Latest Commodities news
The oil price has edged down Wednesday amid reports OPEC could relax its output cap rules at its next meeting in Vienna.
Enel shares are lower Friday as Goldman Sachs removes the Italian energy stock from its favourites as a new coalition government looks increasingly likely to be confirmed.
Royal Mail shares head south after postal operator’s results
The oil price has moved closer to $80 per barrel amid geopolitical concerns ahead of possible Us sanctions that could disrupt Iranian and Venezuelan oil production.
Centrica shares outperform after trading update
Oil prices are higher and could hit $100 per barrel in 2019, according to Bank of America analysts' latest report.
Compass share price heads south as group’s results disappoint
Hargreaves Lansdown says group’s Q1 headline profits look strong
Group supported by rise in crude prices
Downstream business weighs on performance
Premier Inn owner reports rise in full-year revenue
The oil price edged a little lower Friday after Us President Trump tweeted his unhappiness with the "artificially very high" oil price and OPEC's hand in that.
The oil price is on the up Wednesday following an industry report showing a decline in oil inventories earlier in April.
Total shares are higher Wednesday as the French energy firm announced the planned purchase of Direct Energie for €1.4 billion.
Company aims to shift investment in the country to natural gas
The oil price is higher after Moody's raised its medium-term price band for the important commodity.
Digital coins can be regulated as commodities by the CFTC
Analysts argue Anglo-Dutch group is most sustainable in the sector
Oil major posts rise in oil output for 2017
The oil price has risen above $71 per barrel for the first time since 2014, as falling US oil inventories and a weaker US dollar push the price of the valuable commodity higher.
Rio Tinto updates on performance
Oil prices have risen to the highest level since 2014, helping to lift oil stocks higher Wednesday. Rising geopolitical fears coupled with the ongoing OPEC output cap, means the price of Brent crude oil is moving closer to the $70 per barrel level.
European shares are trading lower Wednesday, as investors retreat from the stock markets and show interest in the bond markets and oil. Bond yields are on the up, while the oil price continues its upward move, attracting investors away from the stock indices.
Analysts argue outlook for group clearer than for peers
Billabong shares closed a little higher overnight, following confirmation that Boardriders Inc – formerly Quicksilver – has entered an agreement to purchase the Australian surf wear business. The deal values Billabong at around $155 million.