Commodities

Oil surges over 3 percent on Gaza conflict - Reuters - Sun 04 Jan, 11:51 PM
SINGAPORE (Reuters) - Oil jumped more than 3 percent on Monday after an Iranian military commander reportedly called for an oil boycott over Israel's ground offensive in the Gaza Strip and on concerns over the deepening Russian gas supply row.

Oil surges over 3 percent on Gaza, gas row - Reuters - Sun 04 Jan, 11:23 PM
SINGAPORE (Reuters) - Oil prices jumped more than 3 percent in opening trade on Monday, rising for a third day after Israel launched a ground offensive in the Gaza Strip at the weekend and on concerns over a deepening Russian gas supply row.

The Australian economy faces a tough time in 2009 as slowing global growth forces commodity export prices down - AFP - Sun 04 Jan, 04:10 AM
Darling Harbour near Sydney. Lucrative Australian exports such as iron ore, copper and coal face a tough year as slowing global growth and sluggish demand are set to force resource prices down from once-extravagant highs, analysts have said.

Shipping containers in Sydney, Australia where lucrative commodity exports face a tough year as global growth slows - AFP - Sun 04 Jan, 04:10 AM
A fork lift truck moves shipping containers on a wharf at Darling Harbour in Sydney. Lucrative Australian exports such as iron ore, copper and coal face a tough year as slowing global growth and sluggish demand are set to force resource prices down from once-extravagant highs, analysts have said.

Lucrative Australian exports such as iron ore and coal face a tough year as slowing global growth impacts on exports - AFP - Sun 04 Jan, 04:10 AM
A huge truck, used to move mined minerals, at BHP Billiton's operations in the Pilbara region of West Australia. Lucrative Australian exports such as iron ore, copper and coal face a tough year as slowing global growth and sluggish demand are set to force resource prices down from once-extravagant highs, analysts have said.

Russia oil output falls for first time in a decade - Reuters - Sat 03 Jan, 04:39 PM
MOSCOW (Reuters) - Russian oil production fell by around one percent in 2008, official data showed on Friday, the country's first annual decline in a decade after large increases in previous years and a sign of things to come.

An oil platform off the coast of Angola - AFP - Fri 02 Jan, 09:46 PM
An oil platform off the coast of Angola. Crude oil prices rebounded strongly on Friday in volatile trade, after earlier losing about 2.5 dollars on profit-taking, as traders fretted over ongoing unrest in the key oil-producing Middle East.

Oil up 4 percent on Mideast and Russia tensions - Reuters - Fri 02 Jan, 09:01 PM
NEW YORK (Reuters) - Oil prices jumped 4 percent Friday amid rising tensions in the Middle East and a dispute between Russia and Ukraine over natural gas supplies that spawned worries over fuel availability in Europe.

Oil up over 3 percent on Mideast and Russia tensions - Reuters - Fri 02 Jan, 06:52 PM
NEW YORK (Reuters) - Oil prices jumped more than 3 percent Friday amid rising tensions in the Middle East and a dispute between Russia and Ukraine over natural gas supplies that spawned worries over fuel availability in Europe.

Gold slips 1 percent as dollar firms and oil slides 02:23 PM [ Reuters]
Prices soared in the first half of the year on fears of supply disruptions 12:52 PM [ AFP ]
Gold down 1 pct after strong start in 2009 08:18 AM [ Reuters]
Oil falls more than $3 after late end '08 surge 07:31 AM [ Reuters]
Gold pares early gains after strong start in 2009 04:48 AM [ Reuters]

Barclays stands by $76 oil price forecast for 2009 02:16 AM [ Reuters]
A Kuwaiti trader follows market movements at the oil-rich state's Stock Exchange 08:59 PM [ AFP ]
A service station in Beijing 08:59 PM [ AFP ]
Oil prices were falling at the end of a crazy year for the markets 04:26 PM [ AFP ]
The global economic downturn pulled prices sharply lower 04:26 PM [ AFP ]

Oil firms are eager to get their hands on Iraq's enormous oil wealth 02:39 PM [ AFP ]
Oil prices ended the year on a calm note, after a tumultuous 2008 that saw prices hit record peaks and multi-year lows 07:19 AM [ AFP ]
Oil heads for worst year ever 03:03 AM [ Reuters]
Oil prices ended the year on a calm note Wednesday, slightly lower after a tumultuous 2008 02:55 AM [ AFP ]
Petrol pumps 08:50 PM [ AFP ]

An oil platform (pictured in 2007) off the coast of Angola 08:50 PM [ AFP ]
Oil prices fell slightly 12:53 PM [ AFP ]
A sharp global downturn has slashed world demand for energy 12:53 PM [ AFP ]
Oil prices rose sharply to above 41 dollars 12:51 PM [ AFP ]
Oil falls below $40 on grim economic outlook 12:04 PM [ Reuters]

Palestinian children greet a fuel truck in the Gaza Strip where conflict has helped push oil prices higher 05:11 AM [ AFP ]
Oil prices in Asian trade are trading higher as Israel entered the fourth day of its military campaign against Hamas 05:11 AM [ AFP ]
An oil worker at a facility in Kuwait where the government has cancelled a US$7.5 billion deal with Dow Chemical 04:40 AM [ AFP ]
Oil said to back near $100 by 2010-2015 02:17 AM [ Reuters]
China Jan-Nov gold output 246.51 tons, up 2.14 pct - ministry 01:45 AM [ AFX ]

Oil prices briefly soared above 40 dollars a barrel Monday on rising unrest in the Middle East 09:10 PM [ AFP ]
Oil rises above $40 on Israeli attacks and dollar 01:49 PM [ Reuters]
Brent North Sea crude for delivery in February jumped 2.91 dollars to 41.28 dollars a barrel 12:01 PM [ AFP ]
Brent North Sea crude for delivery in February soared 3.53 dollars to 41.90 dollars a barrel 10:24 AM [ AFP ]
Oil rises above $40 on Israel-Hamas violence 10:12 AM [ Reuters]

An oil and gas platform off the coast of Nigeria which, along with other OPEC member states, has begun cutting output 07:28 AM [ AFP ]
Oil prices have risen in Asian trade on evidence that OPEC members have begun complying with agreed output cuts 07:28 AM [ AFP ]
China is set to produce a total of 189 million tonnes of crude oil in 2008, an increase of 1.6 percent over last year 03:48 AM [ AFP ]
Oil rises above $36 03:55 PM [ Reuters]
Prices for Russia's main export oil has plunged 02:06 PM [ AFP ]

A worker stacks empty oil drums at a yard in Tangshan City 05:45 PM [ AFP ]
Vietnam's 2008 average inflation at 22.97 pct-govt 02:20 AM [ AFX ]
Oil rigs extract petroleum in the Los Angeles area community of Culver City 08:01 PM [ AFP ]
Oil falls 9 percent on economic gloom 07:44 PM [ Reuters]
GLOBAL MARKETS-U.S. stocks close higher; oil skids 9 pct 07:22 PM [ AFX ]

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