Monthly Archives: January, 2011
Crude oil, gasoline, heating oil go to Egypt Unrest: Oil Product
Crude oil and heating oil advanced to 27 months and highlights the unrest in Egypt, added to concerns that supplies will be disrupted and a winter storm swept the nation. Advanced gasoline and ethanol. “This is very Egyptian,” said Stephen Schork, president of Schork Group Inc. in Villanova, Pennsylvania, who said a shutdown of the [...]
Crude gains in Egypt, reversing earlier losses: Persian Gulf
Crude oil recovered, gaining more than 4 percent on Jan. 28, it is feared that the unrest in Egypt could spread to other regional producers. Prices recovered earlier losses last week, after Saudi Arabian Oil Minister Ali al-Naimi said OPEC members, supplies and boost demand rises. Egypt Suez Canal remained open to shipping, with no [...]
Turmoil hits Egypt stocks, oil still in focus
Global shares continue to slide on Monday, while the European benchmark Brent crude oil was just under $ 100 a barrel on fears of political unrest in Egypt to spread among the regional oil-producing countries. Protests of the 30-year rule of President Hosni Mubarak late on the weekend, increased risk aversion for European investors already [...]
Future Oil: Crude Steady As protests Egypt
NEW YORK (Dow Jones) – Oil prices were steady Monday as turmoil in Egypt showed no signs of easing and focused on activities in the Suez Canal, an important global energy hub. Light, sweet crude for March delivery fell 2 cents to $ 89.32 a barrel on the New York Mercantile Exchange. Brent crude on [...]
Gold Standard Mining Corp. to Boost Production in 2011
Standard Gold Mining Corp. is a publicly traded Nevada company whose common shares are traded on the OTC Bulletin Board. Their operating subsidiary, Gold Standard of Wyoming, owns 100 percent of the equity in RossZoloto, which operates a producing gold mine in the Russian Far East near the Sino-Russian border. Standard Gold Mining’s mission is [...]
Today Gold, silver, copper and platinum Price trend higher
Gold for February contract was recently at lower levels not seen in a few months. The outlook for gold bullion and safe haven assets is still optimistic today and final results support this thinking. Generally negative interest rate environment will continue to enforce a safe haven appeal throughout 2011. Gold for February contract was trending [...]
Future Oil: Crude Rebounds as fuel oil, gasoline Jump
NEW YORK – Crude oil futures bounced higher Wednesday after settling six straight sessions of losses on a rise in prices for heating oil and gasoline. Light, sweet crude for March delivery settled $ 1.14, or 1.3%, higher at $ 87.33 a barrel on the New York Mercantile Exchange. Brent crude on the ICE Futures [...]
