Opec giants downplay output limits

2016-08-28 12:00

Oil prices have edged higher but the market remained weak as Opec's key producers cast doubt on the possibility of cutting output.

Oil prices dip, Saudis dampen hopes on output talks

2016-08-26 07:32

Oil prices have dipped after Saudi Arabia's oil minister cast doubt on the need to cut output, denting hopes for a deal at talks to address the global supply glut.

Oil prices hit reverse again

2016-08-25 14:08

World oil prices have skidded lower, reversing earlier gains as traders dwelled on rising US crude stockpiles and the stronger dollar.

Gold holds above 4-week low, awaits rate hike clues

2016-08-25 11:30

Gold has held slightly above a four-week low touched in the previous session as the dollar lost some strength ahead of a speech by Fed's speech on rate policy.

Oil prices drop as market tracks US supplies

2016-08-24 14:17

Oil prices have fallen, with Brent stuck below $50, after data showed an increase in US crude stockpiles, adding to supply glut concerns.

Oil prices down in Asia, Brent stays below $50

2016-08-24 07:24

Oil has fallen after industry data showing an increase in US crude stocks added to oversupply worries and traders took advantage of a recent rally to book profits.

Brent slides under $50 as Iraq moves to boost output

2016-08-23 07:32

World oil prices have slid, slamming the brakes on last week's rally as events in Nigeria and Iraq pointed to a possible surge in supplies.

Brent slides under $50 as supply glut woes resurface

2016-08-22 15:19

World oil prices have slid on resurfacing supply glut concerns, slamming the brakes on last week's rally.

Gold slides to two-week low on talk of US rate hike

2016-08-22 12:31

Gold has fallen to a two-week low as upbeat comments from Federal Reserve officials on the US economy boosted expectations of a US rate hike.

OPEC freeze wouldn't be so potent as Gulf Rivals pump more

2016-08-19 11:11

Even if OPEC strikes a deal with Russia next month in Algiers to freeze oil production, success will mean a lot less than when they tried and failed four months ago.


Gold near one-month low as await Yellen speech

2016-08-26 09:46

Gold has traded near a one-month low after a five-day skid as investors ticked off the hours until an address by Federal Reserve Chair Janet Yellen.

Iron ore at risk on China predicted teel output

2016-08-25 15:27

Steel production in China, will probably contract this year and shrink further in 2017 as local demand slows, hurting the outlook for iron ore

Oil trades near 1-week low after US stockpile gain

2016-08-25 13:02

Oil has traded near the lowest close in a week as US crude stockpiles unexpectedly increased, keeping supplies at the highest in at least three decades.

Oil prices extend losses as dealers eye output talks

2016-08-25 07:46

Oil prices have edged down again in Asian trade, a day after suffering hefty losses in response to data showing a surprise jump in US stockpiles.

Copper poised to be only metal loser this year

2016-08-24 09:49

Copper’s on the verge of becoming the only major metal to post a loss this year as the highest stockpiles in almost seven months suggest the market is amply supplied.

Oil prices extend losses

2016-08-23 14:56

Oil prices have fallen, extending the previous session's sharp losses caused by prospects of another increase in supplies.

Market-beating SA fund gains 110% on gold revival

2016-08-22 16:50

Old Mutual's Meryl Pick’s Gold Fund has gained 110% this year, beating the average 2.6% across South African investments tracked by Bloomberg.

Oil ends longest gain in 4 years on Nigeria, Iraq supply outlook

2016-08-22 13:24

Oil has fallen after the longest run of gains in four years as Iraq sought to increase exports amid a global oversupply and Nigerian militants called an end to hostilities.

Oil down on Iraq export boost and stronger dollar

2016-08-22 08:08

Oil prices have eased, following news that Iraq will boost crude exports, while the dollar strengthened on speculation the Federal Reserve could hike interest rates this year.

Buying opportunity? Gold overcoming fear of rand strength

2016-08-19 10:48

Gold is currently offering SA investors an opportunity as the local price, which can be bought through Krugerrands, is offering a 10% discount, says an analyst.

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