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LATEST Commodities  

Africa may push OPEC back to the drawing board in 2017

3 Jan 2017 /  Julian Lee, Bloomberg Gadfly  
Stockpiles look set to shrink.

Oil makes biggest annual gain since 2009

31 Dec 2016 /  David Wethe and Rakteem Katakey, Bloomberg  
Before OPEC supply cuts.

Oil holds OPEC-driven rally

13 Dec 2016 /  Ben Sharples and Grant Smith, Bloomberg  
As focus shifts to US stockpiles.

Oil jumps 8% as OPEC fianalises production cut deal

30 Nov 2016 /  Jessica Resnick-Ault, Reuters  
First production cut since 2008.

OPEC in first joint oil cut with Russia since 2001

30 Nov 2016 /  Ahmad Ghaddar, Alex Lawler and Rania El Gamal, Reuters  
Saudis take 'big hit'

Oil retreats below $47 before OPEC meeting

29 Nov 2016 /  Emma O'Brien and Heesu Lee, Bloomberg  
Metals snap rally.

OPEC deal push sends Algeria, Venezuela ministers to Moscow

27 Nov 2016 /  Angelina Rascouet and Grant Smith, Bloomberg  
OPEC will meet on Wednesday in Vienna to finalise the terms of its first production decrease in eight years.

Even if OPEC gets a deal, it risks reviving battered oil rivals

27 Nov 2016 /  Javier Blas, Bloomberg  
Across the industry producers are hoping OPEC will trigger a rally that would allow them to secure funds to boost drilling.

Gold is getting trampled

24 Nov 2016 /  Ranjeetha Pakiam and Eddie van der Walt, Bloomberg  
And silver entered a bear market.

Oil falls as OPEC fails to agree on role of Iraq, Iran in deal

23 Nov 2016 /  Rakteem Katakey and Perry Williams, Bloomberg  
Preliminary talks in Vienna ended Tuesday without deciding whether OPEC’s second- and third-largest producers will participate in output cuts.

Aluminium’s sheen is little more than a Chinese illusion: Gadfly

20 Nov 2016 /  David Fickling, Bloomberg Gadfly  
Something very strange is happening in China’s metal markets. Buyers appear to be behaving the way U.S. shoppers do at this time of year: queuing up and pushing to get their hands on some product before anyone else can get a chance. Aluminium has been in a state of backwardation on the Shanghai Futures Exchange for

Gold seen as ‘biggest victim’ on rising interest rates, dollar

18 Nov 2016 /  Ranjeetha Pakiam, Bloomberg   1
Gold tumbled to the lowest in more than five months after Federal Reserve Chair Janet Yellen signalled the central bank may raise interest rates soon, and as climbing global bond yields reduced the appeal of bullion. The metal for immediate delivery dropped as much as 0.9 percent to $1,205.71 an ounce, the lowest level since

Oil slips as clock ticks on OPEC deal

16 Nov 2016 /  Ben Sharples and Grant Smith, Bloomberg  
...amid rising US supply.

OPEC points to even bigger 2017 oil surplus

11 Nov 2016 /  Alex Lawler, Reuters  
OPEC output as much as 1.14 million bpd above new supply target.

Oil slips as focus moves from Trump to OPEC plans

10 Nov 2016 /  Ethan Lou, Reuters  
Doubts remain over OPEC's ability to implement output cap.



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