Gold and Oil News
Gold and Oil News - December 12, 2007 11:00
Vedanta’s Rs 8400cr aluminium smelter to be ready by February
Vedanta Aluminium Ltd, the Vedata Resources company that is setting up a 5 lakh tonne aluminium smelter with an investment of Rs 8400 crore at Jharsuguda in Orissa, is all set to commission the plant by the end of this fiscal. ‘The first phase of 2.5 Read More…
Return of the bulls pushes crude oil above $90
Return of the bulls pushes crude oil above $90 Oil futures closed above $90 a barrel yesterday, but retreated from earlier highs after the Federal Reserve disappointed investors by cutting a key US interest rate by less than many had hoped. While traders saw the Fed’s decision to trim the federal Source: c.moreover.com
Oil Prices Rise Above $88, Eyes Texas Fog
Oil prices rose back above $88 a barrel on Tuesday as dense fog slowed U.S. crude oil imports along a key Texas waterway and traders shook off day-ago losses caused by forecasts for warmer weather that will curtail U.S. demand. Prices have slumped more Read More… Extract not available. Read More…
Chinese companies to takeover Peruvian copper mine: report
Extract not available. Read More… BEIJING, Dec 11 (Reuters) – China’s crude oil imports rose 1 percent in November from a year earlier to 13.61 million tonnes, preliminary government data showed on Tuesday, as the country suffered through a serious domestic fuel shortage. November Read More…
UPDATE 2-China Nov crude oil imports up 1 pct on yr
BEIJING, Dec 11 (Reuters) – China’s crude oil imports rose 1 percent in November from a year earlier to 13.61 million tonnes, preliminary government data showed on Tuesday, as the country suffered through a serious domestic fuel shortage. November Read More…
Chicago Board of Trade: Wheat, soybean, oat futures climb while corn trades flat
Chicago Board of Trade: Wheat, soybean, oat futures climb while corn trades flat CHICAGO – Agricultural futures jumped Monday on the Chicago Board of Trade. Wheat for March delivery jumped 22.5 cents to US$9.44 a bushel; March corn was flat at $4.1725 a bushel; March oats gained 3.25 cents to $2.835 a bushel; January soybeans […]
Oil Prices Drop Below $88 a Barrel
BANGKOK, Thailand (AP) — Oil dropped below $88 a barrel in Asian trade Monday, extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from Read More…
Oil Prices Drop Below $88 a Barrel
Oil Prices Drop Below $88 a Barrel BANGKOK, Thailand (AP) — Oil dropped below $88 a barrel in Asian trade Monday, extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from Source: c.moreover.com China Direct […]
Oil Prices Drop Below $88 a Barrel
Oil Prices Drop Below $88 a Barrel extending a decline that began Friday after a November U.S. jobs report turned out to be less robust than expected. Crude oil futures have retreated more than 10 percent from their all-time high near US$100 in November, in part on the belief that slower Source: c.moreover.com Crushers at […]
China’s Chalco wins initial approval to take over Baotou Aluminium
China’s Chalco wins initial approval to take over Baotou Aluminium TOKYO (Thomson Financial) – Japan’s foreign minister Sunday said the Chinese version of a joint press statement released after high-level economic talks had not mentioned Tokyo’s wish to see the yuan rise in value. ‘The point that Japan raised about Source: c.moreover.com
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