Commodities News

Oil Bears Routed by Spring Thaw in Prices as Drill Rigs Sit Idle

1:22 am ET

Speculators pulled bearish oil bets at the fastest pace on record as Saudi Arabia renewed strikes on Yemen and U.S. output slowed.

Iron Bull Market May Endure for Zhu as ANZ Flags Challenges

12:48 am ET

Iron ore may extend a bull-market rally should the world’s biggest producers slow expansions further and even start to cut output from their higher-cost mines, according to Michael Zhu, former global sales director at Vale SA.

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