Set in a turn-of-the-century Tiffany & Co. ring and flanked by European-cut diamonds, this 7.84-carat oval-cut Kashmir sapphire sold for $1.35 million Tuesday at Bonhams New York. Click through this slideshow to see the top 5 lots from ...
Tags: Kashmir sapphire, jewelry, colored gemstones
The Panamax dry bulk short period freight market is currently trading below operating costs and some owners may be tempted to lay up their vessels as the outlook for 2016 is very weak, sources said. The Panamax short period market is ...
Indonesia's Ministry of Energy and Mineral Resources has set its December thermal coal reference price, also known as the Harga Batubara Acuan, at $53.51/mt FOB, setting a fresh record low for the eighth consecutive month and the lowest ...
Tags: HBA thermal coal, GAR coal
German day-ahead baseload power prices dropped below Eur30/MWh Thursday as wind power output was forecast to rise above 20 GW ahead of calmer weather conditions, which lifted contracts further out, a source said. Baseload power for ...
Tags: nuclear, lignite, coal-fired power
Locational marginal prices for November in New York were the lowest since the New York Independent System Operator began managing the transmission grid in 1999, Rana Mukerji, senior vice president of market structures, said Wednesday during ...
Tags: natural gas, Power Prices
The grid operators of Spain and France, Red Electrica de Espana (REE) and Reseau de Transport d'Electricite (RTE), have assigned cross-border capacity for full-year 2016, REE said in a note Friday. Following an expansion of cross-border ...
The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...
Tags: Natural Gas, temperatures, prices
Indonesia is expected to have as many as 55-60 of uncommitted LNG cargoes next year from the Tangguh and Bontang LNG plants, the head of upstream regulator SKK Migas' communications department, Elan Biantoro, said Monday. The available ...
Tags: LNG cargoes, Badak LNG
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...
Tags: Trafigura, oil prices, crude oil
Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
Philips announced it will be closing down its lighting plant in Burgaw, Pender County in North Carolina, U.S. recently, according to a report by Triangle Business Journal. The factory closure, which will become effective as of Sept. 2016, ...
Tags: Philips, lighting industry
Spurred by major and emerging markets, global photovoltaic (PV) demand has grown substantially this year. According to the latest Gold Member Report by EnergyTrend, a division of TrendForce, installed capacity worldwide for 2015 is ...
Tags: PV power, PV industry
For its fiscal second-quarter 2016 (ended 1 November 2015), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $321.1m, up 8% on $297m a year ago and up 2.3% on $314m last ...
Tags: Finisar, fiscal, Electronics
Bravo Sports Corp., global leader in the recreational and sporting goods markets, announces the acquisition of Pro-Tec, the original action sports protective gear brand founded in 1973. Bravo Sports Corp. has acquired protective gear ...
Tags: Bravo Sports, Pro-Tec