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LBMA Good Delivery refiners produce 400-ounce gold bars or 1000 ounce silver bars (also known as ‘large’ or ‘market’ bars) that conform to the strict specifications described in the Good Delivery Rules. The Good Delivery Rules defines what is acceptable when it comes to the appearance and the shape of the bars themselves.
Most of the members are major international banks or bullion dealers and refiners. The physical characteristics of gold and silver bars used in settlement in market is described by the Good Delivery specification which is a set of rules issued by the LBMA. It also puts forth requirements for listing on the LBMA Good Delivery List of approved ...
Good Delivery gold bar weighing 12.4 kilograms (400 ozt) Good Delivery silver bar weighing 31.1 kilograms (1,000 ozt) The Good Delivery specification is a set of rules issued by the London Bullion Market Association (LBMA) describing the physical characteristics of gold and silver bars used in settlement in the wholesale London bullion market. [1]
Up until the end of September, U.S.-based refiners were a hot place to be for investors. Many of these companies saw stock price appreciation above 50% from Jan. 3 to Sept. 23; Western Refining ...
The single largest concentration of refineries is along the Gulf Coast. [12] Although there are refineries in 30 states, just three states dominate US refining: Texas (47 operating refineries), Louisiana (19), and California (18). As of January 2015, these three states contain 45% of all US refineries and 59% of all US refining capacity. [13]
This is a list of oil refineries. The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
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Governor Gavin Newsom said Thursday he will compel California oil refineries to stockpile additional fuel reserves in an effort to ward off price spikes, marking the latest move in his multi-year ...