Commodities | iCloud.Info

Commodities

Oil and copper prices are weakening despite China's reopening. It's a sign a global recession is coming but liquidity issues may also be at play, economists warn.

Wed, 02/08/2023 - 11:28

Tech Insider

Copper — A worker ties copper wire rods before loading them onto a truck at the workshop of a company on January 29, 2023 in Huai'an, Jiangsu Province of China.
(Photo by Yin Chao/VCG via Getty Images)

Markets, MI Exclusive, Oil, Copper, Commodities, oil prices, Fed

Oil prices rise as the outlook for China's demand brightens and after Turkey's earthquake ignites supply concerns

Tue, 02/07/2023 - 10:15

Tech Insider

oil rig — Jason Kozlowski / EyeEm

Markets, MI Exclusive, Commodities, Oil, OPEC, China, oil prices

US stocks slip as investors brace for Fed Chair Jerome Powell's speech

Tue, 02/07/2023 - 09:36

Tech Insider

Powell — Jerome Powell.
Reuters/Joshua Roberts

Markets, MI Exclusive, Jerome Powell, Stock Market, Federal Reserve, Recessions, Neel Kashkari

The Iranian armada of 'ghost' ships carrying Russian oil is growing, evading the intensifying Western sanctions on Moscow crude

Tue, 02/07/2023 - 08:11

Tech Insider

Oil Gas Tankers — Oil and gas tankers are anchored off the Marseille harbour, southeastern France, October 27, 2010.
REUTERS/Jean-Paul Pelissier

Markets, MI Exclusive, Oil, Russia, Russian Oil, Iran, Tankers

Russia's oil and gas revenue crashed by nearly 50% at the start of 2023, leading to a wider budget deficit as Moscow's spending soars

Mon, 02/06/2023 - 15:44

Tech Insider

Russian Prime Minister Vladimir Putin and CEO of Russian natural gas giant Gazprom Alexei Miller attend a ceremony to mark the launch of the Sakhalin-Khabarovsk-Vladivostok natural gas pipeline, September 8, 2011 in Vladivostok, Russia. — Vladimir Putin
Sasha Mordovets/Getty Images

Markets, MI Exclusive, Russia, Oil, Gas, Natural Gas, Ukraine

OPEC+ may need to lift its oil output given signs China's reopening could deliver a strong boost to demand, IEA chief says

Mon, 02/06/2023 - 08:11

Tech Insider

People wait to cross a busy street intersection during evening rush hour on May 30, 2022 in Beijing, China. — Chinese demand for oil is showing signs of a strong recovery.
Kevin Frayer/Getty Images

Markets, MI Exclusive, Commodities, OPEC, China, Fatih Birol, Oil

Goldman Sachs' commodities team reportedly raked in $3 billion in 2022, with wild swings fueling one of its best years ever

Thu, 02/02/2023 - 15:34

Tech Insider

Goldman Sachs — AP

Markets, MI Exclusive, Commodities, Goldman Sachs, energy, Natural resources, Investing

Cheeseburgers and steaks could be about to get a lot more expensive after US beef cow numbers slumped

Wed, 02/01/2023 - 08:23

Tech Insider : Economy

Burger — Burger and steak prices could soar this year after the US cow population fell 3%.
Mina Abodahab/500px/Getty Images

Markets, MI Exclusive, economy, Commodities, Cows, Beef, Burgers

Lumber soars 13% as the housing market shows signs of a rebound for the first time in a year

Fri, 01/27/2023 - 12:55

Tech Insider

Real estate agents work an open house — Real estate agents work an open house in West Hempstead, New York.
Raychel Brightman/Newsday RM via Getty Images

Markets, MI Exclusive, Lumber, lumber price, Lumber futures, finance, Commodities

Goldman Sachs sees oil prices heading to $100 a barrel by the third quarter of 2023 amid China reopening

Fri, 01/27/2023 - 06:46

Tech Insider

oil — Oil has dipped to around $82 amid a depressed global economic environment.
Andrey Rudakov/Bloomberg

Markets, energy, MI Exclusive, Oil, oil price outlook, Oil Markets, global oil market

Subscribe to Commodities