Gold and Oil News
Gold and Oil News - October 30, 2007 13:00
DJ UC Rusal to invest $2 bln in aluminium production in Vietnam
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Oil prices fall from record high; below US$93 a barrel in Asian trading
SINGAPORE: Oil prices dropped Tuesday from a fresh record set overnight on the view that the disruption of a fifth of the oil production by Mexico’s state oil company is only temporary. Light, sweet crude for December delivery fell 75 cents to US$92.78 a Read More… NEW YORK (AP) – Commodities prices climbed broadly Monday […]
Gold off 28-year peak, silver hits 8-month high
Gold off 28-year peak, silver hits 8-month high RE, Oct 30 (Reuters) – Gold was weaker on Tuesday after rallying to its loftiest level in 28 years the previous day, on record-high oil and a tumbling dollar, while silver extended gains to an 8-month high on fund buying. — Spot gold <XAU=> fell Source: c.moreover.com
14 firms get nod to lift crude oil
14 firms get nod to lift crude oil The Guardian learnt that five multinational firms, which are the traditional buyers of the country’s crude, also scaled through the hurdle following their response to an advertisement placed by the corporation this year seeking qualified traders to bid Source: c.moreover.com
Canadian dollar lifted by commodities, bonds rise
Canadian dollar lifted by commodities, bonds rise By John McCrank TORONTO, Oct 26 (Reuters) – Strong commodities prices gave a boost to the Canadian dollar, which reached a 33-year high against a weaker U.S. dollar on Friday. Domestic bond prices, with no major economic data to consider, moved higher as Source: c.moreover.com
ONGC offers to sell 700,000 barrels of Sokol crude oil
NEW DELHI: Oil and Natural Gas Corp (ONGC) has offered to sell 700,000 barrels of light sweet Sokol crude oil for January 17 loading, tender documents showed. The tender closes on Nov. 1 and bids will remain valid until next day, the document issued late Read More… NEW DELHI: Steel seems to have outplayed other […]
It Is Estimated That By 2010, China’s Gold Output May Be About 280-300 Tons, And In The Forthcoming Five Years, The Annual Growth Rate Of China’s Gold
It Is Estimated That By 2010, China’s Gold Output May Be About 280-300 Tons, And In The Forthcoming Five Years, The Annual Growth Rate Of China’s Gold DUBLIN, Ireland–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/reports/c72844) has announced the addition of ” In 2006, the sharp rise of gold price largely held down the consumption, especially the gold […]
Report: OPEC wont lift quotas
Report: OPEC wont lift quotas NEW YORK (AP) Oil futures jumped to a new record above $90 a barrel Thursday on news that OPEC production increases arent coming as fast as expected and that the cartel wont announce new output quotas when it meets next month. Prices rose in early Source: c.moreover.com Major Chinese Stainless […]
Report: OPEC wont lift quotas
Report: OPEC wont lift quotas NEW YORK (AP) Oil futures jumped to a new record above $90 a barrel Thursday on news that OPEC production increases arent coming as fast as expected and that the cartel wont announce new output quotas when it meets next month. Prices rose in early Source: c.moreover.com
Tamil Nadu demands parity in rice, wheat prices
Chennai, Oct 23 (IANS) Both the ruling party and the opposition in Tamil Nadu Tuesday appeared to have a consensus for raising the support price for paddy and said they would urge the central government to bring the price on par with that of wheat. They Read More…
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