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Commodities
22 Oct
chine-commerce
Commodities: WTI futures reverse course to trade higher, lacklustre trading in copper

Commodities traded slightly lower on Monday, with a stronger US dollar appearing to offset news of tax cuts in China.

22 Oct
offshore north sea oil drilling premier oil
BP wins approval for second North Sea project in two months

BP received approval on Monday for a development off the coast of Shetland which it is hoped will produce 20m barrels of oil, or 12,000 barrels gross of oil equivalent a day at peak.

22 Oct
oil rig workers drilling offshore
Sector movers: Oil&Gas falls to the bottom of the pile

Oil-related issues were at the bottom of the pile on Monday after Saudi oil minister, Khalid Al-Falih, said his country had no intention of repeating a scenario such as the 1973 oil embargo, when the Kingdom weaponised crude supplies for political purposes.

22 Oct
l-opep-songe-a-prolonger-de-neuf-mois-l-accord-petrolier
Saudi has no intention of repeating 1973 oil embargo, Al-Falih says

Crude oil futures slipped after Saudi oil minister, Khalid al Falih, said his country had no intention of repeating the 1973 oil embargo.

22 Oct
lonmin mining industrial
Lonmin commits to Sibanye deal following $200m purchase pact

Platinum producer Lonmin sealed a $200m metal purchase agreement with Chinese outfit Jiangxi Copper to provide the miner with better liquidity while it waits for South African rival Sibanye-Stillwater's takeover to be finalised.

22 Oct
trump-de-la-tele-realite-a-la-realite-diplomatique
Trump promises 'very major tax cut' to middle-income Americans

Donald Trump has vowed to implement more tax cuts ahead of the US midterms, this time promising supporters that Republicans were working on a "very major tax cut" for middle-income Americans.

22 Oct
theresa may portada
May says Brexit deal '95% settled', but party tensions rise

Theresa May will tell the Commons on Monday that 95% of the Brexit deal with the European Union is settled but could face a revolt from members of her cabinet and the wider Conservative party after she proposed looser divorce terms.