Uranium Investing News reports Canada and Australia clinched the highest spot of world uranium output in 2007.
Uranium mining and production is now on the rise in African nations such as Namibia (7 per cent in 2007), Niger (8 per cent ) and South Africa (1 per cent). Botswana may soon join the ranks of its [...]
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 that will [...]
Gas Investing News reports prices of natural gas had a mild rebound after a bashing with the stall in the US bail-out plan in the past few days.
Through this lens, it is apparent that Tuesday and Wednesday’s rebounds are the product of the “dead cat bounce”. This rather morbid but splendidly explanatory term indicates that a rapid drop [...]
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 shed [...]
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 is [...]
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 only [...]
Tuesday, March 24, 2009
0 Comments