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COMMODITIES-Oil down on high gasoline stocks, gold slips on Fed
Reuters* Brent crude slips below $103 as gasoline inventories surge * Gold falls as Bernanke cautions about low US rates * Copper hits 6-week high after no word on Grasberg restart By Barani Krishnan NEW YORK, May 22 (Reuters) - Oil prices slumped on...Tags: Non Ferrous Metal, Inventories, Credit Ratings, Upstream Oil and Gas Activities, Thomson Corporation
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Wall Street falters in volatile session on Fed worries
ReutersNEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the...Tags: Dean Foods Company, Social Media, GlaxoSmithKline PLC, SunPower Corp., Fossil Incorporated
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Fallout spreads in Hong Kong over shut-down Mercantile Exchange
ReutersHONG KONG (Reuters) - A close political ally of Hong Kong's chief executive has vowed to cooperate with an investigation into the shuttered Hong Kong Mercantile Exchange after the city's financial watchdog said it had alerted the police to "serious...Tags: Hong Kong, Pomfret, Police Investigations, Economy, Business and Finance, Finance
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ANALYSIS-Oil saving win-win drives Saudi solar power boom
Reuters* Solar could cost much less than half oil fired power * Solar offers over 20 percent return on investment By Daniel Fineren DUBAI, May 22 (Reuters) - A slide in solar power costs and a surge in oil prices over the last few years has made solar power a...Tags: Saudi Arabia, Prices, Renewable Energy, China, Finance
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NYMEX-Oil prices dip to around $96.50 as supplies weigh
ReutersPERTH, May 21 (Reuters) - U.S. crude futures eased to about $96.50 a barrel in early trading in Asia on Tuesday as ample supplies weighed on prices, despite support from equity markets. FUNDAMENTALS * U.S. oil fell 14 cents to $96.57 a barrel by 0023...Tags: Money and Monetary Policy, Environmental Issues, International Energy, Energy Saving, Syrian Civil War (2011 - present )
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Dubai rallies to 4-year high
Khaleej TimesDubai's benchmark stock index rose to its highest close since October 2009, propelled by property and banking sectors to underscore the resounding resurgence in investor optimism. The DFM General Index advanced 2.5 per cent to 2,352.21 points on...Tags: Saudi Arabia, Abu Dhabi (United Arab Emirates), United Arab Emirates, Dubai (United Arab Emirates), Doha (Qatar)
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Bahrain nonoil trade grows 20%
Arab News, Jeddah, Saudi ArabiaBahrain's real GDP is estimated to have expanded 3.9 percent in 2012 from the 1.9 percent growth seen in 2011. Even as the oil sector shrank by around 8.5 percent in 2012 due to a temporary technical disruption at the country's main Abu Sa'afa oil field,...Tags: Saudi Arabia, Money and Monetary Policy, Prices, Economic Indicator, Politics
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UAE trade surplus to hit $ 90.7 billion
Arab News, Jeddah, Saudi ArabiaThe UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices and a 10.2 percent increase in oil production, according to a review of the UAE economy by Global Investment...Tags: Saudi Arabia, Money and Monetary Policy, Abu Dhabi (United Arab Emirates), Economic Indicator, Dubai (United Arab Emirates)
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Oil price probe widens, senator wants Justice Department help
ReutersLONDON/WASHINGTON (Reuters) - A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands, while a key U.S. senator on Friday called for the Justice Department to join the...Tags: Money and Monetary Policy, International Organizations, McGraw-Hill Incorporated, Ethanol, Hungary
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RPT-COLUMN-Enhanced recovery will anchor oil prices below $100: Kemp
ReutersBy John Kemp LONDON, May 16 (Reuters) - Enhanced oil recovery (EOR) techniques could boost U.S. domestic oil production by 4 million barrels per day for 50 years, while storing all the emissions from 93 large coal-fired power plants, at a price of just...Tags: Global Warming, Lobbying, Denbury Resources Incorporated, Conservation, Politics
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COMMODITIES-Most markets fall, weak US data prompts demand worry
Reuters* Gold falls for sixth sessions, first time in four years * Oil gains as dollar drops after soft U.S. economic readings * U.S. drought shrinks, may be too late for some wheat crops By Carole Vaporean NEW YORK, May 16 (Reuters) - Most commodity markets...Tags: Money and Monetary Policy, BNP Paribas, Chicago Board of Trade, Upstream Oil and Gas Activities, Droughts
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GLOBAL MARKETS-Stocks slip, dollar gains on Fed policy remarks
Reuters* Dollar recovers after president of San Francisco Fed speaks * Wall Street drops further but Cisco surges on earnings * Bond prices rise on poor U.S. economic data * Brent oil settles slightly higher By Herbert Lash NEW YORK, May 16 (Reuters) -...Tags: United States Consumer Price Index, Money and Monetary Policy, Nasdaq Composite, Market and Exchange, Central Bank
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 20, 2013
|Story| Reuters
May 20, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 16, 2013
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May 16, 2013
|Story| Reuters
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