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Commodities

Outlook for oil negative in H1 on oversupply: UBS
The report said the market is yet to see the end of the downside momentum following a drop of 12-15 per cent since the start of 2015.
Gulf markets retreat after oil slips
Dubaiís index dropped 2.3 per cent. Developer Emaar Properties fell 1.8 per cent, while builder Arabtec Holding, the most traded stock, tumbled 3.8 per cent.
Oil, gold prices tumble on weaker industrial output
Demand linked to how China, Japan and eurozone perform
Caution: Slippery road ahead
Brent oil spirals to five-year lows below $60 in highly-volatile week
Gold up as oil slide persists
Crude prices slip to five-year lows as precious metal appeals as safe haven
Oil slides as Opec targets US shale
Heavy falls in the oil market also dragged down many other commodities, despite holiday-shortened trade due to Thanksgiving on Thursday in the United States.
India eases gold import rule in surprise move
Traders said before the decision that Indiaís gold imports could climb to around 100 tonnes for a third straight month in November.
Oil price seen falling to $60
Fund managers are divided over whether Opec will reach an agreement on cutting output. Bathe put the likelihood at no more than 50 per cent.
US stocks gain on stimulus moves in China, Europe
Prices also won support after European Central Bank chief Mario Draghi signalled readiness to act quickly to deter deflation, sparking fresh stimulus hopes.
Airfare continues to rise despite lower oil prices
Simply put: Airlines have no compelling reason to offer any breaks. Planes are full. Investors want a payout. And new planes are on order.
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