Prices are listed at a gas station in Rome earlier this year. Russia’s invasion of Ukraine will cost the global economy $2.8 trillion in lost output by the end of Continue Reading
Things may appear better in China than they are, at least as far as the country’s metals and minerals markets are concerned. However, China still remains the go-to destination for Continue Reading
The global economy outside the U.S. is stuttering, knocked off course by soaring inflation, an energy crisis and now Russia’s nuclear war threats . Business surveys published on Friday indicate Continue Reading
The recent downturn for copper prices only stands to worsen a coming deficit as the slump discourages new investments for the metal used in EVs and power grids. Molten copper Continue Reading
Highlights Port of Long Beach volumes edge higher against Los Angeles Asia-USWC freight rates down 19% on week USEC volumes remain strong while ports grapple with vessel backups US West Continue Reading
The U.S. Bureau of Labor Statistics has released a report showing the second consecutive monthly drop in producer prices, prompted by steadily declining gasoline prices. The Producer Price Index (PPI) Continue Reading
The Inflation Reduction Act’s name may become a misnomer. The Inflation Reduction Act’s (IRA) name may become a misnomer if investment surges while supply chains remain constrained – fueling inflation. Continue Reading
Investors sold petroleum last week with the fastest sales concentrated in middle distillates as the economic outlook on both sides of the Atlantic deteriorated. Hedge funds and other money managers Continue Reading
U.S. consumer-price inflation showed signs of moderating in August for the second straight month, though the decrease was uneven across sectors and it remains unclear whether the slowdown will continue. Continue Reading
Russia’s invasion of Ukraine and the continuing effects of the pandemic have hobbled countries around the globe, but the relentless series of crises has hit Europe the hardest, causing the Continue Reading
