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Hong Kong (Platts) -- 20Oct2008 -- Gold futures in Hong Kong relaunched trading on Monday on the back of an increased interest on gold, the Hong Kong Exchange and Clearing (HKEx) said in a statement on Monday. Gold futures were first...

Analysts at Goldman Sachs and Merrill Lynch are predicting that the price of crude oil could fall to $50 a barrel by December if the global economy slips into recession. Opec is due to meet this week and it is expected that the group will announce a cut in output.

Sacramento-area gas prices dipped 3 cents Monday, as crude oil prices plummet in trading worldwide.

New York (Platts) -- 20Oct2008 -- At least a half dozen class-action lawsuits seeking damages from eight US steelmakers under US antitrust laws have now been filed in US District Court of Northern Illinois. The latest was submitted October...

New York (Platts) -- 20Oct2008 -- Demand for service center products in the US and Canada declined substantially in September, the Metals Service Center Institute reported Monday. The Illinois-based trade group cited "unprecedented economic volatility...

Washington (Platts) -- 20Oct2008 -- Australian zinc producing major OZ Minerals reported late Monday its zinc output was strong overall in the third quarter of this year, but said production next year would dip roughly 35-40% from planned...

Caracas (Platts) -- 20Oct2008 -- A strike by third party contractors continued at Venezuela's Sidor Steel Monday, causing at least a partial suspension of operations at the Puerto Ordaz plant, CVG sources and local media said. The...

Washington (Platts) -- 20Oct2008 -- Adex Mining said Monday results from a phase two drilling program at its Mount Pleasant mine in southwestern New Brunswick, Canada, showed mineralization with areas grading 1.11% tin and 242 g/mt indium....

AmerenUE asked the Missouri Public Service Commission for a rate decrease for 127,000 customers’ natural gas bills to reflect lower wholesale costs from the company’s suppliers.

Oil is trading below $75 per barrel and gasoline prices are below $3 per gallon at a number of service stations throughout the Phoenix area.