Gold and Oil News
Gold and Oil News - November 1, 2007 13:00
China’s crude steel output to reach 480 mln tons in 2007
China’s crude steel output to reach 480 mln tons in 2007 Luo Bingsheng, executive vice chairman of the CISA, said China’s crude steel output in the first nine months stood at 363 million tons, up 17.61 percent, and pig iron output increased by 15.68 percent to 346 million tons. Driven by increasing Source: c.moreover.com
Commodity prices up in October
Commodity prices up in October The Reserve Bank of Australia’s index of commodity prices in special drawing rights (SDR) terms rose 2.1 per cent in October, preliminary estimates from the central bank show. This follows a revised increase of 2.8 per cent in September. The largest Source: c.moreover.com
China’s gold output up 13.10 pct year-on-year to 191.46 tons in firstnine months – NDRC
China’s gold output up 13.10 pct year-on-year to 191.46 tons in firstnine months – NDRC Shanghai. November 1. INTERFAX-CHINA – China produced a total of 191.46 tons of gold in the first nine months of this year, up 13.10 percent from the same period last year, according to National Development and Reform Commission statistics released […]
Oil prices fall below US$90 ahead of US Fed decision on key interest rate
Oil prices fall below US$90 ahead of US Fed decision on key interest rate SINGAPORE – Oil prices dropped below US$90 a barrel Wednesday in Asia ahead of the U.S. central bank’s impending decision on its key interest rate. Light, sweet crude for December delivery fell US$1.03 to US$89.35 a barrel in Asian electronic trading […]
Index Intelligence: Eleven Ways to Play the Commodities Markets
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Oil prices fall below US$90 ahead of US Fed decision on key interest rate
Oil prices fall below US$90 ahead of US Fed decision on key interest rate SINGAPORE (AP): Oil prices dropped below US$90 a barrelWednesday in Asia ahead of the U.S. central bank’s impending decision on its key interest rate.Light, sweet crude for December delivery fell 68 cents to US$89.70 a barrel in Asian electronic trading Source: […]
Enel orders 600 Oil & Steel lifts
Italian power company Enel has ordered 600 units of a new, 18 m working height truck-mounted platform, called the Scorpion 18, from Oil & Steel. The company declined to reveal contract value.Delivery of the first unit will be in November and by Spring Read More… MUMBAI (CommodityOnline.com) — Indians’ recently found love for gold coins […]
Oil prices fall from record high
VIENNA, Austria – Oil prices dropped Tuesday from a record high in the previous session on the view that the disruption of a fifth of the oil production by Mexico’s state oil company is only temporary. Still, a weak dollar and perceptions of tight Read More…
DJ UC Rusal to invest $2 bln in aluminium production in Vietnam
Extract not available. Read More…
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 […]
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