Result Page 95 for Latest Commodities News & Archive

Gold consolidates on market uncertainty

Gold prices consolidated positions in Asian trade Thursday on market uncertainty as equity markets and euro movements failed to give any directions for investors.

Gold ETFs rule the game; natural gas in distress

Gold Exchange Traded Commodity (ETC) demand remained upbeat for the nine consecutive weeks as the investors remained buoyant to park their funds under the safe haven instrument mainly on the back of sustained weakness in the Eurozone and banking instability in the region.

Gold gains on bargain hunting; soaring stocks weigh

Gold firmed on Wednesday on bargain hunting driven by persistent worries that debt problems in Europe were worsening, but rising stock markets could still spur a shift to riskier assets.

Oil tops $77 and tracks rising equities

Oil rose above $77 on Wednesday to reach the highest level since mid-May, tracking a recovery in global stock markets as risk appetite returns with easing concern about Europe's economy.

More news

Geothermal Elbowing its Way into the Mainstream

As I've mentioned a few times, geothermal looks to be approaching a rolling boil. A few more positive indicators on the sector presented themselves over the past week. First came news last week that the state of Alaska will reduce royalty rates for geothermal projects on state lands. Previously, state geothermal royalties had been set at a towering 10 to 15% of gross revenues. Under the new legislation, this will fall to 1.75% during the first ten years of income-generating production. After ten...

Gold rush to begin once again in India

Indian equity markets are showing signs of higher volatility and hinting at consolidation from its current levels primarily on the back of overseas economic concerns, the gold prices are once again believed to scale up to make newer highs in near future.

WGC bats for gold in new clean energy sources

The World Gold Council (WGC) has welcomed a new paper from researchers at MIT that demonstrates how rechargeable lithium-air batteries can be significantly more efficient by using a catalyst that consists of nanoparticles of a gold and platinum alloy. This could be a significant step toward making these high-energy-density batteries practical for use in new electric vehicles.

Gold rally: Global mining cos ramp up output

Gold producing countries are ramping up production following the rise in prices in the past few years, according to Gold Made Simple. One of the main factors that influences the price of gold is supply and demand. When demand for gold exceeds supply, which is happening at present, the price of gold goes up and vice versa

Gold advances on safe haven buying

Gold showed signs of recovery in Asian trade as investors turned to safe haven buying on reports of Greek inability to repay its debts.

Gold steadies as euro slips

Gold held steady on Tuesday on safe haven buying as a downgrade of Greece's debt to junk reminded investors the debt crisis in Europe was far from over.

Oil above $75 as Asian demand offsets Greece downgrade

Oil was slightly higher above $75 on Tuesday as prospects for rising demand in emerging economies offset concern about the impact of Europe's debt crisis.

Oil up 2.5 percent0 to $76 on recovery optimism

Oil prices rallied by 2 percent to above $75 a barrel on Monday as renewed optimism about global economic recovery boosted the fuel demand outlook and sent stock markets higher across the globe.

Surat diamond units ask for revision in tax code

Even as the Union Finance Minister is about to come up with the revised direct tax code, the Gujarat-based diamond traders' body, Surat Diamond Association has demanded some of the sea-change amendments in the proposed code, which according to sources in the finance ministry, are 'near to impossible' to implement.

Oil rises 2 percent to top $75 on recovery optimism

Oil prices rallied by 2 percent to above $75 a barrel on Monday as renewed optimism about the global recovery boosted the fuel demand outlook and sent Asian and European stock markets to their highest level in four weeks.

Zimbabwe's blood diamonds and KP's green signal

A long-running controversy over Zimbabwe's allegedly illegal diamond trade, which human rights groups say is run by the army to enrich the power elite, took another twist with a watchdog official saying Harare can resume exports suspended in 2009.

Wayward predictions on abnormal surge of gold?

The mainstream media is saturated with wayward predictions and bullish views on gold amidst in the back drop of the ongoing gold rally. Will gold really spurt as they predict in a particular time frame? Some extremely bullish forecasters foresee the possibility of $1400 to $5000 and above per ounce within a particular time frame.

Gold firms as debt worries underpin buying

Gold firmed in Europe on Monday as expectations that government measures to address elevated sovereign debt levels may ultimately prove inflationary, and as investors bet interest rates will stay low.

Canada energy companies not yet hurt by oil spill

Canadian energy companies operating offshore could face new regulations in the aftermath of the Gulf of Mexico oil spill and the more aggressive oversight may put their shares at risk.

Oil tops $75 on recovery optimism

Oil prices rallied by 2 percent to $75 a barrel on Monday as renewed optimism about the global recovery boosted the outlook for fuel demand and sent Asian and European stock markets to their highest level in four weeks.

Oil moves up along rising stocks in Asia

World oil prices advanced above $74 a barrel in Asian trade Monday mainly after equity markets surged in the region. Light sweet crude for July delivery was seen trading at $ 74.71 a barrel at 12.noon Singapore time while Brent crude was at $ 75.00 a barrel on the ICE futures exchange. Equity markets across Asia gained momentum with Japan's Nikkei rose 1.7 percent as traders bet the region's strong economic growth will boost company profits.

Gold extends gains on weak dollar

Gold prices continued its northern journey in Asian trade Monday as the dollar weakened against a basket of currencies. Gold for immediate delivery was seen trading at $1229.18 an ounce at 12 noon Singapore time while US gold futures for August delivery was at $1230.57 an ounce.

Gold gains while oil eases in New York

Gold prices extended gains while oil dropped at the end of this week's trade in New York. US gold futures for delivery in August gained $8, or 0.7 per cent, to $1,230.20 on the Comex in New York. The metal gained 1 per cent this week.

Great Divide Developing in U.S. Natural Gas

Bentek Energy managing director Rusty Braziel sees a great divide developing in U.S. natural gas. Bentek are one of the leaders in tracking and analyzing American gas pipeline flows. Where gas is flowing, who's using it, and at what price.

Oil price rally stumbles Friday on negative economic news

After clawing its way back above $75 a barrel on Thursday for the first time in four weeks, the benchmark oil futures contract fell back again on Friday on news of an unexpected decline in retail sales in the U.S.

BP sees $3-$6 billion oil spill cleanup bill: analyst

BP expects the total bill for the clean up of the Gulf of Mexico oil spill to be $3-6 billion, an analyst briefed by the oil giant's Chief of Staff said in a research note on Friday.

Gold extends gains after retail sales data

Gold extended gains in Europe on Friday as weaker-than-expected U.S. retail sales data brought risk aversion back to the market, pressuring stocks and the euro and boosting interest in bullion as a safe haven.

Gold rebounds after 1 pct drop, equity gains may weigh

Gold rebounded on short covering on Friday after falling around 1 percent in the previous session, while a rise in ETF holdings to another record showed bullion still attracted buying from investors.

Oil firms ignore politics to deploy in Iraq's south

Rumaila, the workhorse of Iraq's oil industry and its largest producing oilfield, is buzzing with activity as executives, engineers and drillers begin a massive overhaul to nearly triple its million barrels per day output.

Oil falls towards $75 on China growth doubts

Oil prices fell to near $75 a barrel on Friday after gaining about 5 percent this week as investors weighed prospects that the European debt crisis could slow fuel demand growth even in emerging markets such as China.

Oil slips in Asia on China data

World oil prices edged down in Asian trade Friday mainly after yet another Chinese data, industrial output for May, influenced it negatively. Light sweet crude for July delivery was seen trading at $75.19 a barrel at 11.30 a.m Singapore time while Brent crude was at $ 75.05 a barrel in London.

Gold recovers after overnight losses

Gold recovers marginally in Asian trade Friday after an overnight drop of nearly one percent while ETF holdings rose to another record. Gold for immediate delivery was seen trading at $1219.54 an ounce at 11.30 a.m Singapore time while U.S. gold futures for August delivery was at $1221.81 an ounce.

High Hurricane Activity Threatens Gulf Oil Production, Cleanup Efforts

As hurricane season begins in the Caribbean and Gulf of Mexico, forecasters are predicting higher-than-usual activity that could disrupt oil and gas production in the Gulf and hinder efforts to clean up the Deepwater Horizon oil spill.

WJA to boost biz-women in India's jewellery market

Entrepreneurial zeal of Indian women is all set to get a boost as the US-based Women's Jewellery Association (WJA) is launching its India chapter with a view to boost networking among the professional women engaged in the jewellery, watches and related businesses.

Russia, Ukraine eye joint oil production

Russia and Ukraine have decided to cooperate in oil and gas sector by allowing swap assets with each other. Speaking to newsmen here after meeting Russian president Vladimir Putin, Ukraine President Viktor Yanukovych said, We could swap some assets with Russia to cooperate in oil and gas production in Russia,

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Get Listed

COMMODITIES

Pages