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Copper under pressure from climbing dollar – ET Auto

Baua Electric

Copper inventories in warehouses monitored by the Shanghai Futures Exchange (ShFE) have dropped nearly 90% to 30,905 tons since late February. Copper prices steadied on Tuesday as improving factory activity data from top consumer China and low Shanghai inventories countered selling pressure fuelled by a higher dollar. A stronger U.S.

Auto 40
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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

While DoD and the services will have access to the wholesale fuel supplies they require, the purchase price may be uncomfortably high. As fuel consumers, DoD and the services have only one effective option to deal with high petroleum prices: to reduce use of petroleum fuels overall. Could oil production peak before 2030?

Price 225
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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

pled guilty in the District of Connecticut to a commodity price manipulation conspiracy. billion to resolve the government’s investigations into bribery and commodity and price manipulation. The Commodity Price Manipulation Case. In addition, as part of a separate resolution, Glencore Ltd., Together, Glencore and Glencore Ltd.,