PT Timah (TINS) Tbk, the world’s second largest producer, booked net profit of Rp5 billion only in the first half ended June 30, 2015, crashed almost 99% from the corresponding period of 2014 due to falling prices and squeezed margins.

WTI crude oil hiked 6% Friday to close at US$45.22 per barrel on Nymex. Earlier on Thursday, the commodity jumped as much as 10%. Observers point to fears over conflict in Yemen and tropical storm Erica. Shares of oil and gas producers ended mostly higher in New York...

Olam International, a global trader of agriculture commodities, has decided to issue 332.73 million new shares to Mitsubishi Corporation, representing around 12% of the enlarged issued and paid-up capital of Olam, to raise S$915 million. This is an interesting deal, including Olam’s future operations in Indonesia.

Arch Coal gained further by 38.1% in New York Thursday morning, while Peabody Energy, the world’s largest coal producer in private sector, jumped almost 50% as WTI crude oil hiked more than 10% on Nymex to above US$42.6 per barrel. Have the commodities and related shares been bottoming out?

The benchmark November contracts of crude palm oil (CPO) fell more than 2% to RM1867 per ton on Bursa Malaysia Derivatives Wednesday, while physical price of the commodity touched its new low in Jakarta. Falling soybean oil contributed to the corrections.

PetroChina made an important discovery in Jabung Block, Sumatra. It discovers oil and gas in three wells of Panen-3, Tiung Utara-1, and Tiung Utara-2. Commercialisation of these discoveries make Jabung Block an interesting target in the context of Indonesian policies over blocks about to expire.

China’s decision to cut interest rate failed to cheer up Wall Street. The Dow Jones Industrial Average (DJIA) lost 1.3% in a volatile session Tuesday. WTI crude oil, however, regained grounds to above US$39 per barrel on Nymex.