 |
Louisiana Light • 2 days | 91.16 | -0.74 | -0.81% | ||
|
Bonny Light • 1 day | 95.60 | -0.40 | -0.42% | ||
|
Opec Basket • 2 days | 95.01 | -0.81 | -0.85% | ||
|
Mars US • 11 hours | 88.73 | -0.10 | -0.11% | ||
|
Gasoline • 12 hours | 2.562 | -0.058 | -2.22% |
|
Bonny Light • 1 day | 95.60 | -0.40 | -0.42% | ||
|
Girassol • 1 day | 96.55 | -0.49 | -0.50% | ||
|
Opec Basket • 2 days | 95.01 | -0.81 | -0.85% |
|
Peace Sour • 1 day | 84.13 | -0.03 | -0.04% | ||
|
Light Sour Blend • 1 day | 84.63 | -0.03 | -0.04% | ||
|
Syncrude Sweet Premium • 1 day | 93.23 | -0.03 | -0.03% | ||
|
Central Alberta • 1 day | 84.13 | -0.03 | -0.04% |
|
Eagle Ford • 2 days | 86.11 | -0.65 | -0.75% | ||
|
Oklahoma Sweet • 2 days | 86.00 | -0.75 | -0.86% | ||
|
Kansas Common • 2 days | 80.00 | -0.50 | -0.62% | ||
|
Buena Vista • 3 days | 95.23 | -0.92 | -0.96% |
Detroit's Auto Giants Reel As UAW Strikes Bite Hard
The ongoing UAW auto strikes…
Germany Grapples With Unprecedented Trade Deficit Amid Russian Energy Crisis
Germany's reliance on Russian energy,…
Beijing Unveils Massive $40 Billion Fund To Boost Chipmaking
China unveils a $40 billion…
Finance
Detroit's Auto Giants Reel As UAW Strikes Bite Hard
One week ago, when previewing the three events that are about to slam U.S. GDP in the tail end of the 3rd and the 4th quarter (including the…
UK Infrastructure Investment Is Falling Behind
The UK has only been able to replace a third of public investment – and just an eighth of infrastructure investment – since leaving the European Union (EU),…
Hurricane Season Stirs Supply Chain Concerns For U.S. Shippers
No one wants a hurricane to make landfall. Among nature’s most damaging events, hurricanes that hit land in the United States usually cause death, destruction and misery. They…
Germany Grapples With Unprecedented Trade Deficit Amid Russian Energy Crisis
Germany is facing severe challenges as its manufacturing output drops, forcing it to import more goods, with strong economic repercussions. Much of this stems from Germany’s reliance on Russian energy,…
Beijing Unveils Massive $40 Billion Fund To Boost Chipmaking
It looks as though the competition in semiconductors between the U.S. and China is only getting started. And hey, when it doubt: nationalize the industry! That…
From Boom To Gloom: China's Economic Momentum Dips
Forecasts for China’s 2023 and 2024 economic growth have been slashed on Wall Street over the past few weeks. The world’s second-largest economy now risks missing Beijing’s own…
Shipping Woes Ease As Rates Drop To Pre-Pandemic Levels
Via Metal Miner Buyers who depend on imports for semi-finished materials or finished components will undoubtedly cheer the recent fall in freight rates.…
Is Beijing Losing Control Of Its Economy?
Via Metal Miner Many speculate that China’s slowdown will not only undermine metal prices but also put China at risk of experiencing a…
London’s Listing Exodus Threatens Its Status As Global Financial Hub
London’s status as a global financial hub may not be at risk – yet – but its equity markets are certainly out of favour with the wider world.…
Used Car Prices Inch Upwards In August, Reigniting Inflation Concerns
Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new data for the first 15 days of August that shows wholesale used-vehicle prices…
Bitcoin Crashes Amid A Wave Of Bearish News
Call it the Bloomberg jinx. One day after the billionaire failed presidential candidate and media mogul's outlet published a report that "Bitcoin’s Extreme Volatility Vanishes Amid ‘Extreme Apathy and…
Russia's Rouble Crisis: Central Bank Hikes Rates To 12%
Russia's central bank unexpectedly hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency move to try and halt the rouble's recent plunge…
Economic Chill In China: Domestic Demand And Property Markets Waver
China’s already “tortuous” recovery from the Covid pandemic continued to stall today as fresh data indicated that domestic demand remained depressed. Figures out this morning showed…
America's Credit Downgrade: A Sign Of The Times Or Tip Of The Iceberg?
Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+. While the downgrade won’t significantly impact the US government’s…
Tesla Stumbles In China As Local Market Favors Home Grown Competitor
Tesla sold 64,285 China-made electric vehicles for the month of July, down 31% from the month prior, according to data from the China Passenger Car Association, reported by
Colombia’s Economic Woes Worsen As Cocaine Prices Plunge
Surging cocaine production, which hit yet another annual record during 2021, makes Colombia the world’s top supplier of the illicit narcotic. The vast profits generated by…
What Really Caused The Inflation Crisis?
International supply chains were stretched by a combination of ports suddenly closing at short notice due to virus outbreaks, workers being forced to stay at home and unusually high goods…
Trans-Pacific Spot Rates Surge As Shipping Capacity Diminishes
Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades. Spot rates have been on the rise for three…
Used-Car Prices On A Steady Decline As Inflation Cools
Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new high-frequency data for the first…
China’s Q2 Miss Sends Shivers Through Oil And Equities Markets
US equity futures were flat, erasing a modest earlier gain, while European stocks and oil retreated as bonds rallied after the latest Chinese data dump delivered more evidence…
