ANCHORAGE, Alaska (AP) — A fire Thursday at an offshore natural gas platform in Alaska's Cook Inlet destroyed the crew's living quarters and forced four workers to evacuate, but no one was injured and the environmental risk was considered minimal, responders said.
The World Steel Association, the global association of steel manufacturers, reported its August steel production data on September 22, 2014.
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Investing in steelmakers: A guide to August 2014 steel production
WASHINGTON (AP) — The number of chronic safety violators among mine operators has fallen sharply in recent years, according to government figures released Thursday.
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AP NewsBreak: Mine safety violations down
WASHINGTON (AP) — The number of chronic safety violators among mine operators has fallen sharply in recent years, according to government figures released Thursday.
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AP NewsBreak: Mine safety violations down
West Texas Intermediate (WTI) crude oil fell to a low of $88.18 a barrel in electronic trading early Thursday morning.
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Crude Oil Price Tumbles Below $90 on Saudi Price Cuts
Crude oil has suffered a surprisingly big drop in a relatively short amount of time. As Bloomberg recently reported, oil has fallen more than 13 percent just since the beginning of July. This represents …
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Oil’s Decline: What’s It Mean For Investors?
Last week, the Baker Hughes oil rig count decreased by nine—from 1,601 to 1,592. This marked the first decrease in the past five weeks. Despite the decrease, oil rigs are still close to the record high….
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US oil rigs lose steam after reaching a record high
China (FXI), by far, consumes the most commodities—like coal, iron ore, and cement—in the world. With an installed capacity of over 1,260 gigawatts (or GW), China ranks first in terms of installed electricity …
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Why China is important for companies like Walter Energy and Vale
Last week, gasoline inventories decreased by 0.4 MMbbls to 210.3 MMbls. This, despite the fact that analysts expected inventories to remain unchanged.
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Must-know: Rise in gasoline demand is bullish for prices
With the great gold price fall of 2013, stocks like Goldcorp Inc. (GG), Barrick Gold Corp. (ABX), Newmont Mining Corporation (NEM), and Kinross (KGC) were down from their peaks in 2012.
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Why all is not well for gold miners like Barrick and Kinross
WASHINGTON (AP) — The oil and railroad industries are urging federal regulators to allow them as long as seven years to retrofit existing tank cars that transport highly volatile crude oil, a top oil industry official said Tuesday. The cars have ruptured and spilled oil during collisions, leading to intense fires.
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Oil, rail industries want 7 years to fix tank cars
Last week, refineries operated at 93.4 % of their capacity, or 0.4% higher than the week ended September 19.
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Seasonal maintenance: Why refineries are slowly lowering inputs
Natural gas prices can continue to remain relatively depressed. Shale resource development allowed companies to economically produce natural gas, even at lower prices.
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Why increased natural gas production depressed prices
Investors interested in gold face two main options. They can either invest in physical gold or ETFs that track gold prices or they can invest in gold stocks.
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Gold dilemma: Should you invest in physical gold or gold stocks?
Crude inventories decreased by 4.3 million barrels (MMbbls) to an 8-month low. This is in stark contrast to analysts’ expectations of a 0.75 MMbbls increase.
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Must-know: Why crude inventories unexpectedly dropped
Natural gas prices mainly increased last week—touching $3.97 on Wednesday—as a result of warmer-than-normal autumn weather forecasts. Warmer weather is bullish for natural gas prices.
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Why natural gas prices increase as the weather gets colder
With a low production cost and lower coal-fired power plant retirements expected in the west, the Powder River Basin (or PRB) currently looks better than the other regions. However, PRB coal’s export potential …
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Must-know: Which coal producers benefit from their location?
Having discussed the net asset value approach, we’ll now discuss multiples-based valuation methods that you can also use to value gold mining stocks.
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Understanding the multiples-based valuation approach for miners
Brent crude oil traded steadily above $97 on Tuesday, but remained under pressure from oversupply worries. The commodity traded at $97.35 at 5:00 GMT helped by positive economic data from the world’s two …
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Brent Helped By Positive Data From The US And China
WASHINGTON (AP) — Dominion Energy received federal approval late Monday to export liquefied natural gas from its Cove Point terminal on the Chesapeake Bay in Maryland.
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Dominion natural gas exports plan gets federal OK
