Browsing: Commodities
The number of supertankers headed for China dropped to the lowest in almost two years, adding to recent concerns about…
Butter prices jump to all-time high as more dairy producers shift to cheese while bird flu keeps U.S. output tight
Butter has never been this expensive as a limited world supply has buyers scrambling before the holiday baking season later…
Lumber prices are plunging. Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation…
When Kim Bentzen graduated with a meteorology degree in the 1990s, the only career path he saw was Denmark’s national…
‘Copper is the new oil,’ and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says
Copper is emerging as the next indispensable industrial commodity, mirroring oil’s rise in earlier decades, a top commodities analyst said.…
An oil tanker going from Russia to China is hit by a Houthi missile in the Red Sea, U.S. military says
A China-bound oil tanker in the Red Sea was struck and temporarily disabled by a ballistic anti-ship missile fired by…
Russia’s fortress economy has propped up Vladimir Putin amid Western sanctions, but a key weak spot is emerging in the Arctic
Russia’s fortress economy has proved remarkably resilient to an onslaught of Western sanctions. Two years after the Kremlin’s invasion of…
Natural gas producers in Texas are paying people to take their supply as prices sink deeper into negative territory
Natural gas prices in West Texas under pressure from a glut in supply sank even further into negative territory after…
China’s demand for gold is unstoppable as consumers, investors, and the central bank fuel a record-breaking price surge
Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer…
Investors don’t seem that worried, for now, about a wider conflict in the Middle East after Iran’s unprecedented attack on Israel
Oil and stock futures traded largely flat Sunday evening as financial markets offered muted reactions to Iran launching hundreds of…












