This has been a bad year for commodities, as most are in a waterfall decline. Currencies of countries which rely on commodity exports are facing the heat. The Canadian loonie is on[...]
In a joint appearance with IMF head Christine Lagarde, Federal Reserve chief Janet Yellen announced on Wednesday, May 6, that equity market valuations are “generally quite high” an[...]
The US Energy Information Administration, in its weekly report on inventory levels of crude and refinery products released Wednesday, April 22, reported that US crude oil stocks ha[...]
The solar energy market had its best year ever in 2014. In the US, 32% of new power-generating capacity was attributed to solar power last year, ranking it second only to natural g[...]
On February 19, credit ratings agency Moody’s released a report arguing that the profitability of Canada’s big banks would be hurt if oil prices remained low, as this would raise t[...]
Following the collapse in crude oil prices during the second half of 2014, NYMEX WTI broke through the $50/bbl barrier very soon into 2015 – January 5 to be precise. The $50 [...]
In the first half of this decade, commodities markets experienced a sizeable degree of volatility. Many commodities performed exceptionally until around 2012; from 2013 onwards tho[...]
On 7th January 2015, the price of the Brent benchmark crude futures contract briefly slid below $50/bbl for the first time since April 2009. Its US counterpart, NYMEX WTI, dropped [...]
Several gas stations in Edmonton, Canada, are selling unleaded regular gas at 93.9 cents per litre, the cheapest price since January of 2013, as the global oil supply-demand equati[...]
Oil prices have been on the rise amid concerns that developments in oil-producing Iraq could affect worldwide supplies. Brent Crude was trading close to the highest level since Sep[...]