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Gold Breaks Below $1200 Downside Risk Continues Trump Fed Eyed | Investing.com

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Low investment demand, stronger dollar index and rate hike in the US are push factors exerting downside pressure on precious metals.The selloff could extend further as 11 of 17 voting members of the fed suggested at least three rate hikes in 2017. Base metals are mixed on the LME but a stronger dollar could weigh across the complex today. We expect copper, lead and aluminum to trade lower while range bound in zinc and nickel. In energy sector, Crude Oil prices remained steady on morning in…

Oil prices stabilize after Fed hike as tighter market looms:: Oil prices stabilized on Thursday as a tighter market looms in 2017 due to planned output cuts led by OPEC and Russia, after sharp declines earlier following Wednesday's U.S. interest rate increase that drove investors out of commodities. International Brent crude oil futures were trading at $53.93 a barrel at 0649 GMT, up 3 cents from their last close.

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The Oracle of Oil – Book Review

In 1948, Hubbert told a conference that "fossil fuels were essentially a fixed storehouse of energy which we are drawing on at a phenomenal rate” and in fact that consumption was growing even faster than the population. He noted way back then that there would be many sources of oil; the easy to drill conventional crude, offshore oil, the Canadian tar sands, and shale oil.

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********** 50% off everything Coupon Code: 50OFF ********** $9.95 Flat rate shipping within Australia. Available in two sizes: **50g / 1.7oz Aluminium Jar with Aluminium Lid Approximate size of jar: 5.5cm x 5.5cm x 2.3cm or 2.2 x 2.2 x 0.9 **100g / 3.4oz Plastic Jar with Aluminium Lid Approximate size of jar: 7cm x 7cm x 4cm or 2.7 x 2.7 x 1.6 STARDUST - Vegan Tiger Balm Looking for a more natural alternative to the petroleum jelly filled tiger balm? Here it is! One whiff of this amazing…

#2017Budget: Buhari presents N7.298 Trillion 'Budget of Recovery & Growth' to NASS for 2017 President Muhammadu Buhari today (Wednesday) presented a 2017 budget of N7.298 trillion to the joint session of the National Assembly for approval. The budget which is themed Budget of Recovery and Growth is higher than the N6.07 trillion 2016 Appropriation by about 19.95 per cent. Details of the proposed budget showed that it was based on crude oil benchmark price of $42.5 per barrel against the…

Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decl

Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decl

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Crude Oil Price May Fall As US CPI Adds To Fed Impact

Crude oil price may slump as the Federal Reserve upgraded its outlook for the 2017 interest rate hike path as the policymakers now expect to raise the benchmark lending rate three times next year