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April 6, 2023
With lithium prices tanking nearly 60% so far this year, international Lithium expert Joe Lowry says the market isn’t reflecting the reality and blames China for using a “false narrative” to manipulate prices lower
April 5, 2023
Just days after the unexpected OPEC+ oil production cut, Saudi Aramco, the Saudi state-owned oil company, has raised prices of crude to Asia by 30 cents per barrel
April 5, 2023
Following the weekend’s surprise OPEC+ 1.6 million bpd output cut, the price of Urals, Russia’s flagship crude oil, has reached beyond the $60 per barrel price cap level set by the G7 in December
April 4, 2023
NATO is increasing its military supplies production and providing military support to Ukraine to prevent a stalemate in the war against Russias unprovoked full-scale invasion of Ukraine.
April 3, 2023
A 25-basis point interest rate hike by the Federal Reserve in May is now more likely to materialize as a result of the surprise OPEC+ oil production cut
April 3, 2023
Renewables surpassed coal for electricity generation in the United States this year, and they’re expected to beat out coal in global electricity generation by 2027.
April 3, 2023
U.S. gasoline prices were up slightly week-on-week, with analysts now warning that the OPEC+ surprise production cut could hit at inflation
February 17, 2021
Retail sales improve in January 2021 (SPY -0.1%). Texas winter storm highlights the importance of fossil fuels and oil prices gain as Texas freeze effects crude production. Here is the current market situation from CNN Money European markets are mixed to lower. Shares in Germany are off as the DAX drops 0.52%. The FTSE 100 is down 0.18% while the CAC 40 in France is unchanged. What Is Moving the Markets Here are the headlines moving the markets. Oil Prices Soar As U.S. Oil Production Plunges 30...