Oil – Reuters reported that the Syrian opposition will be unable to sell crude oil for at least a month because it lacks real executive power even as the European Union governments have eased sanctions on Syria to help them.
Palladium – Reuters reported that palladium declined 2.7% on news that the demand for new vehicles in the European Union continues to weaken.
Zinc – Bloomberg reported that Glencore had to end its agreement with Nyrstar, the world’s biggest zinc producer, due to competition concerns after buying miner Xtrata.
Uranium – Bloomberg reported that Romania’s uranium reserves will reopen due to the growing investor interest, according to the country’s Economy Minister Varujan Vosganian.
Rare Earth – Greenland's premier has confirmed that he will not favor the EU over China, or any other investor, when granting access to the country's prized rare earth deposits.
Gold – There was a bullish turnaround in the gold market in the latter half of Q3. While the market may be at risk of a correction in the short term, bulls continue to dominate and further gains are expected.
Tellurium – Facing increasing tariffs, ballooning output and markets saturated by oversupply, Chinese solar panel producers are facing tough times.
Gas – Reuters reported that Italy, Albania and Greece signed an agreement in favor of building the Trans-Adriatic Pipeline (TAP), which will deliver gas from Azerbaijan to the European Union. It is hoped that the pipeline will reduce Europe's dependence on Russia for energy.
Silver – If China is dumping solar panels in western markets, that could be another headwind in an industry that was supposed to be bullish for silver.
Oil – The Wall Street Journal reported that Iran's oil exports fell almost 45 percent in July, in part due to US sanctions and a European Union embargo on the country's oil, both of which are aimed at encouraging Iran to compromise about its nuclear program.
Get our independent commentary on resource trends and companies delivered to your inbox.
