Oil drops to lowest in 10 months
![More than 1 million front-month crude contracts changed hands overnight, far exceeding the daily average of 560,000 ...](http://web.archive.org./web/20170621205554/http://www.afr.com/content/dam/images/1/m/q/i/a/r/image.related.afrIndexLead.320x210.gwvzxh.png/1498077740340.jpg)
Oil prices ended down more than 2 per cent after hitting a 10-month low in volatile trade amid renewed glut worries.
Oil prices ended down more than 2 per cent after hitting a 10-month low in volatile trade amid renewed glut worries.
Commodities have lagged since the start of the year, but a bear market isn't necessarily near, argues Capital Economics.
The world's top central bankers will be quietly cursing as the oil market's slide back into bear market territory threatens to derail their plans.
Oil prices fell 2 per cent to seven-month lows overnight after increases in supply by several key producers.
The market has got it wrong on the hit to Santos from the government's looming LNG export controls, and the policy may in fact have positive benefits.
Noble Group onfirmed on Tuesday it had extended a key debt deadline and was in "constructive" talks with potential investors.
Commodities are often seen as a leading indicator of the economy. If true, then we may be in for some tough times.
Oil slid overnight as rising US supplies cast doubt on the pace of a global supply glut-reduction.
Slower fixed asset investment growth in May and a sharp deceleration in housing starts seen in data on Wednesday point to some of the coolin...
There are plenty of worries playing on the minds of iron ore investors, but Deutsche Bank says the slide is no doomsday scenario.
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