 |
Louisiana Light • 3 days | 79.87 | -1.70 | -2.08% | ||
|
Bonny Light • 23 hours | 89.02 | +2.20 | +2.53% | ||
|
Opec Basket • 2 days | 89.81 | +0.31 | +0.35% | ||
|
Mars US • 7 hours | 80.85 | +3.20 | +4.12% | ||
|
Gasoline • 12 mins | 2.568 | -0.010 | -0.39% |
|
Bonny Light • 23 hours | 89.02 | +2.20 | +2.53% | ||
|
Girassol • 23 hours | 88.85 | +2.38 | +2.75% | ||
|
Opec Basket • 2 days | 89.81 | +0.31 | +0.35% |
|
Peace Sour • 22 hours | 72.75 | +1.79 | +2.52% | ||
|
Light Sour Blend • 22 hours | 74.05 | +1.79 | +2.48% | ||
|
Syncrude Sweet Premium • 22 hours | 83.00 | +1.79 | +2.20% | ||
|
Central Alberta • 22 hours | 72.35 | +1.79 | +2.54% |
|
Eagle Ford • 2 days | 74.98 | +1.79 | +2.45% | ||
|
Oklahoma Sweet • 3 days | 73.25 | -2.00 | -2.66% | ||
|
Kansas Common • 37 days | 84.00 | +3.50 | +4.35% | ||
|
Buena Vista • 3 days | 86.42 | -2.03 | -2.30% |
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Metals
Battery Metal Supply Woes Could Upset The EV Boom
The Automotive MMI (Monthly Metals Index) experienced another decline from June to July. After a -6.53 drop last month, the 30-day price change jumped to -7.77%. As with…
Mining Industry Warns Energy Transition Isn’t Sustainable
The energy transition has been set by politicians as the only way forward for human civilization. Not every country on the planet is on board with it, but…
Nickel Prices Surge As UK Sanctions Major Russian Miner
The UK government has added Vladimir Potanin, Norilsk Nickel’s president and chairman of the management board, to its list of sanctioned individuals. The LME nickel price remains in…
Recession Fears Could Derail The Global Metals Boom
Mexico’s steel metal market recently saw a slowdown, leading experts to believe that Mexico’s industrial metal market may soon turn bearish. Flat steel prices, along…
G7 Targets Russian Gold In Latest Blow To Moscow
On Sunday the Biden admin alongside the G7 announced that they will ban Russian gold imports to "further impose financial costs on Moscow for its invasion of Ukraine."…
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…
Gold And Silver Prices Slip Despite Soaring Inflation
The Automotive MMI (Monthly Metals Index) experienced a slight decline from May into June. The 30-day price change was roughly -9.55, a -6.52% drop. As with last month,…
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
It’s still touch-and-go for the steel sector in China despite the sprouting of the first shoots of a possible manufacturing recovery. However, last Monday, benchmark iron ore prices…
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…
