Russia indicates it can lift oil output if deal on curbs lapses

Russian oil output could climb to its highest rate in 30 years if OPEC and non-OPEC producers do not extend a supply reduction deal beyond June 30, according to comments by Russian officials and details of investment plans released by oil firms.

Iron ore inventory indicates decline at Chinese ports

As of July 15, inventory of iron ore at 25 major Chinese ports amounted to 74.29 million tonnes indicating a...