Market Pulse - Commodities
Trump threatens to quit WTO if it doesn't 'shape up'
US President Donald Trump told Bloomberg in an interview on Thursday that he would withdraw from the World Trade Organization unless it "shapes up" and treats the US better.
EU could scrap car tariffs in US trade deal
Brussels is willing to cancel tariffs on all US industrial products including vehicles in its trade talks with the US, Politico reported on Thursday.
Reabold Resources 'delighted' over California oil discovery
Oil and gas investment company Reabold Resources on Thursday saw a commercial hydrocarbon discovery at the Venturini-Ginochio #3 well within the West Brentwood license area.
Empyrean Energy boosted after approval for California natural gas testing
Oil and gas development firm Empyrean Energy saw its shares jump on Thursday after approval to test the potential for over-looked natural gas in the Alvares 1 well in the Sacramento Basin, California.
Trudeau warns 'no NAFTA deal is better than bad deal' for Canada
Canadian Prime Minister Justin Trudeau said late on Wednesday that although Canada had entered into negotiations for a new North American Free Trade Agreement with Mexico and the US, he would walk away from the talks if the deal doesn’t align with Canada’s best interests.
Commodities: WTI futures climb after inventory data, Iran threat on nuclear deal
Energy and agriculture futures racked-up big gains, with the former boosted by a set of 'bullish' figures on weekly US oil inventories and a threat by Iran that it might leave the nuclear deal that it signed up to in 2015.
WTI higher as DoE says oil inventories fell, possibly on logistical bottlenecks
US crude oil and product stockpiles were down across the board last week as net imports fell back.
Andalas acquires 25% interest in Indonesian oil project
Andalas Energy has acquired an interest in the Bunga Mas production sharing contract, located in South Sumatra, Indonesia.
88 Energy executes rig contract for Alaskan drilling
Dual listed explorer 88 Energy updated investors on operations at its Western Blocks project on Wednesday.
Sector movers: US-Mexico trade talks boost miners, steel companies
News that the US and Mexico had agreed to make modifications to the North American Free Trade Agreement appeared to boost investor sentiment on Tuesday, with shares of miners and steel outfits deriving the greatest benefit, amid hopes that it might herald progress in talks with other trading partners.
Russia gears up for biggest military excercises in four decades
Russia will hold its biggest war games in nearly four decades next month as part of a massive military exercise that will also involve Chinese and Mongolian troops.
Standard Lithium receives results of laboratory tests on Arkansas lithium brine
Laboratory results on high-quality lithium brine recovered from Canadian miner Standard Lithium's Smackover Formation in southwestern Arkansas showed lithium concentrations ranging between 347–461 milligrams per litre in four samples from two existing wells.
IronRidge reveals high-grade lithium drilling results from West African project
Exploration firm IronRidge Resources revealed high-grade lithium drilling results from its Ewoyaa project in Ghana, West Africa on Tuesday.
Chaarat Gold completes first phase of $100m fundraiser
AIM-quoted exploration and development company Chaarat Gold has completed the first phase of its $100m fundraiser with existing and new investors.
WTO chief warns of potential trade disruptions under no-deal Brexit
The World Trade Organization has warned the UK of possible trade disruptions under a no-deal Brexit scenario for the simple reason that there was not enough time beforehand to agree on tariffs and quotas with other WTO members.
ScottishPower to increase standard variable gas and electricity prices
ScottishPower will increase its standard variable prices for domestic gas and electricity from 8 October this year.
Thor Mining eyes 'materially enhanced' returns following Molyhil feasibility study
AIM-quoted resources company Thor Mining's new definitive feasibility study on its Molyhil tungsten and molybdenum project has revealed a net present value in excess of AUD $100m.
Vast Resources awarded exclusive access to Tanzanian diamond concession
AIM-listed explorer Botswana Diamonds revealed that Vast Resources, with which it has signed a memorandum of understanding to develop diamond resources in Zimbabwe, has been awarded exclusive access to a diamond concession in the African nation's Chiadzwa region.
South African government claps back at Trump's 'misinformed' tweets
A spokeswoman for South African President Cyril Ramaphosa said Donald Trump was "misinformed" about the nation's planned land reforms after the US President tweeted that land had been seized from white farmers.
Second round of US tariffs against China go into effect
America ramped-up its trade war with China overnight, with a second round of 25% tariffs, this time on $16bn-worth of Chinese products, having kicked into effect at the stroke of midnight.