CALGARY, Alberta, Sept 1- ConocoPhillips and Husky Energy Inc announced key milestones in bringing two new oil sands projects online on Tuesday, underlining how some producers in the high-cost sector are boosting production even as crude prices tumble. The Canadian Association of Petroleum Producers forecast in June that oil sands production to hit 3.1...» Read More
While China may currently have the highest number of high net worth individuals in Asia another much smaller regional economy, Indonesia, is expected to see the fastest growth in its millionaire population, according to a report by Swiss private bank Julius Baer.
Larry Kudlow looks at the White House energy policy and whether it's costing thousands of Americans their jobs. Rep. Shelley Moore Capito (R-WV), provides perspective.
After promising for months now a plan to turnaround India’s troubled economy, Prime Minister Manmohan Singh finally delivered on Thursday what’s widely viewed as the boldest measure yet—in the form of a controversial fuel price hike.
In recent years Indonesia, Southeast Asia’s largest economy, has emerged as a darling of foreign investors, but that privileged status may be under threat as its economy shows signs of weakness amid policy changes that are being viewed as protectionist.
Oil prices staged a rally on Wednesday partly due to the escalating turmoil in the Middle East, and analysts who expect the strife to worsen are recommending oil stocks as “a great place to be.”
Prices of commodities such as copper and gold have slumped more than 15 percent this year as investors shun risk assets and demand fell amid a moribund global economy but a demise of the mining industry is “greatly exaggerated,” according to HSBC.
Commodities bulls betting on further easing from major central banks to revive sagging prices may be setting themselves up for disappointment.
China’s GDP grew at its slowest pace in three years in the second quarter, but other less-cited indicators are already signaling that the world’s second-largest economy may be starting to turn around.
Shares of mining giants may have slumped this year on falling demand from China and as investors shun assets but they may be due for a bounce.
U.S. demand for coal is at a 24-year low, and inventories are continuing to build as the global economy slows. Wilbur Ross, WL Ross & Company chairman/CEO, discusses whether investors should expect more trouble ahead for the commodity.
Coal prices in China have fallen almost 20 percent since the beginning of the year, with analysts expecting further declines as inventories remain high and coal mines in China continue to ramp up production.
Having suffered one blow from the Senate this week, King Coal faces another one from the EPA next week.
Richard Anderson, Delta Air Lines CEO, discusses the expansion of international travel, and why his company is looking beyond the U.S. borders for big profits, with CNBC's Phil LeBeau.
CSX chief Michael Ward told CNBC's Squawk Box Wednesday that having "a very diversified portfolio of shipments" overcame a 14 percent decline in coal shipments in the first quarter.
SouthGobi Resources may be about to lose one ‘big brother’ but stands to gain an even larger one with greater clout, if a proposed deal by Chalco to buy Ivanhoe Mining’s controlling stake in the Mongolian-focused coal producer is completed.
India, the world's third largest importer of thermal coal, is expected to start rebuilding inventories in the second quarter of 2012, which could boost shares of thermal coal companies in Southeast Asia, says Macquarie Securities.
The Fast Money traders, along with Paul Forward, Stifel Nicolaus, take a look at the market's decline and what's going on with coal producers, which opened at new, multi-year lows.
Michael Sutherlin, Joy Global president & CEO, discusses his stock's hard landing on yesterday's earnings miss, and its future growth prospects in emerging markets, with Mad Money's Jim Cramer.
Mad Money's Jim Cramer explains why selling CONSOL Energy is one of the easiest calls he's ever made. Coal and natural gas are in the doghouse, and when investors understand the weakness in commodities, they'll understand why this stock can't be owned.
Discussing Glencore's $41B acquisition of Xstrata and its impact on other commodity mergers, with Anthony Young, Dahlman Rose analyst.