Commodities & Metals
Commodities & Metals Articles
ThinkstockOne more reason that gold prices should be falling is data on the demand for gold that dropped 12% in the second quarter, compared with the same quarter last year. However, demand for...
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ThinkstockThe world of gold and silver has been turned upside down. The market fears that Ben Bernanke’s quantitative easing under the Federal Reserve will end sooner rather than later, and that...
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ThinkstockFirst Majestic Silver Corp. (NYSE: AG) reported second-quarter 2013 earnings before markets opened this morning. The Canada-based silver miner posted adjusted earnings per share (EPS) of...
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ThinkstockA year ago, corn sold for around $8.30 a bushel. Last Friday it closed at $4.65 a bushel and is trading down about 5% this morning at around $4.63 a bushel. And the trouble for farmers...
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ThinkstockThe U.S. Commodities Futures Trading Commission (CFTC) has subpoenaed documents and other communications and records going back to 2010 from a metals warehousing firm. Reuters reports...
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ThinkstockJames River Coal Co. (NASDAQ: JRCC) reported second-quarter 2013 results before markets opened this morning. The coal miner’s diluted earnings per share (EPS) of $1.16 on revenues of...
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ThinkstockThe International Energy Agency (IEA) today lowered its oil demand growth forecast from 930,000 barrels a day in 2013 to 900,000 barrels a day and cut demand growth for 2014 from its...
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ThinkstockMolycorp Inc. (NYSE: MCP) reported second-quarter 2013 results after markets closed today. The rare earths miner posted an adjusted diluted loss of $0.36 per share on revenues of $136.9...
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thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 96 billion cubic feet last week, compared with an expected build of between 74...
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ThinkstockConocoPhillips (NYSE: COP) plans to shed about $13.5 billion in what the company calls non-strategic assets during 2013. It got $750 million closer today. Conoco has sold all of its lease...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.3 million barrels last week,...
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ThinkstockFor the second time in as many weeks, key commodities companies have been slapped with lawsuits alleging that the two banks boosted aluminum prices by manipulating warehouse stockpiles....
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ThinkstockSandRidge Energy Inc. (NYSE: SD) reported second-quarter 2013 results before markets opened this morning. The independent oil and gas company posted adjusted diluted earnings per share...
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ThinkstockThe U.S. Environmental Protection Agency (EPA) today issued a final rule for the amount of renewable fuels to be added to the nation’s transportation fuel supply in 2013. Oil refiners,...
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ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude...
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