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India eases gold import rule in surprise move
Traders said before the decision that Indiaís gold imports could climb to around 100 tonnes for a third straight month in November.
Oil price seen falling to $60
Fund managers are divided over whether Opec will reach an agreement on cutting output. Bathe put the likelihood at no more than 50 per cent.
US stocks gain on stimulus moves in China, Europe
Prices also won support after European Central Bank chief Mario Draghi signalled readiness to act quickly to deter deflation, sparking fresh stimulus hopes.
Airfare continues to rise despite lower oil prices
Simply put: Airlines have no compelling reason to offer any breaks. Planes are full. Investors want a payout. And new planes are on order.
Oil slides to 4-year lows; gold stable after losses
Gold consumption meanwhile fell slightly in the third quarter as sliding jewellery demand in China offset strong growth in India.
Saudi adds to oil power with new refineries
The two state-of-the-art plants will give it 800,000 barrels per day in refining capacity online in 2015, part of an ambitious downstream drive which will see its refining capacity rise to eight million bpd in a decade.
Oil prices dip after Saudi Arabia cuts sale prices to US
Front-month Brent touched a low of $82.08, its weakest since October 2010, and was down $2.60 at $82.18 a barrel by 1305GMT.
Russia oil output near high amid sanctions
The figure was little changed from Septemberís 10.61 million bpd and a touch under the post-Soviet record high of 10.63 million bpd reached in December.
Oilís slide a blow, not a boon to Asian refiners
Forecasts that crude prices will remain weaker-than-expected into next year have also raised the spectre of big writedowns on crude and product inventories on year-end earnings reports.
Indian gold smuggling loses shine as seizures rise
A customs official said smugglers risked a jail term of up to seven years, though he said such a penalty was rare and the main deterrent was confiscating gold.
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