 |
Louisiana Light • 1 day | 91.90 | -1.36 | -1.46% | ||
|
Bonny Light • 1 day | 96.05 | -1.12 | -1.15% | ||
|
Opec Basket • 1 day | 95.82 | -1.18 | -1.22% | ||
|
Mars US • 18 hours | 90.45 | -0.90 | -0.99% | ||
|
Gasoline • 10 mins | 2.627 | +0.008 | +0.30% |
|
Bonny Light • 1 day | 96.05 | -1.12 | -1.15% | ||
|
Girassol • 1 day | 97.38 | -0.81 | -0.82% | ||
|
Opec Basket • 1 day | 95.82 | -1.18 | -1.22% |
|
Peace Sour • 10 hours | 84.16 | -0.82 | -0.96% | ||
|
Light Sour Blend • 10 hours | 84.66 | -0.82 | -0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 93.26 | -0.82 | -0.87% | ||
|
Central Alberta • 10 hours | 84.16 | -0.82 | -0.96% |
|
Eagle Ford • 1 day | 86.76 | -0.92 | -1.05% | ||
|
Oklahoma Sweet • 1 day | 86.75 | -1.00 | -1.14% | ||
|
Kansas Common • 2 days | 81.50 | -0.25 | -0.31% | ||
|
Buena Vista • 2 days | 96.15 | -0.03 | -0.03% |
Tata Steel's Port Talbot Set For £1.25 Billion Green Transformation
The UK government and Tata…
China's Economic Resurgence Boosts Global Commodity Prices
China’s economic rebound is fueling…
China’s Credit Growth Boosts Confidence In Iron Ore Markets
Iron ore prices saw a…
Metals
Copper Can Go Up 10 Times, Warns Billionaire Mine-Owner
We have all seen news headlines for lithium, cobalt, nickel, and other rare-earth metals needed for electric vehicle batteries and the entire electricity infrastructure. The Biden administration has…
EU’s Net-Zero Goal Hits India’s Aluminum Sector Hard
Via AG Metal Miner The EU’s implementation of the Cross-Border Adjustment Mechanism (CBAM) poses a significant challenge to India’s aluminum industry and…
Hawkish Fed Spooks Precious Metal Traders
Via AG Metal Miner The Global Precious Metals MMI (Monthly Metals Index) traded sideways month-on-month. Overall, the index fell 2.75% as numerous components lost upward price momentum.…
A Dark Cloud Is Looming Over Chemical Stocks
Warnings from the chemical sector on the outlook for earnings are piling up — just as worrying signs about global demand and economic growth begin to multiply across…
Stainless Steel Prices Dip Despite Nickel Rebound
Via AG Metal Miner The Stainless Monthly Metals Index (MMI) broke to the downside from May to June, with stainless steel prices falling 10.15% After falling over…
India Is Becoming A New Powerhouse In Global Steel Production
Via AG Metal Miner COVID-19, poor demand, and several other factors caused a drop in steel production worldwide the past few years. This included China, which is not…
China’s Stimulus Measures Prop Up Copper Prices
Via AG Metal Miner The Copper Monthly Metals Index (MMI) fell 4.29% from May to June as the average
Aluminum Prices Flatline As LME Grapples With Russian Inventory
Via AG Metal Miner Aluminum prices continue to lack enough strength to form either bearish or bullish trends. Since aluminum…
Infrastructure Projects Provide Support Amid Falling Steel Prices
Via AG Metal MIner The Construction MMI (Monthly Metals Index) stayed within a tight range, but dropped more than in the previous three months. Overall, the index…
Looming Copper Shortage Could Be A Wake-up Call For Big Tech
I'm certainly not the only person who noticed before now that sustaining our increasing consumption of copper would be difficult as I suggested in my July 2022 piece entitled
EU Steel Consumption Predicted To Surge In 2024
Via AG Metal Miner A recent European Steel Association (Eurofer) report said that apparent steel consumption within the…
Dam Rupture Complicates Steel Production In Ukraine
Via AG Metal Miner Ukrainian steelmaker and longs producer ArcelorMittal Kriviy Rih (AMKR) recently stopped steelmaking and rolling operations. A spokesman for the company told MetalMiner…
China’s Gold Buying Spree Continues For Seventh Consecutive Month
In an unabated buying spree, China has continued to expand its gold reserves for a seventh consecutive month, reinforcing the sustained global demand for the precious metal among central banks.…
High Vehicle Costs Dampen Steel Market Momentum
Via AG Metal Miner The Automotive MMI (Monthly Metals Index) broke its sideways trend this past month, inching down 3.36%. Though all components of…
DRC Eyes Peru’s Position As Second-Largest Copper Producer
Via AG Metal Miner There’s a new kid on the block in copper production. Media reports say the Democratic Republic of Congo (DRC)…
The Commodity Price Bubble Has Finally Burst
The epic commodity bull run that took off three years ago and saw commodity prices hit multi-decade highs has finally collapsed. From oil, gas and wheat to lithium,…
Copper Prices Trounced By Falling Demand
By Stuart Burns via AGMetalminer.com At least that’s what the Financial Times reported Goldman Sachs saying this week with regard to the price of copper. The bank…
Five Niche Commodities Reflecting China's Faltering Economic Rebound
China's economic recovery from draconian zero-Covid controls is faltering. Investors had very high hopes earlier this year that the world's second-largest economy would roar back to life and help offset…
Poland Steps Up Gold Buying
Poland is buying gold again. The National Bank of Poland added nearly 15 tons of gold to its reserves in April, according to data published by…
Declining Iron Ore Prices Show China’s Recovery is Still Dragging
The iron ore slump shows that the Chinese economy continues to struggle. Moreover, if things on the steel front do not improve quickly, demand
