According to a recent Bloomberg story Saudi Arabia displaced Russia as the world’s largest oil producer, producing just about three thousand barrels a day more in March of 2012: Saudi Arabia boosted crude production close to a 31-year high in March, overtaking Russia as the world’s largest oil prod...
2012年05月19日
Saudis Pass Russia as Largest Oil Producer in March, JODI Says
Saudi Arabia boosted crude production close to a 31-year high in March, overtaking Russia as the world’s largest producer for the first time in six years, according to the Joint Organization Data Initiative....
2012年05月19日
Gold's correlation to euro since end of March rises to nearly 70%: Deutsche Bank
NEW YORK (Commodity Online): Since the end of March, gold’s correlation to the euro against the dollar has risen to a multi-year high of nearly 70%, said Deutsche Bank, the largest bank in Germany, in a weekly commodities report....
2012年05月18日
Global Gold Jewelry Demand Down 6% in Q1
The high price of gold continues to have a detrimental impact on the worldwide jewelry market as demand in this sector for the precious metal fell by 6 percent, year-over-year, in the first quarter of 2012, the World Gold Council said Thursday....
2012年05月17日
Gold rise sharply by 216% in Turkish lira terms in 5 yrs: WGC
ANKARA (Commodity Online): The gold price has risen in all major currencies in recent years; in Turkish lira terms the price increased 216% between May 2007 and April 2012, said World Gold Council in its “Global gold market-first quarter 2012”....
2012年05月17日
Gold Fields Q1 earnings fall, but beat forecasts
JOHANNESBURG, MAY 17 - Gold Fields, the world's fourth-largest gold producer, reported an 18 percent fall in quarterly earnings on Thursday, albeit above expectations, as output and the bullion price in South African rand both fell....
2012年05月17日
US natural gas prices set to double by 2015, says Shell
Royal Dutch Shell expects US natural gas prices to double by 2015, rebounding strongly from the 10-year lows they have hit as a result of the shale gas boom as US demand for the fuel grows....
Gasoline for immediate loading in northwest Europe traded at less than $1,000 a metric ton for the first time in more than three months. Gasoil futures declined for a fourth day as Brent crude dropped....
2012年05月16日
Ukrainian Sugar Production to Fall 23% This Year, Interfax Says
Ukrainian sugar production will fall about 23 percent this year to 1.8 million metric tons, Interfax- Ukraine reported. Sugar-beet planting in the country dropped to 480,000 hectares (1....
2012年05月16日
Tanzania gold production up 13 pct in 2011
DAR ES SALAAM (Reuters) - Tanzania's gold production rose to 40.4 tonnes in 2011 from 35.6 tonnes a year ago after mining companies invested in higher output due to cash in on the rising price of the precious metal, its central bank said on Tuesday....
2012年05月16日
Gold to Hit $1,900 by Year End: Commodities Pro
The recent sell-off in gold is unlikely to continue in the longer term, with the precious metal set to hit $1,900 an ounce towards the end of the year, according to Walter De Wet, head of commodities at Standard Bank....
2012年05月16日
Gold may fall 50% from its top: Jim Rogers
NEW YORK (Commodity Online): Investment guru Jim Rogers believes that gold could fall upto 50% from its top. Jim Rogers was the co-founder of the Quantum Fund with George Soros and is also the creator of the widely tracked Rogers International Commodities Index (RICI) In an interview with Business...
2012年05月16日
France’s Gasoline Demand Dropped 8.6% Last Month, Group Says
Gasoline consumption in France dropped 8.6 percent in April versus a year earlier, according to an industry group. The nation’s diesel demand fell 0.3 percent in the same period, the Union Francaise des Industries Petrolieres, known as UFIP, said today in an e-mailed statement....
2012年05月16日
Italy’s Gasoline Demand Slumps 16% in April, Ministry Data Show
Italy’s gasoline consumption dropped 16.1 percent in April to 675,000 metric tons from 805,000 tons a year earlier, according to data from the Ministry of Economic Development....
2012年05月16日
Colombia's Smaller Coffee Harvest Seen Down 30% by Licht
Coffee production for the smaller of two annual crops in Colombia, the world’s second-biggest grower of arabica beans, may fall 30 percent this year as rains damage trees, according to researcher F....
2012年05月15日
Base metals top acquisition spending, gold slips 39% to $18.4 bn
HALIFAX, NOVASCOTIA (Commodity Online): Amidst backdrop of ongoing economic crisis and lower growth expectations in China, base metals dominated acquisitions spending in 2011 while gold acquisitions spending slipped 39% year-on-year to a total of $18....
2012年05月15日
India Soybean jumps 1.01% on thin arrivals
MUMBAI (Commodity Online): Soybean futures gained in NCDEX on Tuesday due to rising demand in the spot markets along with weak arrivals. In NCDEX Soybean May contract traded at Rs....
2012年05月15日
Why Gold Is No Longer a Safe Haven for Investors
After falling five of the last six trading sessions, gold has given up all of its gains for 2012, settling at its lowest price of the year. With financial turmoil in the euro zone and global growth slowing, market watchers are starting to ask, what is driving the price of gold lower? Nouriel Roubi...
2012年05月15日
Gold Erases Year’s Gain on Europe Concern: Commodities at Close
The Standard & Poor’s GSCI gauge of 24 commodities fell 1.2 percent to 634.98 by 5:02 p.m. London time. The UBS Bloomberg CMCI index of 26 raw materials dropped 1....
2012年05月12日
Ethanol Plunges to Five-Month Low as Corn and Gasoline Fall
Ethanol futures plunged to the lowest level in almost five months as corn and gasoline dropped. Prices fell for a third day following a U.S. Agriculture Department forecast that the 2012 corn crop would rise 20 percent to a record 14....