Tag: commodity pricing

Trickle-Down Economics: Pricing H2O [Podcast] | Planet Money – NPR

Trickle-Down Economics: Pricing H2O [Podcast] | Planet Money – NPR

When demand for a commodity is high and supply is low, providers usually just raise the price. That pushes demand down. But when that commodity is water – an essential for human life – those pricing rules don’t apply. Or do they? Read complete article here: Trickle-Down Economics: Pricing H2O : Planet Money : NPR.

Fort Collins will go to mandatory ‘time-of-day pricing’ for utilities next month | Denver7

Fort Collins will go to mandatory ‘time-of-day pricing’ for utilities next month | Denver7

FORT COLLINS, Colo. — Should what time of day you run your air conditioning or do a load of laundry impact the price? The city of Fort Collins thinks so. Starting next month, the city will go to a mandatory “time-of-day pricing” for city-run electricity. Think of it like the Uber for public utilities. Similar to […]

The End Of The Oil Price Rally | OilPrice.com

The End Of The Oil Price Rally | OilPrice.com

Oil prices slipped this week as unexpected builds in gasoline inventories due to a drop in demand with driving season coming to an end. … Oil prices are set for their largest weekly loss since July, due to fears of emerging market contagion and some bearish data from the EIA. Mixed EIA report, oil prices […]

Oil should be at $52 per barrel says Emirates Tim Clark | CNBC

Oil should be at $52 per barrel says Emirates Tim Clark | CNBC

Airline fuel is overpriced, and the underlying cost of oil should sit around $52 per barrel, Tim Clark, President of Emirates told CNBC Friday. “I am one of these people that says it is hugely overpriced. If you are at $77 or $83 dollars (per barrel) it should be at $52. That’s where it needs […]

Energy price cap could be a muddle that satisfies no one | The Guardian

Energy price cap could be a muddle that satisfies no one | The Guardian

Let’s be generous to the Ofgem chief, Dermot Nolan. He’s produced a respectable fudge, as he was told to. Parliament gave him the tricky job of setting an energy price cap at a level that prevents “rip-off” pricing but still encourages customers to switch suppliers, goals that pull in opposite directions. A figure of £1,136 […]

New Argus price to bring transparency to growing US crude export markets | Hellenic Shipping News Worldwide

New Argus price to bring transparency to growing US crude export markets | Hellenic Shipping News Worldwide

“The US export market has needed an independent source of pricing to value light sweet crude exports,” Argus Media chairman and chief executive Adrian Binks said. “The new Argus WTI fob Houston price provides that solution for the oil trading community.” The new price will introduce transparency to the export market for light sweet crude. […]

How petrol, diesel prices are fixed and why they change every day | Business Today

How petrol, diesel prices are fixed and why they change every day | Business Today

Fuel prices in the country are again at an all-time high today. A litre of petrol in Mumbai will cost the buyer Rs 86.72, while it is Rs 79.31 in Delhi, Rs 82.22 in Kolkata and Rs 82.41 in Chennai. Diesel, on the other hand, is being sold at Rs 71.34 in Delhi, Rs 74.19 […]

U.S. Steel Workers Seek Payout From Trade War as Prices Rise | Bloomberg

U.S. Steel Workers Seek Payout From Trade War as Prices Rise | Bloomberg

Labor contracts with U.S. Steel Corp. and ArcelorMittal expired Sept. 1, but workers remain on the job as negotiations over wage increases continue. On Tuesday, U.S. Steel posted on its website a proposed six-year contract, offering workers guaranteed annual wage increases and a $15,000 pre-tax cash payment, including a minimum profit-sharing of $6,000 for the […]

Petrol, diesel hit new high | The Hans India

Petrol, diesel hit new high | The Hans India

New Delhi/Amaravati/Hyderabad: Prices of petrol and diesel, already at unprecedented levels in the country, rose for the ninth consecutive day on Monday. In the national capital, petrol was sold at Rs 79.15 per litre, up from Rs 78.84 on Sunday. In Vijayawada too, there has been a steep increase in the prices of diesel and […]

Renewables better than a big stick at cutting power prices | afr.com

Renewables better than a big stick at cutting power prices | afr.com

The clean energy lobby has warned the new federal energy minister Angus Taylor not to take wind and solar energy for granted because they are putting more downward pressure on wholesale electricity prices than the government’s market interventions. Kane Thornton, chief executive of the Clean Energy Council, said Australia would face scrutiny at the COPS24 […]