Commodities
Global slowdown could drive oil prices below $40 - Goldman Sachs
Oil prices could tumble to less than $40 a barrel, Goldman Sachs warned on Tuesday, on the back of a slowing global economy and output hikes.
Ramsdens shares shine as outlook lifted on surging gold price
Shares in Ramsdens shone on Tuesday as the pawnbroker lifted its full-year profit outlook on the back of surging gold prices.
Oil prices slump to fresh lows on tariffs, output hike
Oil prices continued to tumble on Friday, hit hard by Donald Trump’s swingeing tariff regime and a surprise output hike from Opec.
Gold price tops $3,100 as trade war fears prompt flight to safety
A continued flight for safety was propping up gold prices once again on Monday, with the price of the yellow metal topping $3,100 an ounce for the first time amid an escalating trade war.
Gold prices hit fresh high on trade turmoil
Gold prices hit fresh highs on Friday, as the latest round of trade tariffs imposed by Donald Trump reignited fears of a global trade war.
Gold hits fresh high as global tensions mount
Gold prices hit fresh highs on Tuesday on the back of mounting geopolitical tensions, including renewed hostilities in the Middle East and the prospect of a global trade war.
Trump doubles tariffs to 50% on Canadian steel, aluminium
US President Donald Trump on Tuesday said he would double tariffs on Canadian steel and aluminium to 50%, sending global stock markets into turmoil once again.
Fresnillo posts jump in operating profits, announces special dividend
Fresnillo posted a jump in in full-year sales and a surge in operating profits, paving the way for the precious metals miner to unveil a special dividend.
Israel sees window for Iran strikes, US intelligence says - WSJ
American intelligence believed that Israel was considering large strikes against Iran's nuclear facilities.
Gold prices rally as Trump ratchets up geopolitical tensions
Gold prices surged on Wednesday, hitting fresh highs, as geopolitical worries and trade tensions between the US and China intensified.
Global oil supply to 'comfortably' meet demand in 2025 - IEA
Global oil supply is likely to "comfortably" meet demand next year, a leading energy body predicted on Thursday, even after Opec voted to delay planned output increases.
Endeavour Mining shares shine as Cote D'Ivoire project advances
Shares in Endeavour Mining spiked on Wednesday as the company said it would conduct a definitive feasibility study (DFS) on its Assafou-Dibibango gold project in Côte d’Ivoire after preliminary assessment confirmed its potential to be a tier one asset.
Crude prices gain as OPEC+ extends supply cuts
Oil prices were up on Thursday as OPEC+ members agreed to extend supply cuts for three months to the end of March after their recent non-ministerial meeting.
Oil prices climb on heightened Middle East fears
Oil prices continued to climb on Wednesday, as fears mounted that conflict was set to spread across the Middle East following Iran's missile attack on Israel.
IEA trims forecasts as demand for oil slows
Global demand for oil is slowing "sharply", the International Energy Agency said on Thursday, as it trimmed annual growth forecasts.
Gold prices hit fresh highs amid US rate cut expectations
Gold prices hit a new all-time high on Tuesday amid growing expectations of US rate cuts in September and after the People’s Bank of China issued new import quotas.
OPEC holds production forecasts, plans to use OPEC+ outlook
OPEC held global oil demand forecasts on Tuesday, adding that there was some upside potential for economic growth this year and beyond, and said it would also start using production from the wider OPEC+ group for forecasts.
BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins
BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and “significantly weaker” fuels margins as it also started a $1. 75bn share buyback.