NAI Content by User

BP Ruling “Wakeup Call” as Risks Mount in Oil Search
Posted Fri, 2014-09-05 06:59NAI Editing
A U.S.



Iron Ore Slump No Bar to Supply as China Mines Shut
Posted Thu, 2014-09-04 10:42NAI Editing
The world’s biggest iron ore producers are targeting record shipments as lower output costs offset plunging prices and less competitive mines in China shut.



Crude Rebounds From multimonth lows on Economic Data and Russia, Ukraine Talks
Posted Wed, 2014-09-03 11:11NAI Editing
Crude oil prices climbed by more than $1 a barrel on both sides of the Atlantic on Wednesday as oil markets bounced off multimonth lows hit in the previous session, as the prospect of peace talks betw



Gold Fall to 2-Month Low on the First Day of September
Posted Tue, 2014-09-02 09:10NAI Editing
Gold fell to the lowest in more than two months in New York as a stronger dollar curbed demand for a protection of wealth on the first day of September.



Copper Price Could Follow Iron Ore over a Cliff
Posted Sat, 2014-08-30 19:16NAI Editing
The price of copper has been swinging wildly since hitting a near four-year low in March.



Gold-Price Indicator Fading as ETPs Tumble by $71 Billion
Posted Thu, 2014-08-28 04:38NAI Editing
Gold-backed funds that heralded record prices in 2011 and last year’s biggest sell-off in three decades are becoming less useful as market predictors.



WTI Falls as Cushing Crude Supply Rises a Fourth Week
Posted Wed, 2014-08-27 10:22NAI Editing
West Texas Intermediate fell after a government report showed that crude inventories at Cushing, Oklahoma, the delivery point for the contract, increased a fourth week.



Cost-cutting Fever Grips Oil Sands Players as Economics Called into Question
Posted Tue, 2014-08-26 09:23NAI Editing
Canadian oil companies are ruthlessly enforcing capital discipline as project costs creep up and shareholders pressure management to focus only on the most profitable ventures.



Speculators Lower Gold Bull Wagers on U.S. Rate Outlook
Posted Mon, 2014-08-25 09:42NAI Editing
Investors are exiting the gold market on speculation that signs of sustained U.S.



Gold M&A Pickup Boosts Prospects for Seabridge Project
Posted Fri, 2014-08-22 09:11NAI Editing
Seabridge Gold Inc.



Gold price: This Year September May Bring Fall
Posted Thu, 2014-08-21 10:00NAI Editing
On the Comex division of the New York Mercantile Exchange, gold futures for December delivery – the most active contract – came under heavy selling pressure losing more than $20 to $1,274, a two month



WTI Oil Rises First Time in 3 Days on Inventory Drawdown
Posted Wed, 2014-08-20 10:58NAI Editing
West Texas Intermediate crude rose for the first time in three days as U.S. inventories declined more than expected last week.



Part-Time Workers a Full-Time Headache on Yellen Radar
Posted Tue, 2014-08-19 10:31NAI Editing
Federal Reserve Chair Janet Yellen has a stubborn warning light blinking on her labor market dashboard: A group of Americans larger than Washington state’s population can find only part-time work.



A New Round of Restructuring May Start for Miners
Posted Mon, 2014-08-18 12:09NAI Editing
A proposed spinoff by BHP Billiton Ltd. (BHP) of about $15 billion in assets signals the start of a new round of disposals as the biggest mining companies adapt to the end of a boom for commodities.



Paulson Maintains Stake in Gold ETF, while Demand from Various Sources
Posted Fri, 2014-08-15 05:56NAI Editing
Billionaire hedge fund manager John Paulson stuck with his holding in the biggest exchange-traded product backed by gold as prices rose quietly on increasing demand for a haven.



Brent Falls Fourth Day in Five on Economy; WTI Oil Drops
Posted Thu, 2014-08-14 11:04NAI Editing
Brent oil dropped for the fourth time in five days as the euro bloc’s economic recovery stalled. West Texas Intermediate decreased after U.S. crude stockpiles increased last week for the first time since June. Futures fell as much as 1.7 percent in London. Euro-area gross domestic product in the three months through June was unchanged from the first quarter, according to Eurostat, the European Union’s statistics office in Luxembourg. Libya will reopen its largest oil export port within days, the National Oil Corp. said. U.S. crude supplies rose 1.4 million barrels, Energy Information Administration data showed yesterday. “There’s growing concern about the European economy and what that will mean for fuel demand,” said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. “There are ample supplies here and throughout the Atlantic basin, which is weighing on both Brent and WTI.” Brent for September settlement, which expires today, fell $1.65, or 1.6 percent, to $102.63 a barrel on the London-based ICE Futures Europe exchange at 10:12 a.m. New York time. The more-active October contract dropped $1.69, or 1.6 percent, to $103.37. The volume of all futures traded was 11 percent above the 100-day average for the time of day. Output from OPEC’s 12 members climbed 300,000 barrels a day in July to a five-month high of 30.44 million a day, as Saudi Arabia raised production. WTI fo



World Awash in Oil Shields Markets From 2008 Price Shock
Posted Wed, 2014-08-13 08:41NAI Editing
Fighting across Iraq, Libya, Ukraine and Gaza, and an accelerating economy, should mean higher oil prices. Yet crude is falling. Six years ago, oil soared to a record $147 a barre



Nickel's 56% Rally Spurs Mine Restarts Amid Ore Ban
Posted Tue, 2014-08-12 07:14NAI Editing
Indonesia’s ban on nickel ore exports is resonating globally as prices climb to the highest since 2012, prompting companies from Avebury Nickel Mines Ltd. to Poseidon Nickel Ltd.



Oil Exploration off Canada’s East Coast Attracting Worldwide Interest
Posted Mon, 2014-08-11 08:38NAI Editing
Oil exploration off Canada’s East Coast is reaching fever pitch as oil companies warm up to the potential beneath the frigid waters near Newfoundland and Labrador and the Maritimes.



Oil Jumped while Gold fluctuated as U.S. Authorises Air Strikes in Iraq
Posted Fri, 2014-08-08 06:08NAI Editing
Oil and gold jumped after U.S. President Barack Obama authorised targeted air strikes in Iraq, stoking fears of another drawn-out conflict in the region.