Market Pulse - Commodities
Commodities: Oil heads sideways, metals continue recovery
Oil futures headed sideways on Tuesday, while most metal futures maintained upward momentum in European trading.
Oil and gas M&A uptick likely in 2016, says Fitch exec
The pace of mergers and acquisitions in the oil and gas sector is likely to pick up towards the latter half of 2016, according to Alex Griffiths, Managing Director and Head of Natural Resources and Commodities (EMEA) at Fitch Ratings.
Oil and gas sector in for "more pain", says BofAML executive
The oil and gas industry is in for a “lot more pain” in 2016, according to Julian Mylchreest, Global Head of Energy at Bank of America Merrill Lynch.
Brent "unlikely" to cap $60/bbl by end-2016, experts say
The oil price is unlikely to exceed $60 per barrel by the end of 2016, using Brent as a global proxy benchmark, industry experts said on Tuesday at Fitch Ratings' London Energy Seminar.
Brazilian economy crashes for third straight quarter
South America’s largest economy shrank for a third straight quarter over the three months to September, the longest such stretch since records began in the mid-1990s.