Posts Tagged ‘prices’

Take The “A” Train…or not: New York subway hit by metals theft

New York subway riders trying to take jazz musician Billy Strayhorn’s advice and travel on the “A” train into Manhattan ran into a snag this week.

Services along the whole 31-mile length of the “A” train route were disrupted May 27 by what the Metropolitan Transit Authority described as a “massive theft of copper cable” from subway line tracks near Howard Beach, Queens.

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UK utilities higher charges for pre-payment meters is not the ‘smart’ option

I’d like to draw a positive parallel between pre-payment meters and smart meters.

That sounds facetious and in some ways it is. Rightly or wrongly, it seems pre-payment meters have become symbolic in the UK of poor families and intransigent tenants on Benefits Street.

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Canadian oil has its Jean-Paul Sartre moment: hell is a lack of investors

The Canadian oil patch is undergoing an existential moment as low oil prices have scared off investors and thrown the future of further oil sands projects into disarray.

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Just a second … hold that trading timestamp, please

The world’s next ‘leap second’ event will occur on June 30, 2015 — and, for the first time ever, according to the Futures Industry Association (FIA), it will happen “during active trading hours in an environment where electronic and automated trading relies on sub-second precision for communication, execution, clearing, surveillance and audit trails.”

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Deficit, surplus or balance: What are the real fundamentals of the global nickel market?

Global nickel market fundamentals have been troubling analysts recently with the market constantly forecast to be about to enter a significant deficit. However, this outlook never quite seems to materialize, leaving nickel prices drifting and failing to rally as expected on the back of a tighter market balance.

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Financing ‘frack addicts’ and shale producers in the US: Petrodollars

Robert Perkins examines the delicate balance act of financing shale oil production in the US in this week’s Oilgram News column, Petrodollars.

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New challenges for petrochemical players in China

At the recent Asia Petrochemical Industry Conference (APIC) held on May 7-8 at Seoul in South Korea, one of the hot topics doing the rounds was China’s march towards self-sufficiency. Will it, delegates asked, put a brake on petrochemical majors’ engagement with the country, which is currently the world’s largest consumer of chemicals?
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In a volatile environment, BP decides it’s all too much

In a move last week that many commentators might see as a real blow for a company already struggling to convince the world of its environmentally friendly credentials, oil giant BP announced it had decided to sell its share in the UK’s largest bioethanol plant.

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The Oil Big Five: Marking one year of watching the global oil industry

This month’s version of The Oil Big Five marks its first anniversary and we’re pleased to still be serving up a monthly dose of topics to keep an eye on in the global oil industry.

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European producers under pressure on softer aluminum ‘all-in’ price

Aluminum producers are expected to be under increasing pressure as the aluminum ‘all-in’ price (London Metal Exchange cash price + premium) has fallen over the last few months on the back of lower global premia, while the LME aluminum cash price has largely remained unchanged.

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