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OPEC Oil Output down 340,000 b/d to 32.47 million b/d in September 2008

added: 13-10-2008

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.47 million barrels per day (b/d) of crude oil in September, a Platts survey of OPEC and oil industry officials showed today. This is down 340,000 barrels per day from August and reflects output declines in Saudi Arabia, Iraq and Angola.

Lower Demand and Falling Oil Prices Unlikely to Prompt OPEC Action

added: 07-10-2008

The Abraham Energy Report issued a special report to subscribers providing analysis on falling oil prices which dropped below $88 a barrel on Monday.

Value of Some Commodities Has Quadrupled in Just Two Years

added: 02-10-2008

A report by Atradius, a leading global trade credit insurer, has found that manufacturers are bracing themselves for further price hikes in raw materials as vital commodities such as tin and copper suddenly become as highly prized as gold.

Commodities Markets: Watch Pilgrim's Pride

added: 29-09-2008

Suddenly, the gyrations of commodity markets and the price of oil no longer seem so dramatic, or headline grabbing. But there's one commodity-related event last week that sums up the conjunction of the still spreading impact of those record prices for oil, grains and other products earlier in the year, the credit crunch and now the lending freeze.

Aluminum Will Be Soon Most Demnand Metal In China

added: 29-09-2008

China's third generation online business-to-business (B2B) platform Tootoo.com reports that power shortage in China will lead to a surge in demand for aluminum.

Investors Need to Be Selective in Commodity Investments until Economy Recovers

added: 26-09-2008

Investors will need to be highly selective in their allocations to commodities until the global economy recovers, which is expected to occur by 2010, according to a forthcoming white paper from The Boston Company Asset Management, an investment boutique within BNY Mellon Asset Management.

Mountain Farming: MEPs Call for Special Strategy

added: 24-09-2008

Farming in mountainous areas is practised in difficult conditions but plays a key role in preserving the environment and biodiversity. It therefore requires a special strategy, says an own-initiative report adopted by Parliament. Agriculture in upland areas, which are home to nearly 20% of Europe's population, currently faces high production costs as well as transport and communication problems.

Australia: Resources Boom Slows

added: 23-09-2008

The slowdown underway in the resources boom is illustrated from the latest commodity forecasts from ABARE, the Australian Bureau of Agricultural and Resource Economics.

Commodities: US Government Help For Easing Trading Strains

added: 22-09-2008

Very quietly compared to all the noise about the big bailout proposal from the US Government and the other move for the Fed to offer a lifeline to struggling mutual cash management funds, new steps to relieve distressed commodities markets were launched Friday by US regulators after Lehman and AIG woes triggered a wave of selling and emergency actions by exchanges earlier in the week.

Asia: High Oil Prices will Temper Growth

added: 17-09-2008

Developing Asia will face a prolonged period of high and volatile oil prices that will temper growth and force governments around the region to make painful adjustments to policy to encourage increased energy efficiency among consumers, the Asian Development Bank (ADB) says in a new major report.

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