Market Pulse - Commodities
![Oil rig, oil & gas, drilling Oil rig, oil & gas, drilling](https://img.s3wfg.com/web/img/images_uploaded/e/e/woodgroupoffshore_opt1_opt_285x185.jpg)
US oil futures jump after weekly inventory data
Energy futures jumped after a report on US crude and oil-product stockpiles revealed a large drop in the latter.
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Ithaca Energy expands footprint in the Greater Stella Area
Ithaca Energy took another step in its 'hub and spoke' strategy in the Greater Stella Area of the North Sea after signing four agreements to acquire further interests in the Vorlich and Austen discoveries.
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Aussie edges higher following RBA rate cut
Australia acted to forestall an undue slowing in the economy which might see inflation running below target by cutting its benchmark policy rates.
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Saudi Arabia oil price to Asia cut to 10-month low
The world's largest oil exporter Saudi Aramco has lowered the price to its Asian markets for its Arab Light crude by the most in 10 months.
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US carries out strikes against IS positions on Libya
American jets struck at Islamic State positions in Libya for the first time at the request of the UN-backed government.
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Europa Oil&Gas identifies several gas leads offshore Ireland
Europa Oil&Gas announced the discovery of several gas leads spanning two of its licenses offshore Ireland.
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Royal Dutch Shell needs growth delivery, higher oil, Citi says
Analysts at Citi sounded a cautious note on the outlook for Royal Dutch Shell´s performance in the short-term.