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HT:WHO blames cuts on global finances, weak dollar
  17 May 17:00
 
GENEVA — The head of the World Health Organization says it will have to make budget cuts because of less funding from wealthy donor nations and the U...
 
PAIV:ENERGY MARKETS REPORT INCLUDING: Libya’s top oil official, Shokri Ghanem, has stepped down from his post according to rebel finance and oil minister
  17 May 16:58
 
WTI crude futures traded in minor negative territory in early European trade as debt concerns surrounding peripheral Eurozone countries persisted, however moved back in positive territory later in the session as the USD-Index lost strength...
 
EW:Top Oil and Gas Refining and Marketing Stocks (SUN, WNR, HES, FTO) from BestofOTC.com
  17 May 16:57
 
Thursday\'s Stock News Alert from BestofOTC...
 
SG:4 Reasons Why Silver Will Continue to Deflate
  17 May 16:55
 
If you\'re on either side of the silver trade, you\'re wondering the same thing: Is this a bull market correction or the beginning of the reversion to the historical inflation adjusted mean ($10...
 
CN:Forex - NZD/USD down as euro debt fears sap risk appetite
  17 May 16:54
 
JOHANNESBURG, SOUTH AFRICA (Commodity Online): Amongst the most explosive commodities that are traded in the shadows of the strides of metals like gold and silver lies Iridium, a rare mineral used primarily for electrical purposes...
 
PL:Volatile silver prices put pressure on end-users: Moody's
  17 May 16:53
 
London (Platts)--17May2011/623 am EDT/1023 GMT

Recent elevated silver prices have pressured companies that make or purchase products with silver but will not boost mining companies\' credit ratings, according to a new report by Moody\'s Investor Service...
 
PAIV:Cluff Gold encouraged by drill results at Baomahun
  17 May 16:52
 
AIM and TSX-quoted Cluff Gold (LON:CLF, TSE: CFG) is “extremely encouraged” with the first results announced this morning from its drilling programme targeting the VTEM (versatile time domain electro-magnetic) anomalies at its Baomahun prospect in Sierra Leone...
 
BL:China goes for the gold
  17 May 16:50
 
From Cuban oil to Australian coal to Uzbek gas, hardly a week seems to go by without news of some sort of Chinese overseas resource deal being struck...
 
CN:Commodity traders worry about a third wave
  17 May 16:49
 
By Ole S...
 
BLBG: Canadian Dollar Drops to Lowest Since March as Commodities, Equities Fall
  16 May 21:25
 
Canada’s dollar fell to its weakest level since March versus its U...
 
RTRS: PRECIOUS-Gold seesaws between euro worries, dollar gains
  16 May 21:25
 
By Amanda Cooper
LONDON, May 16 (Reuters) - Gold steadied on Monday, as the
twin forces of deepening concern about the euro zone debt crisis
and the growing strength of the dollar offset each other, while
investors kept silver pinned near last week\'s 2-1/2 month lows...
 
BLBG: Natural Gas Advances as Decline in U.S. Drilling May Signal Reduced Output
  16 May 21:24
 
Natural gas futures gained for a third day in New York on speculation that production growth will slip as drilling declines...
 
RTRS: FOREX-Euro rallies from 7-week low, but gains seen limited
  16 May 21:21
 
By Gertrude Chavez-Dreyfuss

NEW YORK, May 16 (Reuters) - The euro rose from seven-week lows on Monday, boosted by Asian central bank buying after last week\'s sharp sell-off, but gains were seen limited as doubts grew a European Union meeting would offer clarity on euro zone debt aid...
 
BLBG: Pound Weakens Versus Euro as Traders Pare Back BOE Interest-Rate Wagers
  16 May 21:20
 
The British pound weakened against the euro as traders scaled back bets on when the Bank of England will raise borrowing costs...
 
MW: Gold futures ease after IMF chief’s arrest
  16 May 20:16
 
By Chris Oliver, MarketWatch
HONG KONG (MarketWatch) – Gold prices kicked off the week on a softer note Monday, as the dollar gained following news of the arrest of the head of the International Monetary Fund, Dominique Strauss-Kahn...
 
BLBG: http://www.bloomberg.com/news/2011-05-16/corn-advances-for-third-day-as-wet-weather-delays-planting-in-u-s-midwest.html
  16 May 19:51
 
Funds cut their bets on higher commodity prices by 15 percent in a week after the worst rout in two years, reducing positions in everything from copper to oil on mounting concern that global growth is slowing...
 
BLBG: Corn Advances Most in a Week as Weather Curbs Crop Prospects; Wheat Rises
  16 May 19:50
 
Corn rose the most in a week in Chicago and wheat gained on concern wet weather will delay planting in the U...
 
FX: Forex - EUR/USD hits fresh daily high as Strauss-Kahn concerns ease
  16 May 19:49
 
Forex Pros – The euro extended gains against the U...
 
MW: Oils, banks drive Europe stocks to broad losses
  16 May 19:47
 
IMF chief’s arrest casts shadow over ministerial meeting

By Barbara Kollmeyer, MarketWatch
MADRID (MarketWatch) — Oil stocks fell on commodity price declines Monday, while banks also pressured Europe, amid jitters about sovereign debt and with the arrest of the head of the International Monetary Fund casting a shadow over a key meeting of euro-zone finance ministers...
 
BLBG: Corn, Wheat, Soybeans Called to Open Higher as Wet Weather Delays Planting
  16 May 19:47
 
What follows are opening calls for U...
 
WSJ: PRECIOUS METALS: Euro Strength Boosts Gold, Silver
  16 May 19:46
 
By Tatyana Shumsky
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Gold futures held steady while silver prices slipped Monday as traders looked to currency markets for direction...
 
MW: Home builder index shows no improvement in May
  16 May 19:46
 
By Jeffry Bartash
WASHINGTON (MarketWatch) - An index that measures the confidence of home builders was unchanged in May, suggesting virtually no improvement in the moribund U...
 
MW: Gold gains as oil futures slip in early dealings
  16 May 19:46
 
By Myra P...
 
BLBG: Swiss Franc Rallies Before Finance Ministers Meet on Greece; Kiwi Weakens
  16 May 18:32
 
The Swiss franc appreciated against all 16 of its most-traded peers as investors sought the safest assets amid speculation a meeting of finance ministers will struggle to resolve the euro area’s debt crisis...
 
BLBG: Crude Declines on Concern Over Greek Bailout Talks, U.S. Economic Growth
  16 May 18:32
 
Oil dropped for the first time in three days before Greece asks for more aid from the European Union, and on speculation that a faltering U...
 
MW: Foreigners slow U.S. asset purchases in March
  16 May 18:31
 
By Greg Robb
WASHINGTON (MarketWatch) - Foreign investors bought a net $24...
 
MW: Bernanke backs government role in R&D
  16 May 18:31
 
By Steve Goldstein
WASHINGTON (MarketWatch) -- In a speech that didn\'t touch on monetary policy or the current state of the economy, Federal Reserve Chairman Ben Bernanke said more could be done to increase the number of U...
 
BLBG: Gold Coins Show Bull Market Unbowed on Brisk Sales in Commodities Decline
  16 May 18:25
 
Sales of gold coins are on track for the best month in a year amid the worst commodities rout since 2008, a sign that bullion’s longest bull market in nine decades has further to run, if history is a guide...
 
MW: Empire State index shows slower growth in May
  16 May 18:25
 
By Greg Robb
WASHINGTON (MarketWatch) - Manufacturing activity grew in the New York region in May at a slower pace than in April, according to the Empire State manufacturing survey released Monday by the New York Fed...
 
MY:econstructing Recent Successful Trades in Silver, Silver Options
  16 May 18:10
 
Last week silver was the focus of incredible price swings which left many licking their wounds and shaking their heads at the trading losses they had incurred...
 
GE:TSX heads for negative open, strong greenback pushes oil, metals lower
  16 May 18:10
 
TORONTO — The Toronto stock market headed for a lower open Monday as oil prices backed off amid demand worries and a stronger U...
 
CN:Base metals mixed, gold trades lower; oil weakens
  16 May 18:09
 
Euro Zone Consumer Price Index (CPIJ rose as expected by 2...
 
MW:Vital Metals: New CEO to Drive Gold and Tungsten Programs
  16 May 18:08
 
West African gold explorer and Queensland tungsten developer, Vital Metals Ltd (ASX: VML) is pleased to announce the appointment of Mark Strizek as the Company\'s Chief Executive Officer with effect from 18 July 2011...
 
BI:Oil market suffers fresh falls on strong dollar
  16 May 17:30
 
LONDON—Oil fell on Monday after the euro dived to a near seven-week low point against the US dollar over the eurozone debt crisis and after the arrest of IMF head Dominique Strauss Kahn, traders said...
 
ICZ:Gold falls
  16 May 17:28
 
Gold was undermined on Monday by the dollar\'s rise against the euro on uncertainty about aid for indebted euro zone countries, which also sparked some safe-haven buying of the precious metal...
 
SY:India gold steady; physical demand remains weak
  16 May 17:26
 
Here\'s why we think gold should be on every investor\'s mind...
 
ES:Gold rises, silver down
  16 May 17:25
 
Gold prices recovered, while silver moved down on Monday in New Delhi...
 
BW:Gold Coins Show Bull Market Unbowed in Commodities Decline
  16 May 17:22
 
May 16 (Bloomberg) -- Sales of gold coins are on track for the best month in a year amid the worst commodities rout since 2008, a sign that bullion’s longest bull market in nine decades has further to run, if history is a guide...
 
MW:US gasoline prices set to recede after near record
  16 May 17:22
 
By Ben Lefebvre
(This article was originally published Friday...
 
RTRS:Commodity price falls put pressure on FTSE 100
  16 May 17:20
 
SINGAPORE, May 16 (Reuters) - Values of Qatari condensate
strengthened in the Middle East crude market on Monday as a
perception of tighter supplies for July prompted buyers to match
increases in premiums recently posted by heavier grades...
 
NX:OPEC oil price continues to drop last week
  16 May 17:19
 
VIENNA, May 16 (Xinhua) -- The weekly average prices of the Organization of Petroleum Exporting Countries (OPEC) continued to drop last week, falling to 109...
 
BLBG:Asia Fuel Oil Losses Narrow; Naphtha, Gasoil Fall: Oil Products
  16 May 17:19
 
Asia naphtha fell for the third day...
 
BLBG: Wheat Gains for Third Day as Adverse Weather Threatens Harvests Worldwide
  16 May 16:30
 
The Dollar Index is approaching a level that may signal an end to the declining trend for the U...
 
ET:Gold steady; physical demand remains weak
  16 May 16:29
 
MUMBAI: Gold futures were treading water on Monday afternoon as the overseas market was steady amid a fall in the Indian rupee, and local demand was weak as buyers awaited a price fall, jewellers and analysts said...
 
CN:Forex : USD/JPY upside capped at 81.00 area
  16 May 16:27
 
FXstreet...
 
CN:Forex : USD/JPY upside capped at 81.00 area
  16 May 16:27
 
FXstreet...
 
WS:U.S. Dollar Rebound Puts Heat on Gold, Silver and Mining Stocks
  16 May 16:24
 
The US dollar has been reacting very bullish to the death of Osama bin Laden, the figurehead of Al Qaeda...
 
IBT:Greek tragedy weighing on gold price
  16 May 16:21
 
The gold price rose slightly in early trading today, though price consolidation remains the likely short-term trend for this market...
 
RI:Lies, Damned Lies & Silver Prices
  16 May 16:20
 
Silver prices just made a 3...
 
BLBG:Middle East Oils Gain as Higher Refining Profits Spur Demand
  16 May 16:14
 
Middle East oils for sale to Asia climbed to near their highest in three years as refining margins remained higher than last year, spurring demand for crude...
 
RN:Canadian Dollar Slides Against Most Majors
  16 May 16:11
 
(RTTNews) - The Canadian dollar slipped against the currencies of U...
 
SY:Gold prices recover
  16 May 16:10
 
Luke Burgess gold expert list 15 reasons you should buy gold...
 
BPL:Commodity Watch: A cool down or just a plateau?
  16 May 16:04
 
Posted on Monday, May 16 by Tim Burt in Global Sourcing, Risk Management | Post a Comment
After what was an astonishing few days in commodity markets some sense of normality has returned to markets with many commodity prices stabilising over the past week - even if it\'s only temporary...
 
FXS:Silver stalled its relentless advance and fell over $15 in two weeks
  16 May 16:02
 
The buying frenzy in the world silver market has finally found a top, at least in the near term...
 
LF:SPOT GOLD PER GRAM; SPOT SILVER PER KILO; CONTRACT GOLD AND SILVER PRICE OUNCE; 24 KARAT GOLD PRICE PER GRAM; INVEST
  16 May 16:00
 
Commodities have been on a roller coaster ride lately and the price of gold and silver have been up and down...
 
ET:Gold rises to Rs 22,265 on global cues, silver down by Rs 1,110
  16 May 16:00
 
NEW DELHI: Gold prices recovered by Rs 25 to Rs 22,265 per 10 grams today on a firming global trend, while silver moved down by Rs 1,110 to Rs 53,300 per kg, due to reduced offtake at existing high levels...
 
EX:Australian Dollar outlook bearish say BarCap
  16 May 15:58
 
The Pound to Australian Dollar exchange rate is 0...
 
FXS:On Friday, crude was trading in a similar fashion
  16 May 15:57
 
Crude
On Friday, crude was trading in a similar fashion as during previous session and stayed range-bound between 112 USD per barrel (USD/bbl) and 115 USD/bbl...
 
ET:16 MAY, 2011, 02.45PM IST,REUTERS
  16 May 15:05
 
MUMBAI: The Indian rupee slid to its lowest in more than 8 weeks on Monday as weakness in domestic shares as well as the euro dampened sentiment for the local unit...
 
CN:Silver plunges on global cues
  16 May 15:03
 
The week gone by silver could not sustain the early gains and plunged 0...
 
ET:Experts' call on oil marketing companies
  16 May 15:02
 
earish on OMCs: Rajat Bose

What is your take on oil marketing companies such as BPCL and HPCL?

If you look at HPCL, this is one of the two strongest oil marketing companies...
 
FXS:Last Friday, the euro retreated to a six week low against the dollar
  16 May 15:01
 
Market Commentary
Spotlight of the Week

Euro: Last Friday, the euro retreated to a six week low against the dollar as persistent concerns over the sovereign debt crisis caused the common currency to come under pressure...
 
AJC:Oil falls near $98 as traders eye US crude demand
  16 May 14:59
 
SINGAPORE — Oil prices fell to near $98 a barrel Monday in Asia amid investor concern soaring U...
 
RTRS:Energy stocks drag FTSE down as oil wanes, miners rise
  16 May 14:57
 
(Reuters) - Britain\'s top share index was lower on Monday as sentiment remained fragile with falling energy stocks outpacing slight gains for miners, as analysts urged investors to take advantage of the recent sector sell-off...
 
TC:GAS PRICES
  16 May 14:56
 
MOTORISTS don’t understand the first thing about gas prices — except that they climb more often, and faster, than they fall, and that the pump price seems increasingly decoupled from the price of crude...
 
RTRS:Russia's June oil export duty to hit 3 year-high
  16 May 14:51
 
Mon May 16, 2011 4:15am EDT
* June crude export duty may rise 1...
 
MW:FTSE edges down; Autonomy rises sharply
  16 May 14:50
 
By Simon Kennedy, MarketWatch
LONDON (MarketWatch) — British stocks edged lower Monday, as most sectors traded in the red following the arrest of the head of the International Monetary Fund, though gains for software company Autonomy Corp...
 
BL:Large scale acquisitions in base metals and gold witnessed a whopping increase of 260% in 2010
  16 May 14:48
 
Balkan Business News Correspondent - 16...
 
PAIV:Newspaper Briefing including Google set for Windows fight with Chrome OS - The Times
  16 May 14:48
 
The LSE’s lowest cost gold miner Medusa Mining (LON:MML, ASX:MML, TSE:MLL) reminded investors of the potential in its copper portfolio this morning...
 
BP:CPO to buy or sell? Shifting risk in CPO business through hedging latest!
  16 May 14:46
 
by Justin Yap...
 
BLBG: Gold Rises for Third Day as Europe Debt Concern Fuels Demand; Silver Gains
  16 May 14:45
 
The Swiss franc appreciated against all 16 of its most-traded peers, and the euro pared advances versus the dollar and the yen...
 
BLBG:Billionaire Rao’s Lanco to Borrow $5.6 Billion to Add India Power Capacity
  16 May 14:43
 
Lanco Infratech Ltd...
 
BLBG:Crude Declines on Concern Over Greek Bailout Talks, U.S. Economic Growth
  16 May 14:43
 
Oil dropped for the first day in three before Greece asks for more aid from the European Union, and on speculation that a faltering U...
 
BLBG:Corn Advances for Third Day as Wet Weather Delays Planting in U.S. Midwest
  16 May 14:42
 
Corn climbed for a third day on concern that wet weather will delay planting in the U...
 
RTRS:Chinese investors aim for majority in Gold One
  16 May 13:48
 
JOHANNESBURG (Reuters) - A Chinese consortium has taken steps to take a majority stake in Australia and South Africa-listed Gold One International, the latest drive from investors in the Asian giant into African resources...
 
WSJ:European Stocks Open Lower
  16 May 12:59
 
LONDON—European stocks opened lower Monday after disappointing earnings dragged Asian indexes lower and concerns mounted over Greece\'s debt crisis following the arrest of the head of the International Monetary Fund over the weekend...
 
CN:Forex - NZD/USD down as euro debt fears sap risk appetite
  16 May 12:58
 
Forex Pros - The New Zealand dollar fell to a seven-day low against its U...
 
ET:Swiss franc down vs dollar on broad greenback rally
  16 May 12:58
 
ZURICH: The Swiss franc fell to its lowest level in almost a month against the dollar on Monday on a broad greenback rally fuelled by renewed concern over aid for Greece and other indebted euro zone countries...
 
RN:Australian Dollar Strengthens Against Most Majors
  16 May 12:55
 
(RTTNews) - The Australian dollar erased some of its previous session\'s losses against the currencies of the U...
 
SP:Battle intensifies over oil bills
  16 May 12:54
 
WASHINGTON — Louisiana Rep...
 
JG:Sell Fort Knox’s gold, some say
  16 May 12:53
 
Asset sale urged to counter debt

Joel Achenbach | Washington Post
With the United States poised to slam into its debt limit today, conservative economists are eyeballing all that gold in Fort Knox...
 
RTRS:PRECIOUS-Gold, silver becalmed as U.S. inflation data looms
  16 May 12:51
 
(Reuters) - Oil and gold edged lower as a firm dollar took the shine off most commodities on Monday, while uncertainty about the global economy limited any buying interest despite two of the sharpest sell-offs since the 2008 crisis in the past two weeks...
 
BLBG:Euro Falls Versus Dollar, Yen Before Ministers Meet on Greece
  16 May 11:47
 
The euro fell to a seven-week low against the dollar on concern European finance ministers meeting today and tomorrow will fail to quell speculation Greece will have to restructure its debt...
 
BLBG:India’s Biggest Increase in Gasoline Prices Since 2008 May Fuel Inflation
  16 May 11:46
 
India’s move to increase gasoline prices by the most in three years may accelerate what is already the fastest inflation rate among Asia’s major economies, damping demand for the nation’s assets...
 
BLBG:Saudi Aramco Plans to Double Power Supply, Conserve Energy to Save Crude
  16 May 11:45
 
Saudi Aramco, the world’s largest state-owned oil company, plans to double its power-generating capacity to 4,000 megawatts by 2015 to supply all the electricity it expects to need to produce crude and natural gas...
 
BLBG:Gold-Coin Sales Reaching One-Year High Signal No End to Rally in History
  16 May 11:45
 
Sales of gold coins are on track for the best month in a year amid the worst commodities rout since 2008, a sign that bullion’s longest bull market in nine decades has further to run, if history is a guide...
 
BLBG:Oil Drops on U.S. Economy, Greece; BofA’s Blanch Sees Demand Destruction
  16 May 11:41
 
Oil dropped for the first day in three in New York after President Barack Obama said failure to raise the U...
 
PAIV:FTSE 100 seen lower after oil and metal prices fall
  16 May 11:40
 
The FTSE 100 is expected to fall 22 points (0...
 
SG:Citic Group Agrees to Buy Gold One for South Africa Assets
  16 May 11:39
 
(Updates to add Gold One comment in third paragraph...
 
PAIV:Rubianna Resources identifies broad zones of elevated gold anomalism at Murchison
  16 May 11:38
 
Rubianna Resources (ASX: RRE) has identified large zones of gold anomalies from reconnaissance drilling at the Murchison Project, giving the company confidence to plan a follow-up drill program to see whether specific targets can be developed...
 
TC:Investing in gold: Play it smart and make some money
  16 May 11:37
 
The US Dollar Index very recently tested a low of 70...
 
MW:Gold One agrees to takeover offer from China group
  16 May 11:35
 
(Recasts the first paragraph, adds background on the deal in the 2nd paragraph, recommended cash offer in the 3rd paragraph, stock price in the 4th paragraph, comments from Baiyin\'s chairman in the 6th paragraph, comments from Gold One\'s chief executive in the 9th paragraph...
 
BLBG:India’s Rupee Falls as Europe Debt Concern Boosts Dollar Demand
  16 May 11:33
 
India’s rupee dropped to an eight- week low as concern Europe’s debt crisis will worsen bolstered demand for the dollar...
 
BL:Rupee weakens against dollar
  16 May 11:32
 
MUMBAI, MAY 16:
The rupee weakened by 21 paise to trade at nearly an 8-week low of Rs 45...
 
SY:Rupee at 8-wk-low on weak shares, euro; inflation eyed
  16 May 11:30
 
The rupee slid to its lowest in 8 weeks on Monday as weakness in domestic shares as well as the euro dampened sentiment for the local unit...
 
CN:Oil falls to below $99 as US dollar rallies
  16 May 11:28
 
AP) SINGAPORE (AP) — Oil prices fell below $99 a barrel Monday in Asia as crude became more expensive for investors with other currencies amid a U...
 
SS:Fuel prices expected to drop this summer
  16 May 11:26
 
A drop in crude oil prices this month may help ease the pain drivers are feeling at the pump...
 
ZA:Gasoline Exports at $5m
  16 May 11:25
 
About 6,100 tons of gasoline and 7,000 tons of wheat were exported from March 21-April 20, announced head of Iran\'s Customs Administration...
 
BD:Exchange rate, oil price give Petrobras record profit
  16 May 11:24
 
BRAZILIAN state-led oil company Petrobras said on Friday its first- quarter profit hit a record high, rising 42% from a year earlier on exchange rate fluctuations, investment earnings and higher oil prices...
 
SG:India's Move to Increase Gasoline Prices May Stoke Inflation
  16 May 11:23
 
May 16 (Bloomberg) -- India\'s move to increase gasoline prices by the most in three years may accelerate what is already the fastest inflation rate among Asia\'s major economies, damping demand for the nation\'s assets...
 
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