Gold and Oil News
Gold and Oil News - September 24, 2007 14:00
China issues second batch of licenses for crude oil sales – commerce ministry
Sep. 24, 2007 (Thomson Financial delivered by Newstex) — BEIJING (XFN-ASIA) – The Ministry of Commerce said it has granted a second batch of licenses for companies seeking to engage in crude oil sales and storage operations. Among the firms to be Read More…
US crude oil futures lower
NYMEX US crude oil futures fell by Friday’s close with oil platforms and coastal refineries along the US Gulf Coast believed to be under less threat from storm damage. The energy companies operating in the Gulf of Mexico had earlier been cautious and Read More…
US crude oil futures soar
Aust markets: Aussie stocks close in the red Aust dollar report: Australian dollar closes stronger Aust credit close: Australian bonds close weaker Read More… Extract not available. Read More…
Gold, crude oil, agricultural commodities surge
Gold, crude oil, agricultural commodities surge for almost 28 years at more than $735 a troy ounce, as investors rushed to buy the yellow metal amid US dollar weakness and inflation concerns. , meanwhile, jumped above $84 a barrel late on Thursday after production platforms in the Gulf of Mexico were Source: c.moreover.com Glencore gets […]
Glencore gets go ahead to lift crude oil for Jamaica
Glencore gets go ahead to lift crude oil for Jamaica KINGSTON, Jamaica (JIS): The Jamaican Cabinet has given the go-ahead to the Switzerland-based oil company, Glencore International, to lift Nigerian crude oil on behalf of Jamaica. This oil will then be sold on the world market and the country will Source: c.moreover.com
FACT BOX: Why oil prices are at a record high
FACT BOX: Why oil prices are at a record high the fifth consecutive trading session that prices have reached an all-time peak. * Real and threatened disruptions to crude oil supplies, constraints at refineries in consuming countries, resilient demand and a flow of investor money into oil have Source: c.moreover.com
Natural rubber rallies on hike in crude oil
The hike in crude oil price reverberated on the natural rubber market as the spot price of the benchmark grade RSS-4 today touched Rs 90 per kg after a gap of six weeks. The buoyancy in the market is mainly because of the hike in the price of crude oil Read More…
Natural rubber rallies on hike in crude oil
Natural rubber rallies on hike in crude oil The hike in crude oil price reverberated on the natural rubber market as the spot price of the benchmark grade RSS-4 today touched Rs 90 per kg after a gap of six weeks. The buoyancy in the market is mainly because of the hike in the price […]
FACTBOX-Why oil prices are at a record high
FACTBOX-Why oil prices are at a record high U.S. crude oil was trading above $82 a barrel on Wednesday, after hitting an all-time high of $82.38 the previous day.Investment flows from pension and hedge funds into commodities including oil have resumed in recent months after a hiatus earlier Source: c.moreover.com AP: Oil Prices Rise to […]
Oil Prices Rise to New Records (AP)
Oil futures rose to new records Tuesday after the Federal Reserve cut interest rates by a larger than expected half percentage point, raising market hopes that economic growth will accelerate and lift demand even as crude oil and gasoline inventories are tight. Read More…
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