Energy commodity markets have experienced a high degree of volatility in recent years, with large movements in prices and processing margins throughout the energy value chain (i.e. oil, gas, coal, refining, and shipping). The oil storage sector has also experienced a great deal of change but the impact to the bottom line has been relatively less severe thanks to a supportive market env...Read More
The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016, the MSCI Energy index surging 23% and outperforming the broader market by 18%.The nagging feeling though was that prices had already made the big move, by year end e...Read More
Energy commodity markets have experienced a high degree of volatility in recent years, with large movements in prices and processing margins throughout the energy value chain (i.e. oil, gas, coal, refining, and shipping). The oil storage sector has also experienced a great deal of change but the impact to the bottom line has been relatively less severe thanks to a supportive market env...Read More
The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016, the MSCI Energy index surging 23% and outperforming the broader market by 18%.The nagging feeling though was that prices had already made the big move, by year end e...Read More
The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016, the MSCI Energy index surging 23% and outperforming the broader market by 18%.The nagging feeling though was that prices had already made the big move, by year end e...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The old traders' adage 'better to travel than arrive' has proved true in 2017. Last year was the year to hitch a ride on oil, Brent near doubling to US$55/bbl from the Q1 lows. Investors piled into oil-leveraged equities through 2016,...Read More
In New York on Tuesday copper for delivery in May suffered a second day of markdowns trading at $2.6075 per pound or $5,750 a tonne as output disruptions at the world's biggest mines appear to be closer to being resolved. Copper is down more than 3% this week.Reuters reports Tuesday that top listed copper producer Freeport McMoRan's giant Grasberg mine in Indonesia had resumed staged copper...Read More
On February 14, 2017, President Trump signed into law a joint resolution of Congress to repeal a critical anti-corruption rule for oil, gas and mining companies. The law was introduced by the House on January 30, 2017. It quickly moved to the Senate, where it was passed with the support of the Republicans and opposition of the Democrats.The rule is referred to as the "Cardin-Lugar regulations" and...Read More
Altius Minerals Corp. (ALS:TSX.V, 13.07) is one of our "core" resource companies. It has tremendous expertise in grass roots exploration and has leveraged that skill into a portfolio of royalties. CEO Brian Dalton has also demonstrated-more than most in this sector-the patience and discipline needed to take advantage of the inevitable cycles.Altius has used the downturn of the last few years to ac...Read More
A World Bank's tribunal has ruled in favour of Tethyan Copper Co. (TCC), a joint venture between Barrick Gold (TSX, NYSE: ABX) and Antofagasta (LON:ANTO), in relation to the denial of a mining lease for the multi-billion-dollar Reko Diq copper and gold reserve in the Pakistani province of Balochistan.Ruling confirms that Pakistan violated several provisions of its bilateral investment treaty with...Read More
Chile, the world's No. 1 copper producer, is seeking to attract more investors to its mining sector beyond the well-established copper industry, in an effort to diversify the red metal-depending economy and take advantage of a soaring demand for green energy-related resources such as lithium.As part of the nation's recent efforts, the state mining company ENAMI presented in Canada almost a dozen n...Read More
Investing.com - Gold prices were lower during European morning hours on Tuesday, pulling back from a two-week high as market players awaited comments from a number of Federal Reserve policymakers for more clues on the timing of the next U.S. rate hike.Comex gold futures dipped $5.50, or around 0.5%, to $1,228.40 a troy ounce by 4:05AM ET (08:05GMT).It settled higher for the third session in a row...Read More
(Adds company news items, futures)March 21 (Reuters) - Britain's FTSE 100 futures FFIc1 were flat ahead of the cash market open on Tuesday.* BELLWAY: British housebuilder Bellway BWY.L said on Tuesday it would raise its dividend after posting a nearly 10 percent rise in half-year pre-tax profits, although it warned that labour shortages were pushing up costs in the sector. ENQUEST: North Sea-foc...Read More
March 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 3.5 points on Tuesday, according to financial bookmakers.* SHELL: Royal Dutch Shell RDSa.L said on Tuesday it will drill 161 new gas wells at its Queensland operations by the end of 2018, helping to underpin its promise to continue supplying 10 percent of the domestic gas market to help prevent a shortage. BHP BILLITON: The uni...Read More