Articles in Commodities

MT Newswires

UPDATE: Brownstone Announces New Oil Discovery at Llanos Block 27; Shares Up 21% at Resumption

6/21/2012, 12:51 pm from MT Newswires in Investing, Commodities

Brownstone Energy Inc. (BWN.V) today announced a new oil discovery in the Une Formation at the Flami-1 well at the Llanos 27 Block in Colombia. The Flami-1 well is the second well drilled by… Read More

MT Newswires

Mid-Day ETF Update: ETFs Slump as Stocks Tumble Following Disappointing U.S. Economic Data

6/21/2012, 12:50 pm from MT Newswires in Investing, Commodities

Active broad-market exchange-traded funds at mid-day: SPDR S&P 500 ( SPY ): -1.3% Financial Select Sector SPDR ( XLF ): -1.2% iPath S&P 500 VIX Short Term Futures ( VXX … Read More

MT Newswires

Energy Stocks Down Nearly 3% as a Group as Crude Oil Slides Under $80 a Barrel

6/21/2012, 12:47 pm from MT Newswires in Investing, Commodities

Top Energy Companies XOM -2.6% CVX -2.2% COP -2.4% SLB -3.2% OXY -3.8% Energy stocks are broadly lower with the NYSE Energy Sector Index down 2.88% this afternoon while the S&P… Read More

MT Newswires

IAMGOLD completes acquisition of Trelawney; Shares Dip 4.2% Early Afternoon

6/21/2012, 12:36 pm from MT Newswires in Investing, Commodities

IAMGOLD Corporation (IMG.TO) and Trelawney Mining and Exploration Inc. (TRR.V) announced that IAMGOLD has completed the acquisition of all of the issued and outstanding common shares of Trelawney… Read More

MT Newswires

Newstrike Sells 50% Stake in Commodore Joint Venture to Queenston Mining; Queenston Shares Fall 2.0%

6/21/2012, 12:32 pm from MT Newswires in Investing, Commodities

Newstrike Resources Ltd. (NR.V) sold its 50% interest in the Commodore Joint Venture, a 57-claim property located near Kirkland Lake, Ontario, to partner Queenston Mining Inc. (QMI.V)… Read More

MT Newswires

Santa Maria Petroleum Makes New Oil Discovery in Colombia; Shares Edge Off Year Lows

6/21/2012, 12:21 pm from MT Newswires in Investing, Commodities

Santa Maria Petroleum Inc. (SMQ-V) said it has made a new oil discovery in the Une Formation at the Flami-1 well at the Llanos 27 Block in Colombia. Santa Maria shares are up 1 cents, or 4.0%,… Read More

MT Newswires

UPDATE: Encana To Boost Spending on Oil, Liquids Hunt; Shrs Down 8.1% at Midday

6/21/2012, 12:14 pm from MT Newswires in Investing, Commodities

Encana Corp (ECA.TO), Canada's largest natural gas producer, will speed its hunt for oil and natural-gas liquids as it looks to diversify its production away from low-value natural gas,… Read More

MT Newswires

Chesapeake Energy Refreshes Board of Directors with 5 Appointments; Down 3%

6/21/2012, 12:13 pm from MT Newswires in Investing, Commodities

Chesapeake Energy Corp. ( CHK ) is down 3% at $18.45. The company today announced the appointment of five new independent directors to its reconstituted nine-member board of directors. Archie… Read More

International Business Times

Crude Oil Drops Below $80, Price Off 27% Since March 1

6/21/2012, 12:11 pm from International Business Times in Investing, Commodities

Crude oil fell below $80 per barrel Thursday in a 2.5 percent drop that extends the commodity's nearly four-month plunge. Since March 1 the price of crude oil in New York trading has fallen… Read More

MT Newswires

UPDATE: Viterra, CWB Announce Partnership on Grain Handling; Shares Down Slightly at Midday

6/21/2012, 12:05 pm from MT Newswires in Investing, Commodities

Viterra Inc. (VT.TO) and the Canadian Wheat Board today announced a grain-handling agreement to serve farmers and end-use customers in the new western Canadian grain-marketing… Read More