Category: Commodities

Aluminium, Helium and Sulfur: The Iran War Is Affecting More Than Oil

The New York Times – Business:
Prices of some commodities are already rising, while stockpiles of others could dwindle as the war drags on.
Oil Falls and Stocks Rise After a Day of Drastic Swings

The New York Times – Business:
The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
How the Iran War Could Hit Americans’ Wallets

The New York Times – Business:
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
War-Induced Inflation Spike Looms Over Europe’s Economic Recovery

The New York Times – Business:
For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
Global Economy Is Facing the Prospect of Another Profound Shock

The New York Times – Business:
A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.
U.S. and Israeli War With Iran Will Likely Send Oil Prices Soaring

The New York Times – Business:
Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.
Silver Prices Are Surging Even Faster Than Gold

Silver has risen roughly 60 percent this month alone. What is going on?
Storm Poses Big Threats to Power Grids Across U.S.

Managers of electric grids say freezing temperatures and ice and snow could lead to power outages in many places, potentially leaving millions in the dark.
Glencore and Rio Tinto Restart Talks to Create a Mining Giant

The negotiations come amid an increase in deal-making across the mining industry as demand for copper and other metals soars.
Anglo American and Teck Resources to Merge, Forming a Copper Giant

The deal, billed as a merger of equals, comes amid a surge in demand for copper, a crucial component in technology, from data centers to electric vehicles.
Chevron’s Boss Says the World Will Need Oil for a ‘Long, Long Time’

Mike Wirth, who has seen many booms and busts over the more than 40 years he has been with the energy giant, said that “when the world stops using oil and gas, we’ll stop looking for it.”
Tariffs on Russia Could Hurt Wary U.S. Farmers

President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.