Commodities

Foremost Lithium Resource & Technology Ltd (NASDAQ:FMST) has begun drilling at its Snow Lake, Manitoba development in Canada. Jason Barnard, president and CEO of Foremost Lithium, told Benzinga at the recent Prospectors And Developers Association of Canada (PDAC) conference in Toronto, that the...

Graphite is a mining underdog. It’s one of the least known of the critical materials that go into making batteries. The market is currently controlled by China — unless Nouveau Monde Graphite (NYSE:NMG) and a handful of other Canadian companies can have a say. Graphite is used in the...

China is no longer building fossil fuel power stations at the rate of two a week, as the world opts for greener energy options. Still, the metals needed to achieve these goals will surge again, according to Patricia Mohr, commodities expert and a former vice president at Scotiabank. Mohr told...

Gas prices at the pump are on the rise and could lead to a higher national average next month, exacerbating inflation concerns and lowering the prospect of interest rate cuts during the first half of 2024. According to the American Automobile Association’s Gas Prices Monitor, the national...

After hitting a fresh record high on Monday, cocoa prices have slumped 13% — a sharp fall in just three days. But experts say the market remains in critical short supply, which is why Valentine’s Day chocolates were so expensive. Meanwhile, hedge funds continue to build up long positions....

The price of U.S. natural gas rose more than 11% on Wednesday, taking its gains this week to nearly 13% after producer Chesapeake Energy Corp (NASDAQ:CHK) said it was lowering its output. Natural gas futures have fallen 48% from their most recent peak in early January, hitting a three-and-a-half...

Gold exchange-traded funds have edged lower so far this year after gaining around 13% in 2024, based on the performance of the most liquid product — the SPDR Gold Shares ETF (NYSE:GLD). Prices remain above the $2,000 level as geopolitical tensions and expectations of lower interest rates have kept...

The biggest squeeze in the cocoa market in more than a decade has pushed prices of the commodity to record highs in recent sessions as hedge funds have piled into cocoa futures since the start of the year. This has been great news for the speculative investors and funds at the heart of this trade,...

Prospects for diamond prices are looking brighter as a multitude of factors are set to drive up costs in the coming years. What Happened: A plethora of elements including tighter supply, increased demand, and a predicted surge in weddings are all contributing to the optimistic market outlook,...

Amidst escalating tensions in Israel, fertilizer companies are witnessing a surge in their stock prices, driven by concerns over global nutrient supplies essential for food crops. The Impact of The Crisis: The recent surprise attack by Hamas on Israel has thrust the Port of Ashdod, a critical...

Energy stocks have remarkably outperformed their tech counterparts over the past three months. The driving force behind this surge? A resounding oil rally. WTI-graded crude oil has experienced a remarkable ascent of over 30% since mid-June. This dramatic increase can be attributed to a combination...

Producer Price Index (PPI) inflation data for May, to be released on Wednesday, June 14, will set the stage for the highly anticipated Federal Reserve meeting where interest rates will be determined. The market’s expectations of the Fed’s rate hikes coming to an end were solidified...

The U.S. and its Western allies are reassessing global supply chains in order to weaken China’s grip on critical minerals, but this move comes at a cost: a secular inflation. Concerns over China’s dominance in crucial energy transition materials have pushed Western countries to...

Humanity’s survival in the face of artificial intelligence (AI) progress hangs precariously in the balance, with odds no better than a coin flip, warns Peter Berezin, chief global strategist at BCA Research. In a publication titled “ChatGPT And The Curse Of The Second Law,” the...

DowDuPont Inc (NYSE: DWDP) was formed due to the recent merger between Dow Chemical Co (NYSE: DOW) and E I Du Pont De Nemours And Co (NYSE: DD). The merger was completed Aug. 31, 2017. About three months into DowDuPont's existence as a merged entity, Goldman issued a bullish call on the...