Gold and Oil News
Gold and Oil News - October 12, 2007 12:00
Wheat, soybean futures climb ahead of USDA report on worldwide supply and demand
Wheat, soybean futures climb ahead of USDA report on worldwide supply and demand NEW YORK – Wheat futures surged Thursday as investors bet the USDA will cut its estimates for the worldwide supply of the grain due to a rash of poor harvests this year and robust demand. In other commodity markets, energy prices climbed […]
Australia’s Newcrest may sell Cracow gold mine
Australia’s Newcrest may sell Cracow gold mine SYDNEY, Oct. 11, 2007 (Thomson Financial delivered by Newstex) — Australia’s largest listed gold miner Newcrest Mining Ltd (OOTC:NCMGY) is looking to sell its Cracow gold mine in Queensland, joint venture partner Lion Selection Ltd said Friday. ‘Lion Source: c.moreover.com Inflationary Fears Support Commodity Prices Grain traders were […]
Saudis to meet Opec vow with big supply hike to Asia
Saudis to meet Opec vow with big supply hike to Asia Tokyo, Singapore: Saudi Arabia told major Asian refiners yesterday it will raise their crude sales by a tenth in November, more than expected as it meets the lion’s share of Opec’s pledge to boost output, industry sources said. The recovery in shipments Source: c.moreover.com […]
S.Africa gold output falls 4.9 pct yr/yr in Aug
S.Africa gold output falls 4.9 pct yr/yr in Aug Extract not available. Source: c.moreover.com FTSE rises 0.8 pct, commodities, Vodafone lead LONDON, Oct 11 (Reuters) – Britain’s top share index climbed 0.8 percent by mid-session on Thursday, hitting 12-week highs as commodity stocks and Vodafone (VOD.L: Quote, Profile , Research) gained, but software group Sage (SGE.L: […]
Producer price index and commodity price index for the industrial sectors: Energy prices up, manufacturing prices down
Producer price index and commodity price index for the industrial sectors: Energy prices up, manufacturing prices down price index Producer price index Source: c.moreover.com
CBH welcomes Labor’s wheat marketing plan
Western Australia’s bulk grain handler, CBH Group, likes Labor’s promise to open up wheat exporting to all companies. Labor has proposed a new model for exporting wheat which it says retains a single desk for the control of wheat exports while allowing a Read More… CHINA Development Bank and Barclays yesterday said the two parties […]
World oil prices soar over $US81
World oil prices soar over $US81 Article from: Agence France-Presse Font size: Decrease Increase : Email : Print From correspondents in New York OIL prices rose on global markets overnight as traders fretted over tight energy supplies ahead of approaching winter months. The prospect of Source: c.moreover.com
Commodities: RM1b fund to ensure applicants are committed
Commodities: RM1b fund to ensure applicants are committed Extract not available. Source: c.moreover.com
Soybeans and Wheat Go In Opposite Directions
Carryover weakness pressured prices early in the overnight session, but then things began to turn around in the early morning hours. The dollar began working lower and energy and precious metals started to rally. Grain and oilseed prices responded to Read More… PTOKYO — Japanese oil refiners Cosmo Oil Co. and Japan Energy Corp. have […]
Chicago wheat futures continue fall from record peaks
The fall in prices for December ’07 wheat futures contract continued on Tuesday (US eastern time) this week on the Chicago Board of Trade (CBOT). But Tuesday’s fall was only half as steep as Monday’s sharp correction – when prices dropped by US30c/bus – Read More…
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