Market Pulse - Commodities
Commodities: Crude ahead on hopes of US EIA data confirming oil draw
Crude-oil futures are ahead on Wednesday as traders look ahead to US official data this afternoon they hope will confirm a fall in that country's inventories of the precious black liquid last week.
Centamin reiterates full-year 2017 production guidance
Centamin's profits caved in at the start of the year as production declined, but the company reiterated its full-year output guidance on expectations for a recovery in the grade of gold it mines at its main open pit mine and continued high productivity at its underground operations.
Barclays reinstates BP as Top Pick, eyes potential for positive surprises
Analysts at Barclays re-instated BP as their Top Pick in the European oils sector in anticipation of a "material and sustained" improvement in the oil major's free cash flow.
Commodities: Crude lower as markets anticipate inventories data, Fed rate call
Crude-oil futures were lower on Tuesday afternoon as markets anticipated two sets of US inventories data due this week, and the US Federal Reserve's interest-rate call on Wednesday.