 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 8 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 15 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 15 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 15 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 15 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Morgan Stanley Predicts Massive Investments in U.S. Metals and Mining
Morgan Stanley predicts a revival…
Aluminum Prices Chase 2023 Highs
Aluminum prices continue to rally,…
Metals / Commodities
Metals Rise Across The Board After OPEC Agreement
Yesterday, the Organization of Petroleum Exporting Countries finalized a deal to cut production by 1.2 million barrels a day starting in January, its first reduction since 2008. The production deal…
Copper Prices To Rocket In 2017
Warnings of a potential surge coming in global copper prices this week. Emerging from a place few observers in the space are focused on. The southern Africa producing nation of…
Copper Markets On The Move As China Seals Peruvian Mega Deal
Big deal reached this past week in one of the world’s rising-star nations for copper production. Peru. It didn’t get much press, but one of Peru’s biggest copper mines has…
Platinum Crisis Averted As Miners Strike Deal With Unions
Major development in the global platinum sector this week. With miners in the world’s top-producing nation South Africa apparently having reached a deal with mineworkers to avert major strike action.…
A Serious Warning From The World’s No.1 Copper Nation
Rough week for the South American copper mining sector. With reports from Peru suggesting that at least one person was killed by police in violent protests against the massive…
This Oil Nation Is About To Kick Start Mining With A $500M Fund
Lots of interesting mining opportunities emerging these last few weeks — on one particular continent. Africa. Uganda, for example, said last Wednesday that it will improve rules around landowner…
Turmoil In The Philippines Sees Nickel Prices Jump
Big day for nickel yesterday. With prices leaping nearly 20 cents on the day to near $4.60 per pound — marking a nearly 5% move in a matter of hours.…
These Backroom Talks Could Seal The Fate Of The World’s No.1 Copper Miner
Whispers of a possible game-changing deal in the copper market yesterday. Arising out of emergency talks being held for the world’s top mining firm. Chile’s state miner Codelco. Local Chilean…
Nigeria To Jump Start Mining Activity With 3 Year Tax Break
Governments are starting to take drastic action in helping the beaten-down mining sector. With Polish lawmakers announcing this week they may give tax breaks to state copper…
The World’s Inventory Of This Rare Metal Has Quietly Fallen To Zero
Here’s a story you haven’t heard anything about. But which might vault into the headlines of the mining investment world very, very soon. World molybdenum stocks are nearly…
South African Platinum Faces Imminent Crisis
Six weeks ago I wrote about a possible coming crisis for the platinum sector. With mineworkers unions in top producer South Africa tabling demands for substantial wage…
Why Is Rio Tinto Giving Diamonds Away For Free?
It’s not often that quality mining assets come up for sale. And it’s even rarer they’re given away for free. But news this week suggests that’s exactly what’s…
Why Cost Cutting Might End Up Endangering Copper Markets
Commodities downturns aren’t completely bad for producers. One upside — lulls in the market often bring operating and capital costs down, as competition for labor, supplies and services…
Miners Reel From Increased Government Intervention In Major Projects
I find myself writing a lot about governments lately. With moves in the global legal and regulatory space seemingly coming fast and furious recently for resource companies. And this week…
Commodity Prices Jump As Philippines’ Government Cracks Down On Miners
Attention global mining industry. Things are getting dire this week in the Philippines. Potential problems have been looming in this important copper, gold and nickel nation since the…
Platinum Prices Might Explode If Unions And Miners Can’t Agree
It’s crunch time for global platinum. With events kicking off this week that could radically change the outlook for supply — and prices — over the coming weeks…
Bad News For Miners: Cash Strapped Governments Up Royalties
Governments in resource-rich nations worldwide are still scrambling to adjust to lower commodities prices. With officials in a number of countries making significant moves this week to fix…
These Key Investors Just Withdrew $1B Out Of The Mining Sector
This past weekend, I discussed the problems facing big natural resource investment funds. Noting how deep-pocketed buyers have been unable to find quality assets to pick up, even at…
This Could Be A Major Red Flag For The World’s No.1 Copper Nation
Expansive study on global copper released this past week — from a top authority in the world’s largest producing nation, Chile. That came from the government-run Chilean Copper…
South Africa’s Platinum Production Halted By Unions
The story on major labour issues in South Africa’s platinum sector took a deadly turn this week, leading to the first mine shutdown of the year. That came at…
