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<title><![CDATA[IBTimes.com : Commodities]]></title>
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  <title><![CDATA[Short-Term Politics Stifles Pentagon's Green Energy Ambitions]]></title>
  <description><![CDATA[The US Defense Department consumes more energy than any other department or sector in the country, spending around $20 billion annually by some estimates; but ambitious plans to make it the nation&#039;s green leader have been swept under the rug over budgetary concerns that smack of campaign politics.]]></description>
  <guid>http://www.ibtimes.com/articles/346984/20120530/short-term-politics-stifles-pentagon-s-green.htm</guid>
  <link>http://www.ibtimes.com/articles/346984/20120530/short-term-politics-stifles-pentagon-s-green.htm</link>
  <pubDate>Wed, 30 May 2012 19:20:54 GMT</pubDate>
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  <title><![CDATA[WTI Crude Oil Reaches 88 Swing Projection; Downside Risk is Down to 75]]></title>
  <description><![CDATA[In the previous update, we saw a break from consolidation in the 4H WTI Crude Oil cart. Well, there was a &quot;shakeout&quot;, or another leg up to 92.20, before the breakout occurred. Oil price is now breaking below 88.00 in the 5/30 US trading session. This completes the swing projection target, maintaining the bearish momentum and suggests yet further downside.]]></description>
  <guid>http://www.ibtimes.com/articles/346959/20120530/wti-crude-oil-reaches-88-swing-projection.htm</guid>
  <link>http://www.ibtimes.com/articles/346959/20120530/wti-crude-oil-reaches-88-swing-projection.htm</link>
  <pubDate>Wed, 30 May 2012 18:12:11 GMT</pubDate>
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  <title><![CDATA[The Energy Report - The Pain in Spain]]></title>
  <description><![CDATA[The pain is Spain drives down the grains. Not to mention oil, gold and silver. A Spanish downgrade and a vote of no confidence by the Belgium National Bank put the market into deflationary mode as the euro sank to a two-year low sending oil to perhaps its biggest monthly loss in almost three years. Eagan-Jones downgraded Spain&#039;s debt to bb- from b and left the country on a negative outlook.]]></description>
  <guid>http://www.ibtimes.com/articles/346955/20120530/energy-report-pain-spain.htm</guid>
  <link>http://www.ibtimes.com/articles/346955/20120530/energy-report-pain-spain.htm</link>
  <pubDate>Wed, 30 May 2012 17:58:59 GMT</pubDate>
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  <title><![CDATA[Markets Slump as Italy Auction Misses Expectations, US and EZ Data Disappoint]]></title>
  <description><![CDATA[Financial markets tumbled in US morning amid disappointing macroeconomic data and lingering concerns over the Eurozone. Wall Street opened lower with both DJIA and S&P 500 losing more than -1.0%. In the commodity sector, crude oil slumped with the front-month WTI crude oil breaking below 90 and diving to 87.]]></description>
  <guid>http://www.ibtimes.com/articles/346933/20120530/markets-slump-italy-auction-misses-expectations-ez.htm</guid>
  <link>http://www.ibtimes.com/articles/346933/20120530/markets-slump-italy-auction-misses-expectations-ez.htm</link>
  <pubDate>Wed, 30 May 2012 16:34:52 GMT</pubDate>
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  <title><![CDATA[Assets Slashed as North America Awaits Data]]></title>
  <description><![CDATA[With Europe rattling markets and the rush to dollars, traders have dragged down Brent Crude to cap-off what looks to be its worst performance in two years.]]></description>
  <guid>http://www.ibtimes.com/articles/346908/20120530/brent-crude-west-texas-intermediate-imoneywire-non.htm</guid>
  <link>http://www.ibtimes.com/articles/346908/20120530/brent-crude-west-texas-intermediate-imoneywire-non.htm</link>
  <pubDate>Wed, 30 May 2012 15:40:29 GMT</pubDate>
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  <title><![CDATA[The Nemenoff Report Bonds Higher, S&P's Lower, Silver Lower]]></title>
  <description><![CDATA[June Bonds are currently 1&#039;06 higher at 149&#039;00 and the 10 Yr. Note 15 higher at 133&#039;10. Yields continue to drop in an ongoing &quot;flight to quality&quot; as China denies reports of a stimulus program and Spain has problems attracting the capital from the international community to recapitalize their banks.]]></description>
  <guid>http://www.ibtimes.com/articles/346875/20120530/nemenoff-report-bonds-higher-s-p-lower.htm</guid>
  <link>http://www.ibtimes.com/articles/346875/20120530/nemenoff-report-bonds-higher-s-p-lower.htm</link>
  <pubDate>Wed, 30 May 2012 14:28:47 GMT</pubDate>
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  <title><![CDATA[Pre-Opening Corn Market Report for 5/30/2012]]></title>
  <description><![CDATA[July corn was trading near unchanged into 7:30 AM central time. Outside market forces look negative today with a strong US dollar and weakness in equity markets. July corn appears to be in a long liquidation mode as fund traders are already rolling positions to the new crop and this could continue just ahead.]]></description>
  <guid>http://www.ibtimes.com/articles/346839/20120530/pre-opening-corn-market-report-5-30.htm</guid>
  <link>http://www.ibtimes.com/articles/346839/20120530/pre-opening-corn-market-report-5-30.htm</link>
  <pubDate>Wed, 30 May 2012 13:24:16 GMT</pubDate>
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  <title><![CDATA[Pre-Opening Wheat Market Report]]></title>
  <description><![CDATA[July wheat was trading 7 3/4 cents lower near 7:30 am cst. Outside market forces look negative today with a stronger US dollar and weakness in equity markets. While the winter wheat crop conditions are deteriorating, the harvest is also advancing and spring wheat looks favorable and this has helped to add to the selling pressure recently.]]></description>
  <guid>http://www.ibtimes.com/articles/346838/20120530/pre-opening-wheat-market-report.htm</guid>
  <link>http://www.ibtimes.com/articles/346838/20120530/pre-opening-wheat-market-report.htm</link>
  <pubDate>Wed, 30 May 2012 13:23:32 GMT</pubDate>
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  <title><![CDATA[Pre-Opening Soy Complex Market Report]]></title>
  <description><![CDATA[July soybeans were trading 11 3/4 cents lower near 7:30 cst. China futures closed up 0.3% and up for the third session in a row while Palm oil futures fell 2.1% breaking a 4-session winning streak. Chinese stocks resumed a downward pattern overnight as recent Chinese stimulus hopes were reduced once again by regional media sources.]]></description>
  <guid>http://www.ibtimes.com/articles/346837/20120530/pre-opening-soy-complex-market-report.htm</guid>
  <link>http://www.ibtimes.com/articles/346837/20120530/pre-opening-soy-complex-market-report.htm</link>
  <pubDate>Wed, 30 May 2012 13:22:25 GMT</pubDate>
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  <title><![CDATA[Morning Natural Gas Market Report]]></title>
  <description><![CDATA[Follow through weakness in July natural gas pressured prices down to their lowest level since May 8th during the early morning hours. Some traders indicated that natural gas came under active selling pressure during yesterday&#039;s session in the wake of June contract expiration.]]></description>
  <guid>http://www.ibtimes.com/articles/346836/20120530/morning-natural-gas-market-report.htm</guid>
  <link>http://www.ibtimes.com/articles/346836/20120530/morning-natural-gas-market-report.htm</link>
  <pubDate>Wed, 30 May 2012 13:20:49 GMT</pubDate>
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  <title><![CDATA[Morning Heating Oil Market Report]]></title>
  <description><![CDATA[July heating oil prices came under added downside pressure during the overnight and initial morning hours and fell to their lowest level since December 19. Some traders indicated that the heating oil market remained tightly linked to weakness in Brent crude oil.]]></description>
  <guid>http://www.ibtimes.com/articles/346835/20120530/morning-heating-oil-market-report.htm</guid>
  <link>http://www.ibtimes.com/articles/346835/20120530/morning-heating-oil-market-report.htm</link>
  <pubDate>Wed, 30 May 2012 13:19:54 GMT</pubDate>
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  <title><![CDATA[Morning Gasoline Market Report]]></title>
  <description><![CDATA[July RBOB prices broke down to a new three day low during the early morning hours but managed to hold above last week&#039;s low. Renewed concerns over Spain&#039;s banking sector weighed heavily on risk-taking sentiment this morning, and further weakness in the crude oil market has put added pressure on gasoline prices.]]></description>
  <guid>http://www.ibtimes.com/articles/346834/20120530/morning-gasoline-market-report.htm</guid>
  <link>http://www.ibtimes.com/articles/346834/20120530/morning-gasoline-market-report.htm</link>
  <pubDate>Wed, 30 May 2012 13:18:31 GMT</pubDate>
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  <title><![CDATA[Morning Crude Oil Market Report]]></title>
  <description><![CDATA[July crude oil prices soldoff into a new low for the decline during the initial morning hours, pressured by renewed concerns over Spain&#039;s banking sector and reduced chances for a big round of Chinese stimulus. It seemed that growing uncertainty in Europe pushed Brent crude oil prices into new low ground for the decline and to their lowest level since December 2011.]]></description>
  <guid>http://www.ibtimes.com/articles/346832/20120530/morning-crude-oil-market-report.htm</guid>
  <link>http://www.ibtimes.com/articles/346832/20120530/morning-crude-oil-market-report.htm</link>
  <pubDate>Wed, 30 May 2012 13:17:25 GMT</pubDate>
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  <title><![CDATA[Morning Copper Market Report]]></title>
  <description><![CDATA[The copper market came under pressure overnight as Chinese economic stimulus hopes were diminished by news reports, and Asian copper prices quickly responded with a heavy selloff. While the market disappointment with Chinese stimulus hopes could be altered with official dialogue from China, concerns with the debt problems in Europe may not be as easily resolved.]]></description>
  <guid>http://www.ibtimes.com/articles/346831/20120530/morning-copper-market-report.htm</guid>
  <link>http://www.ibtimes.com/articles/346831/20120530/morning-copper-market-report.htm</link>
  <pubDate>Wed, 30 May 2012 13:16:17 GMT</pubDate>
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  <title><![CDATA[Iraq Pressures Western Oil Companies In Dispute With Kurdistan]]></title>
  <description><![CDATA[Iraqi officials on Tuesday said their country&#039;s next oil lease auction will not allow companies to sign contracts with Iraq&#039;s semi-autonomous northern region of Kurdistan.]]></description>
  <guid>http://www.ibtimes.com/articles/346821/20120530/exxon-mobil-iraq-kurdistan-lease-auction-exploration.htm</guid>
  <link>http://www.ibtimes.com/articles/346821/20120530/exxon-mobil-iraq-kurdistan-lease-auction-exploration.htm</link>
  <pubDate>Wed, 30 May 2012 12:42:48 GMT</pubDate>
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  <title><![CDATA[EU Vs China on Subsidies]]></title>
  <description><![CDATA[The European Union reportedly poised to launch trade cases against telecom equipment makers in China accusing them of getting subsidies and now Beijing is set to investigate if the EU is actually illegally subsidizing its industries.]]></description>
  <guid>http://www.ibtimes.com/articles/346812/20120530/eu-vs-china-subsidies.htm</guid>
  <link>http://www.ibtimes.com/articles/346812/20120530/eu-vs-china-subsidies.htm</link>
  <pubDate>Wed, 30 May 2012 12:18:08 GMT</pubDate>
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  <title><![CDATA[Corn, Hogs, Wheat Agriculture Futures]]></title>
  <description><![CDATA[Wheat futures settled mostly 0.15 to 0.23 lower in Chicago, 0.20 to 0.22 lower in Kansas City and mostly 0.12 to 0.20 lower in Minneapolis. That was a low-range close in most contracts. Futures did not stray far from those levels in after-hours trade. Wheat futures were weighted down by seasonal pressure Tuesday.]]></description>
  <guid>http://www.ibtimes.com/articles/346810/20120530/corn-hogs-wheat-agriculture-futures.htm</guid>
  <link>http://www.ibtimes.com/articles/346810/20120530/corn-hogs-wheat-agriculture-futures.htm</link>
  <pubDate>Wed, 30 May 2012 12:16:09 GMT</pubDate>
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  <title><![CDATA[Commodities Sink as Market-Wide Risk Appetite Unravels Anew]]></title>
  <description><![CDATA[Commodity prices are trading sharply lower as risk aversion grips financial markets. Sentiment-sensitive crude oil and copper prices are following stocks lower while gold and silver face de-facto selling pressure as haven flows boost the US Dollar.]]></description>
  <guid>http://www.ibtimes.com/articles/346778/20120530/commodities-sink-market-wide-risk-appetite-unravels.htm</guid>
  <link>http://www.ibtimes.com/articles/346778/20120530/commodities-sink-market-wide-risk-appetite-unravels.htm</link>
  <pubDate>Wed, 30 May 2012 11:19:24 GMT</pubDate>
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  <title><![CDATA[Oil Price Falls]]></title>
  <description><![CDATA[Crude Oil trades at weekly low, US inventory rising. Crude Oil traded near the lowest mark in almost a week in New York before a government report that may show Crude stockpiles rose to the highest level since Y 1990 in the US, the World&#039;s biggest consumer of Crude Oil.]]></description>
  <guid>http://www.ibtimes.com/articles/346777/20120530/oil-price-falls.htm</guid>
  <link>http://www.ibtimes.com/articles/346777/20120530/oil-price-falls.htm</link>
  <pubDate>Wed, 30 May 2012 11:16:49 GMT</pubDate>
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  <title><![CDATA[Long-term Prices of Uranium On The Upswing]]></title>
  <description><![CDATA[Long-term prices of uranium have been on the upswing, a first since the devastating 2011 Fukushima nuclear crisis that not only affected Japan but the entire uranium industry as well, the Financial Post reported, citing information from the trade publication Ux Consulting.]]></description>
  <guid>http://www.ibtimes.com/articles/346749/20120530/japan-uranium-nuclear-fukushima.htm</guid>
  <link>http://www.ibtimes.com/articles/346749/20120530/japan-uranium-nuclear-fukushima.htm</link>
  <pubDate>Wed, 30 May 2012 09:35:58 GMT</pubDate>
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  <title><![CDATA[Indian Consortium To Discuss Equity Sharing After Due Diligence Work Finished On Afghanistan Copper, Gold Reserves]]></title>
  <description><![CDATA[The Indian consortium that will mine copper and gold in Afghanistan is expected to meet on the first week of June to discuss each member&#039;s equity shareholding after due diligence work on the mineral deposits has been completed.]]></description>
  <guid>http://www.ibtimes.com/articles/346723/20120530/copper-gold-afghanistan-india-canada.htm</guid>
  <link>http://www.ibtimes.com/articles/346723/20120530/copper-gold-afghanistan-india-canada.htm</link>
  <pubDate>Wed, 30 May 2012 08:41:57 GMT</pubDate>
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  <title><![CDATA[Peabody’s Australian Coal Mine Being Eyed by South Korea’s LG International]]></title>
  <description><![CDATA[Wilkie Creek coal mine, U.S. firm Peabody Energy Corp.&#039;s asset in Australia, is being eyed for possible acquisition by South Korea&#039;s LG International.]]></description>
  <guid>http://www.ibtimes.com/articles/346722/20120530/south-korea-coal.htm</guid>
  <link>http://www.ibtimes.com/articles/346722/20120530/south-korea-coal.htm</link>
  <pubDate>Wed, 30 May 2012 08:40:31 GMT</pubDate>
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  <title><![CDATA[Australian Stock Market Report – Afternoon 5/30/2012]]></title>
  <description><![CDATA[The Australian sharemarket lost ground for the first time this week, with the All Ordinaries Index (XAO) easing by 0.5 pct or 19.5 pts to 4148.7. The market gained by around 1 pct yesterday and on Monday but could not continue the winning streak. At its low point of the day, shares were down by 1 pct, while the market was flat at its best.]]></description>
  <guid>http://www.ibtimes.com/articles/346720/20120530/australian-stock-market-report-afternoon-5-30.htm</guid>
  <link>http://www.ibtimes.com/articles/346720/20120530/australian-stock-market-report-afternoon-5-30.htm</link>
  <pubDate>Wed, 30 May 2012 08:37:52 GMT</pubDate>
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  <title><![CDATA[Brent stays below $107, heading for worst month in 2 years]]></title>
  <description><![CDATA[Oil prices fell for a second straight session on Wednesday, with Brent staying under $107 per barrel, as risk aversion gripped markets after Spain&#039;s credit rating downgrade stoked fears of a worsening euro zone crisis denting demand outlook.]]></description>
  <guid>http://www.ibtimes.com/articles/346693/20120530/brent-stays-below-107-heading-worst-month.htm</guid>
  <link>http://www.ibtimes.com/articles/346693/20120530/brent-stays-below-107-heading-worst-month.htm</link>
  <pubDate>Wed, 30 May 2012 07:19:48 GMT</pubDate>
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  <title><![CDATA[Sentiment Damped as China Denies Stimulus. Spain Conditions Deteriorate]]></title>
  <description><![CDATA[Positive market sentiment proved to be short-lived and investors trimmed their positions after the Chinese government denied plans to add stimulus to boost domestic economic growth. Deterioration in macroeconomic conditions in Spain and further rating downgrade sent the euro below 1.25 against the greenback. Gold was hit hard with the benchmark Comex contract plunging -1.29% to settle at 1548.7.]]></description>
  <guid>http://www.ibtimes.com/articles/346688/20120530/sentiment-damped-china-denies-stimulus-spain-conditions.htm</guid>
  <link>http://www.ibtimes.com/articles/346688/20120530/sentiment-damped-china-denies-stimulus-spain-conditions.htm</link>
  <pubDate>Wed, 30 May 2012 07:11:57 GMT</pubDate>
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  <title><![CDATA[Japan Brings In LNG From Far Away Brazil and Spain, A First]]></title>
  <description><![CDATA[Up on its toes to fill its energy requirements, Japan, for the first time ever, has imported liquefied natural gas (LNG) even from as far as Spain and Brazil.]]></description>
  <guid>http://www.ibtimes.com/articles/346645/20120530/japan-spain-brazil-lng-oil.htm</guid>
  <link>http://www.ibtimes.com/articles/346645/20120530/japan-spain-brazil-lng-oil.htm</link>
  <pubDate>Wed, 30 May 2012 05:19:50 GMT</pubDate>
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  <title><![CDATA[Origin Energy Ponders A$1B Share Sale for Australia Pacific LNG]]></title>
  <description><![CDATA[Origin Energy Limited, nearing a final investment decision on the second stage of its Australia Pacific LNG (APLNG) project, has been reportedly pondering a A$1 billion ($985 million) share sale.]]></description>
  <guid>http://www.ibtimes.com/articles/346614/20120530/origin-energy-lng-conocophillips-china-sinopec.htm</guid>
  <link>http://www.ibtimes.com/articles/346614/20120530/origin-energy-lng-conocophillips-china-sinopec.htm</link>
  <pubDate>Wed, 30 May 2012 03:32:00 GMT</pubDate>
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  <title><![CDATA[Australian Stock Market Report – Midday 5/30/2012]]></title>
  <description><![CDATA[Local stocks are coming off the recent two day rally, despite gains on US and European share markets overnight. US stocks resumed from the long weekend holiday to gain more than one percent, while European markets recorded healthy gains thanks to cyclical stocks. Profit takers though appear to have moved in on the local share market, with the All Ordinaries Index (XAO) down 35.4pts or 0.]]></description>
  <guid>http://www.ibtimes.com/articles/346611/20120530/australian-stock-market-report-midday-5-30.htm</guid>
  <link>http://www.ibtimes.com/articles/346611/20120530/australian-stock-market-report-midday-5-30.htm</link>
  <pubDate>Wed, 30 May 2012 03:18:41 GMT</pubDate>
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  <title><![CDATA[Rinehart, India GVK Power's $6.4B Coal Mine Project Approved by Queensland]]></title>
  <description><![CDATA[The state government of Queensland in Australia on Tuesday has given a conditional stamp of approval to the $6.4 billion joint project of India&#039;s GVK Power & Infrastructure and Hancock Coal owned by the world&#039;s richest woman, Australian mining billionaire Gina Rinehart.]]></description>
  <guid>http://www.ibtimes.com/articles/346590/20120530/coal-rinehart-india-jobs.htm</guid>
  <link>http://www.ibtimes.com/articles/346590/20120530/coal-rinehart-india-jobs.htm</link>
  <pubDate>Wed, 30 May 2012 00:57:45 GMT</pubDate>
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  <title><![CDATA[China May Start Working on Deep-Sea Mining Technology]]></title>
  <description><![CDATA[Out to conquer every probable location of natural resource in the world, China,  is mulling to start working on developing its deep-sea mining technology by as early as 2030, state news agency Xinhua News reported.]]></description>
  <guid>http://www.ibtimes.com/articles/346588/20120530/china-mining-iron-manganese-nickel-cobalt-aluminum.htm</guid>
  <link>http://www.ibtimes.com/articles/346588/20120530/china-mining-iron-manganese-nickel-cobalt-aluminum.htm</link>
  <pubDate>Wed, 30 May 2012 00:55:24 GMT</pubDate>
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