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Energy prices cool off in time for summer
Posted On Tuesday, 31 May 2011 By admin. Under futures trading
Oil and gasoline prices finally hit the brakes in May. After surging to the highest levels since 2008, oil dropped 10 percent for the month, the biggest monthly decline in a year. Pump prices slipped nearly 4 percent.
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Ethanol maker in deal with P&G for green packaging
Posted On Tuesday, 31 May 2011 By admin. Under futures trading
By Carey Gillam KANSAS CITY, Missouri (Reuters) - Procter & Gamble Co. has inked a deal with cellulosic ethanol start-up ZeaChem Inc to convert plant material and other biomass used for ethanol into chemicals ...
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Economic activity in Australia is expected to contract 1.1% in the first-quarter following the slew of natural disasters from earlier this year, and a dismal GDP report is likely to weigh on the exchange rate as the central bank maintains a cautious outlook for the region.
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