Commodities
Reabold Resources 'delighted' over California oil discovery
Oil and gas investment company Reabold Resources on Thursday saw a commercial hydrocarbon discovery at the Venturini-Ginochio #3 well within the West Brentwood license area.
Empyrean Energy boosted after approval for California natural gas testing
Oil and gas development firm Empyrean Energy saw its shares jump on Thursday after approval to test the potential for over-looked natural gas in the Alvares 1 well in the Sacramento Basin, California.
Hunting returns to profit and reinstates dividend
Hunting swung back into profit in the first half and reinstated its dividend as the energy services group gained from a revival in US shale activity.
Commodities: WTI futures climb after inventory data, Iran threat on nuclear deal
Energy and agriculture futures racked-up big gains, with the former boosted by a set of 'bullish' figures on weekly US oil inventories and a threat by Iran that it might leave the nuclear deal that it signed up to in 2015.
WTI higher as DoE says oil inventories fell, possibly on logistical bottlenecks
US crude oil and product stockpiles were down across the board last week as net imports fell back.
Extreme UK weather could raise food prices by 5%
Food prices could rise by at least 5% in the following months due to the UK’s extreme weather this year, a report has found.
ScottishPower to increase standard variable gas and electricity prices
ScottishPower will increase its standard variable prices for domestic gas and electricity from 8 October this year.
British Airways and Air France-KLM to suspend flights to Iran amid US sanctions
Two of Europe’s biggest airlines have announced they would suspend their services to Iran claiming they are no longer commercially viable due to the latest US sanctions.
Premier Oil first-half profit doubles on rising oil prices
Premier Oil’s post-tax profit more than doubled in the first half as rising oil prices more than offset reduced production.
Commodities: WTI jumps following unexpectedly large draw in US oil inventories
Figures showing a somewhat unexpected drop in commercial US crude oil stockpiles last week lit a fire under energy futures on Wednesday.
WTI holds onto gains after weekly DoE inventory numbers
Crude oil inventories in the US fell sharply last week, on the heels of a big drop in imports and still loft levels of refinery demand.
Commodities: WTI in focus on Venezuela crisis, gasoline higher despite SPR release
Commodities were seeing nearly across-the-board gains on Tuesday, after the US president accused China and Europe of manipulating their currencies.
London close: Pound strength sees Footsie miss out on gains
Stocks finished in the red on Tuesday, with President Donald Trump's latest swipe at the value of the US dollar seeing investors in London left out from the gains evident in almost all other major stockmarkets, or at least those invested in the top-flight index.
BHP Billiton posts record final dividend as profit surges
BHP Billiton declared a record final dividend as higher prices and volumes sent the world's biggest miner’s underlying annual profit up by a third, though some investors still managed to find the results a disappointment.
Polymetal earnings surge as gold sales increase
Polymetal International’s first-half earnings rose strongly as the precious metals miner benefited from rising prices and sales of gold.
Commodities: WTI, copper catch bid on talk of China-US trade negotiations
Commodities received a further unexpected boost on Monday, following fresh reports of possible progress in trade talks between China and the US.
China's investment in clean energy pays off as air quality improves
Beijing citizens have begun to enjoy some of the cleanest air in a decade as positive results for the government's anti-smog push start to show.
Household energy bills expected to rise in 2019 despite price cap
Power bills in the UK are likely to rise by £60 next year despite the introduction of a price cap by the government, according to a new analysis.
Tests at SDX Energy's South Disouq well exceed expectations
Oil and gas company SDX Energy on Friday confirmed that a production test has successfully been completed at its SD-3X appraisal well at South Disouq, Egypt.
Commodities: Base metals bounce, but analysts still wary about Turkey
News that Beijing and Washington were moving openly to restart trade talks and that Chinese officials were reining in the ability of the nation's banks to facilitate short-selling the yuan buoyed the commodities complex on Thursday.