31 09:35

A flight to quality in the global iron ore market has exploded the gap between different grades of the commodity, with higher-quality material now costing about twice as much.

Oil down as US refineries struggle from Harvey impact

2017-08-31 07:42

Crude prices have fallen further in Asian trade as refineries shut down by deadly storm Harvey in the key oil-producing US Gulf Coast struggled to get back online, further piling up supplies.

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