Latest from Commodities

Coronavirus sparks wild gold selling spree

People are looking to offload their gold while the price is high.

Petrol prices to drop as coronavirus puts squeeze on oil

Drops in international oil prices have already started flowing through to retail prices.

BP's long-term ambition to achieve net-zero emissions

BP's goals include becoming a net zero emitter in its own production.

Oil tumbles below $50 a barrel as virus saps Chinese demand

Chinese demand for oil has plunged by 20 per cent.

World's most valuable precious metal leaves everything else in the dust

This metal has skyrocketed 31 per cent in the last month.

Billionaire mining magnate pledges $72m to Aussie bush fire recovery

Western Australia mining magnate has outdone all the other donors thus far.

Duncan Bridgeman: Power in the oil market has shifted

COMMENT: The big questions are, what happens next, and where does it end?

Bottom of the barrel: Tamarind creditors top US$300m

In best case scenario, more than 100 creditors would get a few cents in the dollar.

NZ oil exploration hinges on Great South Basin

OMV's drilling off the Otago Coast will determine the future of the industry.

NZOG drills another hole in investor confidence

The New Zealand Oil & Gas saga took another depressing turn this week.

Z Energy writes $35m off value of Flick Electric

Z paid $46 million for a stake in Flick in August last year.

Oil company granted consents for Taranaki drilling campaign

The company has been granted a discharge consent for up to 11 wells.

Why economists are expecting a top milk price

Tight supply and soft NZ dollar behind banks' high milk price forecasts

Mike Kampkes: The age of the electric vehicle

Comment: Criticisms of electric vehicles range from fantastical to alarmist nonsense.

BP hikes petrol by 6c/litre as global oil crisis bites

BP moves to lift prices after fears of a crunch on oil supplies.

Global oil crisis: Gull pledges to hold fuel price until weekend

Gull will stick with current prices until the end of the week.

Filling up: Motorists pump the petrol amid price fears

Economist Cameron Bagrie warned prices could reach $3 a litre in a worst-case scenario.

Pain at the pump: Prices could reach $3 a litre in NZ

Whether the attacks have a short or long term disruption will determine its impact.