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Amid Trumponomics and Brexit woes, it's worth paying more attention to producer prices

Switching focus from consumer to producer prices when charting the UK economy's path in uncertain climes is worthwhile.

May 22, 2017

By Marcus Dewsnap

Inflation Brexit

Oil spikes to three-week high as more Opec members back production cuts

Brent, WTI futures jump as market prices in fresh output cuts by major oil exporters.

May 19, 2017

By Gaurav Sharma

OPEC Saudi Arabia Algeria

Oil futures extend gains as traders price in Opec cuts

Brent, WTI futures ticked higher as the market soaked in near-certainty of fresh output cuts by major oil exporters.

May 18, 2017

By Gaurav Sharma

OPEC

Gold jumps to two-week high on Trump turmoil

US political uncertainty sent gold prices higher in the face of a weaker dollar.

May 17, 2017

By Gaurav Sharma

OPEC

Betting on higher oil prices goes barmy on Saudi and Russian output cut agreement

Many money managers were withdrawing bets on higher oil prices before Saudi-Russian announcement reignited interest.

May 16, 2017

By Gaurav Sharma

OPEC

Asian markets mixed as oil prices decline

Commodities round-up: Russia and Saudi Arabia agree to cut oil output until March 2018

Major oil producers pledge to do "whatever it takes" to cut production to curb current oil glut.

May 15, 2017

By Dan Cancian

OPEC

Oil futures head sideways as market takes stock of Opec antics

Several Opec ministers and Russia came out in favour of extending production cuts beyond June.

May 13, 2017

By Gaurav Sharma

OPEC

Donald Trump's rhetoric on Nafta harms the very oil industry he claims to champion

The US president claims to be pro oil - yet his criticism of free-trade agreements dents confidence in a cross-border industry.

May 12, 2017

By Gaurav Sharma

Donald Trump

Blockchain can help combat fraud and corruption in the oil and gas business

Baker & McKenzie expert says industry's adoption of Blockchain adds value into supply chain.

May 12, 2017

By Gaurav Sharma

Bitcoin

Oil market bets on $50 a barrel as Opec signals plan to pump less crude

As US inventories decline, oil ministers of Iraq and Algeria claim there's agreement within Opec.

May 11, 2017

By Gaurav Sharma

OPEC

Oil futures reverse decline as OPEC stares at non-OPEC supply uptick

Prospect of rising US shale production continues to neuter possible price boost from Opec output cut extension.

May 10, 2017

By Gaurav Sharma

OPEC

Top Shell lawyer says lower extraction costs helping oil industry cope with downturn

David Brinley, oil and gas giant's General Counsel, says technology playing big part in weathering industry turbulence.

May 10, 2017

By Gaurav Sharma

Royal Dutch Shell LON:RDSB

How much is commodities king and Kremlin insider Gennady Timchenko worth?

Gunvor co-founder and former Soviet era trade official has amassed huge wealth from the natural resources sector.

May 9, 2017

By Gaurav Sharma

Global Oil Futures Log Strong Gains After US Data Fuels Expetations of Higher Oil Demand

Oil heads sideways despite Saudi-Russian hints at extending output cuts

Soundbites in favour of extending oil production cuts having little impact in the face of rising US output.

May 8, 2017

By Gaurav Sharma

OPEC French Elections 2017 Gold

Oil production boost sees lower energy imports in the US

Oil futures recover from five-month low on Saudi intervention

Saudi Arabia's Opec governor claims major oil producers were converging on the need to extend production cuts.

May 5, 2017

By Gaurav Sharma

OPEC

Gold plummets below $1,230 on hawkish US Fed stance as dollar strengthens

Futures trades in the yellow metal see drop of over $20 as US central bank hints at another interest rate hike.

May 4, 2017

By Gaurav Sharma

Federal Reserve OPEC Gold

WTI crude futures take another pummelling on rising US supply

Market sentiment increasingly factoring incremental shale oil barrels as Baker Hughes records another US rig count rise.

May 2, 2017

By Gaurav Sharma

OPEC

Saudi Aramco to acquire full control of Texas-based Port Arthur refinery

Port Arthur is North America's largest oil refinery that produces up to 60,000 barrels of oil per day

May 2, 2017

By Pramod Sharma

Oil price sees tepid recovery as Saudi Aramco claims 'peak demand' theory is misleading

Tug of market direction between higher US oil production and Opec output cuts is in full play.

Apr 28, 2017

By Gaurav Sharma

OPEC

Big draw in US crude inventories fails to prevent another oil futures slump

Brent and WTI register steep declines as market continues to give more weight to rising US shale production.

Apr 27, 2017

By Gaurav Sharma

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