| 31.12.2010 - Asian hunger drives coal, oil price rise |
| From Smh.com.au: Strong demand from energy hungry Asian economies will drive the price of thermal coal even higher in 2011, as wet weather continues to shrink supplies of major global coal producing regions. Oil prices are also expected to rise in 2011, while analysts have broadly slashed their outlook for natural gas due to an oversupply arising from American coal-seam and shale-gas projects..............................................Full Article: Source |