Commodities & Metals
Commodities & Metals Articles
ThinkstockA federal judge in New Orleans has denied a motion by BP plc (NYSE: BP) to suspend payments to some claimants for damages suffered as a result of the 2010 disaster in the Gulf of Mexico...
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ThinkstockThe continuing U.S. drought over much of the western half of the country spread modestly in the past week, now covering about 46% of lower 48 states, up slightly from last week’s reading...
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ThinkstockBaker Hughes Inc. (NYSE: BHI) reported second-quarter results before markets opened this morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of...
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ThinkstockSchlumberger Ltd. (NYSE: SLB) reported second-quarter 2013 results before markets opened this morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS)...
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thinkstockThe price differential (spread) between a barrel of WTI crude and a barrel of Brent crude has closed to less than $0.50 a barrel after soaring to around $28 a barrel in October of 2011. For...
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thinkstockThe Mosaic Co. (NYSE: MOS) reported fourth-quarter and fiscal-year 2013 results before markets opened this morning. The fertilizer maker reported diluted earnings per share (EPS) of $1.14...
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ThinkstockIt is hard to find many analysts or market pundits who will defend gold at this point. Sterne Agee analyst, Michael Dudas, is doing just that in a fresh research call. He is finding support...
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ThinkstockThe International Energy Agency (IEA) is the last of the closely watched reports on the oil market to come out this month. The agency said today that it raised its oil demand growth...
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ThinkstockIn the July release of its Oil Market Report, the Organization of Petroleum Exporting Countries (OPEC) for the first time estimates that demand for the cartel’s crude will decline in...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories dropped by 9.9 million barrels last week,...
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ThinkstockOil field services firm Nabors Industries Ltd. (NYSE: NBR) warned on second-quarter earnings after markets closed last night. The Bermuda-based firm said that it now projects operating...
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ThinkstockA Gulf of Mexico oil well that has been inactive for 15 years began leaking gas condensate late Monday as workers were pluggiing the well for permanent abandonment. Five workers were safely...
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ThinkstockThe U.S. Energy Information Administration (EIA) released the monthly revision to its Short-Term Energy Outlook today, and the major change is that the EIA expects the average price of a...
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ThinkstockIn what may be the last massive mining project we see for some time, Turquoise Hill Resources Ltd. (NYSE: TRQ) announced yesterday that the $6.2 billion Oyu Tolgoi copper and gold project...
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ThinkstockAlcoa Inc. (NYSE: AA) reported second-quarter fiscal 2013 results after markets closed today. The aluminum miner and refiner reported quarterly adjusted diluted earnings per share (EPS) of...
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