Oil – Last month news reports out of China surfaced that the nation might see its natural gas supply fail to meet 35 percent of the demand in 2011, and the shortage could persist through 2021.
Articles Tagged "news"
Crude Investing News reports crude oil did well for about 4 days and fell on Tuesday. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year. After nose-diving from [...]
The Chicago Resource Expo will be held on April 24th and 25th in Rolling Meadows, Illinois. It is the oldest conference of its type in North America, and provides a unique, intimate venue of exhibitors, attendees, as well as keynote speakers. This semi annual event, started by Richard Radez back in 1977, offers investors the [...]
Sprott Moly fund is being “unwound”. They are distributing the assets to shareholders. ELN - high grade copper on Democratic Republic of Congo including 7m of 7% copper and 21m of 2.4% copper. $2.7m cash. LAT – 7g/t gold in Paraguay. $5.2m in cash GEM – lots of uranium drill results in Ontario. All low [...]
Crude Investing News reports oil prices falling due to the strengthening of the US dollar though the global outlook is grim. Governments, companies and investors think a prolonged recession or period of low growth is in the offing, and everyone should take note. Keep in mind though that canned food and guns are among the few investments [...]
Crude Investing News reports instability in the financial markets causing crude prices to fall and the American Elections underway. Along with OPEC production cuts and healthy company numbers, (both discussed below) the market is clearly disjointed. The tenor of discussions in the business pages and networks lately suggests that Yeats was right, and the centre cannot [...]
Silver Investing News reports silver has taken a plunge despite the central banks and governments trying to resolve the global financial crisis. What can save silver from spiraling further or the inability to break through important supports? Substantially rising inflation, which many see as a very likely outcome of worldwide government and central banks rescue packages, will undoubtedly help [...]
Crude Investing News reports oil has fallen in value after the troubled US Financial markets and its bail-out plan. Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s US$700 billion financial sector bailout plan, commodities began to tank. Oil futures [...]
Crude Investing News reports the resurgence of oil futures and it is close to US$120s. Two competing theories have been presented. It is argued that the American government’s massive reaction to the financial sector crises has restored confidence and allayed existing fears of further demand destruction and recession. To my mind, the more persuasive theory [...]
Crude Investing News reports Hurricane Ike was not as devastating as expected and thus having less impact on production, refining and transportation infrastructure in the Gulf Coast. Going forward, the ongoing lack of power in the Houston area will be the most significant obstacle to resuming pre-hurricane activity levels. Exxon Mobil (NYSE:XOM) has confirmed that the Baytown refinery has [...]