ARTICLES RELATING TO COMMODITIES

Gold tops $1 500 as investors seek shelter from gathering storm

2019-08-08 12:52

Gold futures rallied above $1 500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy.

Oil set for weekly decline as economic woes eclipse OPEC curbs

2019-07-05 18:46

Oil is set for the biggest weekly decline since May as global demand concerns outweighed an OPEC+ pact to extend supply curbs into 2020 and worries that a renewed confrontation with Iran may threaten supplies.

Oil rises again on tension fuelled by tanker attacks

2019-06-16 17:26

Oil prices rose again in reaction to geopolitical tension, building on a surge sparked by suspected attacks on two tankers in the Gulf of Oman.

Oil giants are pivoting to plastic, which could backfire amid a growing crackdown

2019-06-06 16:17

Oil producers such as Saudi Aramco are betting on plastics and chemicals during a backlash against plastic waste.

Financials and resources drag the local bourse lower

2019-04-24 18:06

The JSE closed weaker on Wednesday mainly on the back of losses recorded across the industrials and financials indices.

JSE closes firmer as weaker rand lifts rand hedges

2019-04-23 18:33

The JSE eked out gains on Tuesday mainly on the back of gains recorded in resources and rand hedges which were buoyed by the weaker rand.

Oil rises after OPEC+ reaffirms commitment to production cuts

2019-03-19 16:03

Oil in New York rose to the highest level this year after OPEC and its partners agreed to go beyond their pledged supply curbs in the coming months.

Newmont Mining rejects Barrick Gold's R250 billion hostile-takeover bid

2019-03-04 18:14

Newmont Mining rejected Barrick Gold's hostile takeover bid on Monday. The merger of the two would have created the world's largest gold miner.

JSE breaks losing streak

2019-02-05 18:13

The JSE closed firmer on Tuesday as it took a leaf from European and US equities which were buoyant on the back of good corporate earnings out of the US.

Stocks mixed as rally stalls; yen declines

2019-01-23 09:34

Asian stocks traded mixed Wednesday as traders juggled continuing doubts about the prospects for progress on trade with signs of China stimulus and moves to end the US government shutdown.

 

Iran is squirrelling millions of barrels of crude oil in Chinese ports to avoid breaching US sanctions

2019-07-22 18:59

Iran is safely storing its crude and freeing up its tankers, while China can tap the stockpile if supply is disrupted or sanctions end.

Gold sinks most in a year as trade truce deals blow to bulls

2019-07-01 13:11

Gold has slumped back below $1 400 an ounce after the US and China agreed to a truce in their trade war, dealing a blow to havens that were bolstered in recent months by the long-running tensions.

Oil is surging after a suspected torpedo attack on 2 tankers in the Gulf of Oman

2019-06-13 13:35

Oil prices jumped at least 3% as traders feared Middle-Eastern tensions could reduce crude supplies.

JSE weaker as global markets retreat

2019-04-25 18:23

The JSE closed weaker on Thursday on the back of broad-based weakness across most global equity indices.

US stocks slip from record as dollar advances

2019-04-24 16:19

US equities edged lower along with European stocks as investors assessed corporate earnings and economic data.

Oil jumps to highest level in almost 6 months

2019-04-22 13:53

Oil rose to the highest level in almost six months as the US government was said to eliminate sanction waivers that allowed buyers to import Iranian crude.

Oil falls after industry report shows jump in crude stockpiles

2019-03-06 13:20

Oil has declined after an industry report showed a massive increase in US crude stockpiles, ahead of more comprehensive data from the government.

JSE follows global equities down as EU issues growth warning

2019-02-07 17:50

The JSE tracked global markets to close weaker as concerns about a slowing global economy spread following an EU growth warning.

Oil slides as economic and supply fears offset Venezuela risk

2019-01-24 15:07

Oil has fallen as a darkening outlook for the global economy offset the risk of American sanctions on OPEC member Venezuela’s crude.

Oil set for longest weekly rally since October on OPEC's curbs

2019-01-18 11:04

Oil headed for its longest weekly rally in three months on easing concern over whether the OPEC+ coalition will follow through on its pledge to slash production.

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