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Commodities

Gas prices are primed to rise in a few weeks, but American drivers won't be hit with record costs again this summer, GasBuddy says

Sun, 02/19/2023 - 06:00

Tech Insider

US gas prices — US gas prices have fallen sharply since June.
JOSEPH PREZIOSO/Getty Images

Markets, MI Exclusive, Gas Prices, Commodities, GasBuddy, Oil, Crude Oil

US stocks end mixed as Fed officials sound off on inflation fight and path of future rate hikes

Fri, 02/17/2023 - 16:13

Tech Insider

Traders work on the New York Stock Exchange floor. — Traders work on the New York Stock Exchange floor in New York City.
AP Photo/Ted Shaffrey

Markets, MI Exclusive, Markets Wrap, Stock Market, Oil, Commodities, Fed

Oil extends weekly loss to 5% as speculation of more aggressive rate hikes from the Fed stokes demand worries

Fri, 02/17/2023 - 10:08

Tech Insider : Economy

Canada, Alberta, Oil workers using oil drill. — Tetra Images - Dan Bannister

Markets, MI Exclusive, Oil, Brent, WTI, Crude Oil, Federal Reserve

Russian oil revenue has been hurt by effective EU price caps even as Moscow has been resilient with exports, says IEA

Thu, 02/16/2023 - 11:22

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. — Russian Prime Minister Vladimir Putin.
Sasha Mordovets/Getty Images

Markets, MI Exclusive, Oil, Russia, EU, energy, Commodities

Russia demands the US prove it didn't destroy the key Nord Stream gas pipelines to Europe

Thu, 02/16/2023 - 06:57

Tech Insider

Danish military video of bubbles in Baltic Sea where Nord Stream pipeline leaked. — Danish military video of bubbles in Baltic Sea where Nord Stream pipeline leaked.
Danish Defense Command

Markets, MI Exclusive, Baltic Sea, Nord Stream, nord stream leak, Gas, Europe

Lumber falls 24% in 9-day losing streak, but analysts see a bottom forming for the key building commodity

Wed, 02/15/2023 - 12:16

Tech Insider

lumber store — A man loads pieces of two-by-four wood onto his cart in the lumber section at a home improvement store on August 16, 2022 in Alhambra, California.
FREDERIC J. BROWN/AFP via Getty Images

Markets, MI Exclusive, Lumber, lumber prices, Commodities, Housing, Mover

Oil prices slide as the US says it will sell millions more barrels of oil from its strategic reserve into the global market

Tue, 02/14/2023 - 14:01

Tech Insider

oil — Andrey Rudakov/Bloomberg

Markets, MI Exclusive, Oil, oil prices, Strategic Petroleum Reserve, WTI oil price, brent oil

Lucid Motors is helping oil-rich Saudi Arabia go electric in its ambitious plan to become a carmaking powerhouse

Tue, 02/14/2023 - 10:42

Tech Insider

Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3 — Lucid Motors aims to produce 150,000 cars a year in Saudi Arabia in 2025.
Lucid Motors; Reuters; Rachel Mendelson/Insider

Markets, MI Exclusive, Commodities, Saudi Arabia, lucid, Lucid Group, Oil

Ex-Gazprom official says decades of the Russian gas giant's work has been 'flushed down the toilet', with export revenues expected to halve this year

Tue, 02/14/2023 - 08:00

Tech Insider

Vladimir Putin Gazprom — State-owned energy company Gazprom has slashed the supply of natural gas to Europe.
AFP/Getty Images

Markets, MI Exclusive, Commodities, Natural Gas, Gazprom, Gas, Russian natural gas

Russia is slashing its oil output by 5% in retaliation to Western sanctions — but it also likely that it is struggling to find buyers in the first place

Mon, 02/13/2023 - 04:12

Tech Insider

Vladimir Putin — Russian President Vladimir Putin slammed the EU's price cap on Russian crude, calling it "stupid."
Mikhail Metzel/Getty Images

Markets, News, MI Exclusive, Commodities, Russia, Oil, energy

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