 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.758 | +0.000 | +0.00% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 13 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 13 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 13 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 13 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Gold Surges Past S&P 500 in Five-Year Growth
Gold has outperformed the S&P…
Anglo-American's Share Price Soars on BHP Buyout Talks
BHP's proposed acquisition of Anglo…
New Russian Sanctions Spark Metal Market Volatility
Sanctions on Russian copper, aluminum,…
Metals
Precious Metals Feel The Heat As Fed Keeps Interest Rates High
Via Metal Miner In recent weeks, leading up to the end of the month, indices like the S&P500 and metals like silver and…
Copper's Price Curve Hasn't Looked Like This In Decades
The copper market is in a state of extreme contango—a state of the futures curve where futures contracts trade at a premium to the spot price and signal weak prompt…
The Metals Behind Our Clean Energy Future
A very observant longtime friend of mine opined recently that the clean energy economy is really just a metals energy economy where metals provide the basis for energy…
How Tech Is Shaping The Future Of Metal Mining
Via Metal Miner As we approach 2023, the metal mining industry teeters on a precipice of unprecedented change and challenge. Such challenges range…
Gold And Silver Prices Teeter Near Support Zones
Via Metal Miner Month-over-month, the Precious Metals MMI (Monthly Metals Index) witnessed almost no movement and narrowly missed…
India's Rising Aluminum Appetite Shakes Global Market Dynamics
Via Metal Miner In an otherwise down market staring at a slow recovery in 2023, only India stands apart from the rest of…
Copper Prices Stuck As Stockpiles Skyrocket
Via Metal Miner The Copper Monthly Metals Index (MMI) moved sideways from August to September, dropping just 1.36%.…
Unprecedented Gold Hoarding By Central Banks Heralds Financial Sea Change
My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous record from 1965. The new high confirms the world has entered a…
Are Consumers Willing To Pay A Premium For Low-Carbon Aluminum?
Via Metal Miner LME aluminum prices edged sideways throughout August, with a modest 1.69% month-over-month rise. Meanwhile,…
Aluminum Oxide Shortage Pushes Russia To Diversify Supply Chain
Via Metal Miner A somewhat desperate Russia has made some interesting moves relating to its need for aluminum oxide, also known as alumina. Recent reports indicate that the…
Historic UAW Strike Spells Uncertainty For Steel Prices
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a 2.83% decline from August…
Tata Steel's Port Talbot Set For £1.25 Billion Green Transformation
Via Metal MIner The UK government and Mumbai-headquartered Tata Steel have reached a preliminary agreement over a…
Is The LME Losing Its Grip On Global Nickel Pricing?
Via Metal Miner The nickel price index continued to trend downward, as it fell to its lowest level since July…
Yen's Dramatic Slide Triggers Unexpected Gold Rush In Japan
A gold-buying frenzy in hyperinflating banana-republic basket cases such as Venezuela, Zimbabwe, Argentina or Turkey makes sense; one can also imagine Indians and Chinese liquidating rushing to buy…
China's Economic Resurgence Boosts Global Commodity Prices
Via Metal Miner Month-over-month, the Renewables MMI (Monthly Metals Index) ended up dropping significantly by 11.16%. The main…
China’s Credit Growth Boosts Confidence In Iron Ore Markets
Via Metal Miner According to this report, the most-traded January iron ore on China’s Dalian Commodity Exchange (DCE)…
Euro Steelmakers Defy Sluggish Market With Bold Price Hike
Via Metal Miner Steelmakers in Northwestern Europe are seeking an increase of €20 ($20) per metric ton on hot rolled coil. Market sources…
Tata Steel Looks For UK Support To Make £1.2 Billion Green Furnace Upgrade
Via Metal Miner Tata Steel is in talks with the UK government to acquire £500 million ($630 million) in funding. The steelmaking multinational…
China’s Massive Gold-Buying Spree Continues
After returning to net gold buying in June, central banks continued to add to their gold reserves in July. Globally, central banks reported net purchases of…
Auto Union Strike Could Crush Steel Demand
Via Metal Miner Month-over-month, the Automotive MMI (Monthly Metals Index) slid downward by 3.42%. Steel prices within the…
