Why Finance Bank facilitated crude oil procurement - October 23, 2007 10:00

GOVERNMENT has explained that Finance Bank Zambia (FBZ) facilitated the procurement of crude oil because both the supplier and the State were comfortable with the institution.Finance Minister, Ng’andu Magande said in Lusaka yesterday that when Total Read More… Private and institutional investors now have the choice of using an investment manager to invest in physical […]

Gold, Oil Lose Shine; Wheat Springs - October 23, 2007 8:00

Gold, Oil Lose Shine; Wheat Springs After paring its losses, December gold settled at $760 a troy ounce, down $8.40, on the Comex division of the New York Mercantile Exchange. ‘Today’s price action is a bout of profit-taking on the part of the bulls,’ said Ralph Preston, senior market Source: c.moreover.com Western Grains Research Fund […]

Oil prices fall below $88 a barrel - October 22, 2007 14:00

extending a retreat from last week’s record above $90 a barrel, as investors sold to lock in profits before the contract expires later in the day. Light, sweet crude for November delivery lost 86 cents to $87.74 a barrel in electronic trading on the New Read More… Extract not available. Read More…

Fears power shortages could hinder Tomago Aluminium plans - October 22, 2007 12:00

Tomago Aluminium chief executive says while the company is always looking to expand the smelter, any future developments could be hindered by a lack of available power in New South Wales. Tomago Aluminium turns 25 next year and chief executive officer Read More… /Commodities_Oil_tops_& was not found on this server. Read More…

Government urged to import wheat to avoid crisis - October 22, 2007 10:00

): All Pakistan Flour Mills Association (APFMA) has asked the government to immediately import one million tons wheat in order to avoid any possible crisis in the country. The association also demanded that the wheat support price must be set at Rs500 Read More…

Crude oil prices may fall - October 22, 2007 8:00

Crude oil prices may fall NEW YORK: Crude oil may fall after hitting a record of more than US$90 a barrel, according to a report by analysts at Morgan Stanley. “Crude oil prices have overshot their fundamentals and are likely to come down sharply,” said Eric Chaney and Richard Source: c.moreover.com Commodities boom unstoppable IRON […]

BJP to plead for parity of prices for paddy and wheat - October 19, 2007 14:00

Extract not available. Read More…

Crude Oil Futures Surpass $90 a Barrel - October 19, 2007 12:00

Oil prices surpassed $90 a barrel for the first time in after-hours trading in New York before slipping back Friday in Asia. Investors are being drawn to energy futures as a hedge against the weakening U.S. dollar. That, plus worries over tensions Read More… hovering nearly $2 shy of its record high of $89 a […]

Crude oil futures surpass US$90 a barrel for first time on speculative buying (Oil-Prices) - October 19, 2007 10:00

Crude oil futures surpass US$90 a barrel for first time on speculative buying (Oil-Prices) NEW YORK _ Oil prices surpassed US$90 a barrel for the first time Thursday as the falling U.S. dollar drew new foreign investors and speculators to Read More…