Gold and Oil News
Gold and Oil News - November 13, 2007 15:00
Oil Prices Drop in Asian Trading
Oil Prices Drop in Asian Trading SINGAPORE — Oil prices dropped Tuesday after a key OPEC member left open the possibility the oil cartel will increase output to curb rising prices, and following the strengthening of the U.S. dollar overnight. Saudi Arabian Oil Minister Ali al-Naimi Source: c.moreover.com
Oil down on Opec, dollar rebound
Oil down on Opec, dollar rebound SYDNEY – Oil fell for a second day today, as the US dollar held on to its recent rebound and traders weighed up the prospect of another output increase by the Organisation of the Petroleum Exporting Countries (Opec). US light crude for December delivery Source: c.moreover.com
Oil falls for second day on OPEC, dollar rebound
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Ad – Free $100,000 Practice Account With Real-Time Charts, News & Research! Read More… CHICAGO – Futures for agricultural products ended lower Monday on the Chicago Board of Trade. Wheat for December delivery fell one cent US to $7.61 a bushel; December corn dropped 7.75 cents to $3.79 a bushel; December oats lost four cents […]
Looking for a Buy Point This Week for Gold Stocks
Dear Investor, In last weekend’s members only monthly newsletter I said that I was worried that we would see the broad market follow the weakness we have seen in bank stocks and the advance/decline the past few weeks and break down. We indeed got that Read More… — First Quantum Minerals Ltd. (‘First Quantum’ or […]
China exports 4.24 mln tons of steel products in October, down 4.5 pct from September
China exports 4.24 mln tons of steel products in October, down 4.5 pct from September Shanghai. November 12. INTERFAX-CHINA – Growth of China’s steel product exports maintained their downward trend last month, slumping 4.5 percent from September to 4.24 million tons, representing the fourth consecutive monthly fall since July this year, Source: c.moreover.com First Quantum […]
Oil below 96 dollars after OPEC comments
Oil below 96 dollars after OPEC comments SINGAPORE (AFP) – Oil prices fell by more than a dollar in Asian trade on Monday after OPEC kingpin Saudi Arabia indicated the oil cartel will discuss raising output if the need arises, dealers said. At 10:35 am (0235 GMT), New York’s main contract, Source: c.moreover.com
Oil falls as OPEC mulls raising output
Oil falls as OPEC mulls raising output By Fayen Wong SYDNEY (Reuters) – Oil fell more than $1 on Monday, reversing the previous session’s rally, after OPEC kingpin Saudi Arabia said the cartel would discuss boosting oil output at an upcoming meeting to cool surging oil prices. U.S. light Source: c.moreover.com Opec move Extract not […]
More jobs go at aluminium plant
More jobs go at aluminium plant More staff will lose their jobs when the final order is finished Another 14 people are losing their jobs as the final order at a Conwy Valley aluminium plant is completed. This year Dolgarrog Aluminium has already seen its staff of 170 fall to less than Source: c.moreover.com
China not to dominate steel supply
The Chinese government has reacted strongly to European anti-dumping applications against Chinese steel products, stating China’s iron and steel industry would expand to satisfy domestic demand rather than to dominate the global market. Related readings: Read More…
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