Soybean advanced for a second day amid speculation that demand for biofuel made from the oilseed will increase due to high prices for crude oil and weak dollar that boosted demand for commodities.
By Jon Nadler
After a brief dip to $928 gold started to build on yesterday's gains once again overnight as the dollar touched a new all time low vis a vis the euro and sank to 71.50 on the ...
Commodity Online
PERTH: One of world s largest oil companies, ExxonMobil on Thursday said LNG, with its relatively low carbon emissions, would s...
Commodity Online
NEW YORK: Gold and other precious metals followed oil s success train as the US dollar continued to get weaker amid reports of decline in Wall Street equities.June gold p...
Copper futures rose close to the highest record as a falling dollar prompted demand for metals as a hedge against inflation.
Crude oil supplies were down 3.2 million barrels last week to 316.0 million barrels. 600,000 barrels of crude were also added to the Strategic Petroleum Reserve.The USDA's estimate for 2007 2008 U...
Commodity Online
The soaring gold prices have a strange impact on the streambeds across California.With gold hovering over $900 an ounce, peop...
Where Have All the Drivers Gone?
Does it seem like there are fewer cars on the highway this year? The recent trend in motor gasoline consumption would appear to indicate so. Gasoline consumpti...
Gold futures gained 2 percent on Wednesday as crude oil soared to a new record while a weaker U.S. dollar boosted investors demand for the precious metal.
Corn advanced on Wednesday following reports from the U.S. Department of Agriculture that forecasted pre-harvest inventories in the U.S. to fall more than expected as demand for livestock feed and ethanol increases.
Natural gas futures gained amid speculation that supplies will decline as imports of liquefied natural gas (LNG) and shipments from Canada drop.
By Sreekumar Raghavan
MUMBAI: The world is moving from super critical technology to ultra super critical technology to reduce carbon emissions in coal fired power plants. Sequestrian technol...
Crude prices rose to $111 on Wednesday as the government reported crude, gasoline and distillate fuel stockpiles in the U.S. dropped larger than expected last week.
Commodity Online
NEW YORK : Gold and other precious metal follwed oil on their journey south on Wednesday as gold itself pared back heavier losses overnight.June gold was lower by $US8.80...
Copper futures in New York ended falling as U.S. housing data and higher prices rose concerns about lower demand and as the dollar rallied.
By Jon A. Nones
SEATTLE (ResourceInvestor.com) The Executive Board of the International Monetary Fund has endorsed a new package of measures to shore up finances, which includes the previo...
By Julian D.W. Phillips
The focus in the Gold Market has always been on the Dollar price of gold, writes Julian Phillips of the Gold Forecaster. And yet we have ample evidence of why we shou...
By Sreekumar Raghavan
MUMBAI: Why is Tata Power Co Ltd silent even as environmental groups have urged World Bank to rethink about funding the $4.5 bn 4000 MW ultra mega coal powered Mundra...
Wheat advanced following reports that Pakistan will produce less grain than forecasted due to high fertilizer costs that prompted farmers to reduce planting.
Natural gas futures gained in New York amid speculation that cool weather will reduce inventory gains.
Gold futures fell on Tuesday after the dollar gained against major currencies and the International Monetary Fund approved a plan to sell more than 14.2 million ounces of its gold reserves to narrow the lender's financial shortfall.
Crude oil futures fell on Tuesday after a U.S. government report predicted national fuel demand may drop and separately, the dollar rose.
By Jon Nadler
Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...
The idea that gold preserves wealth is even more important in an economic environment where investors are faced with a declining US dollar and rising inflation due to rising commodity prices.Histor...
Drilling at the Montong Botek high grade gold and copper porphyry target in Lombok, Indonesia has returned the longest mineralised intercept to date, which includes 0.25 g/t gold over 576.95 metres...
From gold exchange traded funds (ETFs) to gold stocks to buying physical gold, investors now have several different options when it comes to investing in the royal metal.But what exactly is the pur...
Commodity Online
NEW DELHI: Do you know how much of gold is going to enter the market soon? Around 12.97 million ounces of gold is all set to come to the market with the International Monet...
By K Radhakrishna
India has witnessed a spectacular growth in the refining sector over the years. In 1947, at Independence, there was only one refinery located in Digboi with a capacity of 0...
June crude oil closed up $2.79 at a new contract high of $108.55 with little hope that OPEC can or will do anything to help contain prices.OPEC's Secretary General continues to say that there is p...
Gold futures rallied in New York on Monday along with other precious-metals futures , helped by a strength in crude oil and worries over the financial stability of the U.S. economy heightened investors demand for the precious metal.