Cushing, Oklahoma crude stockpiles increased 1.8 million barrels last week, according to a forecast compiled by Bloomberg.

Oil tumbles on rising supply

Oil futures fell as much as 3.1 per cent in New York after OPEC output rose and shale drillers put rigs back to work.

Zinc jumps to 10-year peak

​Zinc prices hit their highest in over 10 years as speculators bet environmental inspections would hit output in China.

China moves to put a price on carbon

China's move to a national ETS will directly affect Australia's energy intensive exporters, says Carbon Market Institute CEO.