Gold and Oil News
Gold and Oil News - November 9, 2007 11:00
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… Crude oil futures closed a volatile session lower Thursday after Federal Reserve Chairman Ben Bernanke issued a warning […]
New York eatery offers $25,000 dessert, a mix of cocoa, milk, gold and diamonds
32 What’s this By The Associated Press NEW YORK – This is one rich cup of haute chocolate: A New York eatery is offering a US$25,000 dessert bulging with top-grade cocoa, edible gold and shavings of a luxury truffle. The Frrrozen Haute Chocolate was Read More… LONDON — World crude prices rebounded toward record high […]
Oil prices drop below $96 in Asia
Nov. 08, 2007 AIM print email By GILLIAN WONG Associated Press Writer Paul Sakuma / AP Photo An Arco gas worker watches as gas is emptied from truck tanks at an Arco gas station in Fremont, Calif., Wednesday, Nov. 7, 2007. Oil prices stalled in their Read More… The Chinese government has reacted strongly to […]
Crude oil stalls in march toward $100
Crude oil stalls in march toward $100 NEW YORK (AP) – Oil prices stalled in their climb toward $100 a barrel Wednesday after a government report said oil inventories fell less than expected last week while refinery utilization remained flat. Oil investors largely viewed the report as neutral Source: c.moreover.com
Canegrowers see silver lining in low profit figures
Canegrowers see silver lining in low profit figures Mackay Canegrowers says less than ideal profits last financial year may be a blessing in disguise. Figures released at the organisation’s annual general meeting, in the north Queensland city yesterday, showed its profits were up by 1.8 per cent, well Source: c.moreover.com China denies intention to dominate […]
Taiwan Flour Millers buy 81,400 tons of U.S. wheat
HONG KONG — The Taiwan Flour Millers Association, which represents 34 grain users, bought 81,400 tons of U.S. No. 1 wheat from Columbia Grain International Inc. in a tender yesterday. Shipments are split into two with the first from Dec. 26 to Jan. 9, Read More… Prakausli Investment (PI) has acquired a 15 percent stake […]
Steel rods missing from luxury high-rise
Steel rods missing from luxury high-rise THE ASAHI SHIMBUN ICHIKAWA, Chiba Prefecture–Construction was suspended on a 45-story luxury condominium building after inspectors found that 128 reinforcing metal rods were missing in columns that help to support the weight of the structure. Without Source: c.moreover.com
Booming crude, metal prices lift FTSE 0.5 pct
LONDON, Nov 7 (Reuters) – Britain’s top share index rose early on Wednesday as higher raw material prices lifted commodity shares, offsetting losses in British Energy after it said it had no restart date for its nuclear reactors. At 0843 GMT, the Read More…
SBI LAUNCHES SALE OF GOLD COIN (will be available at select branches in Bangalore, Mysore, Mangalore and Hubli)
SBI LAUNCHES SALE OF GOLD COIN (will be available at select branches in Bangalore, Mysore, Mangalore and Hubli) State Bank of India (SBI), Bangalore Circle, has launched the retail sale of gold coins and ingots to public. The gold coins and ingots will be available at select branches in Bangalore, Mysore, Mangalore and Hubli. The […]
Oil prices rise above $98 a barrel : Oil prices jumped to a new trading record above $9
(Singapore): Oil prices jumped to a new trading record above $98 a barrel Wednesday amid expectations of declining US supplies and following news of an attack on Yemeni oil pipeline. Light, sweet crude for December delivery rose as high as $98.03 a Read More…
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