Commodity Prices
Crude Oil Pares Earlier Gains to Trade Little Changed Around $80
Mar/02/2010 | Under : Coal Mine, Commodity Prices, Crude Oil, Trade & Market
Crude oil for April delivery was little changed at $79.57 a barrel as of 12:28 p.m. London time in electronic trading on the New York Mercantile Exchange as the dollar strengthened against the euro.
The dollar reversed earlier losses to strengthen to $1.3529 against the euro. A stronger dollar may reduce the appeal of commodities as a hedge against inflation.
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Mining Companies Income Report : Pfizer Income Increased To $2.88 Billion Q4 Results
Feb/03/2010 | Under : Commodity Prices, Companies, Trade & Market
For the third quarter, Pfizer’s net income increased to $2.88 billion or $0.43 per share from $2.28 billion or $0.34 per share in the year-ago period, driven by lower one-time charges as well as cost-reduction initiatives. Quarterly revenues dropped 3% to $11.62 billion from $11.97 billion in the comparable quarter last year.
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Meet and Conference on Development of Mineral Resource and Mineral Based Industry in North Eastern Region
Nov/10/2009 | Under : Commodity Prices, Companies, Mineral Exploration, Trade & Market
To encourage investment in exploration and exploitation of the minerals for the development of mineral based industry in the North Eastern States, a two-day Investors’ Meet and Conference on Development of Mineral Resource and Mineral Based Industry in North Eastern Region began in Guwahati toady. (continue reading…)
Crude Oil Prices Above $ 80 Would Impede Economic Recovery
Oct/21/2009 | Under : Commodity Prices, Crude Oil, Stock, Trade & Market
The average price of crude oil during the week enama above USD $ 70, until this week crude oil prices have reached USD $ 72.21. The increase in crude oil prices keep hope of crude oil demand may rise. But some observers worry, crude oil prices would make it difficult global economic recovery.
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Mining Experts Suggest Zambia Government To Anticipate Copper Prices Changes
Oct/19/2009 | Under : Commodity Prices, Companies, Copper Mine, Mineral Exploration
A mining expert has warned that Zambia will lose a lot of revenue when copper prices on the international market hit above the US $7,500 per metric tonne mark due to an anticipated copper shortage likely to occur between 2010 and 2012.
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Stock Report In Australian Stock Market: U.S. Industrial Production Rose, European Stocks Fall
Oct/19/2009 | Under : Business - Finance, Commodity Prices, Stock, Trade & Market
US industrial production rose by 0.7pct in August, well above forecasts centred on a 0.2pct gain. Capacity use rose from 69.9pct to 70.5pct. But consumer sentiment surprisingly fell from 73.5 to 69.4 in October.
US Treasury Secretary Timothy Geithner warned that the US must live within its means once the economy recovers to preserve the status of the US dollar as the reserve currency. The US recorded a budget deficit of US$1.4 trillion or 10pct of GDP for the year to September 30.
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Oil Companies And Mining Companies Led The Stock Price Increases In Brazil
Oct/13/2009 | Under : Commodity Prices, Companies, Stock, Trade & Market
Brazilian stock futures gained as the U.S. dollar’s decline spurred demand for commodities, sending Vale SA and Petroleo Brasileiro SA higher.
Petrobras, as Brazil’s state-controlled oil company is known, added 0.4 percent in U.S.-trading as crude advanced above $74 a barrel. Vale SA, the world’s biggest iron ore miner, gained as metal prices rose.
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Australia Stock Rise 2 Percent, Australia Postpone Some China Investments In Resource Sector
Oct/08/2009 | Under : Commodity Prices, Stock, Trade & Market
Stocks in Australia rose more than 2 percent, increase in stocks due to rising commodity and metal prices. Australian dollar exchange rate strengthened to reach the highest. Australian dollar exchange rate close to the price of gold and silver trading.
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