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Oil giants eyeing offshore Bangladesh blocks

Commodity Online. DHAKA: Bangladesh s national oil, gas and mineral exploration company, Petrobangla on Sunday announced its decision to offer 28 blocks for offshore exploration rights.
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More drilling and less oil

By Chris GilpinSince 2000, oil companies working in the U.S. have doubled the number of wells drilled per year with a glaring lack of results.
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Game for a Laugh?

By Adrian AshEvery time the bankers cock up, your money steps in thanks to government bail outs to patch up the losses.
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The decay in global money system

By Julian D W PhillipsFirst the Gold Market and silver prices began to tumble, followed by a recovery in the Dollar, all of which happened in an almost straight line. Markets don t do that to the extent seen last week
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Peak Oil: World will never produce too more oil

By Edward Tapamor Peak oil is a reality. It may take a generation for al the effects to be played out but they will be played out. They will never be solved by current economic thinking, because it was current economic thinking that caused it.
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Will dollar go down even more?

By Bill Bonner Europe's esperanto money has risen to $1.55. In terms of what a Dollar will buy in the United States, a Dollar is down around 25% so far this century
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Copper Declines on Worries About Weak Economy

Copper futures fell on Friday as the economic outlook worsened following the release of new data , increasing fears of recession slowing demand in the United States, the second largest consumer of copper in the world.
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Crude Drops as Worries Ease Over Iraq Pipeline

Crude oil futures prices fell on Friday as worries about supplies from a major export terminal in Iraq eased after a report that damages from an attack yesterday can be repaired quickly.
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Govt to make solar heater mandatory

Commodity Online NEW DELHI: The government will amend the building bye laws for making the use of solar water heaters mandatory in certain categories of building.
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Indian gold futures fall reflects global trend

Commodity Online MUMBAI: Gold futures fell on Indian commodity exchanges in morning trade in tandem with overseas markets, which were lower on profit taking triggered by easing crude oil and book squaring.
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Gold futures end little unchanged in NY

Gold futures pared most of their losses on Thursday in New York, to close almost following a rebound in the U.S. dollar which put some pressure on the precious metal.
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PFC Rites ink deal for coal import

Commodity Online NEW DELHI: Rites Ltd will source and import coal from abroad for state run Power Finance Corporation to meet scarcity of fuel in the wake of increasing electricity consumption.
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PFC Rites inks deal for coal import

Commodity Online NEW DELHI: Rites Ltd will source and import coal from abroad for state run Power Finance Corporation to meet scarcity of fuel in the wake of increasing electricity consumption.
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Oil prices may fall this year: UN survey

Commodity Online NEW DELHI: UN Economic and Social Survey of Asia and the Pacific (UNESCAP) said, world crude oil prices are likely to go down on a slower industrial growth this year.
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Malaysia to host Asia Oil and Gas meet

Commodity Online KUALA LUMPUR: Malaysia will host 13th Asia Oil and Gas Conference (AOGC) from June 8 10 this year, the organizers said here on Thursday.
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'Gold is going over $1 200 no problem...'

Doug Casey says, the monumental monetary crisis can be took place by deflationary, where billions and billions of dollars are wiped out through bankruptcies and defaults, and the remaining dollars become worth more as a result.
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Gold rays weaken forecasters' views

By Gene ArensbergIn the four reporting periods just ahead of the most recent cascade lower for gold and silver those much maligned trading interests were reducing their net short positioning nominally
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Gold gains on weak dollar

Commodity Online NEW YORK: Gold futures ended strong Wednesday at the New York Mercantile Exchange as US dollar continued its southward journey against euro.
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Oil strengthens on US energy report

Commodity Online NEW YORK: World oil prices continued its upward journey Wednesday after US energy report said refinery utilization had dropped to the lowest point since October 2005.

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