Daily Top Story

Oil dives 2.2% to $43.23, hitting a 9-month closing low and settling in a bear market

06/23/2017 11:05 p.m.

Oil prices fell about 3 percent to seven-month lows on Tuesday after increases in supply by several key producers overshadowed high compliance by OPEC and non-OPEC oil producers with a deal to cut global... Full Story

Iron Seen in Low-$40s by Citi as Supply Grows, Demand Peaks

06/21/2017 9:03 p.m.

Iron ore may extend a slump into the low-$40s as supplies swell and demand reaches a short-term peak amid steel mill restarts and ramp-ups in China, according to Citigroup Inc., which cut its forecasts b... Full Story

Nickel production to grow for first time since 2013 — report

06/19/2017 7:49 p.m.

Global nickel production will come out of negative territory this year for the first time since 2013, driven by Indonesia's export ban moderation, a new report published Monday shows. Along w... Full Story

Innovators toil to revive Canada oil sands as majors exit

06/19/2017 1:08 a.m.

In the boreal forests and on the remote prairies of Alberta, a handful of firms are running pilot projects they hope will end a two-decade drought in innovation and stem the exodus of top global energy f... Full Story

Funds pull back from Permian as U.S. shale oil firms go into overdrive

06/16/2017 1:36 a.m.

Cash, people and equipment are pouring into the prolific Permian shale basin in Texas as business booms in the largest U.S. oilfield. But one group of investors is heading the other way - concerned that ... Full Story

World coal production falls off a cliff

06/14/2017 8:27 p.m.

It’s the end of an era for coal. Production of the fossil fuel dropped by a record amount in 2016, according to BP Plc’s annual review of global energy trends. China, the world’... Full Story

Copper demand from electric vehicles to be nine times higher by 2027 — study

06/12/2017 7:40 p.m.

The growing market for electric vehicles (EVs) will significantly impact demand for copper over the next decade, according to new research commissioned by the International Copper Association (... Full Story

Top 40 miners returned to profit in 2016: PwC

06/11/2017 11:16 p.m.

Is the bad and the ugly over and the good returning to the mining industry? PwC seems to think so, according to a new report from the consulting firm. "The world’s Top 40 miners recovered f... Full Story

Copper price jumps on Chinese imports surprise

06/09/2017 12:59 a.m.

In February copper hit a 21-month high on the back of optimism that Donald Trump's $500 billion-plus infrastructure plan would add fuel to the fire of Chinese economic stimulus already working i... Full Story

China May iron ore imports recover from six-month low

06/08/2017 12:20 a.m.

China's iron ore imports rose 5.5 percent in May from a year earlier, recovering from a six-month low in April, as mills in the top steelmaking nation scooped up more raw material as they posted stro... Full Story


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