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Commodities

Commodities

Oil rises again on tension fuelled by tanker attacks

Jun 16 2019 17:26

Oil prices rose again in reaction to geopolitical tension, building on a surge sparked by suspected attacks on two tankers in the Gulf of Oman.

Commodities

Gold seen hitting 6-year high as global markets outlook dims

Jun 10 2019 09:54

Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook.

Gold Last updated: 26/06/2019 04:49 Return YTD 1409,368.64(0.61%)
Silver Last updated: 26/06/2019 04:49 Return YTD 15,260.03(0.18%)
Platinum Last updated: 26/06/2019 04:49 Return YTD 814,0011.00(1.37%)
Commodities

Oil holds gain as US rigs data gives respite from trade gloom

May 27 2019 08:06

Oil held gains above $58 a barrel after American explorers reduced drilling activity to the least in more than a year, providing some respite from a demand outlook thrown into doubt by the US-China trade war.

Commodities

SA may find partners for $1 billion South Sudan oil block

May 21 2019 10:22

South Africa’s Strategic Fuel Fund is welcome to bring in partners to help it execute a $1bn agreement to drill for oil and build a refinery and pipeline in South Sudan, the central African nation’s oil minister said.

Commodities

Oil jumps as OPEC signals continued cuts and US threatens Iran

May 20 2019 07:40

Oil started the week strongly after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while US tensions with Iran ratcheted up.

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