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U.S. egg prices hit record levels as pandemic buying boosts demand

Increased demand for eggs in the United States has sent egg prices soaring in recent weeks as consumers scramble to stock up on staples due to coronavirus shutdowns......»»

Category: topSource: reutersMar 26th, 2020

Oil prices edge lower ahead of OPEC meeting and output level discussions

Oil prices edged lower on Monday, the first day of 2021 trading, ahead of a meeting of OPEC and allied producers to discuss output levels for February with fears for first-half demand seeping into the market as the coronavirus pandemic lingers......»»

Category: topSource: foxnewsJan 4th, 2021

Commodities Corner: Coronavirus pandemic knocks palladium and rhodium off the rally track

Record prices for palladium and rhodium have come to a screeching halt. The coronavirus pandemic slammed demand for the two rare metals, which are both used for car parts, thanks to plunging vehicle sales......»»

Category: topSource: marketwatchApr 24th, 2020

Crude oil prices take record tumble as demand remains low

For readers affected by the COVID-19 pandemic, please see the WBJ's Small Resource Business Guide. Prices for West Texas Intermediate crude oil in an expiring futures contract fell below zero for the first time Monday as an oversupplied market a.....»»

Category: topSource: bizjournalsApr 20th, 2020

US oil price crashes to record low as coronavirus hits demand

U.S. oil prices crashed below $5 a barrel on Monday, hitting the lowest level since the contract launched in 1983, as the collapse in demand triggered by the coronavirus pandemic leaves the world awash with crude that it is struggling to store......»»

Category: topSource: bizjournalsApr 20th, 2020

Commodities Corner: U.S. gasoline prices drop to more than 10-year lows in some states

Some U.S. states have seen gasoline prices at the pump drop to their lowest levels in more than a decade as travel restrictions aimed to stem the spread of the coronavirus pandemic continue to hurt demand for fuel......»»

Category: topSource: marketwatchApr 17th, 2020

Oil prices fall after U.S. sees record crude storage build

Oil prices sank on Wednesday after the United States reported its biggest weekly build of crude oil inventories on record, while forecasts showed global demand crumbling to its worst levels in a quarter of a century......»»

Category: topSource: reutersApr 15th, 2020

Oil slumps on worries that supply cuts are playing catch-up to falling demand

Oil prices dropped sharply on Tuesday, with U.S. prices sliding back toward $20 a barrel, as investors bet that fuel demand destruction caused by the coronavirus pandemic would be too much for producers embarking on record global output cuts to offset......»»

Category: topSource: reutersApr 14th, 2020

Oil slides 6% as producer cuts fail to banish demand fears

Oil prices fell around 6% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Oil slides 5% as producer cuts fail to banish demand fears

Oil prices plunged around 5% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Oil slides as producer cuts fail to banish demand fears

Oil prices plunged again on Tuesday as investors were unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Oil slips as producer cuts fail to banish demand fears

Oil prices edged lower on Tuesday, with investors apparently unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic, though a predicted plunge in U.S. shale output provided some support......»»

Category: topSource: reutersApr 14th, 2020

Oil prices up 2% after output cut, but demand worries weigh

Oil prices gained 2% on Monday following a record deal among oil producers to cut the rapid rise in supply, a muted impact on the market as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

Oil prices edge higher after output cut, but demand worries weigh

Oil prices edged higher on Monday in a muted response to a global deal on record output cuts amid concerns over whether the pact will head off an oil glut as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

Oil prices shrug off output cut as demand worries weigh

Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

Oil prices broadly shrug off output cut as demand worries weigh

Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

Brent crude benchmark drops as demand worries outweigh output cut

Benchmark Brent oil prices turned negative on Monday, erasing gains made after major producers agreed record global output cuts, pressured by concerns that the cuts will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

Oil prices turn negative after early gains on record output cut

Oil prices turned negative on Monday, erasing gains made after major producers agreed record global output cuts, pressured by concerns that the cuts will not be sufficient to head off oversupply as the coronavirus pandemic hammers demand......»»

Category: topSource: reutersApr 13th, 2020

Oil climbs after OPEC+ agree record output cut

Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to head off oversupply with the coronavirus pandemic hammering demand......»»

Category: topSource: reutersApr 13th, 2020

Oil climbs more than 4% as OPEC+ agree record output cut

Oil prices jumped more than $1 a barrel on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to head off oversupply with the coronavirus pandemic hammering demand......»»

Category: topSource: reutersApr 13th, 2020

Oil climbs more than $1/barrel as OPEC, allied producers agree record output cut

Oil prices jumped more than $1 a barrel on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to head off oversupply with the coronavirus pandemic hammering demand......»»

Category: topSource: reutersApr 12th, 2020