As the US, France and Britain bomb Libya and oil prices touch new heights, one wonders if the world is headed towards another energy crisis. Pemex pumped 2. Oil exports also fell in February to 1. Commentary: Restrictions on world oil production Political upheaval is currently rampant across the Middle East, resulting in a major spike in world oil prices. No one knows how far the impacts will go or how long it will take to reach some kind of stability and what that stability will mean to oil production in the Middle Eastern countries that produce oil.
We are thus relegated to best guesses, which span weeks, months, or years before there are clear resolutions. One pre-Middle East chaos country limited by political upheaval is Iraq, which is believed to have the oil reserves to produce at a much higher level, but Iraqi government chaos has severely limited oil production expansion. In another long-standing case, Nigeria has been plagued by internal political strife, which has negatively impacted its oil production.
Lippman Consulting, an El Paso-based natural gas consulting firm, is taking issue with a recent U. Energy Information Administration website posting that said the Haynesville in northwest Louisiana and Northeast Texas is the new leader in production among U. The administration cited data from Bentek Energy, an Evergreen, Colo. Marcellus Panel Looks for Common Ground at First Meeting The public comments at the end of Friday's inaugural meeting of the state Marcellus Shale Advisory Commission showed part of the challenge facing that panel during the next four months.
One county commissioner stood up to laud the number of jobs that gas drilling has brought to his community. Global Network Platts employs a total staff of more than , and maintains a network of correspondents spanning the globe. It has more than 15 offices in key cities, including major energy centres such as London, Dubai, Singapore and Houston, and global business centres such as Sao Paulo, Shanghai and New York, where its headquarters is located.
The price of the precious metal was down 9. The weaker than expected growth in China's economy also sparked a wider fall in commodity prices. The price of copper and aluminium were also sharply lower. Start Quote This is a market that has only got one thing on its mind This means that the rate of US inflation is likely to fall, meaning investors have less reason to hold gold to avoid a corresponding decline in the value of cash investments.
Cyprus's announcement last week that it was planning to sell most of its gold reserves has also had an impact on the fall in the price of gold. Some analysts fear that other weak eurozone economies, such as Italy and Spain, will follow Cyprus's lead and sell some of their gold stocks, adding further supply to weakening demand. Dominic Schnider, an analyst at UBS Wealth Management, said it might not have been the eurozone that triggered the mass flight out of gold: "What we now see is panic selling, perhaps triggered by the Fed's stimulus view.
The Fed has given the signal that there's a possibility to reduce QE and that took a lot of trust out of gold. Mohit Kamboj, president of the Bombay Bullion Association, suggested prices may have further to fall: "With more and more countries reducing stocks, the future of gold seems bleak. David Govett, head of precious metals at Marex Spectron in London, said there was a mass flight out of gold: We have seen massive liquidation from all quarters This is a market that has only got one thing on its mind At a meeting on Monday, EU foreign ministers will also agree to lift restrictions on selling equipment for the oil industry to the opposition and investing in the oil sector, EU diplomats said on Wednesday.
Conditions will apply to ensure that no business is done with supporters of Assad. The EU imposed a ban on purchases of Syrian oil by European companies in in response to an uprising against Assad. Two years into the conflict, government forces are fighting hard to keep control of cities and many rural areas and provincial towns have fallen to the rebels.
The latest U. The contract rose one cent on Tuesday. Crude has fallen sharply over the past week, part of a broad sell-off in commodities due mainly to lower than expected growth in China during the first quarter of the year. On Tuesday, the International Monetary Fund lowered its outlook for world economic growth this year to 3.
It expects U. Stock markets in London, Frankfurt and Paris were down between 0. Investors are also awaiting fresh information on U. The report from the U. Energy Department s Energy Information Administration the market benchmark will be released later Wednesday. Brent crude, which is used to price oil used by many U. This price level is well supported because OPEC regards it as appropriate and is likely to defend it by cutting production if the price should fall below it for any length of time.
Never have the money managers become so convinced that gold is about to fall heavily. So runs the logic among those with a tendency to dangle every piece of news, good or bad, in front of would-be customers as an incentive to buy the precious metal. Still, the biggest of gold backers would have to admit that now may not be the best time to be flogging gold, as economic optimism around the US, the world s biggest economy, rises, and worries around the euro zone recede.
Speculation that the US Federal Reserve might scale back its massive monetary easing efforts earlier than expected have further weakened demand for the safe haven metal. Loud talk among investors is that may mark the end of its spectacular year bull run. You can fondle it, you can polish it, you can stare at it, he once told shareholders. I d bet on a good producing business to outperform something that doesn t do anything.
Gold also has a curious status in that it can behave as both a risk-on and riskoff asset. While investors flocked to buy the metal in the summer of during the euro zone debt crisis, in still more extreme times of market stress, such as at points during the credit crunch, the price has plunged, as people start selling their gold to cover losses elsewhere The turn in the gold cycle has likely already started, the bank s analysts stated pointing to a quickly waning conviction in holding gold positions.
Goldman is not the only one to notice that, Paulson aside, holdings in exchangetraded products backed by gold have been shrinking at a rapid rate. They fell to 2, The waning enthusiasm for gold among the ETF investors is being treated as particularly significant, as they are seen as long-term buy and hold types rather than more speculative investors.
Recent weeks have also seen other investment banks express similar views on the holding of gold price, BNP Paribas, Credit Suisse and Citigroup, to name a few of those turning to gold due to other investments turning sour. But there is no consensus. By accessing all these pages, you have agreed that none of the information anywhere in our magazine or our website is designed as any form of marketing offer or advice of any type.
The face of healthcare evolves every year with tighter regulations, increased scrutiny from outside agencies, and intense attention to controlling costs falls directly into this moving target zone. One of our main objectives is working with hospital where we can understand how they purchase their medical supplies and see if First Edge Medical can offer a full complemented structural service of medical supplies internally and externally to fit most hospitals purchasing requirements globally.
So what does First Edge Medical bring to the table for our hospital clients? Several benefits that can make a difference. Because of our company size, we are flexible with everything needed to build a reliable and professional relationship with you and your hospital. Quick Response. Again, our company size allows for fast decisions and turnaround. Whether the decisions are on emergency shipments, on-hand inventory supply management, depth of choices in manufacturers, or extended credit terms, rely on us for a quick and professional response.
At any time, you can pick up the phone and reach one of our main team. Diversity Oriented. We work with our clients to develop their economic procurement plans and assist them in meeting their diversity business goals, as these goals and objectives are a very real and important part of our client s business plans. First Edge Medical believes in and supports that supplier diversity is not a set-aside or a quota, but a good business-growth strategy with our clients.
Below are examples of our recommend a multi-billion dollar private banking who we are in direct contact with? In most cases no up front fees of any kind is required. If we have this, we can note if we are relaying the instrument through a top bank and which one.
Please get back to us at your convenience to discuss your requirements through a registered financier. More important, they are also designed to eliminate the concerns and perceived risk, that some Investors may harbor with respect to raising Capital successfully! For these reasons, if requested, we will assist the Investors with their up-front Banking cost, the MT cost and in addition, we will deliver to the Investor's Bank, a SBLC for the full value of the invested Funds, as a Security Guarantee.
The cost of the Banking charges, the MT etc For the sake of brevity and clarity, we will provide only salient and key information of the programs. Additional information can be provided upon request. Term : 1Yr. Income Stream. Term : 1 Yr. This program is designed to assist Investors develop their mineral asset deposits and operations. It is intended to provide unrestricted access to non-recourse funding, create jobs and contribute to a viable and growing economy.
The value of the mineral asset deposits will be measured and based on the Geological Engineering Reports confirming the assets on deposit. Once the assets on deposit are confirmed and a value is established, the assets will be insured and monetized. The established and monetized value will then be placed in one of our programs as expressed above. It should be noted that the above special programs are designed for specific project funding and specific Investor requirements.
For experience Investors, we still offer our regular programs with much higher profits. Please feel free to contact me if you require more information. These transactions are based on private placements and do not come under the governance of the SEC. This is merely for the informational and educational purposes and benefit of qualified accredited investors only.
First Edge is a direct agent of this product. We can advise of the following. We are selling under a major known Scottish Company so it will be up to the purchaser to satisfy any and all customs requirements for their destination. Please be aware this is a first come first serve area around the world and only for people who has an indebt knowledge in the liquor industry.
Once they have reviewed our price they will automatically know what deal there getting. If you are interested in this New product please You will be sent 19 Spiced Break Down Cost once you have shown First edge that your company or the main contact on who you think would be prepared to look at this product has the capability to purchase.
Please also note we can supply 1lt, 50cl and 35cl bottles also and should be able to supply mixed cases if required. This must be discussed and agreed beforehand however as the quantity must justify the extra handling etc. The 70cl bottle is the most popular and so that is why I am quoting you for that. If there is a specific market that requires other sizes we will of course try to satisfy the customers request.
This is no different to any other business than it is all about volume! There may be some manoeuvrability on the price but that will be strictly down to the volume ordered. Having said that we do of course want to work with people who knows about product s like this. We will can also supply you with the right procedures and put you in contact with the right sellers that can make you money.
First Edge can safely say it has never lost out on any Gold Deal that why we are getting more and more investors to transact deals for them. The scams can range from a business claiming to be a gold bar, gold dust or gold coin supplier to an individual involved in the shipping, investment or sale of gold. Gold scams are common in West Africa but no country is immune. Scams can take place in any country. In addition to the common gold scams on the internet, gold bars carry an increased risk of forgery due to their less stringent parameters for appearance.
Larger bars have a greater volume that can enable a partial forgery using a tungsten-filled cavity, which is not easy to detect. Fake gold coins are common, and are usually made of gold-plated lead. The purity of a gold bar or coin can be expressed as a decimal figure ranging from 0 to 1, known as the millesimal fineness.
Such rat- ings and quality inspections can be easily manipulated. The quickest way is to go direct to their website in contact us. Mohan K Bellubbi. Bangalore is int'nal airport. E mail 8 Mr. The snake that that man is, is unbelievable. He said that we needed to take Industrial diamonds to Zanzibar for him and that he will pay immediately. Something needs to be done to stop this man. Kaylan Grover Cell : Skype : kaylan. Represented by Passport Number authorised as the Seller with full legal corporate and personal authority, and herein described as The Seller 1.
If the Assay report is issued in the day where there is still substantial banking hours remaining for the buyer to release payment, OR, by midday of the following day of Assay at the refinery, in case the Assay report was issued by the end of banking hours of that day or in such a time when buyer has no time to release payment on the same day.
The ownership of the goods shall pass to the Buyer upon payment of the purchase price in full to the Seller. Each delivery will be pre-advised by the Seller no earlier than two 2 business days in advance. The Seller shall provide the following documents to the Buyer prior to the arrival of the goods at the point of delivery; a. Declaration that the product is free and clear and unencumbered and free of any liens, transferable and exportable. Original Certificate of Origin d. Original Certificate of Ownership e.
Original Certificate of Assayers Report f. Certificate of weight g. Police clearance certificate non criminal declaration h. UN clearance certificate non conflict declaration i. Export Permit and Tax Clearance Certificate.
Boone Pickens has proposed his own.
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Nigerian traders are not restricted to only using Nigerian-based brokers and they can choose from any brokers that accommodate Nigerian traders, which makes it challenging to filter out scam brokers. Is Forex Trading Legal in Nigeria?
Yes, forex trading is legal in Nigeria. However, forex traders in Nigerian must ensure that they deal with a legitimate, well-regulated entity. Why should Nigerian Traders only use regulated brokers? Because it ensures that their funds are protected.
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