Recent content by mariorot

Battle At OPEC Over Output Jun 14, 2012 The Organization of Petroleum Exporting Countries (OPEC) is meeting today in Vienna, Austria to discuss current output levels. However there is already a big disagreement over whether the current levels should be raised or lowered. Saudi Arabia...

Lead is at a year-low currently, but poised to rise on global shortages. Demand for lead has gone up every year for the past 5 years as the metal is a crucial part of industrial batteries. Wolrdwide stockpiles dropped 7.6% since October 2011 when lead prices reaches an all-time high. Analysts...

Iraq Oil Output Looks to Exceeds Iran – First Time In 24 Years Iraq is pumping out oil at the highest rate since Saddam Hussein’s era. This production is being led by foreign partners like Exxon Mobil and British Petrolium. They are developing new oil fields and renovating older wells. The...

Hi, my name is Mario and i will be posting about commodities. I hope you will find it interesting. Thanks. Gold Falls as Investors Buy Dollars Gold investors are the least optimistic in 5 weeks as due to political problems in Europe. All gains of 2012 have been lost recently as investor...