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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»