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Commodities

The housing market's fluctuations of the last year have left the best forecasters torn on what home prices will do in 2023

Thu, 04/13/2023 - 06:00

Tech Insider

Hey readers. I'm Phil Rosen, writing to you from midtown Manhattan, where I've attended a handful of events the last two days for NFT NYC. Across cocktail parties and dance floors, everyone here is bullish on tiny digital images that range from apes to stick-figure drawings.

Markets, Newsletter, 10 things, 10 things opening bell, Housing Market, housing crash, Housing

US stocks drop as traders digest jobs data that shows hiring slowed in March

Wed, 04/05/2023 - 09:47

Tech Insider

new york stock exchange traders bank run silicon valley bank — TIMOTHY A. CLARY / Getty

Markets, MI Exclusive, Stock Market, Stock Market Outlook, Commodities, Oil, Recessions

German insurers are backing the damaged Nord Stream gas pipeline despite their country severing energy ties with Russia

Tue, 04/04/2023 - 07:17

Tech Insider

Nord Stream 1 — The Nord Stream natural gas pipeline.
Stefan Sauer/Getty Images

Markets, MI Exclusive, Nord Stream 1, Nord Stream, Nord Stream pipeline, Russia, Russian natural gas

Saudi Arabia-led oil cartel OPEC+ just slashed its crude output – and that's stoked inflation fears. Here's what you need to know.

Mon, 04/03/2023 - 08:34

Tech Insider

Biden and Mohammed bin Salman (MBS) fist bumping. — Saudi Arabia said Sunday it'd cut its oil output by 500,000 barrels a day.
Bandar Algaloud/Reuters

Markets, MI Exclusive, Commodities, OPEC, Saudi Arabia, Oil, oil price outlook

It could take years for the US to refill its emergency oil reserves after last year's record sales

Fri, 03/24/2023 - 09:48

Tech Insider

The UAE is moving up an already ambitious target to increase crude oil output. — Oil barrels.
Getty Images

Markets, MI Exclusive, Oil, Crude Oil, WTI Crude, Brent Crude Oil, Strategic Petroleum Reserve

Russia is using decades-old oil tankers on icy waters to duck sanctions and prop up its struggling energy exports

Tue, 03/21/2023 - 08:11

Tech Insider

An abandoned cargo vessel lies — An abandoned cargo vessel lies beached along the Black Sea near the war torn city of Ochamchire in Abkhazia.
Loop Images / Contributor

Markets, MI Exclusive, Oil, Russian Oil, oil & gas, Russia, China

JPMorgan Chase thought it had $1.3 million of nickel, but they were all bags of stones. It's happened before.

Tue, 03/21/2023 - 05:50

Tech Insider

Bag of stones — JPMorgan Chase thought it had $1.3 million of nickel, but they were all bags of stones. It's happened before to many others.
Roman Mykhalchuk/Getty Images

News, Markets, Commodities, JPMorgan, warehousing, metals, Nickel

Goldman Sachs slashes its oil price target as banking fiasco boosts recession fears

Mon, 03/20/2023 - 15:32

Tech Insider

Goldman Sachs traders NYSE — Goldman Sachs traders work on the floor of the New York Stock Exchange in New York, Monday, March 7, 2011.
Ramin Talaie/Corbis/Getty Images

Markets, MI Exclusive, Stock Market, Oil, oil prices, Analyst Note, Commodities

Russian diesel has been sitting in Sudan waters for over 2 weeks because Moscow can't find buyers

Fri, 03/17/2023 - 08:14

Tech Insider

Oil tanker — An oil tanker.
Suriyapong Thongsawang

Markets, MI Exclusive, Oil, Russian Oil, Russian oil embargo, Russian oil ban, russia fuel oil ban

Home construction unexpectedly surged in February as slump in lumber prices offset pain of rising mortgage rates

Thu, 03/16/2023 - 15:28

Tech Insider : Economy

Construction work on a new apartment building in Austin, Texas in February 2023. — Construction work on a new apartment building in Austin, Texas.
Brandon Bell/Getty Images

Markets, MI Exclusive, Housing Market, Lumber, lumber prices, economy, Housing Starts

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