Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell to 29.7 million barrels per day (b/d) in November, the lowest volume since mid-2011 when the uprising in Libya significantly reduced the ...
Tags: Platts, OPEC, oil production, Platts survey of OPEC
Twenty-five sessions and counting! That's how long the March contract has been confined to this extremely narrow range of just 212 points, closing no lower than 77.23 cents and no higher than 79.35 cents since October 31st. We probably ...
Tags: cotton, trading opportunity, hedge funds, future, trading range
Abundant shale natural gas reserves in the United States are expected to keep petrochemical producers in North America well stocked with inexpensive ethane for the next decade, according to the just-launched Platts Petrochemical Analytics: ...
Tags: platts, petrochemical, analytic, report, shale, gas, boom
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released ...
Mongolia on Friday unveiled a raft of new investment agreements with China--including an oil-exploration deal—that Mongolian Prime Minister Norovyn Altankhuyag said in an interview would build up the landlocked country's ...
Tags: oil-exploration, crude-oil
For centuries, trading with raw material has been an integral part of economic life. Stock exchanges started everywhere and eventually developed into the stock exchanges that exist today, dealing with shares, too. The first stock exchange ...
Tags: Raw Material, Textile
The response of Asian and global markets to US liquefied natural gas exports will be much stronger and will happen much sooner than many anticipate, putting strong downward pressure on Asian prices, Rice University fellow Kenneth Medlock ...
Tags: LNG Exports, Chemicals
Crude futures fell to fresh lows immediately ahead of the 2:30 p.m. EDT (1830 GMT) market settle Wednesday, as the oil complex extended an overnight selloff in US trading after equity markets slid throughout the the session. NYMEX July ...
Tags: Metallurgy, Mineral, Energy, oil
The all India kappas (seed cotton) arrivals have slipped down to approximately 50,000 bales per day. The demand for Yarn is very poor at the moment and yarn payments in the domestic market have been affected badly. Yarn Export demands ...
Tags: Seed Cotton, Cotton
The All India kappas arrivals have dropped to 70,000 bales per day. Local mills were very cautious in their procurement of cotton. Ginners holding cream quality are reluctant to sell their cotton in hope of better prices. As per CCI report ...
Tags: Seed Cotton, Textile
The Australian dollar has rallied to its highest level in 11 days following gains on global share markets. The currency rose to 103.60 US cents early today, its highest level since April 19. By 7am AEST it had dropped back slightly and ...
A BRIGHTER end to what was a torrid week for mining stocks helped carry the sharemarket to a modest 0.2 per cent gain yesterday. After making a bold start, the benchmark S&P/ASX 200 index drifted lower throughout the trading session, only ...
Tags: economy
Europe's broad FTSE Eurofirst 300 index finance/markets/index?symbol=gb%21FTPP">.FTEU3, which hit its lowest level of the year on Wednesday, opened up 0.2 percent while London's FTSE 100 .FTSE, Paris's CAC-40 .FCHI and Frankfurt's DAX ...
THE sharemarket is lower today, reversing an early rise, with banks hit by a big fall in domestic home sales and resources shares suffering from a steep fall in commodity prices. New home sales fell 5.3 per cent in February, data from the ...
Tags: Service, New home sales
Asia will become the second-largest global natural gas market after North America by 2015 with annual demand rising to 790 billion cubic meters, the International Energy Agency said in a report released Tuesday. "Asia is already home to ...
Tags: natural gas market, Chemicals, Metallurgy