The Indonesian government's move to cut nickel ore production from 2026 is expected to tighten raw material supply and weaken low-price competition from Chinese steelmakers, Walsin Lihwa said, adding ...

A prolonged conflict in the Middle East could push prices even higher, as the busy driving season approaches. By Emmett Lindner Gasoline prices in the United States jumped nearly 11 cents a gallon on ...

How long prices remain high will depend on what the United States, Israel and Iran do next. Note: Data is the Brent international benchmark as of 8:30 a.m. Eastern time Monday. Source: LSEG Data & ...

U.S. producer prices rose 0.5% in January, exceeding economists' expectations. The increase suggests businesses may be passing on higher costs from import tariffs to consumers. Economists believe this ...

President Donald Trump said during his state of the union address that prices for foods like eggs, chicken and beef have declined. However, chicken and beef prices have increased since he took office ...

Nickel stocks are trading sharply higher on Thursday after the Indonesian government ordered the world's largest nickel mine, PT Weda Bay Nickel, to significantly reduce production this year. The mine ...

Nickel extended gains after Indonesia signaled a sharp cut to output this year, curbing supply from the world’s biggest mine in a bid to revive prices. The metal rose for a fourth day to its highest ...

Sprott Nickel Miners ETF (NIKL) jumped 5.7% in premarket trade as nickel prices rose on Wednesday after the Indonesian government ordered the world's biggest nickel mine to cut production to boost ...

Nickel prices jumped Wednesday on the London Metal Exchange after the Indonesian government ordered the world's biggest nickel mine to cut production to boost global prices of the battery metal.

The world’s biggest nickel mine in Indonesia has been told to slash output, as authorities step up efforts to boost global prices of the battery metal. PT Weda Bay Nickel has been notified it will ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

LONDON, Jan 23 (Reuters) - Nickel prices have been on an explosive rally as the market bets that Indonesia, the world's largest producer of the battery metal, will hit the brakes on its runaway output ...