Analysis: Commodities

BRENT CRUDE OIL SPOT: Oil: The Holy Grail of rebalancing at your fingertips?

What a twist. Two months after crossing the absolute zero line, US crude oil is trading at $41, up more than 90% since May 1st. The trajectory is similar for the European benchmark, which is trading...

Prepping portfolios for next market storm? Not just gold and govvies

By Saikat Chatterjee and Dhara Ranasinghe G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets to...

New York Cotton : U.S. senator Cotton cautions Britain over Huawei cooperation

U.S. Republican Senator Tom Cotton cautioned Britain on Wednesday that a decision to allow China's Huawei a role in 5G networks could hurt military cooperation and be an issue in trade talks. ...

Coffee : maker JDE Peet's IPO wrapped up in just 72 hours - sources

By Clara Denina and Gwénaëlle Barzic It took just three days to sell shares in JDE Peet's as investors facing a dearth of opportunities because of the coronavirus-induced slow-down...

BRENT CRUDE OIL SPOT: Oil: From Pessimism to Optimism

Oil prices have been recovering for several weeks after the historic fall in WTI prices to below the zero dollar mark, and have since recovered significantly, supported by improved prospects.

Oil jumps to two-month high on easing lockdowns, positive vaccine results

By Scott DiSavino Oil prices on Monday jumped to their highest in over two months on positive early results on a potential coronavirus vaccine, optimism about a resumption in economic...

Oil surges more than 13% on hopes of output deal

By Jessica Resnick-Ault Crude futures surged for a second day on Friday, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to hopes that a...

Gold price boosts Barrick profit as miner eyes copper deals

By Arundhati Sarkar, Zandi Shabalala and Helen Reid Barrick Gold Corp reported a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up...

Starbucks : Luckin Coffee delays annual filing amid accounting probes

Luckin Coffee Inc said on Wednesday it would not file its annual financial report on time as it was dealing with investigations into hundreds of millions of dollars worth of fabricated sales. ...

Stocks rise despite mixed earnings while investors weigh easing of lockdowns

Stock markets across the globe eked out gains on Tuesday, riding out sharp swings on Wall Street as mixed corporate earnings results and dramatic moves in oil prices delivered yet another dose of...

Brent rises on easing lockdowns, U.S. crude falls amid storage shortage

Oil prices fell on Tuesday with U.S. crude leading the decline, falling about 3% as domestic stockpiles were expected to have risen closer to record highs amid tightening storage despite plans to cut...

Freight : Poland's LOT in talks to convert Boeing Dreamliners for freight

Polish airline LOT is in talks with Boeing to modify its 787 Dreamliner jets into temporary cargo carriers, a LOT spokesman told Reuters, in a move that could help to narrow losses from the...

Dollar stronger as euro zone stimulus uncertainty weighs on euro

The U.S. dollar edged higher against the euro in a choppy session on Thursday after a video conference of European Union leaders looking to set up a joint fund to avert an economic collapse in parts...

Jump in oil sends global equities higher; bonds dip

A jump in the price of oil and the promise of more government stimulus to ease the economic pain inflicted by the coronavirus pandemic helped global equity markets surge on Wednesday, prompting...

Brent crude rebounds from more-than 20-year low; U.S. oil up 20% in wild trade

Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds that were...

Explainer: Why Brent oil won't follow U.S. WTI futures below zero

Brent oil futures are set for extreme volatility when the front-month June contract expires next week, but they will avoid the historic plunge below zero that U.S. peer WTI has suffered, traders and...

Negative $40 oil reflects panic - and U.S. crude market economic reality

Traders desperate to avoid owning oil fled the markets on Monday, sending crude futures into negative territory for the first time ever, in recognition that the coronavirus pandemic has sapped demand...

Oil mixed as weak Chinese data, growing U.S. supplies offset Trump plan to ease lockdown

Oil prices were mixed on Friday, with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trump's outlines for the U.S. economy...

Gold : EY whistleblower awarded $11 million after suppression of gold audit

A British court awarded $11 million in damages and expenses on Friday to a former partner at global accounting firm Ernst & Young who exposed money laundering at a major gold refinery in the United...