Tag: Commodity market
How high inflation is restricting the US’ scope for sanctions
Gas station in California Inflation is driving up gasoline prices in the US. Tough sanctions against Russia are likely to reinforce this development. (Photo: Reuters) Berlin, Brussels Americans have not…
Prices at their highest level since 2014 – safe havens in demand
Dusseldorf In view of the critical situation in Ukraine, investors stock up on crude oil at the start of the week. That pushes oil prices to their highest levels since…
High energy prices: Oil companies write billions in profits
Dusseldorf The big oil and gas companies are currently reporting one record after the other: the highest profits in seven years, a cash flow as last seen in 2008 and…
High energy prices: Oil companies write billions in profits
Dusseldorf The big oil and gas companies are currently reporting one record number after another: the highest profits in seven years, a cash flow as last seen in 2008 and…
Building materials are up to 77.3 percent more expensive
construction site Metals were a good quarter more expensive overall. (Photo: dpa) Berlin Delivery bottlenecks, scarce raw materials and increased demand made building in Germany much more expensive last year.…
Industry Posts Record Backlogs – Production for 4.5 Months
Car industry The order backlog is particularly large in the automotive industry. (Photo: dpa) Berlin According to a survey, German industry can produce longer than ever with its current order…
Industry Posts Record Backlogs – Production for 4.5 Months
Car industry The order backlog is particularly large in the automotive industry. (Photo: dpa) Berlin According to a survey, German industry can produce longer than ever with its current order…
Mining group starts recycling electric car batteries
Glencore headquarters in Baar The Swiss commodity giant is getting into the recycling of e-car batteries. (Photo: Reuters) Zurich The Glencore mining group is getting into the recycling of old…
Opec-plus remains when production quotas are raised – oil prices rise
oil production The price for the WTI variety climbed to its highest level in seven and a half years. (Photo: dpa) Zurich It was a handshake that sent a signal:…
Rock Tech announces second lithium factory in Germany
Dusseldorf, Zurich The German-Canadian company Rock Tech Lithium wants to build more factories in Germany than previously known. The listed company wants to set up two of the five production…
The fall in prices is over, the energy transition is becoming more expensive
wind power Renewables are becoming more expensive. (Photo: dpa) Dusseldorf For ten years, the cost of renewable energy has known only one way – down. The unstoppable fall in prices…
Russia was Germany’s most important supplier in 2021
Eugal natural gas pipeline in Mecklenburg-Western Pomerania Around half of the natural gas and hard coal imports in 2021 came from Russia. (Photo: dpa) Berlin Germany’s energy bill rose to…
How record prices for metals threaten to slow down the energy transition
Berlin, Zurich Gas, coal and oil prices have rallied like never before. Due to the efforts for more climate protection, some high energy prices are likely to become permanent. But…
How record prices for metals threaten to slow down the energy transition
Berlin, Zurich Gas, coal and oil prices have rallied like never before. Due to the efforts for more climate protection, some high energy prices are likely to become permanent. But…
Gold price hits highest level since November
gold bar The price of the precious metal defies interest rate concerns. (Photo: AFP) Zurich Gold is enjoying renewed popularity despite investors anticipating ever tighter monetary policy from the US…
Oil could become scarce at times
oil production Despite climate change, the demand for fossil raw materials continues to rise. (Photo: dpa) Berlin A year ago, given the business forecasts under pressure from the energy transition,…
Oil could become scarce at times
oil production Despite climate change, the demand for fossil raw materials continues to rise. (Photo: dpa) Berlin A year ago, given the business forecasts under pressure from the energy transition,…
A ban on exports to emerging countries poses a new threat
Bangkok Indonesia started the new year with a shock for the global energy markets: The world’s largest exporter of steam coal announced that it would completely stop deliveries of the…
A ban on exports to emerging countries poses a new threat
Bangkok Indonesia started the new year with a shock for the global energy markets: The world’s largest exporter of steam coal announced that it would completely stop deliveries of the…
German production is unexpectedly shrinking, while exports are increasing
Container port Exports went surprisingly well. (Photo: imago images / Rupert Oberhäuser) Berlin The German economy, plagued by stubborn material shortages, surprisingly cut back production in November. Industry, construction and…