Prices

(Reuters) – China Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas …

Biden Admin Admits Drilling Plan Will Force Dependence On Foreign Oil, Hike Prices Jack McEvoy on August 26, 2022 President Joe Biden’s Department of the Interior (DOI) found that cutbacks …

TOKYO (Reuters) – Core consumer prices in Japan’s capital Tokyo rose in August at their fastest pace in nearly eight years, as inflationary pressures broadened due to higher fuel and …

(Reuters) – Norway’s Yara, one of the world’s largest fertiliser-makers, is cutting ammonia production in Europe further because of the surge in gas prices, following other manufacturers. Below are some …

Dem-Controlled States Look To Block Crucial Pipeline Project Amid Blackout Warnings, Skyrocketing Prices Jack McEvoy on August 24, 2022 Attorney generals (AGs) from California, Oregon and Washington are calling for …

By Gabriel Araujo SAO PAULO (Reuters) – Brazilian consumer prices fell in the month to mid-August thanks to lower fuel prices on the back of tax cuts, the country’s IBGE …

By Riya Sharma and Savyata Mishra (Reuters) – Earnings of Australia’s two biggest supermarket chains may get a boost from sustained demand for groceries and other essentials, but their comments …

By Tejaswi Marthi and Harish Sridharan (Reuters) – Australia’s biggest listed coal miners are expected to report record annual profits this week, underpinned by soaring commodity prices, even as they …

WASHINGTON (Reuters) – U.S. existing home sales fell to a fresh two-year low in July, further evidence that the Federal Reserve’s aggressive monetary policy tightening campaign was dampening demand for …

By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the …

By Praveen Paramasivam and Deborah Mary Sophia (Reuters) -Home Depot Inc on Tuesday surpassed estimates for quarterly results as demand from builders and higher prices helped the biggest U.S. home-improvement …

Trenton, NJ – Gas prices are under $4 per gallon in most of America, but not so much in New Jersey. At the Jersey Shore, gas prices are still in …

BEIJING – China’s new home prices in July were unchanged for a second month as already fragile sentiment was further corroded by a mortgage boycott by homebuyers upset by unfinished …

By Jonathan Cable LONDON – The Bank of England will deliver another bumper 50 basis points (bps) increase to borrowing costs next month but then slow the pace to a …

By Peter Hobson LONDON – Slowing economic growth is weighing on industrial metals prices but zinc and aluminium are likely to outperform if sky-high energy prices force European smelters to …

By Padraic Halpin DUBLIN – Irish house prices returned in June to levels not seen since the credit-fuelLed peak of 2007, after data on Friday showed further rapid rises that …

Inflation, Gas Prices Make Even Walmart Too Expensive As Foot Traffic Nosedives John Hugh DeMastri on August 11, 2022 Many Walmart shoppers who moved to more local budget options like …

‘Bidenflation’: Despite Plummeting Energy Costs, Producer Prices Remain High John Hugh DeMastri on August 11, 2022 The Producer Price Index (PPI), which measures the average change in the prices set …

Inflation Rages On As Gas, Food Prices Squeeze Americans John Hugh DeMastri on August 10, 2022 Inflation remains at historic highs, at 8.5% from July 2021 to 2022,  according to …

Beef Prices Are Going To Stay High — Here’s Why John Hugh DeMastri on August 9, 2022 Cattle ranchers believe that beef prices will remain high as inflation, high energy …

(Reuters) – Ford Motor Co said on Tuesday it would raise the prices of its electric F-150 Lightning pickup as the U.S. carmaker deals with surging raw material costs. The …

By Tom Polansek CHICAGO – U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds due to drought and lofty …

TORONTO – Home prices in the Greater Toronto Area (GTA) fell for the fifth straight month in July, as rapidly rising interest rates further doused the city’s once-red-hot housing market, …

WASHINGTON – The Biden administration is focused on keeping oil prices down, the White House said on Wednesday after OPEC+ members decided top raise oil output by 100,000 barrels per …

By Cynthia Kim SEOUL – South Korea’s residential property prices are likely to drop by up to 2.8% in two years with a full percentage point hike in policy interest …