Analysis: Commodities

BRENT CRUDE OIL SPOT: The Puzzle of Oil Demand Assessment

There is a calm mood in the markets, which certainly best illustrate the uncertainty of the operators, torn between the hopes of an economic recovery and the fears of a second wave of Covid-19s here...

Oil dips as prices struggle to break through demand uncertainty

Oil prices dropped on Monday, with Brent slipping from a five-month high as global demand remained below pre-COVID levels while U.S. production edged up.

Hurricane-related shut-ins curb 82% of oil, 59% of natural gas output in U.S. Gulf of Mexico, regulator says

U.S. energy companies on Saturday continued to restaff offshore oil and gas production facilities in the U.S. Gulf of Mexico, according to data released by the U.S. Department of Interior.

Crude oil or cooking oil? For some U.S. refiners, it's now a choice

Refiners have always produced fuel using crude oil. Now some are using grease.

Tech stocks defy downbeat data as dollar, global equities retreat

The dollar eased and global equity markets fell on Thursday, even as the tech-heavy NASDAQ index touched a record high and looked past the growing signs of prolonged economic weakness. Gold also rose...

Gold accelerates higher on fragile economic recovery hopes

Gold extended its record-breaking run on Thursday, driven by expectations of more monetary response as surging virus cases continue to pummel the U.S. economy.

Gold strides further above $2,000/oz, dollar weakens

Gold pushed further past $2,000 an ounce on Wednesday in the face of a weak dollar and expectations of more stimulus measures for the pandemic-ravaged global economy, while stocks in Europe and on...

Canada's Barrick Gold considers switching primary stock listing to NYSE: WSJ

Canadian gold miner Barrick Gold Corp is weighing moving its main listing from Toronto to New York, the company's chief executive said, a step that would weaken its traditional links to Canada,...

Gold charges toward $2,000, stocks climb on stimulus hopes

Gold surged to a record high on Tuesday after Democrats and the White House appeared closer to agreement on new stimulus to help the coronavirus-hit economy and a broad swath of Wall Street edged up...

China says to penalise Luckin Coffee for accounting fraud

Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange.

Equities dip, safe havens rise as U.S. stimulus talks stall

An impasse in U.S. economic stimulus negotiations and mixed corporate earnings reports in Europe pushed global equities lower and sent investors into safe-haven assets like government bonds and gold,...

Gold eyes $2,000 mark in speedy record-breaking run

Gold's record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19's global economic toll, as reflected in dollar weakness,...

Shares retreat globally on U.S.-China tensions, gold soars

Shares worldwide skidded further on Friday as a pickup in U.S. and European business activity did little to ease jitters about rising U.S.-China tensions, while gold broke above $1,900 an ounce on its...

Fear factor: Investors rush into gold and other havens as stocks near highs

Investors are piling into haven assets such as gold, the Swiss franc and cash as U.S. stocks approach all-time highs, looking to hedge big moves in equities amid economic uncertainty and a resurgent...

Alibaba Health Information Technology : Want to make profits from coffee in China? It's actually a grind

Looking outside her Beijing coffee shop where seven other nearby cafes including a Starbucks compete for customers, Huang Ying is simply glad to still be in business.

Luckin Coffee ousts chairman Lu, names Guo as CEO

Luckin Coffee Inc has ousted co-founder and chairman Charles Zhengyao Lu and replaced him with Jinyi Guo, who will also be the chief executive officer, the embattled coffee chain disclosed on Monday.

Luckin Coffee chairman ousted by shareholders: Bloomberg, citing report

Luckin Coffee Inc Chairman Charles Zhengyao Lu has been ousted by shareholders from the embattled coffee chain, just days after a proposal to remove him failed to get board approval, Bloomberg News...

Luckin Coffee's Lu holds on to chairman role

Luckin Coffee Inc said on Thursday co-founder Charles Zhengyao Lu will stay on as chairman of the embattled coffee chain after a proposal to oust him, stemming from an internal fraud investigation,...

Coffee : Luckin Coffee winds up internal probe ahead of vote on chairman removal

Luckin Coffee Inc said on Wednesday it was winding up an internal probe on fake annual sales of about $300 million as it prepares to vote on a proposal to remove Founder-Chairman Charles Zhengyao Lu...