[DUBAI/LONDON/MOSCOW/NEW YORK] Opec and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10 per cent of worldwide supply in what they expect will be a...
[BENGALURU] Gold prices edged higher on Friday after gloomy US nonfarm payrolls data magnified the economic toll from the coronavirus, although a stronger US dollar capped bullion's advance.
[NEW YORK] Crude futures surged for a second day on Friday, with both US and Brent contracts posting their largest weekly percentage gains on record due to hopes that a global deal to cut crude...
COAL producer Golden Energy and Resources (Gear) has snagged a controlling stake in Stanmore Coal, a day after announcing a fresh takeover bid for the Australian firm.
[JOHANNESBURG] ArcelorMittal South Africa has issued force majeure notices to customers and suppliers "where appropriate" as a nationwide three-week lockdown impacts Africa's biggest steel...
[LONDON] Deep output cuts by Opec and other oil producing nations will not prevent a huge build up of crude, the head of the International Energy Agency (IEA) said on Friday, urging the world's...
[NEW YORK] Credit Suisse has a message for investors in its triple-leveraged oil exchange-traded notes (ETNs): Buy at your own risk.
[MOSCOW] Russia's Rusal has approved a new long-term aluminium supply contract with Glencore worth up to US$16.3 billion, it said in a Hong-Kong regulatory statement on Friday.
[BENGALURU] Gold prices were subdued on Friday as the US dollar strengthened, but they were stuck in a narrow range ahead of US nonfarm payrolls data that could provide further clarity on the...
[LONDON] The Opec+ crude oil exporter group is debating cutting global supply by 10 million barrels per day, an Opec source said on Friday, adding any further cuts must include producers from...
[JAKARTA] Palm oil plantations in top palm producer Indonesia have imposed protocols to prevent the spread of the novel coronavirus among workers but have no plans to reduce workers' hours or...
