Battery Prices Are Falling Again as Raw Material Costs Drop

Battery Prices Are Falling Again as Raw Material Costs Drop

BloombergNEF breaks down the biggest annual drop in its lithium-ion battery price survey since 2018…

China new home prices tick up in Sept, ending four-month decline

China new home prices tick up in Sept, ending four-month decline

China new home prices tick up in Sept, ending four-month decline – survey

Australian home prices climb for fourth month in June

Australian home prices climb for fourth month in June

Australian home prices climb for fourth month in June

IMF sees high rates, oil prices and inflation worries in Middle East

IMF sees high rates, oil prices and inflation worries in Middle East

IMF sees high rates, oil prices and inflation worries in Middle East

Tesla’s cut prices in the US yet again, this time by as much as $5,000

Tesla’s cut prices in the US yet again, this time by as much as $5,000

Elon Musk’s car maker has made reductions for the fifth time this year before tougher EV tax credit rules come into effect later this month…

Tesla’s cut prices in the US yet again, this time by as much as $5,000

Elon Musk’s car maker has made reductions for the fifth time this year before tougher EV tax credit rules come into effect later this month…

U.S. producer prices increase in November; trend slowing

U.S. producer prices increase in November; trend slowing

U.S. producer prices increase in November; trend slowing

Skyrocketing gas prices have sparked fuel thefts that are just plain weird

Skyrocketing gas prices have sparked fuel thefts that are just plain weird

With gas prices steadily increasing, several states report that people are finding extreme ways to steal fuel from gas stations and each other…

Oil prices on track for weekly gain amid high U.S. demand

Oil prices on track for weekly gain amid high U.S. demand

LONDON — Oil rose on Friday and was on track for another weekly gain supported by solid fuel demand in the United States, although fresh COVID-19 alerts in Shanghai and Beijing curbed gains. Brent crude was up 98 cents, or 0.8%, at $124.05 a barrel at 1153 GMT and U.S…

Gold prices in check as central banks rev up policy tightening

Gold prices in check as central banks rev up policy tightening

Gold prices held near one-week lows on Tuesday, as investors wagered that aggressive tightening plans by major central banks are going to keep interest rates higher for an extended time, boosting the U.S. Treasury yields and in turn the dollar. Spot gold was flat at $1,840.16 per ounce…

Gold prices gain as dollar weakness lifts appeal

Gold prices gain as dollar weakness lifts appeal

Gold prices rose on Monday as the U.S. dollar weakened, but recent gains are unlikely to stave off another monthly fall for greenback-priced bullion. Spot gold was up 0.4% at $1,860.77 per ounce, as of 0451 GMT. U.S. gold futures also climbed 0.4% to $1,865.00. “With the three-day holiday in the United States…

Bausch + Lomb prices IPO below target range, raises $630 mln

Bausch + Lomb prices IPO below target range, raises $630 mln

NEW YORK — Eye-care company Bausch + Lomb Corp on Thursday priced its initial public offering (IPO) well below its target range and raised $630 million. The company priced 35 million shares at $18 per share, compared with its previously set price range of $21 to $24 apiece…

U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA

U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA

U.S. gasoline prices jumped 11% over the past week to the highest since 2008 as global sanctions cripple Russia’s ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday. AAA said average U.S. regular grade gasoline prices hit $4.009 per gallon on Sunday…

China’s Jan new home prices rise for first time m/m since Sept

China’s Jan new home prices rise for first time m/m since Sept

China’s Jan new home prices rise for first time m/m since Sept

Copper prices edge higher as Russia-Ukraine tensions ease

Copper prices edge higher as Russia-Ukraine tensions ease

Copper prices firmed on Wednesday as easing fears of a Russian invasion of Ukraine boosted risk appetite, with investors closely watching the release of the Federal Reserve’s January policy meeting minutes for clues on the roadmap for rate hikes. Three-month copper on the London Metal Exchange (LME) was up 0.2% at $9,986 a tonne…

Palm oil prices to stay high as fertilizer costs limit output – CPOPC

Palm oil prices to stay high as fertilizer costs limit output – CPOPC

KUALA LUMPUR — Palm prices are expected to stay strong next year as production will remain constrained due to soaring fertilizer costs and long-standing labor shortages, the Council of Palm Oil Producing Countries (CPOPC) said on Thursday. The sector, which is already facing sluggish yields after farmers reduced fertilizer usage in 2018 and 2019…

Oil CEOs Warn That High Prices Jeopardize Energy Transition

Oil CEOs Warn That High Prices Jeopardize Energy Transition

Bloomberg) — High fossil-fuel prices may jeopardize efforts to pivot to cleaner renewable energy sources, the leader of one of Europe’s largest oil companies warned. A prolonged period of elevated prices for fuels such as natural gas “might jeopardize the development” of alternatives, TotalEnergies SE Chief Executive Officer Patrick Pouyanne told the World Petroleum Congress…

Copper prices climb on weak U.S. inflation

Copper prices climb on weak U.S. inflation

LONDON — Copper firmed on Wednesday as the dollar dipped on lower-than-expected U.S. inflation figures that softened expectations for stimulus to be tapered soon, while aluminum was powered by further cuts to production in China. Three-month copper on the London Metal Exchange (LME) rose for the first time this week, climbing 1.7% to $9,601 per…

Oil prices slip, rebound runs out of steam on demand worries

Oil prices slip, rebound runs out of steam on demand worries

SINGAPORE — Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory activity in key markets weighed on sentiment. Brent crude oil futures shed 5 cents, or 0.1%, to $72.84 a barrel, as of 0309 GMT. U.S. West Texas Intermediate (WTI) crude was down 8…

China’s new home prices grow slightly in May

China’s new home prices grow slightly in May

China’s new home prices grow slightly in May