Articles in Commodities

Midnight Trader

Sector Update: Energy Shares Broadly Lower; Crude Futures Plunge Over 6%

NYMEX Benchmark Crude November: (-6.3%) to $80.51 Top Energy Stocks XOM: -4.2% CVX: -5.0% COP: -4.0% SLB: -6.4% OXY: -6.9% Energy shares are broadly lower as crude oil... Read >>

Midnight Trader

Sector Update: Energy

Energy shares are broadly lower as crude oil futures plunge to close down over 6% as the broader equities sell-off hit the sector. Light, sweet crude oil for November delivery finished down 6.3%... Read >>

Midnight Trader

Commodities Plunge; Silver Craters 10% While Gold, Crude Oil Tumble Into Red

Commodities finished broadly lower with silver futures plunging nearly 10% while the dollar gained strength against foreign currencies. Crude oil and gold futures both tumbled into the red. ... Read >>

Midnight Trader

Analyst Actions: Canaccord Cuts Southern Pacific Resource Price Target to $1.90

Canaccord Genuity analyst Steve Toth is concerned about the slippage in the timing of key planned activities at Southern Pacific Resource Corp.'s (STP.TO) McKay steam-assisted gravity drainage... Read >>

International Business Times

Doug Casey: Glowing Prospects for Uranium

Doug Casey: Glowing Prospects for Uranium Source: Karen Roche and JT Long of The Energy Report   (9/22/11) ... Read >>

Midnight Trader

UPDATE: OPTI Canada Still Down, But Off Day Lows; Heavy Trade But No Fresh News

OPTI Canada (OPC.V) was still down late Thursday afternoon, but off a day low of 9.5 cents, which was just above an existing year low 9 cents. More than 2.9 million OPC shares have changed... Read >>

Kitco

P.M. Kitco Metals Roundup: Comex Gold Hammered Lower on Strong U.S. Dollar, Lower Crude Oil, Margin-Call Selling

(Kitco News) - Comex December gold futures prices Thursday sold off sharply and hit a fresh five-week low. A sharply higher U.S. dollar index and sharply lower crude oil prices put strong... Read >>

Midnight Trader

Entree Gold Digs Loss Despite Further Positive Drill Results from Ann Mason Deposit

Entree Gold Inc. (ETG.TO) fell by 7% on the Toronto Stock Exchange and was also down in the United States despite announcing that drilling at Ann Mason copper-molybdenum porphyry... Read >>

Midnight Trader

Permitting Process for Haldimand Field A-OK, No Reason for Stock Drop, Petrolia Says

Caught in 28% slump since Sept. 14, including a 11% drop today, oil and gas junior Petrolia Inc. (PEA.V) said there has been no substantial change in its activities and operations that... Read >>

Midnight Trader

Northern Freegold Moving Higher After Drilling IDs High-Yield Porphyry System

Northern Freegold Resources Ltd. (NFR.V) is up a penny at 30 cents per share, rising 3.5% after saying drilling at its Freegold Mountain project in the Yukon territory returned several... Read >>