Markets » Commodities

Last Updated: Sat, Apr 30 2016 | 1:26 PM |
Dubai firm acquires diamond mining concession in Sierra Leone

Dubai firm acquires diamond mining concession in Sierra Leone

Citigate says exploration activities set to be completed in 2018 as it aims to tap Africa's vast natural resources

Oil prices fall as oversupply concerns mount again

With US crude stockpiles building and Iran showing little interest in joining major producers in freezing production, oil prices may have gained too much too soon in recent weeks

Brent holds above $40 as investors call bottom on oil rout

Meeting between the Organisation of Petroleum Exporting Countries and other oil producers about freezing output could take place between March 20 and April 1

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Saudi firm, Canada Pension Plan leading Glencore unit bids

Glencore aims to slash net debt to $17-$18 billion by the end of 2016 by offloading more assets amid a prolonged commodities rout

Commodities

Commodity   Value
(USD $)
Price
Change
GOLD 1,294.13 27.28
SILVER 17.87 0.29
PLATINUM 1,084.50 29.50
PALLADIUM 629.50 3.50
ICE BRENT CRUDE 48.14 0.00

Opinion » Opinion RSS

Why Saudi Arabia will struggle to kick its addiction to oil

Why Saudi Arabia will struggle to kick its addiction to oil

Transforming the economy is an enormously ambitious undertaking fraught with considerable risks, says Reuters analyst John Kemp

How Etihad's partnership strategy is paying off

How Etihad's partnership strategy is paying off

A strong set of results posted today shows that the Abu Dhabi airline’s much-discussed strategy is starting to bear fruit

Ismat 'Izzy' Abidi: How I built Freshly Ground Sounds

Ismat 'Izzy' Abidi: How I built Freshly Ground Sounds

Ismat “Izzy” Abidi, founder and creative director at Freshly Ground Sounds, shares the inspirational story of how her love for music led to setting up Freshly Ground Sounds and consequently helping build a recognised independent live music scene in Dubai.

Room for improvement?

Room for improvement?

With Dubai’s hotel market reaching maturity, the question of standards has moved to the forefront, says Courtney Trenwith

An Earth Day message to capital markets

An Earth Day message to capital markets

Time to refocus on renewable energy investments

How art and culture can benefit your business

How art and culture can benefit your business

The connection between business and the arts has lasted since the 15th century, but there's only one way a brand can pull it off properly, says Peter B Carzasty, speaking to The Luxury Marketing Council. By being authentic.

Features & Analysis

Luxury prevails in Dubai's retail space

Luxury prevails in Dubai's retail space

Global luxury retail sales have nosedived along with foreign currencies and oil prices...

Saudi riyal peg pressure eases, but not gone

Saudi riyal peg pressure eases, but not gone

Volatile energy swings mean the currency remains vulnerable, especially if Riyadh...

Interviews »

Can Abu Dhabi's new financial free zone compete?

Can Abu Dhabi's new financial free zone compete?

Cities across the Gulf are creating financial centres to propel themselves onto the...

Risky business: Lloyd’s of London's John Nelson

Risky business: Lloyd’s of London's John Nelson

For more than three centuries, Lloyd’s of London has been at the forefront of minimising...

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