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It sounds like more of the same from the past few weeks: sharemarkets rattled, financial stocks rattled and commodities on the slide. Well, it was up till Friday when it suddenly became a very different story. And this morning, a switchback, with oil under the $US100 a barrel mark in New York trading early today as damage from Hurricane Ike wasn't as bad as feared.
wiÍcej

Yes, 2007-08 was a record year for mining and mining exports, but the sinking Australian dollar has thrown in a big spanner into prospects for 2009.
wiÍcej

World oil prices jumped and the weakening Australian dollar steadied after OPEC revealed a surprise cut in its production of 520,000 barrels of oil a day.
wiÍcej

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.81 million barrels per day (b/d) of crude oil in August, a Platts survey of OPEC and oil industry officials showed September 9. This is 40,000 b/d higher than the July production of 32.77 million b/d.
wiÍcej

Commodities held centre stage for most of the week for all the unwanted reasons: declining demand, prices and interest from the market.
wiÍcej

The downturn in commodities since the middle of July has been pretty vicious and this week it seemed to be made more tense by the way the market fell across the board as Hurricane Gustav squibbed it and didn't prove to be the major destroying storm that many had feared.
wiÍcej

China, being the largest consumer and major producer of aluminium, remains the growth engine for global aluminium industry. China’s aluminium demand outstripped the domestic supply in the last few years.
wiÍcej

Preliminary figures show that Australian gold production fell 7% to a 19 year low in the year to June. Figures from consultants, Surbiton Associates also showed output fell 13% in the June quarter. Final official figures from Abare (the Australian Bureau of Agricultural and Resource Economics) will be out next week in the latest round up on mineral commodity production and exports.
wiÍcej

China overtook South Africa to become the world’s largest gold producer in 2007 but a large part of the country is still unexplored, says "China Gold Report 2008".
wiÍcej

Gold fell, capping its largest monthly fall in more than four years as investors went all negative on it and other commodities as the US dollar turned up.
wiÍcej

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