 |
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 • 4 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 • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 11 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 11 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:
China Begins Work on Massive Afghan Copper Mine
China and the Taliban initiate…
Roughly 13% of Mexican Steel Imports to Face Tariffs Under New Agreement
U.S. and Mexico take action…
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China-Taiwan Conflict Raises Concerns for Semiconductors and Gold
Via SchiffGold.com, American-made weapons will soon be bound for Taiwan, American lawmakers are telling Taiwanese President Lai Ching-te, sending shockwaves…
Extreme Weather and Red Sea Crisis Trigger Commodities Rally
After three years of extreme volatility, many experts predicted that commodities prices would broadly stabilize in 2024. However, adverse weather conditions, escalating geopolitical tensions and soaring shipping costs are turning…
BHP-Anglo Debacle Shines Spotlight on Copper Scarcity
This week saw BHP’s last attempt to acquire fellow miner Anglo American fail. The negotiations had lasted six weeks, the offer prices were hiked twice, and yet the deal broke…
U.S. Steel Tariffs Send Shockwaves Through Indian Steel Industry
Via Metal Miner India’s steel industry currently finds itself in a stressful predicament. Already reeling from cheap steel imports, the country is now…
Europe’s Steel Industry Set for Major Shakeup
Via Metal Miner Liberty Steel recently triggered a review of its downstream flat rolling assets in Western Europe. The firm’s parent company, GFG…
AngloAmerican Dumps Coal, Platinum and Diamonds to Focus on Core Business
Via Metal Miner AngloAmerican plans to divest several assets under its plans to simplify its portfolio, including coking coal. The move follows the…
Surging Commodity Prices Re-Ignite Inflation Fears
By Garfield Reynolds, Bloomberg Markets Live reporter and strategist Surging commodity prices are threatening to bring inflation back through a door that investors thought central banks…
What's Behind the Recent Rally in Copper Prices?
The price of copper has surged to an all-time high this week, and in doing so, it broke the $11,000-per-ton mark for the first time ever. The landmark…
A Looming Copper Bottleneck Could Derail the Energy Transition
A new report from the International Energy Forum warns that global copper production may soon be critically outpaced by soaring global demand for the metal, which is a key component…
China’s Iron Ore Imports Expected to Hit Record High This Year
Via AGMetalminer.com If iron ore is in the news, can China be far behind? Contrary to earlier predictions, China may end up importing a record consignment of…
What Could Derail The Copper Rally?
Via MetalMiner.com Overall, the Copper Monthly Metals Index (MMI) rose 17.36% from April to May. The copper price uptrend accelerated throughout April. Bullish momentum saw prices surge nearly…
Jeff Currie: Copper Is The Best Trade Of My Career
A couple of years ago, commodity pundits predicted that the green metal quartet of copper, lithium, nickel and cobalt would become the new age oil rivaling the total value of…
British Steel Plans to Build Electric Arc Furnace at Scunthorpe Site
Via Metal Miner British Steel recently secured permission from the local authorities to build an electric arc furnace at its Scunthorpe site in…
Are High Commodity Prices Becoming a Problem for the Fed?
About a month ago, HSBC Global Research noted a forecast for a "weak" bull market in commodities. New data shows that the US…
EU Courts Kazakhstan and Uzbekistan for Critical Raw Materials
Via Metal Miner Ramped-up offshore exploration for rare earth metals and minerals, vital components in sought-after products like hybrid vehicles and smartphone screens,…
Anglo-American Pivots to Copper Amid BHP's Hostile Takeover Bid
London-listed Anglo-American has unveiled a "clear, compelling, and decisive plan to unlock significant value from its portfolio." This strategy involves selling its platinum and diamond business units while concentrating…
Trafigura Dumps Over 400,000 Tons of Aluminum into LME Warehouses
Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) rose 7.06% from April to May.
Copper Mining Stocks Poised to Benefit from Growing Demand
Copper is essential for clean energy applications such as solar panels, wind turbines, and electric vehicles (EVs), as well as for expanding electrical grids. The surge…
U.S. Unveils Ambitious Plans to Boost Domestic Lithium Production
The U.S. has big plans for lithium production in the coming years as it ramps up output to support the rollout of utility-scale battery storage and greater electric vehicle (EV)…
Bearish Nickel Prices Squeeze Steel Mill Earnings
Via Metal Miner Nickel prices followed other base metals up throughout April, with a nearly 15% month-over-month rise. By late…
