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Tag: commodity pricing

British Gas owner to axe 1,500 jobs and warns against energy price caps | Business Matters

British Gas owner to axe 1,500 jobs and warns against energy price caps | Business Matters

British Gas owner Centrica is to cut 1,500 jobs this year and has warned that energy price caps could push up household bills, reports The Guardian. The company said warmer than normal weather so far this year had resulted in lower than expected energy consumption in the UK and North America. In the UK, wholesale […]

Steel City welcomes dynamic fuel price | Times of India

Steel City welcomes dynamic fuel price | Times of India

JAMSHEDPUR: New to dynamic pricing of fuel, customers at the filling stations are keeping employees busy with queries on the new daily tariff system. Since May 1, when the dynamic pricing of petrol and diesel came into effect in Jamshedpur, along with four cities —Visakhapatnam, Bharatpur, Chandigarh and Puducherry — the daily revision of prices […]

European Union raises Canada’s ultra-filtered milk pricing strategy as a CETA concern | The Council of Canadians

European Union raises Canada’s ultra-filtered milk pricing strategy as a CETA concern | The Council of Canadians

This issue has also been the subject of tension with the Trump administration. TVOntario explains, “There used to be five different classes of milk under NAFTA, but last year Ontario added a sixth class, plus a new ‘national ingredients strategy’ that lowered the cost for Ontario processors to buy Canadian milk ingredients. Soon other provinces […]

Aramco Cuts Asia Oil Pricing as Saudis Seen Losing Market Share | Bloomberg

Aramco Cuts Asia Oil Pricing as Saudis Seen Losing Market Share | Bloomberg

Saudi Arabia, the world’s largest crude exporter, cut pricing for June oil exports to Asia as it fights to defend sales in its biggest regional market. The kingdom raised pricing to all other regions. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, lowered its official pricing for Arab Light crude to Asia by 40 […]

Dynamic daily fuel pricing to roll out in Chandigarh, Vizag and 3 other cities from 1 May | First Post

Dynamic daily fuel pricing to roll out in Chandigarh, Vizag and 3 other cities from 1 May | First Post

New Delhi: State-run oil marketers will roll out a dynamic fuel pricing pilot project from 1 May in five cities where the price of transport fuels would be changed daily so as to better cope with volatility in global crude oil prices. Petrol and diesel prices are currently revised on a fortnightly basis. All India […]

Oil PSUs prepare for daily pricing | The Hindu

Oil PSUs prepare for daily pricing | The Hindu

Price will be announced every day at 12 p.m.; tax officials keep their fingers crossed The State-owned oil retailers the Indian Oil Corporation, Hindustan Petroleum Corporation Limited and Bharat Petroleum Corporation Limited will roll out daily price revision policy in Puducherry from May 1 as a pilot project. The 100-odd petrol and diesel outlets in […]

Negative pricing, and other, thoughts | Colder Air

Negative pricing, and other, thoughts | Colder Air

A new post at the Energy Institute at Hass blog, Is the Duck Sinking?, discusses the growing appearance of negative pricing in California: What do the negative prices tell us? At a fundamental level, they tell us that we have too much of a good and suppliers need to pay people to take it off […]

Strengthening of the wholesale prices in 2016-17 also indicates a slow recovery in pricing power of industry | The Times of India

Strengthening of the wholesale prices in 2016-17 also indicates a slow recovery in pricing power of industry | The Times of India

The end of the fiscal year 2016-17 saw the wholesale price index (WPI) slump from a high of 6.6% in February 2017 to 5.7% in March. This is a respite from the persistent hardening of prices in the previous three months. But despite the gain the wholesale price index ended up at a three year […]

Why Water Pricing and Management in Singapore Needs to be More Ambitious | Brink Asia

Why Water Pricing and Management in Singapore Needs to be More Ambitious | Brink Asia

A recent poll in Singapore’s national daily, The Straits Times, showed that 75 percent of Singaporeans have no idea what their monthly water bill is. Yet, when the Singapore government recently announced that the country’s water price would be increased in two stages, they opened the sluice gates to a torrent of mainstream and social media comments […]

Construction Material Costs Outpace Contractors’ Pricing, AGC Says | Rental Equipment Register

Construction Material Costs Outpace Contractors’ Pricing, AGC Says | Rental Equipment Register

Double-digit price increases for key construction materials pushed up construction costs in March, while the prices charged by contractors remained moderate, according to a new analysis of federal producer price data released today by the Associated General Contractors of America. Association officials urged policy makers to avoid adopting restrictions on international trade that would add […]