Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

The Las Vegas Convention Center will be hosting this year’s Power-Gen International event from Dec. 8 – 10th with more than 1,400 exhibitors looking to attract a record breaking 22,000 visitors. Sulzer will be one of the prominent exhibitors welcoming people from more than 90 countries to see the complete range of products and services on offer.

The Rosemount™ Wireless Pressure Gauge delivers safer and more reliable readings, enabling better visibility of field changes both in the field and remotely

CHART: Strong US dollar turning 2015 into gold's worse run since 1998.

“The floor of this market is in the hands of the top five mining companies."

The industrial metal, often viewed as a barometer of global economic growth, fell to its lowest level since 2009.

The move will help the cash-strapped coal and iron ore miner to continue operating for the short term.

Until early November, the failure at the Canadian Mount Polley copper mine had been the worst such breach in recent years.

After capping the worst stretch of losses ever, silver prices slipped again on Tuesday as analysts predicted more pain for metals markets.