 |
Louisiana Light • 2 days | 71.98 | -3.80 | -5.01% | ||
|
Bonny Light • 2 days | 75.03 | -3.52 | -4.48% | ||
|
Opec Basket • 2 days | 78.31 | -1.38 | -1.73% | ||
|
Mars US • 34 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 40 mins | 2.001 | -0.029 | -1.43% |
|
Bonny Light • 2 days | 75.03 | -3.52 | -4.48% | ||
|
Girassol • 2 days | 75.26 | -3.62 | -4.59% | ||
|
Opec Basket • 2 days | 78.31 | -1.38 | -1.73% |
|
Peace Sour • 16 hours | 53.13 | -2.94 | -5.24% | ||
|
Light Sour Blend • 16 hours | 56.98 | -2.94 | -4.91% | ||
|
Syncrude Sweet Premium • 16 hours | 61.58 | -2.94 | -4.56% | ||
|
Central Alberta • 16 hours | 55.13 | -2.94 | -5.06% |
|
Eagle Ford • 2 days | 65.86 | -3.66 | -5.26% | ||
|
Oklahoma Sweet • 2 days | 66.25 | -3.25 | -4.68% | ||
|
Kansas Common • 2 days | 59.75 | -2.75 | -4.40% | ||
|
Buena Vista • 3 days | 78.44 | -0.72 | -0.91% |
What Caused the Dramatic Drop in Lithium Prices?
The price of battery-grade lithium…
Offshore Wind Project Cancellations Add to Copper Demand Concerns
Copper prices remain stagnant amidst…
Copper Prices Inch Higher on Shifting Sentiment
Copper prices are gradually increasing,…
Metals
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
China Dominates Global Steel Industry
Steel is a critical component of modern industry and economy, essential for the construction of buildings, automobiles, and many other appliances and infrastructure used in our daily…
Stainless Steel Remains Buyers Market As Demand Growth Flatlines
By Nichole Bastin via AGMetalminer.com The Stainless Monthly Metals Index (MMI) rose a modest 0.67% from April to…
Tata Steel’s UK Plant Is Struggling To Cope With Rising Costs
By Chistopher Rivituso via AGMetalminer.com Difficult trading conditions and a lack of clarity over state aid have put the future of Tata Steel’s UK plant into doubt.…
Copper Prices Slide Despite Expected Deficit
By Nichole Bastin via AGMetalminer.com Copper prices continued to slide this past month, although not enough to trigger a downward trend. As lower lows have yet to…
Global Platinum Shortage Set To Worsen
The global shortage of platinum is set to worsen in the coming quarters, resulting in one of the most significant deficits in half a century, the World Platinum Investment Council (WPIC)…
Russian Supply Glut Forces LME Aluminum Prices Lower
By Nichole Bastin via AGMetalminer.com Aluminum prices continued to slowly edge downward, but remained within an overall sideways trend. After prices…
Teck Changes Proposal To Separate Metal And Coal Business
By AGMetalminer.com Canadian mining group Teck Resources recently withdrew its proposal to separate its metals and coal companies into two separate assets. The Vancouver-headquartered company…
