Industry - Oil latest news

Singapore (Platts) -- 10Oct2008 -- China produced 152.505 mt of gold in the first seven months of 2008, up 5.22% from the same period a year ago, according to a statement from China Gold Association this week. Among the output, primary...

Hong Kong (Platts) -- 10Oct2008 -- China's ferroalloy spot prices moved sharply lower this week on the back of falling demand and more supply in the market, industry sources said this week. Producers and traders in China had increased...

New York (Platts) -- 10Oct2008 -- Russia-headquartered steelmaker Severstal Friday announced it would reduce production at its steel plants in Russia, North America and Europe for the month of October, because of slower demand for steel...

New York (Platts) -- 10Oct2008 -- Molybdenum oxide and ferromoly markets came under further downward pressure this week, with sentiment and the global financial crisis, rather than fundamentals, being the main driving force behind the...

Off-season changes continue for the San Antonio Spurs.

Developers of a proposed liquefied natural gas terminal along the Columbia River at Warrenton filed a formal application to federal regulators on Friday, a step they said “demonstrates the feasibility of our project.”

Drivers in Southern California were paying reduced gasoline prices for a sixteenth-straight week this week, according to the Automobile Club of Southern California's Weekend Gas Watch.

Lydian Private Bank is suing Countrywide Home Loans for alleged fraud in connection with Countrywide’s underwriting, sale and servicing of a loan package Lydian bought.

Crude oil prices were trading below $80 per barrel Friday as demand, commodity sell-offs and recession projections pushed prices lower.

The annual ConvergeSouth blogging conference will take place Oct. 16-17 in Greensboro and will feature speakers and ideas on topics related to new media.