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Tag: commodity pricing

Oil prices inch up on Iran tensions and OPEC cuts | Nasdaq

Oil prices inch up on Iran tensions and OPEC cuts | Nasdaq

NEW YORK, July 5 (Reuters) – Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally. Brent crude futures settled at $64.23 a barrel, up 93 cents, or 1.47%. U.S. West Texas Intermediate (WTI) settled at […]

Braum’s Shawnee stores: Fickle milk prices due to overstock, not price-gouging | The Shawnee News-Star

Braum’s Shawnee stores: Fickle milk prices due to overstock, not price-gouging | The Shawnee News-Star

Braum’s Ice Cream and Dairy Stores have long been a regular staple in many Shawnee homes. Cheaper prices can often be a benefit to buying from a local company; such is the case for a recent sale on Oklahoma milk — though only at certain store sites. Braum’s Ice Cream and Dairy Stores have long […]

Booming Chinese crude imports call for new pricing tools, Business News | AsiaOne

Booming Chinese crude imports call for new pricing tools, Business News | AsiaOne

SINGAPORE, July 1, 2019 /PRNewswire/ — Crude price volatility is increasing, fuelled by rising uncertainty over the global economy’s resilience to trade wars and mounting tensions in the Middle East. It has never been more important to understand the drivers of demand from the world’s fastest-growing consuming markets in Asia-Pacific. To meet this need, global […]

Gas prices down for July Fourth travelers |The Augusta Chronicle

Gas prices down for July Fourth travelers |The Augusta Chronicle

Lower prices at the gas pump could encourage more travelers than ever to venture out this Independence Day. Gasoline prices are on average 16 cents cheaper than on Memorial Day weekend, and they are set to continue dropping in the coming weeks, AAA spokeswoman Montrae Waiters said. Georgia’s current average is $2.54, while last year’s […]

Why has the Natural Gas Pricing Lost Balance? | Energy CIO Insights

Why has the Natural Gas Pricing Lost Balance? | Energy CIO Insights

Natural gas prices are subjected to paradoxical fluctuations as the demand is high and there exist no more resources available for extraction. With smart market handling and stock management, the demands can be met by an environmental-friendly group. FREMONT, CA: The largest expense of the data center is energy consumption. Hence, it is necessary for […]

Column: Boom-and-bust lithium market needs a pricing rethink | Reuters

Column: Boom-and-bust lithium market needs a pricing rethink | Reuters

LONDON (Reuters) – Albemarle Corp., the world’s largest lithium producer, is not impressed by the London Metal Exchange’s (LME) plans to launch a lithium contract. One of Albemarle’s lithium evaporation ponds reflects the sky at its facility in Silver Peak, Nevada, U.S., January 9, 2019. REUTERS/Ernest Scheyder “An exchange contract tends to support a commodity […]

Oilfield Services’ Pricing Power is Rising  | Rigzone

Oilfield Services’ Pricing Power is Rising  | Rigzone

Things are looking up for oilfield services companies. After several years of gloom, oilfield service companies are now able to raise prices for their products and services, according to energy research firm Rystad Energy. “Oil and gas investments are on the rise, and so too is the pricing power of service companies,” said Audun Martinsen, […]

Weekly resin report: Some processors bank on PE supply surge that will send resin prices lower | PlasticsToday

Weekly resin report: Some processors bank on PE supply surge that will send resin prices lower | PlasticsToday

So, how busy were the spot resin markets last week? Well, at mid-month, resin trading was nearly double the historic average, reports the PlasticsExchange (Chicago) in its Market Update. Polypropylene  (PP) prices inched up another cent while polyethylene (PE) prices held firm, having consolidated recent gains at slightly elevated recovery levels. With the April PE […]

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair chief Michael O’Leary has said he expects the airline to benefit from any price war in the industry. Mr O’Leary said “artificially low prices” and “attritional fare wars” could dent profits for a year or two. He was speaking after the airline reported that profits fell by nearly a third last year to €1bn […]

Coalition abandons milk price index, after it fails to deliver on promise | The Australian Dairyfarmer

Coalition abandons milk price index, after it fails to deliver on promise | The Australian Dairyfarmer

The Coalition Government has abandoned its troubled retrospective Milk Price Index. The index was a key 2016 election promise by then deputy prime minister Barnaby Joyce in response to the 2015 retrospective milk price cuts. But it was dogged by delays and faced criticism from farmers when launched on not delivering on its promise. The […]