IBT Staff Reporter

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This Week In Petroleum - Apr 2

Winter Fuels Wrap-Up Despite what may have appeared as a harsh winter in some regions, actual temperatures across the Nation remained close to normal over most of the 2007-08 winter heating se...

Now move over to tidal energy

Commodity Online LONDON : As the world debates on the alternative sources of energy, here is yet another mode tidal energy.The world s first commercial scale 1.2MW tidal energy turbine S...

U.S. stocks rise on Bernanke talks, Banks Gain

U.S. stocks gained for a third day Wednesday as investors' mood brighten after Best Buy Co released earning results, and Federal Reserve Chairman Ben Bernanke said the central bank will not need to save another financial firm.

Gold falls by Rs 10 at 11 820 in India

Commodity Online MUMBAI: Gold prices fell by just ten rupees per 10 gram at close on Wednesday at the bullion market here.The precious yellow metal, influenced by firming global trend, wip...

Why Gold is getting hammered

By Mike Swanson The correction in gold stocks that began a month ago appears to be coming to an end. I put out a WSW Power Investor Elite daily bulletin alert notifying subscribers that I wa...

As Gold prices shot up its consumption fell

Commodity Online MUMBAI: All these months, gold prices have been skyrocketing. But as prices of the precious metal went up and up, there was little cheer among gold traders and dealers in In...

How steel prices influence inflation

Commodity Online NEW DELHI: Steel prices now a days are playing a crucial role in the financial system as its prices can influence inflation. Spiraling steel prices not only hurt the forging...

Food fuel prices a threat than US turmoil: WB

Commodity Online WASHINGTON: World Bank on Tuesday said, soaring food and fuel prices are the biggest challenge for poor nations (especially in East Asia) than US financial turmoil, which i...

SPECIAL: River water + sea water = Energy

Commodity Online Can you make enough energy to run a household by mixing salt water and river water? If you thought that is a bad idea, think again. Scientists in Norway and The Netherlands...

Who holds major Gold reserves in the world

Commodity Online MUMBAI: Do you know who holds major part of gold reserves in the world? And who decides whether to take up the gold price or not.The Gold prices have been floating on curr...

Biofuel demand to reach 92 mn mt in 2011

Commodity Online CLEVELAND: World demand for biofuels will expand at a nearly 20 percent annual pace to 92million metric tons in 2011, according to a study by Cleveland based industry resea...

Tapping solar energy

Commodity Online India is a sunny country with a solar energy potential of 20 mw every square km. At present, only a tiny fraction of it is being tapped. Solar energy can be used directly in...

Oil follows gold down below $101 a barrel

Commodity Online NEW YORK : World oil prices continued their southward journey for the third consecutive day Tuesday as US stocks and dollar gained more strength overnight.The fell was de...

Will the financial system be recreated

By Paul Tustain Now that he's wearing some sort of do good government hat, even Hank Paulson is not thinking straight.Regulate in New York, and finance will only go to Toronto. Regulate i...

Gold nosedives to record low at $872.90

Commodity Online NEW YORK: Gold and other precious metals tumbled to a two month low Tuesday as the US dollar and stocks gained heavily overnight.Gold hit a low of $US872.90 and was quote...

Asian Trading Higher on U.S. Trade Rally

Asian markets gained on Wednesday with Japanese stocks leading the boost as financials such as Mizuho Financial Group spiked after an equity offer from Lehman Brothers Holdings Inc.

Bush: Russia should not fear Ukraine's NATO Bid

U.S. President George W. Bush expressed support for Ukraine and Georgia as they move towards NATO membership, ahead an alliance summit in Romania where opposition from fellow European countries will be likely.

Wheat Post Declines as Dollar Gains

Wheat declined on Tuesday amid concerns that an increase of the dollar will drive farmers to plant more grain in an effort to benefit from high wheat prices.

Sleep Depot goes into administration

Bed company, Sleep Depot Ltd has said that it is going into administration and will be closing down following the company's failure to secure a financial rescue.

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