Futures and Commodities
- The news you choose »
- LOGIN TO ADD TO WATCHLIST
In contrast, independent oil refiners that buy crude oil on the market and sell refined products may face adverse price movements. These companies face a significant economic risk if oil prices suddenly spike while the …Read full article » Middle East: Monday, March 08 - 2010 @ 11:46
As soon as President Papandreou won the elections in October 2009, the Greek government hurried to raise the 2009 deficit estimation to more than 12% from a previous forecast of 3.7%. Obviously, this was not …Read full article » Middle East: Thursday, February 11 - 2010 @ 15:55
Sure, China’s economic growth is impressive: the world’s third-largest economy surged 10.7% in the fourth quarter of 2009. Moreover, a surge of 11.1% in the first quarter of this year is being predicted. Full year …Read full article » Middle East: Tuesday, January 26 - 2010 @ 14:33
At the exchange for the carbon emissions allowances, which are traded as part of the European Union’s Emissions Trading System (ETS), prices of carbon dioxide emissions dropped to approximately €12 per metric ton. To put …Read full article » Middle East: Wednesday, January 06 - 2010 @ 11:18
At the New York Mercantile Exchange (Nymex), the futures contracts for gas delivery in January have fallen some 20% this year to $4.56. This compares to the high reached in the middle of 2008 at …Read full article » Middle East: Wednesday, December 09 - 2009 @ 12:10
It is interesting to note that it is not only stocks that have been bought by investors, but also safe havens like gold and bonds. It could be thought that as stock markets recover, and …Read full article » Middle East: Thursday, November 19 - 2009 @ 16:21
The drop in profits can also being attributed to lower demand for oil, while a loss in refinery activities did not help profitability.
ExxonMobil has not been the only oil major to report a significant drop …Read full article » Middle East: Monday, November 02 - 2009 @ 10:35
One of the factors for the strength of gold can be attributed to the weakness of the US dollar.
It appears that the dominance of the United States is waning, thus putting pressure on the …Read full article » Middle East: Thursday, October 22 - 2009 @ 12:12
On the back of the strong (industrial) commodity market (from copper to oil), world stock markets have gained since March.
Emerging markets were the leaders with impressive gains of nearly 100%.
In the past weeks, …Read full article » Middle East: Wednesday, September 09 - 2009 @ 10:50
ICE conducts its energy futures, including its oil benchmark contracts mentioned above, through its London-based futures exchange, ICE Futures Europe.
ICE introduced this contract in order to compete with the Read full article » Middle East: Monday, August 10 - 2009 @ 15:38