Commodities

Oil falls as US dollar climbs

by AFP
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US crude is back below $US60 a barrel as inflation data forces US dollar higher.

Atlas Iron strikes deferred royalty deal

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WA iron ore junior gains $12.5m refund in deferred royalty deal with state government.

Twiggy's desperation hints at Fortescue's critical condition

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The level of hysteria in Andrew Forrest's campaign against Rio and BHP will only serve to draw more attention to Fortescue's finances.

Iron ore price skids for eighth day

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Pace of losses starts to slow as Forrest talks up supply-demand balance.

Global oil prices surge 3%

by AFP
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US oil prices rebound above $US60 a barrel mark as hope seen for easing of supply glut.

Forrest hits out at inquiry backdown

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Fortescue chairman questions decision to forgo iron ore inquiry, slams major rivals.

Oil prices gain on US data

by AFP
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Crude prices recover some of their recent losses as data show US production slows.

Iron ore extends long losing streak

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Commodity sees seventh straight red session amid continued oversupply concerns.

Vale's China deals expose Forrest's iron ore folly

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As Vale stitches up its iron ore deals with China, the damage that a parliamentary inquiry into iron ore could bring becomes crystal clear.

Ore giants pressuring govt: Forrest

by AAP
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Fortescue chair accuses BHP, Rio of pressuring govt to change tune on iron ore inquiry.

Oil prices slump on oversupply fears

by AFP
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Crude tumbles on sharp US dollar rally, persistent fears over supply-demand dynamics.

Shell optimistic on oil prices

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Shell to plan projects based on a long-term oil price of $US70 to $US110 a barrel.

Iron ore price slips for sixth day

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Rally has now lost all momentum as price falls below $US59 a tonne in offshore trade.

Gold prices hit three-month high

by AAP
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Precious metal continues ascent as investors bet against imminent rate hikes from the Fed.

Oil prices retreat on strong Gulf output

by AFP
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Crude prices slip on signs Gulf producers are still locked in a battle for market share.

Iron ore slumps below $US60

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Commodity tumbles below key level, hits two-week low as run of losses extends to five days.

Oil prices diverge on mixed data

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US oil prices drop for third day on soft economic data, Brent rises on Middle East tensions.

WA govt cuts Port Hedland charges

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State govt announces $40m Utah Point package to help junior iron ore exporters.

An iron ore inquiry misses the point

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Twiggy Forrest's call for a parliamentary inquiry into the iron ore strategies of BHP and Rio is gaining traction -- and it couldn't be more misguided.

Gold hits 3-month high

by AAP
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Spot price for commodity rallies as US dollar comes under pressure on mixed economic data.

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