Market Pulse - Commodities
The British government should attempt to kickstart the economy and create jobs using green projects, said the International Monetary Fund’s chief economist.
Precious metals exploration and development firm Chesterfield Resources has encountered significant intersections of sulphide mineralisation at its Evlim target.
Analysts at Credit Suisse kept their recommendation for shares of Hunting at 'hold', warning clients to expect only a "modest" recovery in activity in the US shale oil sector.
Shell said it planned to write down the value of its assets by up to $22bn after lowering its outlook for oil and gas prices amid the Covid-19 pandemic.
Energy services group Hunting cut its workforce by 25% on Monday as a result of lower oil prices due to the Covid-19 pandemic.
America's foreign trade balance in goods increased sharply last month amid a slide in exports, but likely driven only by oil.
Polymetal International revealed on Tuesday that chief operating officer Vitaly Savchenko had disposed of 10,000 ordinary shares in the FTSE 100-listed precious metals miner.
Oil and gas company i3 Energy exercised its option to acquire all of the issued and outstanding common shares of Toscana Energy on Tuesday.
Russia focused miner Petropavlovsk is seeking a secondary listing on Moscow's stock exchange with a view to expanding its investor base in that country and the positive knock-on effects on the the shares' liquidity, shares trading volumes and for the visibility of its brand.
Oil company Trinity Exploration said on Friday that it was on track to break even in 2020 following a "strong operational and financial performance" during the prior year.
Oil stockpiles in the US rose during the preceding week despite a sharp fall in domestic output, linked to tropical storm Cristobal, and a reduction in net imports.
Analysts at Canaccord Genuity raised their target price for shares of Premier Oil, but kept their recommendation at a 'hold', arguing that they were fully valued.
The European Union has announced its first ever levy in response to Chinese state aid for firms exporting to the bloc from outside the Asian giant.
Unilever pledged to invest €1bn over the next decade in environmental projects that will improve the “health of the planet”.
Berlin unveiled a multi-million dollar investment into German biotechnology outfit CureVac, alongside dievini Hopp BioTech, SAP co-founder Dietmar Hopp's holding company.
Analysts at Berenberg raised their target price on diversified chemicals group Johnson Matthey from 2,400. 0p to 2,700. 0p on Monday, but stated that it was "a bad day for good news".
The latest batch of Chinese economic indicators came in below economists' forecasts but some analysts said they would still lead to upwards forecast revisions.
Analysts at Deutsche Bank hiked their target prices for a raft of miners on Thursday, despite what it termed the "clear risks and uncertainties" around Covid-19 and the outlook for global demand.
Analysts at Canaccord Genuity slightly lowered their target price on oil exploration company Hurricane Energy from 16. 0p to 14. 0p on Thursday following the firm's recent change in leadership.
Money supply growth in the People's Republic of China picked up noticeably last month, leading some economists to push back on expectations for further interest rate cuts - at least for the moment.