Spot Silver Falls to $22.69 an Ounce
Silver – Spot silver is down $0.227, at $22.69 per ounce.
Articles Tagged "Middle East"
Economics and Water Security Drive Nuclear Power Push in Middle East
Uranium – Acquiring potable water resources and maximizing the value of oil and gas resources are the two most salient reasons for the push toward nuclear power generation in the Middle East.
World Powers to Offer Sanctions Relief to Iran During Meeting
Uranium – Reuters reported that world powers are expected to offer sanctions relief to Iran during their meeting in the Kazakh city of Almaty if it agrees to put an end to its nuclear work.
Oil Soars to $119, Investors Regain Risk Appetite
Oil – Reuters reported that oil went up towards $119 per barrel as investors are evaluating the political situation in the Middle East and are now willing to take risks.
Oil Market Update (February 5, 2013)
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Oil Nears $112 On Signal Of China Growth Revival
Oil – Oil ascended towards $112 per barrel on Monday on signs economic growth in China, the world's second-biggest oil consumer, was beginning to recover while the tension climbs in the Middle East lent further support.
October Oil Output For Iraq Took A Dip By 200,000 b/d
Oil – Iraq's oil production dropped sharply in October to 3.035 million b/d, a 200,000 b/d decline from September output of 3.235 million b/d although oil exports rose slightly to 2.624 million b/d, a new post-1990 record, oil ministry figures obtained Wednesday by Platts showed.
Following a Report Showing Decline Oil Fluctuates
Oil – Oil progressed after an Israeli airstrike that killed the leader of Hamas’s militant wing in the Gaza Strip, reinforcing concern that unrest in the Middle East will intensify, curbing supplies.
Oil Still Down Despite Middle Eastern Turmoil
Oil – Reuters reported that conflict in the Middle East has still not brought about a rise in oil prices, in part because worries about slowing worldwide economic growth and the ongoing Eurozone crisis still abound.
Supply Disruption Concerns Fail to Raise Oil Price
Oil – Reuters reported that oil declined despite fears that conflict in the Middle East may disrupt supply. Gains were suppressed in part due to the expected restart of TransCanada Corp.'s (TSX:TRP) Keystone pipeline.
