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Commodities
Oil Prices Surge as Ukraine Tension
Oil Prices Surge as Ukraine Tension
Oil prices rose as the crisis between Russia and Ukraine grew worse.
On Monday evening, Russian President Vladimir Putin sent…
A Pile-Up of Inventories in China
A Pile-Up of Inventories in China
A buildup of inventories indicates that China's metals consumption is still on the back foot following disruptions to industrial…
Oil Falls 2% as Iran Talks Offset the Ukraine Crisis
Oil Falls 2% as Iran Talks Offset the Ukraine Crisis
Oil prices fell about 2% on Thursday as words to resurrect a nuclear deal with Iran entered the final stages,…
Oil Falls, Ukraine Crisis
Oil Falls, Ukraine Crisis
Oil prices dipped on Thursday as negotiations to resurrect a nuclear deal with Iran neared their conclusion. Still, rising tensions…
Aluminum Hovers Near 13-Year High
Aluminum Hovers Near 13-Year High
As traders assessed the impact of reducing geopolitical tensions over Ukraine, aluminum hovered near its highest level since 2008.…
Fear of Oil Prices Surpassing $100 a Barrel
Fear of Oil Prices Surpassing $100 a Barrel
On Monday, Egypt's and Cyprus' energy ministers expressed grave alarm about the possibility of oil prices rising above…
A Difficult Week for Mexican President
A Difficult Week for Mexican President
The United States' decision to halt avocado shipments from a violent Mexican state capped a tough week for President Manuel…
Saudi Arabia and UAE Ease Oil Market Volatility
Saudi Arabia and UAE Ease Oil Market Volatility
The International Energy Agency (IEA) said that Saudi Arabia and the United Arab Emirates (UAE) could help calm…
Lumber Prices Are up 29%
Lumber Prices Are up 29%
Lumber prices have risen nearly 30% this month. It is in line with a broader rally in global commodities as economies worldwide reopen.…
Oil Prices Nudge up After API Data
Oil Prices Nudge up After API Data
Following two sessions of losses, oil prices edged up on Wednesday after industry data showed an unexpected drop in US crude and…
Cut Tariffs on Japanese Steel
Cut Tariffs on Japanese Steel
The United States and Japan announced a deal on Monday to remove Trump-era tariffs from approximately 1.25 million metric tons of…
Gas Cooperation Between China, Turkmenistan
Gas Cooperation Between China, Turkmenistan
On Saturday, Chinese President Xi Jinping met with Turkmen President Gurbanguly Berdymukhamedov, who was in Beijing for…
Gold Is Rising, with A Weekly Gain as The Dollar Weakens
Gold Is Rising, with A Weekly Gain as The Dollar Weakens
Gold was up in Asia on Friday morning, on track for a weekly gain. A weakening dollar, as well as ongoing…
March Output Rise Amid Oil Price Rally
March Output Rise Amid Oil Price Rally
On Wednesday, a group of some of the world's most influential oil producers agreed to a planned increase in output; even…
Belarus Diverts Potash Supplies
Belarus Diverts Potash Supplies
Belarus has diverted potash shipments from Lithuania's Klaipeda port to Russian ports after Vilnius decided to stop using its…
EU on Green Aviation Fuel
EU on Green Aviation Fuel
The European Union's plans to require the aviation industry to use more sustainable fuels are insufficiently ambitious. The EU should…
Key Policy Issues Around Crypto Mining
Key Policy Issues Around Crypto Mining
A recent Capitol Hill meeting highlighted several vital debates that will shape the mining industry's development in the…
Canada Is About Resuming Shipments
Canada Is About Resuming Shipments
Canada hopes to resume shipments of table potatoes from Prince Edward Island (PEI) to the U.S. territory of Puerto Rico in two…
U.S. Crop Insurance Payouts Rise Sharply
U.S. Crop Insurance Payouts Rise Sharply
Insurance payments to farmers in the United States for crops lost due to droughts and flooding have more than tripled in…
Gold Down, Ukraine Tension
Gold Down, Ukraine Tension
Gold was down in Asia on Wednesday morning after reaching a more than two-month high as geopolitical concerns about Ukraine reduced risk…