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EIA lowers U.S. crude production forecast, cuts 2020 oil price outlook by about 30%
The U.S. Energy Information Administration lowered its 2020 forecast for West Texas Intermediate and Brent crude oil prices by roughly 30% and reduced its expectations for U.S. crude-oil production, according to the Shor.....»»
Free-falling oil prices drag Hess down 40% on one of market"s worst days
Free-falling oil prices erased nearly 40% of Hess Corp.’s market value Monday, driving the Manhattan-based stock price to its lowest point since 2005. Hess’ startling fall had plenty of company... To view the full story, click the title link......»»
Depressed share prices lead to a good buying opportunity
Its not just share prices falling, look at credit markets The long-treasury bond price advanced an astonishing 6.6% last week as an emergency cut by........»»
In stunning reversal, IEA now sees oil demand falling this year
The International Energy Agency on Monday issued a stunning forecast, now projecting oil demand to fall this year on the same day prices collapsed by some 20%......»»
The Tell: Goldman says coronavirus and oil ‘price war’ could see crude plunge into the $20s
Goldman Sachs commodity analysts slash their forecast for crude prices on Sunday after an alliance between Saudi Arabia-led OPEC and Russia collapses, launching a new “price war†between the producers......»»
U.S. import prices flat in January due to lower fuel costs
WASHINGTON (MarketWatch) - The import price index was flat in January, as the falling cost of gas offset increases in non-fuel goods. Excluding fuel, prices of imported goods rose 0.2%, the government said Friday. The inc.....»»
December Home Price Hikes Top 3% in 6 US Cities
U.S. home prices rose by 4.0% year over year in December, according to the latest data from CoreLogic. Average full-year price appreciation was 3.6%, and prices are forecast to rise by 5.2% in 2020........»»
USD/JPY Forecast: At Risk Of Falling Toward 107.90
USD/JPYÂ Current Price: 108.65 The Chinese coronavirus keeps spreading and fueling concer.....»»
Graphics DRAM prices to rise over 5% in 1Q20, says DRAMeXchange
Graphics DRAM contract prices for the first quarter of 2020 are forecast to rise over 5% sequentially, with the price rally outperforming other DRAM products' price increases, according to DRAMeXchange......»»
Gas Prices Reverse Trend, Edging Higher Last WeekÂ
The U.S. national average gas price rose by 2.5 cents a gallon last week, ending a three-week run of falling prices......»»
Oil mixed on forecast of falling U.S. fuel stockpiles
Oil prices were mixed on Tuesday, paring earlier steep losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week......»»
Albemarle cuts 2019 forecast on lithium price pressure
Albemarle Corp , the world's largest lithium producer, on Thursday cut its sales and profit forecasts for the year, hit by a continued slump in prices for the white metal, sending its shares down nearly 7% in extended trading......»»
Highlights of the day: SSDs see looming price war
SSD prices have been falling fast in China. Consumers may be happy, but vendors are wary of a looming price war that would further undermine their profitability from the SSD market. But in the .....»»
Sutter Health settles long-running antitrust case over price markups
Sutter Health has reached a preliminary agreement to settle a civil case that alleged that it used its market position to drive up prices for its services. The case — brought by a group of self-funded employer insurance plans in 2014 and joined las.....»»
British CPI stays at 1.7% in September, slightly below forecast
U.K. consumer price growth stayed at 1.7% in September, the Office for National Statistics said Wednesday. Economists polled by FactSet expected a 1.8% rise. While fuel prices, use.....»»
EIA lowers its 2019, 2020 WTI and Brent oil-price forecast
The U.S. Energy Information Administration on Wednesday lowered its 2019 and 2020 price forecasts on West Texas Intermediate and Brent crude oil prices in its monthly energy ou.....»»
Economic Report: Consumer inflation edges up 0.1% in June, CPI shows, but price pressures still muted
Americans paid more for rent, clothes and autos in June, but consumer inflation was largely held in check by falling energy prices. Waning inflation is one of the chief reasons the Federal Reserve is likely to cut interest rates by the end of the month......»»
Will Home Prices Hit All-Time Highs?
CoreLogic has just released its Home Price Index and Forecast for May 2019, and it shows that home prices rose both year over year and month over month......»»
Falling mortgage rates are heating home prices this summer
Mortgage rates have been falling steadily since late April, and that may be reigniting home price appreciation......»»
Economic Report: Import prices drop 0.3% in May — cost of Chinese imports falling amid tariff fight
The cost of imported goods fell in May, reflecting a decline in the prices of most foreign-made goods including those coming from China that have been hit with U.S. tariffs. The import price index dropped 0.3% last month......»»