Australia's two biggest miners have seen little sign that customers want to use Chinese currency to buy their products, despite efforts in the Middle Kingdom to elevate Renminbi's role in global commodity trading.
Oil experts estimate that renewed sanctions could take about 350,000 to 500,000 barrels a day of Iranian crude off world markets within months, a modest but meaningful amount.
US crude oil prices rose above $70 a barrel for the first time in over three years as the White House prepared to announce a decision on whether it will withdraw from the Iranian nuclear pact.
The muted response from Starbucks shares on Monday showed as much confusion among investors as its menus can evoke.
Permian 3.0 well designs are making it ever harder for OPEC to rein in global oil supplies.
President Donald Trump said in a tweet that he'll announce whether the US will remain in the Iran nuclear accord at 4am AEST Wednesday.
Spot pricing for coking coal will be the norm, according to BHP, the world's biggest supplier of the steelmaking ingredient.
Swiss-based food giant Nestlé will pay Starbucks $7.15 billion in cash for the rights to sell the US coffee chain's products around the worl...
Firmer commodity prices have helped resource sector firms perform well over the past year and fund managers say there could be more gains ah...
Foreigners can now trade iron ore futures contracts on the Dalian Commodity Exchange.
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