Commodities
Commodities: Brent gains on trade hopes, drop in US rig count
Energy and base metals moved higher at the end of the week on the back of positive-sounding news around the US-China trade talks and as more details emerged regarding the first round of talks between Beijing and Washington at the beginning of January.
Washington may be open to lifting some tariffs on China, Journal says
Washington might be prepared to make concessions of its own should Beijing decide to 'play ball' in upcoming trade talks.
Ironveld soars on confidence around off-take agreement
Ironveld soared on Friday after announcing its confidence in reaching an off-take agreement for its high purity iron, vanadium and titanium project in Limpopo Province, South Africa.
US crude oil stockpiles shrink, but product inventories jump further
US crude oil inventories fell by more than was expected last week as net imports dropped, but product stockpiles continued to build rapidly, helped by another leg up in domestic oil production.
Xtract Resources jumps after securing contractor agreement for Mozambique concession
Xtract Resources jumped on Wednesday after its wholly-owned Mozambican subsidiary, Explorator, concluded an additional mining contractor agreement with Huafei Gold Resources.
Commodities: Oil, copper gain on China stimulus
Energy futures snapped higher in late trading as the Greenback cut its earlier advance following news of a landslide rejection of the British Prime Minister's Brexit proposal.
Block Energy aims for 900bopd after "excellent" production results at new well
Georgia-focussed oil and gas company Block Energy lauded its “excellent” initial production results from well-44 on its Norio Field, on Monday.
Minister shuts down Cuadrilla's call for weaker earthquake regulations
Energy minister Claire Perry wrote to the fracking firm Cuadrilla’s CEO to clarify the regulations on earthquakes would not be weakened after he criticised the government's policies in an interview.
Commodities: Relief rally in oil pauses despite risk of further sanctions on Ayatollahs
A rally in global energy prices paused at the end of the week as investors took stock of recent market developments.
BofA-ML sees Brent at $70 in 2019, but says global recession could result in $35
There are risks, but analysts at Bank of America-Merrill Lynch on Friday reiterated their forecast for an average price of Brent crude oil in 2019 of $70 a barrel, pointing to a combination of potentially supportive factors, including a weaker US dollar, and the then current 'bearish' investor set-up.
Commodities: Oil trims early losses, gold and corn move lower
Commodities were a tad softer on Thursday as the Greenback stabilised a bit following its recent correction, although both remained near their 52-week lows and highs, respectively.
Commodities: Oil trims early losses, gold and corn move lower
Commodities were a tad softer on Thursday as the Greenback stabilised a bit following its recent correction, although both remained near their 52-week lows and highs, respectively.
Commodities: Saudi's Al-Falih doesn't rule out 'further measures'
Energy futures were again the most sought-out segment in the commodity space on Wednesday as the Greenback extended its recent correction on the back of 'dovish' remarks from multiple top officials from the US Federal Reserve.
US oil product stockpiles jump last week, DoE says
US crude oil inventories fell by less than analysts had expected last week, helped by a big rise in net imports, even as product stockpiles jumped, a "clear" sign of receding demand, analysts said.
BP plans $1.3bn expansion in Gulf of Mexico
BP said it was planning a $1. 3bn expansion at the Atlantis field in the Gulf of Mexico, adding that it had identified an extra one billion barrels of oil at an existing field.
Commodities: Brent extends gains, China reports rise in official gold holdings
Commodity prices continued to advance on Tuesday amid generally 'risk-on' trading, although traders were carefully scanning the headlines out of the second round of US-China trade talks in Beijing.
UK offshore oil workers accept third pay offer
Members of the UK’s largest trade union on Tuesday accepted a new pay offer from North Sea contractors, avoiding the threat of the largest strike in the area’s oil producing history.
Anglo African Oil & Gas confirms 'fantastic' discoveries at Congo project
Anglo African Oil & Gas plummeted on Monday despite a “fantastic” series of discoveries at its Tilapia licence in the Republic of the Congo.
US crude oil inventories little changed last week, DoE says
US crude oil stockpiles were little changed last week, but product inventories jumped, implying "waning" demand, according to analysts.
Greater Manchester to ban fracking in effort to become carbon neutral
Greater Manchester’s council is set to ban fracking in the latest move to become carbon neutral by 2038.