Commodities

Brent crude at new two-year low

by AFP
Oil prices continue to fall amid continued worries about global demand.

CIC trims stake in Singapore commodity trader Noble Group

China Investment Corp. raised US$310.6 million from sale of Noble's shares.

Copper ends at 5-month low on China worries

China manufacturing data stokes worries about demand.

US oil prices sink 3.6% on supply fears

by AFP
A strong US dollar and a supply glut have forced world oil prices sharply lower overnight.

Iron ore price remains in freefall

Commodity sees another five-year low as Rio Tinto opts to press ahead with new iron ore mine.

US oil price surges 1%

by AFP
US oil prices have risen sharply at the start of a busy week of economic data.

Iron ore price hits new five-year low

Commodity sinks below $US78 a tonne, former Rio Tinto boss predicts continued weakness.

Picks of the Week

In this week's essential reading guide, Kohler bemoans housing's curse, Gottliebsen identifies the reasons investors are turning their back on Australia and Bartholomeusz analyses the iron ore market.

Oil prices hit by US dollar strength

by AFP
Global oil prices weaken in choppy trade, hit by strong US dollar and higher Libyan output.

Iron ore price fall expected: Albanese

Former Rio Tinto boss says commodity's retreat a case of natural market forces.

Iron ore sinks to new five-year low

Commodity below $US79 a tonne for first time since September 2009 on oversupply fears.

US oil prices rise on inventories drop

by AFP
Oil prices rally after a surprisingly large drop in US crude inventories.

Jobs cut as commodity prices tumble

More than 20,000 jobs have been lost from Australia’s mining sector in just three months.

Iron ore holds at five-year low

Commodity unable to rebound in overnight trade, remains below US80 a tonne.

Oil prices mixed on uneven data

by AFP
WTI and Brent crude move in opposite directions amid mixed manufacturing data.

Iron ore slump continues apace

Commodity fails to rebound despite strong Chinese data, sees new five-year trough.

There's more iron ore carnage to come

5 comments
A declining iron ore price, combined with weakening Chinese demand, is already wreaking havoc on the mining industry, with the broader economy likely to be hit hard in the near term.

Oil drops on demand worries

by AFP
Global crude oil prices fall as traders turn cautious ahead of key Chinese data.

Iron ore slides below $US80 a tonne

Commodity slips under $US80 a tonne for first time since 2009; BHP, Rio sink in London.

Workers strike at BHP's Escondida mine

Union workers at world's biggest copper mine begin 24-hour strike over conditions.

Pages