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Oil / Gas / Commodities

OPEC pumps less crude oil in November

November crude oil production among OPEC countries fell 230,000 barrels per day from October to 29.7 million b/d, the lowest total since mid-2011, according to a Platts survey1 of OPEC, analysts and oil industry officials. The survey…

Metals 2013 and 2014 forecasts

Most metals have had a bad 2013 as far as prices are concerned, particularly the most watched ones - gold, silver and copper. How will they fare in 2014? A PwC report, ”Gold, silver and copper price report” explains what happened this…

Commodities fell in October

October commodities were lower, mainly driven by agriculture and energy, due to expectations of increasing supply in certain commodities. The global economy has recently started to improve, resulting in a return to pre-crisis…