SUBSCRIBERS
Oil price soars, gold climbs while tin slumps
Published Sun, Apr 19, 2015 · 09:50 PM
London
STAR commodity performer oil surged in value last week on hopes that easing US shale output could help curb the stubborn global supply glut, analysts said.
"Oil prices rose sharply in the past week, supported by further evidence that US production and crude stocks are close to peaking - if they have not done so already," said Julian Jessop, head of commodities research at consultancy Capital Economics.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Chevron's quarterly profit beats estimates
EU toughens rules on Chinese fashion retailer Shein
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%