Other Commodities
Ukraine crisis: Will the gas price explode now?
Following the recent events in Ukraine, the Nord Stream 2 gas project has been put on hold. Analysts agree that as a result, the price of gas is likely to rise in the coming days. Russia's former president Dmitry Medvedev, meanwhile, has announced a veritable …
BlackRock: Commodity prices remain high
According to BlackRock Inc.'s Evy Hambro, commodity prices could remain high for decades to come as miners fail to keep up with demand from the energy transition.
Extreme weather creates bull market for commodities
The past few weeks have been exceptional for the commodity markets. Tensions between Russia and Ukraine have impacted several commodities. In addition, global (post-Covid) tightening continues to drive inflationary waves across many markets. The tight supply …
Russian diesel exports to the U.S. at a three-year high
Russian diesel exports to the United States hit a three-year high last month as typical winter weather boosted demand for heating and power generation in the Northeast.
Nickel, cobalt and lithium prices rise
Rising EV sales have sparked a race for nickel, cobalt and lithium that has pushed battery material prices to multi-year highs
Higher oil production target for March remains
OPEC+ is likely to stick to the planned increase in its March oil production target at next week's meeting on Wednesday, multiple producer group sources said, as it sees demand recovering despite downside risks from the pandemic and looming interest rate …
Why Biden can't cap oil prices
Oil prices this week hit their highest level since October 2014, prompting renewed commitments from the US government to do everything in its power to lower prices at the pump for Americans. Oil prices have traded even higher this week than in November 2021, …
Oil prices are rallying again
Dow futures fell on Tuesday as bond yields continued to rise while oil prices rose to a 7-year high and stoked inflation fears. Dow Jones futures were down 228 points, or 0.63%, and S&P 500 futures were down 1.01% at 5:40 am ET. Meanwhile, futures for the …
Is the world facing a commodity supercycle?
Agricultural and mining commodity prices are at the forefront of economic trends that are shaping the global economy and affecting the world's ability to meet its climate and sustainable development goals. Policy makers need to recognize and address such …
Investor group warns EU
A coalition of investors managing 50 trillion euros ($56.81 trillion) has warned the European Union against labeling natural gas investments as sustainable because Brussels' plan to do so would weaken its global leadership in green finance.