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Oil Up with Gasoline as Cyberattack Knocks Out Pipeline


by Bloomberg
|Monday, May 10, 2021
Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the U.S. out of action.
(Bloomberg) Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the U.S. out of action.
West Texas Intermediate and Brent both rose as gasoline surged as much as 4.2% to the highest since May 2018, before paring gains. Colonial Pipeline Co., a supplier of gasoline, diesel and jet fuel to the eastern U.S., was forced to halt operations late Friday, and said Sunday that it is still working toward a restart of the key artery that’s vital to energy flows across the country. ....

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Five macro trends to watch in commodities markets


Disruptive changes that could reshape the industry in the years to come
19 Apr 2021 | 
Fiona Boal
The S&P GSCI paved the way for three decades of index innovation in the commodities market and is the most widely recognized commodities index benchmark, just as when it launched in April 1991. While 30 years is a lifetime in commodities investing and there have been a number of marquee index-based solutions brought to market over this time, we anticipate that the next 30 years could bring even more disruptive changes to commodities market. Here are five trends that could become ascendant for the years to come: ....

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