Thu, May 17, 2012, 7:24 AM NZST - New Zealand Markets open in 2 hrs 6 mins

Basic Materials

  • Montana officials said Wednesday that they are investigating several sites with suspected oil left over from an Exxon Mobil Corp. pipeline break last year, but recent testing shows one such site just downstream ...

  • Oil price still falling as supplies grow AP - 2 hours 48 minutes ago

    The price of oil continues to decline as supplies grow in the U.S.Benchmark U.S. crude on Wednesday fell by 57 cents to $93.41 per barrel in New York. It dipped to a seven-month low of $91.81 earlier and ...

  • The price of oil continues to decline as supplies grow in the U.S.Benchmark U.S. crude on Wednesday fell by $1 to $92.98 per barrel in New York. It dipped to a seven-month low of $91.81 earlier and is ...

  • Guest Commentary: Gold & Silver Daily Outlook 05.16.2012

  • Gas prices in West Virginia are down nearly 6 cents per gallon over the past week.AAA East Central says the average price for a gallon of regular, unleaded gasoline in the state is $3.71. That's about ...

  • The government of Guyana plans to open offices in the country's interior to cut down on gold smuggling and ensure miners' safety.Natural Resources Minister Robert Persaud says offices will open in the ...

  • The nation's crude oil supplies rose last week, the government said Wednesday.Crude supplies grew by 2.1 million barrels, or 0.6 percent, to 381.6 million barrels, which is 3.1 percent above year-ago levels, ...

  • Shares of some top silver companies are up at 10 a.m.:Hecla Mining Co. rose $.17 or 4.5 percent, to $3.91.Pan American Silver Corp. rose $.96 or 6.4 percent, to $16.04.Silver Standard Resources Inc. rose ...

  • Shares of some top oil companies are up at 10 a.m.:BP PLC rose $.42 or 1.1 percent, to $38.60.Chevron rose $1.62 or 1.6 percent, to $101.62.ConocoPhillips rose $.29 or .6 percent, to $52.82.Exxon Mobil ...

  • Shares of some top gold companies are up at 10 a.m.:Barrick Gold Corp. rose $.93 or 2.7 percent, to $35.92.Gold Fields rose $.32 or 2.7 percent, to $12.07.GoldCorp. rose $.57 or 1.8 percent, to $33.11.Newmont ...

  • It's just "another entity of trade".

  • Israeli company writes off stake in Egyptian gas

    An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian natural gas to Israel before Egypt terminated the exports.Ampal-American Israel Corp. said this week ...

  • The Energy Department is expected to report on Wednesday that the nation's crude oil supplies grew by 1.5 million barrels in the week ended May 11, according to a survey of analysts by Platts, the energy ...

  • Shale gas faces hurdles in Oz: report

    Shale gas might be booming in the United States but it faces many hurdles before it can be commercially viable in Australia.Industry consultants KPMG said extracting shale gas was currently too expensive ...

  • Oil prices dropped to fresh six-month lows near $92 a barrel Wednesday in Asia after a report showed U.S. crude supplies surged more than expected last week.Benchmark oil for June delivery was down $1.84 ...

  • Oil prices fell to fresh six-month lows below $93 a barrel Wednesday in Asia after a report showed U.S. crude supplies surged more than expected last week.Benchmark oil for June delivery was down $1.22 ...

  • North Dakota has passed Alaska to become the second-leading oil-producing state in the nation, trailing only Texas, state officials said Tuesday.North Dakota oil drillers pumped 17.8 million barrels in ...

  • Gold Has Plenty of Room Below December Low

  • Shares of some top silver companies were down at the close of trading:Hecla Mining Co. fell $.17 or 4.3 percent, to $3.74.Pan American Silver Corp. fell $.84 or 5.3 percent, to $15.08.Silver Standard Resources ...

  • Final Glance: Oil companies AP - 21 hours ago

    Shares of some top oil companies were down at the close of trading:BP PLC fell $.68 or 1.7 percent, to $38.18.Chevron fell $1.04 or 1.0 percent, to $100.90.ConocoPhillips fell $.40 or .8 percent, to $52.53.Exxon ...

  • Shares of some top gold companies were down at the close of trading:Barrick Gold Corp. fell $1.54 or 4.2 percent, to $34.99.Gold Fields fell $.50 or 4.1 percent, to $11.75.GoldCorp. fell $.98 or 2.9 percent, ...

  • The price of oil dropped to a six-month low Tuesday on concern that economic uncertainty in Europe could hurt demand for crude.Benchmark West Texas Intermediate crude fell 80 cents to end the day at $93.98 ...

  • RELIEF AT THE PUMP: Americans are seeing some relief from higher gas prices. Consumer prices were flat in April, largely because of lower gas costs.RETAIL SALES TICK UP: Cheaper gas may be combining with ...

  • Americans spending a bit more as gas prices fall

    Americans are starting to see some relief from higher gas prices, a change that could revive the economy in the months ahead.Consumer prices were flat in April, largely because of a decline in gas prices. ...

  • Crest Minerals Ltd. To be advised InvestSMART - 23 hours ago

    The Company is a speculative exploration and prospecting company which has entered into several agreements to acquire the right to earn into interests in certain tenements located in the Eastern Goldfields ...

  • Federation Metals NL To be advised InvestSMART - 23 hours ago

    Federation Metals has a portfolio of gold, copper, potash and fluorite exploration projects in Western Australia and Victoria. The projects are situated in favourable locations and have potential to host ...

  • Gossan Hill Gold Limited 21 May 2012 InvestSMART - 23 hours ago

    Gossan Hill Gold was incorporated to provide a gold-focused entity to fund and develop several gold exploration prospects, including those formerly held by Carbine Tungsten Limited. The Company plans to ...

  • A1 Consolidated Gold Limited 31 May 2012 InvestSMART - 23 hours ago

    A1 Consolidated Gold has secured a portfolio of Gold exploration projects, including the A1 Gold Project which is located 120km north east of Melbourne, Victoria. The Board of Directors have a wealth of ...

  • Red Cat Minerals Limited 29 Jun 2012 InvestSMART - 23 hours ago

    Red Cat is a Madagascar focused junior gold explorer building a portfolio of exploration permits covering 369.9 square kilometres of ground in Madagascar, with options to include further areas covering ...

  • Key currency exchange rates Tuesday, compared with late Monday in New York:

  • Crude futures settle below $94 a barrel, as traders weigh the prospects for oil demand against a backdrop of political concerns in Greece and fresh economic data from the U.S. and Germany.

  • Cheaper oil foils energy stocks; Chesapeake off MarketWatch - Wed, May 16, 2012 6:37 AM NZST

    Energy stocks pile on bigger losses than the broad equities market as crude oil prices drop below $94 a barrel for the first time since the fall of 2011, while Chesapeake Energy Corp. shares stumble.

  • A Big Anniversary For The Oil Industry Business Insider - Wed, May 16, 2012 5:40 AM NZST

    And other milestones on May 15.

  • Fla. county approves changes after oil spill fraud AP - Wed, May 16, 2012 5:30 AM NZST

    Amid a criminal investigation into the alleged misuse of funds paid by BP after the 2010 Gulf oil spill, a Florida Panhandle county made big changes Tuesday in the way it oversees spending for promotion ...

  • Cheaper gas not enough to boost summer driving AP - Wed, May 16, 2012 5:28 AM NZST
    Cheaper gas not enough to boost summer driving

    Nearly 35 million people are expected to take at least a short trip during the Memorial Day weekend. That's an improvement from 2011, but still below pre-recession levels.Here's the number of people who ...

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