news

Gold Surges as Dollar Weakens

03.07.2018, 15:55

Gold prices were higher on Tuesday as the greenback fell and trade tensions lingered.

Glencore gets U.S. subpoena on compliance with money-laundering laws

03.07.2018, 15:14

LONDON - U.S. authorities have demanded the U.S. arm of Glencore Plc (L:GLEN) hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela, sending shares in the parent company down more than 10 percent.

Commodities - WTI Crude Breaks Above $75 For First Time Since 2014

03.07.2018, 14:05

Oil prices gained more than 1% on Tuesday with West Texas Intermediate crude passing the $75 mark for the first time since 2014 as supply outages and expectations for further declines in U.S. stockpiles continued to offset an output increase from major producers.

Rouhani says U.S. pressure to stop Iranian oil may affect regional exports

03.07.2018, 13:45

DUBAI - Iran's President Hassan Rouhani said regional oil exports may be threatened if the United States tries to pressure its allies to stop buying Iranian crude oil, the official presidential website reported on Tuesday.

Saudi, Russian energy ministers agree continued oil market coordination

03.07.2018, 13:10

DUBAI - Saudi Energy Minister Khalid al-Falih discussed the oil market developments with his Russian counterpart, and both agreed to continue close coordination in the interest of producers, consumers and the global economy, according to a statement by the Saudi Energy Ministry on Tuesday.