Commodities
Commodities: Oil and gold drop amid US dollar strength, partial Saudi ceasefire in Yemen
Commodity prices were lower across the board at the start of the week amid ongoing concerns around global demand and ongoing strength in the US dollar, with investors brushing off better than expected readings on Chinese factory sector activity and some positive news on global trade.
Iran rejects talks with US after Trump hits central bank with sanctions
Iranian foreign minister Javad Zarif has rejected talks with the US after President Donald Trump imposed fresh sanctions on Iran’s central bank.
Commodities: Brent futures gain as Washington places fresh sanctions on Tehran
Trading was subdued in the commodities arena at the end of the week, with traders mostly sitting on their hands going into the weekend break after an eventful five-day stretch.
Petrofac to sell Mexican operations for up to $276m
Petrofac on Thursday agreed to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco International for up to $276m.
Sound Energy drops after poor exploration results and deepened loss
Shares in Sound Energy dropped on Thursday as the oil and gas explorer said a disappointing period had seen poor results from two exploration wells and a deepened interim loss.
Commodities: Energy futures down after Saudi predicts return to pre-attack level in October
Energy futures continued to drag the complex lower on Wednesday after Saudi said that the majority of output of crude oil lost in the previous weekend's attacks on the kingdom's energy infrastructure should be back on-line by the end of September.
Commodities: Oil futures retreat on hopes for Saudi output resumption
Commodity prices retraced part of Monday's advance following reports that Saudi oil output might return to normal in two to three weeks' time and that Riyadh was already close to having recovered almost 70% of the output lost after the drone and cruise missile attacks against its two key installations at the weekend.
Brent futures drop on report Saudi output may be fully restored in weeks
Saudi's lost crude oil production following the cruise missile attacks at the weekend may be fully restored over the next two to three weeks, Reuters reported citing two sources briefed on developments.
Saudi Aramco customers warned of delays - reports
Saudi Aramco has reportedly told customers that next month’s crude deliveries will be delayed following attacks on its facilities.
Jefferies skeptical Yemen rebels responsible for attack on Saudi oil
Analysts at Jefferies sounded a skeptical note on Yemeni Houthi Rebels' claim of responsibility for the drone attack at the weekend against key Saudi oil installations.
Oil loading 'resumes in Saudi Aramco plant' after drone strikes
Saudi Aramco has reportedly resumed vessel loading at one of its plants in Saudi Arabia hit by a drone attack over the weekend.
Commodities: Lean hog futures snap higher as investors sift through trade news
Commodity prices were little changed going into the weekend as investors sifted carefully through the latest news around the US-China trade war, amid speculation that if the US administration was facing the next presidential elections, then Beijing was under pressure from higher food prices, especially for pork.
Regal Petroleum revenues climb after new well drives production growth
Shares in Regal Petroleum jumped on Friday as interim revenue leapt on the back of a 50% increase in production following the hook up of a new well at the end of 2018.
Chinese buyers purchase US soybeans and pork - Reuters
Private Chinese firms purchased the most soybeans in over a year on Thursday, ahead of mid-level talks between US and Chinese trade officials scheduled for the following week.
Brent futures dip as OPEC+ fails to agree to deeper or more prolonged output curbs
Oil prices were under pressure late on Thursday after the Organisation of Petroleum Exporting Countries and its allies failed to commit to deeper or more prolonged production curbs by its members.
Energean Oil & Gas swings to loss, cuts guidance
Energean Oil & Gas on Thursday cut its full-year production guidance and said it swung to an interim loss, as rising costs more than offset a jump in revenue.
Gold prices could breach $2,000 an ounce, says Citi
Gold prices could breach the $2,000 an ounce level and post new cyclical highs at some point in the next year or two, Citi said in a note on Tuesday.
Oilex shares rocket after joint venture dispute resolution
Shares in Oilex stormed higher on Monday after the company reached a resolution with the Gujarat State Petroleum Corporation (GSPC) over a dispute concerning their Cambay joint venture.
New York Times pulls sponsorship for London Oil and Money conference
The New York Times newspaper has binned its plans to sponsor one of the world's biggest oil industry conferences following pressure from environmental activists.
Commodities: Brent futures drop as US and China struggle to fix date for meeting
There was a 'risk-off' tone to trading in the commodities space at the start of the week.