Commodities
CSIS chair in strategy sees risk of nuclear arms race in Northeast Asia
Anthony Cordesman of the Centre for Strategic and International Studies (CSIS) has warned media reporters and think tanks should be "a little more critical and interested in the facts," in light of recent sensationalist journalism regarding the ongoing tensions between North Korea and the United States.
Shell completes sale of stake in SADAF
Shell announced on Wednesday that it had completed the sale of its 50% share in SADAF, the company's joint venture with SABIC, following regulatory approval from the kingdom of Saudi Arabia.
WTI falls back as DoE reveals rise in weekly US oil output
US crude oil stockpiles fell sharply despite rising imports amid still high levels of refinery runs.
Bezant Resources aims for profits from Colombia licence in 3 months
Bezant Resources announced on Wednesday the start of commercial production from its FKJ-083 licence in the Choco province of Western Colombia and said it was expecting to reach operational profitability in the next three months.
Credit Suisse reiterates outperform for Weir and Hunting after DoE data
Analysts at Credit Suisse reiterated their 'outperform' recommendations on shares of Weir and Hunting on the back of the latest "solid" official US data on well completions.
China and India troops clash in Western Himalayas
Tension between India and China heightened on Tuesday after Indian and Chinese soldiers briefly clashed in a disputed area of the Western Himalayas, according to a report from Indian officials that was denied by Beijing.
US housing starts miss forecasts in July
The US housing market cooled last month with scant indication in the data that a turnout might be on the cards in the near-term, according to economists.
Harvest Minerals says KPfertil test results exceed expectations
Harvest Minerals said test results for its natural fertiliser product, KPfertil, had exceeded the board's expectations, confirming the potential for it to replace more expensive competitors and to become a staple product in the Minas Gerais agricultural belt in Brazil.
Energy boss warns of volatile gas prices after rig closure
Gas prices are set for increased volatility heading into winter after the closure of a major storage facility off the east coast of England, the CEO of a key energy alliance group has said.
Investec sees risk Petra Diamonds might be forced to raise fresh equity
Investec took an axe to its target price for PetraDiamonds, telling clients the possibility existed the outfit might be forced to go cap in hand to shareholders.
Euro area GDP accelerates in the second quarter of 2017
Economic activity in the single currency bloc picked-up slightly in the second quarter of the year despite a slightly slower expansion in Germany, the region's largest economy.
WTI futures advance after API reports 9.16m barrel stockdraw
Crude oil futures advanced following the release of the latest weekly estimate of US inventories from a private industry group.
Trump faces widespread criticism after regressing on Charlottesville strife
US President Donald Trump is coming in for major criticism within his own Republican party after a fiery press conference at Trump Tower in which he blamed both sides for the unrest caused in Charlottesville last weekend.
ECB's Draghi not set to deliver fresh policy message, report says
Analysts and traders hoping that European Central Bank governor Mario Draghi might signal a small shift in its policy stance next week may be asked to wait at least a little bit longer.
S&P takes Brazil off CreditWatch, but keeps negative outlook
Standard & Poor's took Brazil's long-term debt ratings off the chopping block after president Michel Temer survived votes in the country's electoral court and in Congress related to corruption charges.