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Tuesday, July 25, 2000

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Asian oil prices steady on thin volumes
Oil prices kept steady ranges in Asia on Monday in thin trading, after suffering a body blow in New York last week on growing belief that OPEC powerhouse Saudi Arabia had quietly raised supplies.

Brazilian coffee traders downplay frost damage
Brazilian coffee traders downplayed the government's initial estimates of damage wreaked over the last week by a series of frosts in major growing areas of the world's largest producer.

Precious metals suffer setback on sluggish demand
Gold and silver prices suffered fresh setback on the bullion market on Monday. Standard gold fell by Rs 10 at Rs 4,510 per 10 gm. so was gold .22 carat at Rs 4,170. Prices of gold biscuit (116.50 gm.) dropped by Rs 200 at Rs 52,650 per piece.


  UK wholesale gas trade is fair, says watchdog

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