Tin Investing News reports tin prices gained about 18% on the LME last month.
Demand is not the key factor behind the rising tin prices, traders said. It is the production cutback that have played the role of a catalyst in pushing prices higher. The overall rally and bullish sentiment across base metals has also supported [...]
Gas Investing News reports natural gas futures is still sliding below the $7.00 mark on the NYMEX.
Money quote:
From the bull market high of 470 in June this year, the index has fallen 40 per cent. That puts this energy bear market in a league with the index’s worst bear market declines, in 1998, 1986, and [...]
Gas Investing News reports Shell and the Iraqi government putting on paper, a joint venture deal.
In even better news, Shell opened a new office in Baghdad, a good sign that the country is beginning to find stability. Shell employees, however, refused to indicate where their office was.
For complete story, click this link. Follow developments in resource mining [...]
Gas Investing News reports on oil and gas prices just after the Gustav’s passing onto the Gulf of Mexico.
NYMEX futures showed light crude taking a body blow, while natural gas seemed to largely shrug off the news. Part of this is the onset of autumn’s cooler weather and the coming demand increase for home heating [...]
Wednesday, May 13, 2009
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