Commodities
A Market Mystery: The ‘Wheat Whale’ That Came Out of Nowhere
Still, it’s undeniable that retail investors played a role. Amateur investors, many of whom embraced trading during the pandemic, have emerged as a force in the markets. Many of them gather on Reddit message boards to discuss trading tips and strategies. Early last month, the Teucrium wheat E.T.F. became a trending topic. On March 7, […]
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Biden will tap oil reserve, hoping to push gasoline prices down.
Energy experts said the reserve release would pack more punch if other countries, like China, also sold oil from their stockpiles. The International Energy Agency, an organization of more than 30 countries, will meet Friday and may recommend further releases from national reserves. Russian oil exports normally represent more than one of every 10 barrels […]
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How the War in Ukraine Could Slow the Sales of Electric Cars
Russia’s invasion of Ukraine has shaken the global market for nickel just as the metal gains importance as an ingredient in electric car batteries, raising fears that high prices could slow the transition away from fossil fuels. The price of nickel doubled in one day last week, prompting the London Metal Exchange to freeze trading […]
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