Commodities

Crude oil falls as September OPEC output rises

Tokyo, Oct 2:   Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 per cent in the third quarter, after a survey pointed to a slight increase in OPEC production in September. US crude was down 13 cents or 0.3 per cent at $51.54 a barrel at 0346 GMT. The US benchmark had on ...

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3 quick and dirty tips to buy a winning energy company

The price of oil is rising! Sure, the current momentum appears to be driven by short term catalysts, but it?s still good news for ASX listed energy producers like Beach Energy Ltd (ASX:BPT) and Santos Ltd (ASX:STO). In moderation commodities can add diversification to a portfolio and I’ve got three quick and dirty tips to help you pick a winner. 1. Understand the commodity ...

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Soft rupee thrills commodity exporters

NEW DELHI: The recent weakening of the rupee has come as a Diwali bonanza for commodity exporters who expect a jump in export orders, which would benefit farmers also. “Weak rupee is good for agri economy,” said Prerana Desai, head of commodity research at Edelweiss Agri Value Chain. Edelweiss Agri Value Chain. “It ends up increasing farmers’ income as all ...

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Noble Group expects to sell oil liquids business by end-December

Shutterstock photo SINGAPORE, Oct 2 (Reuters) – Noble Group Ltd (NGL) expects to sell its oil liquids business by the end of December as part of a plan to slim down drastically its core Asian coal trading business after a crisis-wracked two years. “NGL continues to progress the sale of its Global Oil Liquids business. NGL currently expects ...

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While commodity prices hamper farmers, food processors expand in Michigan

As farmers across the state struggle to turn a profit in an era of depressed commodity prices, one aspect of agribusiness — food processing — continues to grow in West Michigan. While lower commodity prices affect profitability on the farm, they also encourage farmers to seek out processing capabilities closer to home to boost margins. That element, combined with rising ...

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1,610 items subjected to selective tax, states FTA

ABU DHABI: The number of commodities covered by the UAE’s selective taxation has been announced as 1,610 items, 60 per cent of which are classified as soft drink products, 26 per cent as tobacco and its derivatives, and some 14 per cent as energy drinks, all deemed as the most damaging to the public’s health. The Federal ...

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Update on Federal Partners Supporting Survivors in U.S. Virgin Islands – United States Virgin Islands

Release date: September 30, 2017Release Number: HQ-17-152 WASHINGTON – Since Hurricane Maria impacted the U.S. Virgin Islands, the Federal Emergency Management Agency (FEMA) and its federal partners continue to work in support of the Islands. Efforts remain underway to gain access to ports, airports and roadways, save and assist lives during search and rescue operations, assess all hospitals, and move ...

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Update on Federal Partners Supporting Survivors in Puerto Rico – Puerto Rico (The United States of America)

Release date: September 30, 2017Release Number: HQ-17-151 WASHINGTON –Thousands of Federal Emergency Management Agency (FEMA) personnel and partners continue to provide life-sustaining resources to Puerto Rico while aggressively working 24-hours to restore power and return daily routine. Despite the complex challenges posed by damage from Hurricane Maria, FEMA and its federal partners are supporting Puerto Rico in gaining and restoring ...

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