 |
Louisiana Light • 3 days | 78.61 | -1.95 | -2.42% | ||
|
Bonny Light • 2 days | 81.28 | +1.10 | +1.37% | ||
|
Opec Basket • 3 days | 85.00 | +1.11 | +1.32% | ||
|
Mars US • 29 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 1 day | 2.121 | -0.055 | -2.51% |
|
Bonny Light • 2 days | 81.28 | +1.10 | +1.37% | ||
|
Girassol • 2 days | 81.92 | +1.12 | +1.39% | ||
|
Opec Basket • 3 days | 85.00 | +1.11 | +1.32% |
|
Peace Sour • 2 days | 59.71 | -1.90 | -3.08% | ||
|
Light Sour Blend • 2 days | 63.56 | -1.90 | -2.90% | ||
|
Syncrude Sweet Premium • 2 days | 68.16 | -1.90 | -2.71% | ||
|
Central Alberta • 2 days | 61.71 | -1.90 | -2.99% |
|
Eagle Ford • 3 days | 72.44 | -1.90 | -2.56% | ||
|
Oklahoma Sweet • 3 days | 72.00 | -2.00 | -2.70% | ||
|
Kansas Common • 6 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 4 days | 83.98 | +1.45 | +1.76% |
Copper Prices Inch Higher on Shifting Sentiment
Copper prices are gradually increasing,…
2.8 Billion Tonnes of Metals Extracted Globally in 2022
2.8 billion tonnes of metals…
Metals / Commodities
What Caused the Dramatic Drop in Lithium Prices?
The price of battery-grade lithium carbonate has crashed in the last 12 months. This downward pressure is attributed to oversupplied markets in Asia, primarily because the global adoption…
Tesla Leading Global Race to Develop Sustainable EV Batteries
The electric vehicle industry has a new priority: finding a way to make batteries without the need for lithium, cobalt, and other rare earth minerals. Not only are these minerals…
Manufacturing in Major Economies Continues Downward Trend
Order books for manufacturing firms fell to their weakest level since early 2021, quashing hopes of a recovery in the sector. According to the Confederation of…
Copper Prices Inch Higher on Shifting Sentiment
Copper prices have started to gradually nudge higher on the expectation that demand from China will pick up in the future. Copper prices nudged up one…
Offshore Wind Project Cancellations Add to Copper Demand Concerns
Via Metal Miner Although they appear on the rebound from last month’s lows, copper prices have yet to break out of their long-term…
2.8 Billion Tonnes of Metals Extracted Globally in 2022
In 2022, 2.8 billion tonnes of metals were mined throughout the world - while major industries that directly consume processed mineral materials contribute 14% of the…
Potential Tariffs on Chinese EV Imports Stir Global Trade Concerns
Via Metal Miner The Renewables MMI (Monthly Metals Index) remains volatile, especially when it comes to EV battery…
British Steel's Bold Plan to Combat Emissions with Electric Furnaces
Via Metal Miner British Steel recently told steel news sources of a £1.25 billion ($1.53 billion) project to replace its blast furnace operations…
Aluminum Prices Struggle As Demand Dwindles
Via Metal Miner Although they fell 4.29% throughout October, aluminum prices remain trapped within a sideways trend established back in July. Prices retraced…
The Surprising Scarcity Of Suitable Sand
The single most abundant element in the Earth's crust is oxygen making up 46.6 percent of the mass. The second most abundant element…
U.S. Infrastructure Projects Boost Steel Demand
Via Metal Miner The Construction MMI (Monthly Metals Index) continued to lack strong bullish or bearish pressure month-over-month.…
ArcelorMittal Takes Legal Action Against Liberty Steel Over Unpaid Debt
Via Metal Miner ArcelorMittal recently obtained a freeze order from a Singaporean court against Liberty Steel. The order totals €140 million ($150…
Silicon Valley Mining Firm Eyes Opportunity In DRC
Bill Gates is reportedly backing a mining startup that is getting close to "investing" in the Democratic Republic of Congo - which is, of course, a nice way…
Steel Prices Rise As Supply Tightens
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) rose 2.53% from September to October. Roughly six…
Steel Prices Inch Higher As UAW Strike Ends
Via Metal Miner The Automotive MMI (Monthly Metals Index) moved sideways month-over-month, rising in price by just…
Copper's Shifting Significance: From Economic Health To Green Energy
In a recent Buttonwood column for the Economist, John O'Sullivan laid out a case for retiring the nickname “Dr. Copper” for the ubiquitous red metal. The piece articulates a…
China’s Strategic Export Control Upends Rare Earth Markets
China has spent years staking out near-total domination of a laundry list of rare earth minerals with a vital and growing role in clean energy supply chains. The nation has…
Rare Earth Prices Stabilize As Global Production Dynamics Shift
Via Metal Miner The Rare Earths MMI (Monthly Metals Index) recently began to cool down following two months…
Cobalt's Unexpected Plunge Shocks Global Market
Via Metal Miner Analysts once hailed cobalt as a commodity whose price would rise forever. Used in the cathodes of many lithium-ion batteries…
How The EU’s Carbon Tax Scheme Is Reshaping Global Steel Trade
Via Metal Miner This month saw the launch of the EU’s CBAM policy, a much-needed abbreviation for Carbon…
