South Africa gross domestic product contracted in the first three months of 2014.
Campaign groups seeking to halt the use of conflict minerals in the US said the new law had some impact.
Gold prices have risen some 2.4% in Q2.
Prices can 'spike' to $150 a barrel if conflict hits Iraq's southern terminals.
Brent and WTI contracts for August down 1.3%.
China's National Audit Office finds loans were obtained on the back of fraudulent gold transactions
US could export some 750,000 bpd of slightly-refined light crude oil August onwards.
World Gold Council meeting scheduled for 7 July hopes to 'explore reform of the London Gold Fix'.
Brent hit by news that Iraq plans big increase in oil exports in July.
More ambitious targets will reduce the EU's dependency on fossil fuel imports.
2013's interim nuclear deal has allowed Iran access to $4.2bn in frozen oil revenues.
Exports from Iraq's southern terminals averaged 2.53 million bpd as of 21 June.
Crude prices cool after worries over Iraq supply ease to some extent.
Brent was at a premium of $7.83 to WTI crude.
Ithaca picks up interest in Cook, Pierce and Wytch Farm oil fields.
Oil to jump if conflict spreads to southern Iraq, where most production sites are based.
Traders keen on gold above psychologically important $1,300 an ounce level.
Vast natural gas reserves off Cyprus's southern shore will add further strain to historic Cyprus-Turkey feud.
Tanker loaded with contentious Iraqi Kurdish oil cargo set to dock in Israel after weeks at sea.
Kelly explores the forces behind the 2000's commodities boom and finds that speculation played a key part.
Brent crude rallied to a new nine-month high on Friday but has not yet decisively broken the upside barrier of a downward channel.
Brent headed for two-week gains as battle for Iraq's largest oil refinery rages.
Beijing to send four more oil rigs to South China Sea at time of heightened tensions over sovereignty
Precious metals break downtrend following cautious Fed policy announcement.
South Stream and North Stream gas projects are intended to bypass gas transit countries like Ukraine.
China's maritime agency asks vessels to give rig wide birth as it heads to scene of recent naval clashes
Fears over the OPEC producer's security have pushed Brent prices to more than $114 a barrel
BREAKING NEWS: Reports that staff have been evacuated following a break in intense fighting
Islamic State of Iraq and the Levant have used oil to finance their operations in Syria and Iraq.
Companies operating the most profitable oilfields will now pay 55% top rate tax.