The Commodity Research Bureau's BLS Foodstuffs index — a composite of prices of hogs, steers, lard, butter, soybean oil, cocoa, corn, Kansas City wheat, Minneapolis wheat, and sugar — has suddenly exploded higher in 2014 following a multi-year slide from all-time highs, as chart 1 illustrates. Show More Summary
Oil prices rose in Asian trade ahead of the release of a key monthly US jobs report. ||| Singapore - Oil prices rose in Asian trade Friday ahead of the release of a key monthly US jobs report while traders keep an eye on the crisis in Ukraine's Crimean peninsula. Show More Summary
World food prices rose 2.6 percent month on month in February, the biggest jump in 19 months, as prices for cooking oils, grains, dairy and sugar rose, the UN’s Food and Agriculture Organisation said yesterday. ||| Rudy Ruitenberg Paris...Show More Summary
(Reuters) - Oil and gas giants Chesapeake Energy and Encana Corp were charged on Wednesday with colluding to keep oil and gas lease prices artificially low in Michigan, state Attorney General Bill Schuette said.
Russia's Putin has invaded his neighbor’s sovereign territory. He must and will face serious repercussions for doing so, and the international community must make the price severe. Unless we are willing to go to war for Ukraine—and I...Show More Summary
By Matthew Smith: With the situation in Eastern Europe appearing to have calmed down, commodity prices are weakening as well. Natural gas is falling as temperatures in the United States continue to rise in most of the country and oil is weaker after the inventory numbers today. Show More Summary
Trader Joe's has a reputation for offering good food at affordable prices, but we all know that when it comes to olive oil, price and label often don't mean much when it comes to quality. The experts at Truth in Olive Oil tested a bunch of the store's oils, and picked a great bargain buy that's only $9 per liter. Read more...
Reuters – New fuel rules for ships entering low sulphur zones around northwest Europe and North America next year could trigger a price spike in European gasoil,
By Trefis: The market for deepwater and ultra-deepwater drilling could face some near-term challenges due to an oversupply of drilling rigs, as well as slower than expected growth in rig rental expenditures across the upstream oil and gas industry. Show More Summary
By Thomas Kee: Yesterday oil prices spiked on the heels of the conflict risks in the Ukraine, but they have been inching higher since last year. This has also been translated to higher gas prices. In my community, gas prices are officially 10% higher today than they were a handful of months ago. Show More Summary
North Sea Brent crude oil traded in the narrowest price range since 2006 last year, according to the EIA. Moreover daily fluctuations were the lowest in a decade. North Sea Brent is used as benchmark for the price of oil from Europe, Africa, and the Middle East. Show More Summary
Energy is arguably the single most important strategic issue of our time. It literally powers everything we do. The world economy see-saws to the gyrations of oil prices. Most of our geopolitical squabbles are about energy in one way or another. Show More Summary
Oil prices were mixed in Asian trade as investors cautiously watch events in Ukraine. ||| Singapore - Oil prices were mixed in Asian trade Tuesday as investors cautiously watch events in Ukraine, with western powers threatening sanctions against Russia for its military intervention in the region. Show More Summary
The rise in tensions over Ukraine caused markets to plunge on fears over oil prices and market disruptions.
Gold and crude oil prices rose steadily all day even as US equities oscillated around VWAP unable to break above Friday's lows (and trading in a narrow range) on heavier than normal volume. USDJPY and US equities remained roughly coupled...Show More Summary
Reuters - European physical coal prices rose on Monday along with gains in gas, power and crude oil markets across the region, reflecting escalating tensions between Russia and Ukraine.
The Environmental Protection Agency announced new, tough guidelines on oil companies Thursday, aimed at reducing sulfur emissions from gasoline. Oil refineries will now have to remove sulfur from gasoline, decreasing total sulfur levels by 60 percent. Show More Summary
U.S. warned Sunday that Moscow could face economic penalties unless it retreats
Hong Kong shares suffered their biggest one-day loss in a month. ||| Hong Kong - Hong Kong shares suffered their biggest one-day loss in a month on Monday, with riskier sectors taking the brunt of the selloff as oil prices jumped on escalating tensions after Russia bloodlessly seized a part of Ukraine. Show More Summary
TOKYO (Reuters) - Stock prices plummeted while oil prices shot up on Monday as escalating tensions between Russia and the West after Russia bloodlessly seized a part of Ukraine.