A tonne of top-tier 65 per cent content ore was about $US100 this week compared with less than $US50 for 58pc ore, while ...

Iron ore spreads explode

A ton of top-tier 65 per cent content ore was about $US100 this week compared with less than $US50 for 58 per cent ore.

Rainwater from Hurricane Harvey surrounds oil refinery storage tanks in Texas City, Texas. The storm and resulting ...

Global fuel markets surge as Harvey bites

The storm's effect on energy has spread beyond flooded US refiners as fuel pipelines are also shut, threatening a supply squeeze around the US, and roiling world markets.

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Petrol jumps, oil falls

Gasoline futures jumped to a four-month high and oil dropped as flooding led to the shutdown of major refineries in Texas.