Topic: Commodity Markets
Sector Snap: Airline stocks mixed
AP News
Airline stocks mixed as oil prices climb above $82 a barrelAirline stocks, which rallied strongly earlier this week, were mixed in Friday trading as oil prices surged, raising the prospect of higher costs for jet fuel. The Amex airline index was up a fraction with seven of its 13 components ...
Oil prices climb towards $83 on upbeat IEA report
AFP Global Edition
World oil prices rose toward 83 dollars a barrel on Friday as the International Energy Agency reported strong growth in world energy demand, led by China. New York's main contract, light sweet crude for April delivery, added 31 cents to 82.42 dollars a barrel. Brent North Sea crude ...
Oil prices near $83 on upbeat IEA report
AFP Global Edition
Oil rose close to 83 dollars a barrel on Friday as the International Energy Agency reported unexpectedly strong growth in world energy demand, led by China. New York's main contract, light sweet crude for April delivery, added 49 cents to 82.60 dollars a barrel. Brent North Sea crude ...
What China wants more than physical gold
Stockhouse
Could have its sights on buying gold mines abroad"A few factors limit our ability to increase [our] investment in gold," China's Chief foreign exchange regulator Yi Gang said in a speech this week.
Investors have long speculated China will start buying gold and selling its hoard of U ...
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