Oil jumps above $63 on higher Asian stocks
November 11th, 2008
Cutting iron ore production was a prudent move by Australian miners battling a slowdown in demand from China ahead of negotiations on contract prices with the Asian giant, analysts said ...
On Friday, the Venezuelan state oil company PDVSA and the Russian company Gazprom began drilling for gas in the Gulf of Venezuela. Government officials from both energy giants further concretized ...
Sino Gold Mining Ltd., operator of China's second-largest bullion producer, said the financial crisis and economic slowdown may allow it to pick up assets in the Asian nation. "We see ...
Stock fell in Europe and Asia as investors speculated the profit slump will worsen and declining oil and metals prices pushed commodity producers lower. U.S. index futures retreated.
The United States' only provider of enriched uranium for nuclear power plants says it will go ahead with development of a southern Ohio project even though it has been unable ...
the Venezuelan state oil company PDVSA and the Russian company Gazprom began drilling for gas in the Gulf of Venezuela. Government officials from both energy giants further concretized an alliance ...
Zimbabwe's largest gold mining firm has stopped operations at its five mines across the country, resulting in 5,000 people losing their jobs and officials laying the blame squarely at the ...
Saudi Aramco, the world's biggest state-owned oil company, said a further drop in crude oil prices may curtail investments needed to offset declining output in aging fields. Investment is also needed ...
OPEC nations could further reduce oil output if moves last month to slash production do not bolster plummeting oil prices, OPEC president Chakib Khelil said Saturday. Khelil, who is also Algeria's ...