|Day Low/High||38.14 / 38.89|
|52 Wk Low/High||18.46 / 39.80|
CNOOC paid almost five times more than needed for one block, while Chevron, ExxonMobil and Total also coughed up for currently unprofitable deepwater reserves.
Citi upgraded a host of mining companies, claiming that commodity markets were rebalancing and investors will respond by plowing cash into funds.
We like to see broad participation among stocks that have been latent for years.
Another month of falling "core" consumer prices keeps a Bank of Japan rate cut on the agenda.
There's no reason to think any resolution on the table will offset the current supply glut.
Emerging market currencies including the rupee and the Malaysian ringgit slip further against the dollar.
Miners and oil companies pull indices higher ahead of next week's OPEC meeting.
Thermal coal prices are tipped to fall after China eases restrictions on mine output, but coking coal's bull run still has legs.
The Japanese central bank gets no takers for the inaugural step in its new yield curve control program.
Banks and insurers gain ground, while falling mining stocks weigh on the Australian benchmark.
Copper prices extended gains Friday and are on pace for the biggest weekly advance for at least three decades.
BHP and Rio Tinto gain as iron ore rises on excitement about the President-Elect's plan to ramp up infrastructure spending.
Dollar-denominated Chinese imports and exports continue to contract, but at a slower pace than a month earlier.
Assuming a Clinton win, she may be handicapped, by both federal investigators and Republicans.
But it's probably premature to buy crude oil on the current dip.
It's just as dumb to short energy companies as it is to short mining companies.
The U.K. currency falls to its lowest intra-day level since the Oct. 7 'flash crash' before testimony from Bank of England Governor Mark Carney.
The mining companies have vowed to fight charges against 21 current and former executives linked to last year's lethal dam burst at the Samarco mine.
A disappointing third quarter means iron ore shipments could be five million tons lower.
Base metals are trading in a narrow range as investors eye Chinese production.
Cramer shares his views on why it's hard to take this market seriously and the loss of investible sectors. Caterpillar, Ford and General Motors are among the stocks discussed.
U.K. inflation and unemployment data, the ECB's interest rate decision and a raft of earnings await from industry titans awaits investors
Faster inflation data from China and solid car sales figures from Europe add a positive tone to early trading.
As the Fed is the monetary policymaker of the globe, this slowdown may pause Fed action.
Weak trade data from China sparks renewed concern over the global economy, while revived jitters over Brexit reverberate across Europe.
This is what's behind the fall of such magnitude that we are seeing.