Commodities Corner: 5 reasons oil prices are in a history-setting tailspin

Rampant expectations for a global oil supply glut sends the U.S. crude benchmark to its lowest finish of the year and pushes the global benchmark into a bear market on Tuesday, but some analysts say prices have fallen too far, too fast......»»

Commodities ended the month on Thursday with a mixed performance, even as April 2020 made history as the month prices for West Texas Intermediate crude futures traded below zero for the first time ever......»»

Natural-gas prices have finally broken out of the tight trading range they’ve been stuck in for the past six months to mark a bottom for this year, setting their sights on a bounce back as prices near a three-year low look to boost demand......»»

Supply concerns surrounding the possible reinstatement of sanctions on Iran aren’t the only reason for the climb in U.S. benchmark oil prices above $70 a barrel to their highest levels since late 2014......»»

The biggest weekly drop in U.S. crude supplies couldn’t halt the drop in oil prices Wednesday as traders chose to focus on expectations for higher global output......»»

Copper, an industrial metal known as a leading indicator of economic activity, has been pointing investors toward slowing global growth, setting prices on track for their first yearly decline since 2015......»»

The commodities that help build an economy have rallied, with lumber, copper, and iron ore reaching record prices in recent weeks --- and demand looks set to continue......»»

U.S. gasoline prices topped $3 a gallon on Wednesday for the first time in about six-and-a-half years --- and it wasn't because of the Colonial Pipeline shutdown, according to GasBuddy......»»

Iron ore logs its highest price on record Thursday, buoyed by an insatiable demand for steel in China......»»

Oil prices have climbed mo.....»»

It’s been a year since the U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time, and while prices have recovered to trade above pre-COVID-19 levels, the unprecedented drop will not be soon forgotten......»»

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»

There’s one commodity that’s seen a phenomenal gain in prices this year that may have been missed by some investors: rhodium’s value has climbed by more than 50%, extending a rally that saw prices for the metal nearly triple in 2020......»»

Cocoa and coffee futures suffer declines of more than 3% on Tuesday, with concerns surrounding demand for the commodities sending prices for cocoa to their lowest settlement since early November......»»

Gasol.....»»

It’s no surprise to see both oil and natural-gas price.....»»

Copper prices score their largest monthly gain in over four years on Friday, as traders bet that a recovery in the pandemic-hit global economy will lead to a significant rise in demand for the industrial metal......»»

More American consumers ate at home last year because of the pandemic, contributing to the largest yearly rise in food-at-home prices in nine years. Food costs are expected to increase further in 2021......»»

Winter storms in parts of the south and central U.S. have led to a surge in the need for power, rallying prices for natural gas as traders look toward a rise in nuclear power demand and consumption of uranium......»»

Gold started the new year on a sour note, with prices settling lower for the first month of 2021. But many analysts are confident that the longer-term outlook remains promising for the precious metal......»»