Commodity

Oil rallies to best week in years after OPEC output deal

NEW YORK : Oil prices rallied for their best week in at least five years on Friday, steadying above $

U.S. state budgets to face low energy prices for years to come -Fitch

SAN FRANCISCO : Low oil, natural gas and coal prices will continue to put downward fiscal pressure on states that

Here’s Why the Drop in Oil Prices Isn’t Over

Here we go again. Like a year ago, crude oil futures are tumbling again Tuesday as hopes for a cut

London Zinc charges to 9-yr high, lead hits 5-yr high

MELBOURNE : London Metal Exchange zinc surged to its highest in nine years on Monday and lead hit a five-year

Coal price surge sets miners against activists by English seaside

DRURIDGE BAY, England : In northeastern England, a battle is raging between grass roots campaigners and a company intent on

Germany : Merkel says G20 must tackle global steel glut

BERLIN : The G20 group of leading economies must find a solution to excess capacity in the global steel industry,

Zambia copper concentrate duty to disrupt global copper supplies

MELBOURNE : A plan by Zambia to put a duty on copper concentrates imports could put a kink in the

India’s bank note ban to disrupt gold smuggling business

MUMBAI India’s surprise move to abolish high-value bank notes has started to disrupt cash-based gold smuggling and should benefit official

Gold Prices Surge on Likely Donald Trump Victory

Investors are frantically looking for safe havens as the prospects of a Donald Trump presidency looks more likely The price

China : Commodity exchanges ask firms to register products

SHANGHAI : China’s main commodity exchanges have asked finance firms to register details of their products, the latest move by