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  • Lower oil prices and rising earnings have meant that shoppers feel they have more cash left over with which to treat themselves

  • The London Metal Exchange (LME) Asia festivities have just wrapped up in Hong Kong. It is the third such annual event since the LME was bought by Hong Kong Exchanges and Clearing (HKEx (HKSE: 0388-OL.HK - news) ) in 2012 and each year, it seems, the Asian gathering of the metals industry gets larger. The grand old London …

  • VEGOILS-Market factors to watch May 25 Reuters - 1 hour 25 minutes ago

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures fell on Friday and hit their lowest level in 3 weeks, ...

  • Nigerian cellphone provider needs fuel to prevent shut-down

    Nigeria's leading cellphone provider said Sunday it urgently needs diesel to prevent shutting down services countrywide — the latest business hit by a months-long fuel crisis in Africa's biggest oil producer. ...

  • Algeria's state energy firm Sonatrach has picked a new chief executive to replace an interim head appointed less than a year ago and has also replaced more than 20 other managers in a major shake-up, two industry sources said on Sunday. Amine Mazouzi, a younger-generation manager in Sonatrach's production development department, …

  • For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. Getting that commitment involved a two-year campaign during which they staged a "marriage" between the 900-year-old university and "Big …

  • Funds feel heat of coal and tar divestment drive Reuters - UK Focus - 14 hours ago

    For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. Getting that commitment involved a two-year campaign during which they staged a "marriage" between the 900-year-old university and "Big …

  • Norwegian gas system operator Gassco revised the details of an unplanned outage at Kvitebjørn on Sunday, modifying its size. Norway, Europe's second biggest gas supplier is currently exporting gas at a ...

  • Iranian Oil Minister Zanganeh talks to journalists as he arrives at his hotel ahead of an OPEC meeting in Vienna

    OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said on Sunday, according to the semi-official Mehr news agency. "Lowering OPEC's production ceiling requires consensus between all members ... under current conditions it seems unlikely that the OPEC production …

  • War pushes South Sudan's economy to the brink

    File picture shows spent munitions lying on the ground at an abandoned oil treatment facility at Thar Jath in Unity State, South Sudan

  • Gold bracelets are on display as a woman makes choices at a jewellery showroom in Kolkata

    Fewer auspicious days later this year compelled Ramesh Phalke, an auto company employee in Maharashtra, to hold his daughter's wedding in May. This bride was lucky because many other weddings will likely be postponed - to the dismay of the country's jewellers. Gold is an essential part of the bride's dowry in India and …

  • Man joins woman chained to Shell ship north of Seattle Associated Press - Sat, May 23, 2015 21:23 BST

    A second person has chained himself to a support ship that is part of Royal Dutch Shell's exploratory oil drilling plans and currently moored in Washington state. Eric Ross of the Backbone Campaign says ...

  • UNBOXED: The 18-karat gold Apple Watch Edition Business Insider - Sat, May 23, 2015 20:16 BST

    The first 18-karat gold models of the Apple Watch Edition have started to arrive for customers...

  • Woman chains herself to Shell ship in bay north of Seattle Associated Press - Sat, May 23, 2015 19:17 BST

    The Coast Guard says it has no plans to remove a woman who has chained herself to the Arctic Challenger, a support ship for Royal Dutch Shell's exploratory oil drilling plans. The activist attached herself ...

  • Peru suspends civil liberties in region after 4th death Associated Press - Sat, May 23, 2015 19:09 BST
    Peru suspends civil liberties in region after 4th death

    Peru's government said it was suspending civil liberties in a southern coastal valley after a fourth death in violent protests against a Mexican-owned copper mining project. Cabinet chief Pedro Cateriano ...

  • Fire on coastal Louisiana oil platform extinguished Associated Press - Sat, May 23, 2015 18:31 BST

    A fire that burned for more than a day on an oil production platform off Louisiana's coast was extinguished early Saturday, the Coast Guard said. The fire was on a platform in Breton Sound near environmentally ...

  • Mongolia to be transformed by giant Rio Tinto copper mine Telegraph - Sat, May 23, 2015 18:12 BST

    Land of Genghis Khan to become global copper superpower after mega deal to build giant underground Oyu Tolgoi mine

  • Gulf producers to resist cuts at OPEC meet: analysts

    Gulf oil producers, led by Saudi Arabia, will resist attempts to cut output at an OPEC meeting next month as preserving market share remains their top priority, industry analysts say

  • Why many experts missed this: Cheap oil can hurt US economy Associated Press - Sat, May 23, 2015 14:15 BST
    Why many experts missed this: Cheap oil can hurt US economy

    If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. It hasn't worked out that way. The economy is thought to have shrunk ...

  • Official: Seattle Shell protests caused environmental damage Associated Press - Sat, May 23, 2015 03:30 BST

    An official with Washington state's Department of Natural Resources says Seattle activists protesting Shell's plans to drill for oil in the Arctic did some environmental damage to a popular dive park. ...

  • Activists damage habitat in Seattle bay during Shell oil protests Reuters - UK Focus - Sat, May 23, 2015 01:54 BST

    Environmental activists who fanned out in small boats across a Seattle bay over the weekend in a protest over Royal Dutch Shell (Xetra: R6C1.DE - news) 's plans for Arctic oil exploration in the have damaged "precious habitat" on the sea floor, a state official said on Friday. Cables used to moor a 4,000 square foot …

  • American Midstream Launches Open Season for Bakken Crude Oil Gathering System in McKenzie County, North Dakota

    American Midstream Partners, LP announced today that American Midstream Bakken, LLC, a wholly-owned subsidiary of the Partnership, is conducting a binding open season for a proposed approximately 50-mile Bakken crude oil gathering and transportation system in the core of McKenzie County, North Dakota to transport up to …

  • BitGold Inc. , a platform for savings and payments in gold, announces further information on the Acquisition Agreement dated May 22, 2015 to purchase the operating and intellectual property assets of GoldMoney Network Limited , subject to regulatory approvals and other customary closing conditions.

  • The National Retail Federation today issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold on news that the International Longshore a

  • US stocks fall slightly on lower oil, mixed earnings news Associated Press - Fri, May 22, 2015 22:43 BST
    US stocks fall slightly on lower oil, mixed earnings news

    The stock market capped a quiet week of trading on a down note. Major indexes fell from the start on Friday as oil drillers and other energy-related companies followed oil prices lower. Stocks spent much ...

  • Federal data: As oil production soars, so do pipeline leaks Associated Press - Fri, May 22, 2015 22:29 BST
    Federal data: As oil production soars, so do pipeline leaks

    The oil pipeline leak that fouled a stretch of California coastline this week reflects a troubling trend in the nation's infrastructure: As U.S. oil production has soared, so has the number of pipeline ...

  • How the Dow Jones industrial average fared on Friday Associated Press - Fri, May 22, 2015 22:29 BST

    The stock market capped a quiet week of trading on a down note on Friday. Major indexes fell from the start as oil drillers and other energy-related companies followed oil prices lower. Stocks spent much ...

  • U.S. Senators urge Obama administration to block Arctic oil drilling Reuters - UK Focus - Fri, May 22, 2015 22:17 BST

    A group of 18 mostly Democratic U.S. senators on Friday urged the Obama administration to stop Royal Dutch Shell (Xetra: R6C1.DE - news) 's preparations for oil exploration in the Arctic, saying the region has a severely limited capacity to respond to accidents. The senators, from both coasts and several Midwestern states, …

  • Uruguay's state-run oil company ANCAP issued to buy 1 million barrels of medium or light sweet crude for delivery between July 15-20. For spot crude tender news stories please click.... For tenders on ...

  • Recalls this week: booster seats, gas ranges, crossbows Associated Press - Fri, May 22, 2015 21:47 BST

    A line of children's booster seats with potentially faulty safety straps are among this week's recalled consumer products. Others include several types of gas ranges with defects that can cause burn or ...

  • 5 Charts From the Week in Markets The Wall Street Journal - Fri, May 22, 2015 21:36 BST

    A 'flash crash' in Hanergy? Plus, oil stockpiles, a stock pickers' comeback and a home buyer's guide to a seller's market.

  • Oil falls as dollar lifts on US inflation data AFP - Fri, May 22, 2015 21:19 BST
    Oil falls as dollar lifts on US inflation data

    Oil prices fell on Friday as the dollar strengthened on firming US inflation data, and profit-taking weighing in after a two-day crude rally

  • Trafigura's metals trading chief quits as exodus deepens Reuters - UK Focus - Fri, May 22, 2015 20:56 BST

    Trafigura global metals and minerals trading chief Simon Collins has quit for personal reasons, the commodities merchant said on Friday, the most senior in a string of high-profile departures from the massive division. Group Chief Executive Officer Jeremy Weir, who used to run mining and market risk, has taken over the …

  • US stocks mostly unchanged on lower oil, higher inflation Associated Press - Fri, May 22, 2015 20:15 BST
    US stocks fall slightly on lower oil, mixed earnings news

    U.S. stocks were mostly unchanged in late afternoon trading Friday as energy companies fell along with the price of oil. Investors are weighing the latest batch of corporate earnings results and a report ...

  • A customer looks at gold ornaments on display inside a jewelry showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kochi

    Gold rose on Friday as the dollar's rally stalled ahead of U.S. inflation data, but the precious metal was still on course for its biggest weekly decline in four weeks. Spot gold (XAU=) rose 0.5 percent to $1,211.98 an ounce by 1001 GMT. "We get inflation data from the U.S. economy and comments from (U.S. Federal Reserve …

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