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Global mining: a shaft of light
Posted On Tuesday, 07 Feb 2012 By admin. Under futures trading
Dig it up, transport it, sell it. Mining may be the plainest of industries, but a decade of rising commodity prices has transformed it from moustaches and short-sleeved shirts into one of the hottest sectors ...
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Weak Demand Keeps Lid on US Oil Prices
Posted On Tuesday, 07 Feb 2012 By admin. Under futures trading
The weaker demand picture is keeping a lid on U.S. oil prices, even as geopolitical risk increases.
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Crude-oil futures settle lower Monday, awash in oil demand concerns as Greek leaders sought an agreement on more austerity packages, the dollar trades higher, and Brent crude prices climb.
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Natural Gas Supplies Still Abundant
Posted On Tuesday, 07 Feb 2012 By admin. Under futures trading
Despite the EIA's weekly inventory release showing a larger-than-expected drop in natural gas supplies, stocks still remain at their highest level for this time of the year, reflecting low demand amid robust onshore output.
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