Market Pulse - Commodities
Oil price decline may have run its course, OPEC says
Abdulla al-Badri, the secretary general of the Organisation for Petroleum Exporting Countries (OPEC), has claimed that oil prices could be on the rise very soon.
Commodities: Metals in decline as traders respond to qualitative easing
Oil prices retreated on Friday as the glut in markets continued to take its toll, while gold and metal futures slipped as the US dollar strengthened.
US crude supplies reach 80-year high
US crude supplies have hit the highest level since July 1924, a new report has shown.
OPEC says oil prices won't fall to $25 or lower
Abdalla El-Badri, the secretary general of the Organization of Petroleum Exporting Countries (OPEC), said it did not expect the price of oil to fall to $25 a barrel or lower.
FX round-up: Euro slides to multi-year lows after shock Swiss National Bank decision
The dollar, along with all major currencies, was in turmoil on Wednesday after the Swiss National Bank (SNB) slashed its former exchange rate of 1. 20 francs to the euro.
Brent crude breaks below $50 for first time since May 2009
As weakness in crude continues, the price of Brent crude broke below $50 for the first time since May 2009.