Commodities Page 55

Nickel headed for worst week in almost a decade

Nickel prices drop as supply concerns ease

Lawrence Gash
Oil prices
Oil prices rise ahead of OPEC+ output decision

Markets await OPEC+ production changes as Covid crisis recedes

Lawrence Gash
Bullion slides as paper assets return to favour

The gold price has been falling for three months and is currently near its low-point for the period. Positive figures for US manufacturing industry have supported the dollar, traditionally the main rival for bullion as a safe-haven asset.

Dan Atkinson
Oil price
Oil price recovery continues amid buoyant forecasts

Crude prices remain near three-monthly highs as hopes for a global economic rebound lift expected demand for oil. But uncertainties remain, and, longer term, moves towards “zero carbon” threaten to depress the value of oil.

Dan Atkinson
Brent and WTI prices
Brent and WTI prices rise as US House approves $1.9trn stimulus bill

Brent and WTI futures rose by more than $1 after the US House of Representatives approved a coronavirus stimulus package.

Ramla Soni
 Gold prices
Gold prices: the puzzle continues

On the face of it, gold prices have been in decline for three months, but the momentum remains upwards. Bullion’s best hope for a sustained recovery lies in a resurgence of inflation.

Dan Atkinson

Rio Tinto
Three executives leave Rio Tinto with huge payouts after destroying ancient Australian caves

Executives at Rio Tinto forced to leave the company after the destruction of sacred rock shelters at Juukan Gorge in Western Australia have received massive payouts

Ramla Soni
Royal Dutch Shell
Shell to sell its Kaybob assets to Canada's Crescent Point for $708m

Royal Dutch Shell is to sell its Kaybob Duvernay assets in Alberta to Canada’s Crescent Point Energy Corp for C$900m, making it the latest divestiture in the continent by the oil major

Ramla Soni
Crude prices
Crude prices recover all lost ground

The price of oil has clawed back all the ground lost during the past 12 months. It is now a little higher than a year ago, on the eve of the coronavirus-induced price crash.

Dan Atkinson
BTC nears $50k while uranium stocks enjoy the market’s spotlight

Bitcoin has almost hit $50k as the market continues to price in new corporate entrants to the market. Uranium stocks are set to soar in 2021

John Shepard
Shift to green energy
Shift to green energy could cause a 46 per cent drop in the revenues of oil economies, report claims

Declining fossil fuel revenues could see total government income fall by at least 20 per cent, leading to cuts in public services and job losses News
Gold prices
Bullion prices rise but remain trapped in a narrow range

Gold prices are higher, but there is little sign of a sustained break-out on the upside. Such support as exists comes from weakness in the dollar ahead of President Biden’s stimulus package.

Dan Atkinson
France’s Total
France’s Total sees 66 per cent drop in full-year profit

France’s Total has reported a fall in full-year profit as the coronavirus pandemic led to a huge fall in oil demand

Ramla Soni
Shell's 2020 profit
Shell's 2020 profit plunges to its lowest in two decades

Last year profit at Royal Dutch Shell fell to its lowest in at least two decades as the coronavirus pandemic hit global energy demand

Ramla Soni
Oil prices
Oil prices on the rise despite Biden White House clean energy pledge

Crude prices have recovered most of the ground they lost during the past year as a result of coronavirus control measures. But with Joe Biden’s new administration committed to a clean energy future, the longer-term outlook is uncertain.

Dan Atkinson

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