NYMEX January crude futures settled 98 cents higher at $86.77/barrel Wednesday, as the entire oil complex received a boost from the US Federal Reserve's move to continue its quantitative easing program to stimulate the economy. January ...
Tags: oil, heating oil, refinery, Nymex Oil
Germany’s trade surplus narrowed in October to its lowest level in over half a year as exports posted meager growth in the face of weakening demand from the country’s recession-hit European partners. Official data showed ...
Tags: Germany, trade surplus, meager growth, import and export
Heeding the continued growth and popularity of its original private label, Guide Gear, The Sportsman’s Guide has called a new in-house brand into service: HQ ISSUE. Shoppers of The Guide’s popular HQ Military Surplus catalog ...
Tags: Guide Gear, Sportsman's Guide, military surplus catalog
Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline tracking slight retreat in international markets, however the downside. LME Copper trades slightly lower ...
Turkey is still highly dependent on Iranian oil imports, despite being given 6 month exception to the sanctions alongside India, South Korea and China amongst others. This was to give the countries time to diversify their energy sources ...
Tags: Turkey, Iranian oil imports, oil, oil industry
XL Group, a global insurance and reinsurance company, has appointed Mary-Ellen Fiske as vice president for Umbrella and Excess Manager at its Surplus Lines unit. Fiske will be based at XL's Chicago office, and will report to XL Group's ...
Tags: XL Group, vice president, Umbrella business
Reuters reported that Nickel prices may see a short term lift over the next several months due to a seasonal rise in demand for stainless steel, but next year's outlook is burdened by another market surplus. Nickel, a component in ...
Tags: Nickel prices, market surplus, seasonal rise
According to the World Bureau of Metal Statistics' most recent report, the market surplus for primary aluminum between January and September 2012 was 488,000 tonnes which follows a surplus of 1,871,000 tonnes recorded for the whole of 2011. ...
Tags: World Bureau of Metal Statistics, primary aluminum, most recent report
Korea Zinc has raised premiums for 2013 term shipments by around a third in Asia as smelter cut backs in China and warehousing deals curbed supply of the metal. Sources said that Korea Zinc will charge USD 120 for 2013 term shipments to ...
Tags: Korea Zinc, smelter cut, metal, premiums
Taipei, Dec. 12, 2012 (CENS)--People’s Bank of China announced yesterday (Dec. 11) designation of the Taipei branch of the Bank of China (BOC) as the renminbi clearance bank in Taiwan, thereby kicking off the cross-Taiwan Strait ...
Tags: Currency Clearance, currency clearance mechanism, deposit, remittance
Taipei, Oct. 16, 2012 (CENS)--Outstanding debt of the central government will top NT$5.27 trillion in 2013, 37.1% of the average GNP in the previous three years, a new high. Premier Sean Chen noted yesterday (Oct. 15) that with the ...
Tags: Taipei, debt, GNP, budgeted income
Reuters cited Mr Thomas Keller CEO of Codelco as saying that company expects the global copper market to swing into a slight surplus in 2013 after several years of deficit but the small excess will have little impact on prices. ...
Tags: copper market, copper price, global economy
While solar power,wind power and tidal power grab the daily headlines,a vastly different green energy technology is quietly making real progress across the globe. Anaerobic waste water digestion technologies respond not only to industry's ...
Tags: green energy, GWE, wastewater with high COD
The Board of Directors took notice of the information on Gazprom's debt management strategy, debt structure, costs and mechanisms of financial resources attraction and approved of the ongoing activities aimed at the Company's debt portfolio ...
Tags: debt management strategy, debt structure, costs and mechanisms
Mr Beni Prasad Verma the minister of Steel said that Bokaro Steel Limited was incorporated as a limited Company on 29th January 1964. Mr Verma said that the land for setting up of public sector steel plants is acquired by concerned State ...
Tags: steel company, iron ore price news, coal crushing plant, steel industry