Oil settles near 13-month highs; Texas deep freeze supports

Oil settles near 13-month highs; Texas deep freeze supports

Oil prices settled near 13-month highs on Tuesday, supported by a deep freeze in the U.S. South that shut wells and oil refineries in Texas....
February 16, 2021 at 08:09 pm
Gold, silver funds see biggest weekly outflows in three months

Gold, silver funds see biggest weekly outflows in three months

Gold and silver mutual funds and ETFs witnessed the biggest outflows in three months in the week ended Feb. 10 as investors put their money into soaring equities and high-yielding bond markets....
February 16, 2021 at 07:10 am
Road freight prices from France to Britain jump 50% in January - data

Road freight prices from France to Britain jump 50% in January - data

Freight prices for moving goods by road from France to Britain rose by 50% in January compared with the same month a year ago after lorry drivers demanded higher payments to operate in the UK...
February 10, 2021 at 03:05 pm
Oil prices surge for seventh straight day of gains

Oil prices surge for seventh straight day of gains

Oil prices rose on Tuesday for their seventh straight session of gains, touching 13-month highs as investors kept betting that fuel demand will rise while OPEC and allied producers keep a lid on...
February 09, 2021 at 08:43 pm
Oil rises 2% to more than one-year high on supply cuts, stimulus hopes

Oil rises 2% to more than one-year high on supply cuts, stimulus hopes

Oil prices rose 2% on Monday to their highest in over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus....
February 08, 2021 at 08:08 pm
China aluminium sector must shut inefficient coal power to meet climate goals - report

China aluminium sector must shut inefficient coal power to meet climate goals - report

China's aluminium sector must shut dedicated power capacity equivalent to more than Germany's entire coal fleet over the next decade to keep Beijing on track to meet its carbon pledges, climate...
February 07, 2021 at 04:18 pm
Global equities rally as more U.S. stimulus looms, silver slides

Global equities rally as more U.S. stimulus looms, silver slides

Global stock markets surged for a second day on Tuesday, spurred by increased optimism about more U.S. stimulus and the economic recovery, while retail investors retreated from GameStop and...
February 02, 2021 at 10:25 pm
One billion ounces of silver traded in London on Monday as prices surged - LBMA

One billion ounces of silver traded in London on Monday as prices surged - LBMA

The amount of silver traded in the London market surged to 1.006 billion ounces on Monday, triple the level typical in recent months, as prices rocketed to their highest since 2013, the London...
February 02, 2021 at 12:38 pm
Retail investors turn attention to silver as GameStop shares retreat

Retail investors turn attention to silver as GameStop shares retreat

A social media-driven buying spree lifted silver to an eight-year high on Monday, though prices later pared gains on doubts about the ability of retail traders that have been focused on stocks to...
February 02, 2021 at 02:49 am
UK pub group Marston's rejects Platinum Equity's takeover offer

UK pub group Marston's rejects Platinum Equity's takeover offer

Marston's rejected a 666 million pound takeover proposal from Platinum Equity Advisors on Monday, saying it significantly undervalued the British pub operator....
February 02, 2021 at 12:42 am
Anglo American :  Shares rally, retail surge drives silver to 8-year high

Anglo American : Shares rally, retail surge drives silver to 8-year high

Global shares rebounded from last week's steep sell-off and silver prices surged on Monday as retail investors expanded their social media-fueled battle with Wall Street to drive the precious...
February 01, 2021 at 09:13 pm
Reddit is coming for silver. A short squeeze? Unlikely

Reddit is coming for silver. A short squeeze? Unlikely

Silver prices have rocketed to their highest since 2013 as retail investors, egged on by messages on Reddit, pile into the market in an attempt to push up prices, although most analysts and...
February 01, 2021 at 05:18 pm
Miners push British stocks higher; ASOS gains on Arcadia deal

Miners push British stocks higher; ASOS gains on Arcadia deal

British shares rose on Monday, led by gains in mining stocks as silver became the latest target of a retail investor trading frenzy, while fashion retailer ASOS gained on a deal to buy rival...
February 01, 2021 at 05:16 pm
PageGroup :  Wrapped in Brexit red tape, a UK freight firm struggles to trade

PageGroup : Wrapped in Brexit red tape, a UK freight firm struggles to trade

In just one month of post-Brexit trading, British logistics expert Jon Swallow has seen exports dive, prices rise and customers so desperate that he is practically offering a counselling service....
February 01, 2021 at 05:08 pm
Irish freight volumes to EU ports doubled in first month of Brexit

Irish freight volumes to EU ports doubled in first month of Brexit

Irish freight volumes to and from European Union ports doubled in January, the government said on Monday, as many traders shunned the once-speedier route to the continent through Britain due to...
February 01, 2021 at 08:09 am
Weekly UK-EU freight volumes down 38%, truck data indicates

Weekly UK-EU freight volumes down 38%, truck data indicates

Freight volumes moving between the United Kingdom and the European Union were down 38% in the third week of January compared with the same week a year ago, real-time truck movement data shows. ...
January 26, 2021 at 03:37 pm
Oil gains on stimulus optimism ahead of Biden inauguration

Oil gains on stimulus optimism ahead of Biden inauguration

Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden's inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth....
January 19, 2021 at 08:03 pm
Exclusive:  Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

Exclusive: Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

The world's top producers of palm oil, Indonesia and Malaysia, are looking to join forces for the first time to run an advocacy campaign in Europe, where increasingly tight regulations are...
January 19, 2021 at 06:58 am
Software data shows freight groups avoiding UK, prices rising

Software data shows freight groups avoiding UK, prices rising

An increasing number of freight groups rejected contracts to move goods from France into Britain in the second week of January, while prices rose, according to data that shows the impact of Brexit...
January 18, 2021 at 09:05 pm
Indonesia's Pertamina conducts trials on 100% palm oil biodiesel and jet fuel

Indonesia's Pertamina conducts trials on 100% palm oil biodiesel and jet fuel

Indonesia's state energy company PT Pertamina said on Friday it had started trials on diesel made entirely out of palm oil at its Cilacap refinery on Java island after conducting trials on jet...
January 15, 2021 at 04:04 am