Japan February Producer Prices Up 9.3% Y/Y Amid High Energy Costs, Supply Bottlenecks
–Japan Producer Prices Post Rises 0.8% M/M for 2nd Straight Rise By Max Sato (MaceNews) – Producer prices in Japan continued climbing from year-earlier levels in February amid lingering global supply constraints and high fuel and electricity costs, with the pace of increase hitting a fresh 41-year high partly in reaction to a slight dip […]
Analysis: Oil Falls Back as Speculators Take Profit, Market Players Reassess Ukraine Situation
By Vicki Schmelzer (MaceNews) – Crude oil prices have backed down from recent highs as speculative accounts take profit and market players reassess the situation in Ukraine. News that the International Energy Agency members would release more crude oil stocks and hopes for progress in Thursday’s Russia-Ukraine talks appeared to spur long liquidation Wednesday, along […]