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HomeCommodities

Commodities

OPEC
Commodities

OPEC+ Imposes No Changes In Production

December 6, 2022 Mariel Alumit

At its latest meeting the alliance of OPEC and its allied countries, including Russia, also known as OPEC+, has decided to not change its production quotas for member countries. Analysts say the cartel has decided […]

Commodities

Ukraine Wheat Harvest Crushed Expectations: Satellite Analysis -This is great

December 4, 2022 Mariel Alumit

After much worrying about the effects of war on the country’s food production, Ukraine’s 2022 wheat harvest far exceeded forecasts — but Russia took a billion-dollar share in the occupied east — according to analysis […]

Commodities

“Atmospheric Chess Pieces Align”: Polar Vortex May Unleash Arctic Blast As Far As Deep South

November 27, 2022 Mariel Alumit

Ever so often, the polar vortex dips south over North America from its usual perch in the Arctic and brings a blast of cold air. The next arrival appears imminent, potentially as early as the […]

Commodities

The Consumer Economy Has Completely Collapsed – “It’s A Ghost Town” For Holiday Shopping Everywhere

November 27, 2022 Mariel Alumit

Authored by Sundance via TheConservativeTreehouse.com, “Crowds? I see nothing. I’m surprised,” retail worker Jeremy Pritchett told FOX 2. “Normally, it’s wrapped all the way around the building. Today: no one.” That’s the typical ground report […]

Commodities

The Diesel Crunch Is Finally Causing Demand Destruction

November 27, 2022 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com High prices seem to have started to weigh on diesel demand in the United States, where distillate inventories – comprising diesel and heating oil – have been slowly rising over […]

gasoline
Commodities

Real U.S. gasoline prices this Thanksgiving are mostly unchanged from last year

November 23, 2022 Mariel Alumit

November 23, 2022 Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update, and the U.S. Bureau of Labor Statistics Consumers paid, on average, $3.65 per gallon (gal) at the pump for U.S. regular […]

Commodities

World Oil Demand Topped Pre-COVID Levels In September

November 18, 2022 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Oil demand worldwide rose in September to exceed the September 2019 pre-Covid levels by nearly 1 million barrels per day (bpd), new data from the Joint Organizations Data Initiative […]

Commodities

Americans To See Highest Thanksgiving Gasoline Prices Ever

November 16, 2022 Mariel Alumit

This year’s average U.S. gasoline prices on Thanksgiving are expected to be at their highest level ever for the holiday. Gasoline prices have dropped a lot from the record highs in June. The number of […]

Diesel
Commodities

Diesel Price Premium To Gasoline And Crude Hits Record High

November 16, 2022 Mariel Alumit

The diesel price premium to gasoline and crude oil has hit a record high due to low stockpiles and low refining capacity. The U.S. only had 25 days’ worth of distillate stocks in October compared […]

Commodities

Ports Clogged With Containers As World Trade Stumbles

November 12, 2022 Mariel Alumit

The latest Bloomberg Trade Tracker reveals an ominous outlook for world trade due to soaring interest rates, the war in Ukraine, a slowdown in the US economy, and zero Covid in China. A shortage of […]

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