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OPEC crude output drops in Nov. despite demand staying same

OPEC
Crude production from the Organization of the Petroleum Exporting Countries (OPEC) dropped in November by around 70,000 barrels per day (bpd) to 29.1 million bpd, a Platts survey of oil industry officials and analysts showed on Monday.
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Gold Price: From Diwali to the New Year in China

Surging demand from China, the world's second-largest gold buyer, is changing seasonal patterns in Gold Price trends for investors everywhere. At this current pace, private Chinese demand may overtake India's by 2014 (if not sooner).
Nymex WTI futures performance versus USD index - OPEC data

OIL OUTLOOK: How long will it stay ranged? Will it rise above $100?

Dollar, Korea, Ireland, Asian demand, inventories and technicals - a lot of things are weighing on oil now. But market participants find the question if the commodity has reached its bottom technically and on robust demand in some regions, or will a dollar rally or geopolitical developments force it break below the current range, tough to answer.
A Thanksgiving Feast

Thanksgiving dinner may cost a mite more

Thanksgiving traditionally means a celebration of plentiful harvest, but people this year may end up spending a little more on the thanksgiving dinner than before according to the 25th annual survey done by the American Farm Bureau Federation.
Ford

Despite the hype surrounding GM, Ford is the better buy: Analyst

Despite the hugely successful initial public offering General Motors (NYSE: GM) underwent last week, the company still has numerous questions surrounding it, particularly its huge pension liabilities. As such, David Silver, an equity research analyst at Wall Street Strategies in New York, believes that Ford Motor Co. (NYSE: F) is the better auto company and more attractive stock right now.
Shoppers checkout at a Target store in Virginia

Commodities rally a three-way boon to US economy

An Agricultural commodity price rally in the U.S. will help the wobbly recovery in three ways - by boosting inflation a tad and narrowing the worrying trade deficit by a whisker, while not hardening enough to snuff out the fledgling recovery.
China money rate tumbles as big banks unleash cash

China inflation to stay above target as food prices surge

A surge in food prices propelled Chinese consumer prices to a 25-month high in October, despite the government's efforts to control inflation. Food prices in the world’s second largest economy went up by 10.1 percent in October year-on-year.
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US stocks fall on overseas concerns, economic data

S&P 500 Index is down 10.42 points, or 0.85 percent, to trade at 1,187.57 at 09:53 a.m. EDT. The Dow Jones Industrial Average lost 99.57 points, or 0.89 percent, to trade at 11,102.40. The Nasdaq Composite Index fell 0.72 percent.
Traders work on the floor of the New York Stock Exchange

US futures down ahead of economic data

Futures on major U.S. stock indices point to lower opening on Tuesday, with futures on the S&P 500 down 0.59 percent, futures on the Dow Jones Industrial Average down 0.54 percent and Nasdaq100 futures down 0.75 percent.

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