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February 2012
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crude oil News

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By Commodity Online India Ltd
Commodity markets were volatile in 2011 but provided better returns than equities to investors but the outlook for 2012 remains clouded by the Eurozone debt crisis and the weakness in the Indian rupee rupee and gains in US dollar strength

By Maxcalla Global Limited
An Agent company helping buyers and sellers of Crude Oil and Petroleum refined products worldwide to success in closing their deals on time by providing a consulting and marketing services for them within the energy industry.

By Paweena Oil & Gas, s.a
(Paweena Oil & Gas,s.a) TransCanada Corp. executives say they’re skeptical that Nebraska legislators will be able to frame legislation capable of rerouting the controversial Keystone XL pipeline through the state.

By GCI Financial
GCI continues to innovate the Forex and CFD online trading industry by providing instant automatic execution on ALL instruments ALL the time.

By Premier-eFinance
Finally dashing BP’s hopes of reviving its deal with Rosneft the new Exxon deal will see the two giants invest $3.2 billion developing the Arctic Kara Sea.

By Premier-eFinance
A group of Chinese investor, currently making $642 million bid for South Africa’s Gold One International, say they will be using this deal as a beachhead for further expansion into Africa.

By Premier-eFinance
Gold demand in India, the world’s largest user, may jump by 25% during the country’s festival season, as buyers expect gold prices to continue bull-run on “safe haven” demand.

By Premier-eFinance
Japan’s Ministry of Finance data shows the country exported net 6.1 tonnes of gold in July, making it more likely that net gold exports will reach a new record this year.

By Premier-eFinance
With demand for gold in China expected to increase to over 25% of total global production the world’s biggest producer is also aiming to build up a huge domestic stockpile of the yellow metal.

By Premier-eFinance
The world’s largest commodities trader is moving to acquire complete ownership of Australia’s Minara Resources.

By TW-International
The world’s top oil traders and international oil companies are cutting ties with Syria ahead of the EU embargo aimed at depriving Bashar al-Assad’s regime of diesel supplies and oil revenues.

By TW-International
Chinese demand is likely to maintain aluminum prices even in the face of global economic uncertainty.

By Premier-eFinance
One of the world’s top oil producers is to import petrol to increase the quality of its petrol.

By Premier-eFinance
BHP Billiton Ltd, the world’s largest mining firm says second-half profit rose to a record and beat analysts’ estimates.

By Premier-eFinance
The world’s largest oil producer, in July, matched a post Soviet Union record set in October 2010.

By TW-International
In a major change of direction from earlier policy, India has now OK’ed the import of diamonds from Zimbabwe.

By TW-International
Barclays says they do not expect swift resumption of Libyan oil production even if the rebels take over complete control of the country.

By Fleming Gulf
Experience the unique opportunity to witness the heavy oil industry experts examining heavy oil production, technology and issues challenging the global heavy oil industry

By TW-International
Fears of a double-dip U.S. recession together with the euro zone debt crisis have Citigroup raising their gold price outlook.

By TW-International
The ongoing bull run in spot gold prices may mimic the climb to dizzying heights seen in 1980 as bullion prices are increasingly becoming emotion drive.

By Premier-eFinance
Exxon Mobil’s huge oil discovery at the Gulf of Mexico’s Julia field remains a topic of hot debate as the U.S. Interior Department insists that the oil giant’s permit in this matter has expired.

By Premier-eFinance
Despite higher prices the WGC sees gold demand remaining strong in the second half of 2011 on the back of strong demand from China and India.

By TW-International
After a first half drop off, China’s crude oil imports are expected to recover in the last 2 quarters of this year.

By TW-International
Increased demand from the world’s fastest growing economy is set to drive the copper price up in the coming months.

By Premier-eFinance
George Soros has cut his gold position by 13.4% according to an SEC disclosure.

By TW-International
The ongoing strength of the gold price has prompted the Ukraine to start large-scale gold mining.

By TW-International
The recent oil price increases will significantly boost the oil cartels 2011 earnings according to the U.S.’s EIA.

By TW-International
Ongoing global economic pressures unlikely to slow copper demand.

By Marketplace Books
Rockwell Trading, one of the most respected trading education sites out there, has teamed up with Traders’ Library to deliver their expansive knowledge to the public.

By Premier eFinance
End of June fuel stocks are almost 1 million tonnes and still at normal levels, while natural gas imports suggest a record for June.

By Tsuen Wan International
According to the head of India’s atomic energy department, a huge deposit of uranium found in a southern state may be among the biggest reserves of the mineral in the world.

By Premier eFinance
Even with the increased rare earths export quotas, nearing 2010 levels, the European Union says the measures do not go far enough to address concerns of stable supplies.

By Tsuen Wan International
The second-biggest U.S. bank has announced a net income increase of 13%, beating analysts’ estimates, as investment-banking profit leapt 49% and fewer customers defaulted on credit.

By Tsuen Wan International
Japan’s PM has said that the recent nuclear crisis has convinced him that the country should wean itself from nuclear power and eventually have no atomic facilities.

By Tsuen Wan International
Oil companies have drilled almost 50% fewer wells in the first 6 months of this year.

By Premier eFinance
BP promises probe into “serious” incident at offshore oil field.

By Premier eFinance
The world’s biggest gold miner produced 132.02 tons of gold in the first 5 months of this year.

By Tsuen Wan International
Industry specialist say the world leader in gold bullion investing may slow down this year compared with sharp growth last year as record-high gold prices increase the potential risk of price volatility.

By Tsuen Wan International
With Vale SA, First Quantum Minerals Ltd and Vedanta Resources Plc about to lead over $6 billion of investments into the country’s mines, Zambia is set to soon enter the world’s top five producers.

By Premier eFinance
Plans for a massive new hydropower development to increase China’s power capacity by almost half by 2015 will not lessen coal demand sufficiently to cut greenhouse gas emissions and may further damage the country’s ailing river system.

By Tsuen Wan International
The world’s third largest aluminum producer announces second-quarter profits more than doubled after prices for the metal rose.

By Premier eFinance
Forrest said he believes iron ore supply will overtake demand and possibly lowering prices in the short and medium term.

By Tsuen Wan International
Strong Asian demand and falling reserves will mean copper and tin prices improve significantly in the last six months of 2011.

By Tsuen Wan International
Independent steel industry analysis firm MEPS (International) Ltd. says world crude steel output will expand by 7.2% year-on-year to 1568 million metric tonnes.

By Tsuen Wan International
Shares of coal miners, steel firms and airlines were sold on the first day of Australia’s unpopular carbon tax scheme while power suppliers warned that the new tax may risk A$4-6billjion in assets if banks tighten financing.

By Tsuen Wan International
Brazilian mining giant Vale says tight global supplies of the steel making ingredient will keep the price of iron ore above $150 per tonne for at least the next five years.

By Tsuen Wan International
Rough diamonds worth around $160 million, which were confiscated in the United Arab Emirates, have been released for sale.

By Tsuen Wan International
India’s Minerals and Metals Trading Corporation (MMTC) has announced that it is to import 350 tons of gold and 1,200 tons of silver in 2011-12 as demand rises.

By Tsuen Wan International
An Indian company recently discovered vast quantities of rare earths in Madagascar, which may help break China’s hold on the market.

By Premier eFinance
The relatively unknown Gina Rinehart, Australia’s richest person may soon over take Bill Gates and Carlos Slim to become the world’s richest person.



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