 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 3 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 10 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
Construction Costs Remain Elevated Despite Stabilizing Base Metals
The construction industry battles elevated…
China's Rare Earths Strategy, Explained
China's recent discovery of new…
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Can The U.S. Overtake China In The Battery Metal Race?
Over the past few decades, the US-China relationship has evolved into more of a rivalry than anything else. This has left the United States eager to decouple from…
Copper Markets On Edge As Chile Adopts New Constitution
Copper prices rebounded sharply after declines in early May. While prices continue to find a bottom on a macro scale, they remain sideways in…
Are Aluminum Prices About To Break Out?
In Aluminum trading, inventory levels directly linked with price direction continue through 2022. Demand outstripping supply caused falling inventory, and many assume prices are due to rise, except…
Steel Prices Are Sliding
U.S. steel prices continue to retreat. After consistent week-over-week declines, HRC prices now sit more than 15% beneath their late-April peak while plate prices continue to trade sideways…
The LME Is Facing $500 Million In Lawsuits Over Nickel Short Squeeze
Nickel prices appeared to hit a bottom in mid-May, but the trend remains down. Moreover, recent price action showed few signs of any bullish structures on a weekly…
Is The Battery Boom Officially Over?
The term battery metals typically refers to lithium, nickel, and cobalt. The name stems from the fact that the three metals are frequently used in the production of…
China’s New Economic Stimulus Could Bolster Metals Demand
Metal processors and traders throughout China are facing a grim reality today. Thanks to major economic shifts both within the country and without, metals demand has plummeted. Of…
Iron Prices Climb As China Reboots Its Economy
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The Electric Vehicle Boom Has Turned Argentina Into A Lithium Hotspot
Energy companies are showing excitement for lithium, often referred to as white gold, just as they showed great enthusiasm for oil in its heyday, well aware that it’s…
How Would A Carbon Tax Impact The Steel Industry?
Global public opinion seems divided on whether or not to impose a “carbon tax” on the metal and mining sector. This goes double for steel. Depending on which…
The Bears Are Back In Metals Markets
The bears are back in the metal markets, and one of their prime motivators is this year’s dismal prospects for China. A note…
Kazakhstan Cuts Iron Supplies To Russian Steelworks
Kazakhstan’s largest iron ore-enricher has cut supplies to a major steelworks in Siberia as the repercussions of international sanctions against Russia disrupt economic ties between these two members…
Steel Demand Is Taking A Beating As China Lockdowns Persist
The ascent for U.S. steel prices faltered as HRC, CRC, and HDG prices began to fall in early May. Plate prices also took…
Tin Supply Is Running Dangerously Low
Despite a strong rebound in output, the tin market is still dangerously short on supply. How will this affect the tin price forecast? Experts are rushing to weigh…
How Russia’s War Is Impacting Global Metals Prices
From a technical perspective, global aluminum prices began to change their structure in short time frames, which could suggest further price drops. Currently,…
China’s COVID Lockdowns Push Copper Prices Lower
Starting in late April, copper prices began to take out prior lows. It seemed like an attempt to find a bottom and reestablish…
Rare Earths Supply Is About To Get Much Tighter
There’s something afoot on the rare earths front in China. Specifically, the country recently decided that it wants to tighten its export control laws. The regulation passed about…
The Battery Boom Will Redraw Geopolitical Maps
Russia’s invasion of Ukraine has exposed, once again, the vulnerability of the global energy markets and economy to the actions of petrostates with the power to weaponize their…
New Lockdowns In China Are Hindering Global Steel Supply
It’s first-year economics: everything comes down to supply and demand. Historically, the push and pull between these two massive market forces are cyclical, and that includes steel. When…
Experts: U.S. Could Enter Lithium Market In A Very Big Way
The US could enter the lithium market in a very big way. At least, that’s what some experts are claiming. The global demand for lithium is on the…
