Tag: crude oil
crude oil
Friday, June 22nd 2012 - 07:49 UTC
World corn glut as Matto Grosso in Brazil doubles crop over last year
Corn fell in Chicago on concern a record harvest in Brazil’s Mato Grosso state may add to a supply glut and on speculation slowing US economic growth will cut demand for grain used to make ethanol.
Published in:
Agriculture, Economy, Brazil, International.
Tuesday, May 8th 2012 - 22:37 UTC
China buying oil from Iran using the Yuan, reveals Teheran ambassador in UAE
China is buying crude oil from Iran using its currency the Yuan, an Iranian diplomat has said. Oil transactions are usually settled in dollars but US sanctions make it difficult for Iran to accept payments in the US currency.
Published in:
Economy, Energy & Oil, International.
