Myra P. Saefong
Moneyish
San Francisco, CA, United States
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Recent articles by Myra:
Oil futures fall sharply, with U.S. prices ending at a 2-week low
Oil futures finished sharply lower on Monday, with U.S. benchmark prices marking their lowest finish since two weeks. Oil sold off amid the ongoing lockdowns... → Read More
Gold futures mark lowest finish in about 2 months
Gold futures fell on Monday to mark their lowest settlement in roughly two months. Strength in the U.S. dollar pressured prices for the precious metal, with... → Read More
Oil futures post a loss for the week on demand concerns
Oil futures settled lower on Friday, contributing to a loss for the week. Market bears are concerned that "oil demand may not persist amidst the cloudy... → Read More
Loss of fertilizer supplies from Russia feeds food inflation, benefits other producers
Fertilizer costs have roughly doubled from a year ago as the war in Ukraine disrupted the flow of supplies from Russia, the world’s largest exporter of the... → Read More
Corn futures climb to their highest prices in nearly a decade
Corn futures climb past $8 a bushel on Monday, with concerns over the loss of exports from Ukraine and lower 2022 U.S. planting intensions lifting prices to... → Read More
What's next for gasoline prices?
A gallon of regular gasoline costs over 40% more than a year ago as U.S. drivers head into Easter weekend, with prices at the pump unlikely to see a... → Read More
Why natural-gas prices just notched a 5th straight weekly gain
Natural-gas futures on Thursday post a gain for the holiday-shortened week, their fifth weekly climb in a row, with prices for the fuel settling at their... → Read More
Where oil stands 2 years after its historic drop below zero dollars a barrel
Nearly two years have passed since U.S. benchmark West Texas Intermediate oil settled below zero dollars a barrel. But the shock from the one-day plunge... → Read More
U.S. natural gas prices just hit a 13-year high. Blame coal, say analysts
Natural-gas futures settled Thursday at their highest price since December 2008, with a rise in coal prices, tight supplies and global worries about energy... → Read More
Why U.S. consumers suspect gas price gouging --- and how much stations actually profit from a gallon of the fuel
A House panel will hold a hearing this week with oil company executives as consumers across the country allege gasoline price gouging at the pump, where... → Read More
Gold prices under pressure as U.S. bond yields rise after jobs data
Gold futures lose ground on Friday, heading for a weekly loss, with prices pressured by a rise in Treasury yields on the heels of a rise in U.S. March... → Read More
Strong demand for EVs look to contribute to a decade or more shortage for lithium
Electric vehicles have seen strong sales growth in the past two years, contributing to a significant climb in prices for the lithium needed to build the... → Read More
U.S. corn and soybean stocks rise, but corn plantings forecast cut: USDA
Reports from the U.S. Department of Agriculture on Thursday reveal higher U.S. corn and soybean stocks, along with a lower forecast for this year's planted... → Read More
What Biden's historic decision to release oil reserves means for the market
Oil prices drop on Thursday, pressured by news of the biggest-ever release of oil from the U.S. Strategic Petroleum Reserve and a decision by other major oil... → Read More
Wheat futures on track for lowest finish in a month on hopes for progress in Ukraine-Russia talks
Wheat futures are among commodity prices taking a hit Tuesday as traders react to news of potential progress over negotiations between Ukraine and Russia,... → Read More
What traders think of U.S.-led efforts to block gold transactions by Russia's central bank
The U.S. made it clear on Thursday that any transaction involving gold related to the Central Bank of the Russian Federation is covered by existing... → Read More
Why OPEC+ is likely to stick to its oil output plan when it meets next week
The group of major oil producers known as OPEC+ may keep its production plans in place even as crude prices trade at about their highest levels since 2008,... → Read More
Could oil hit $300 a barrel? Why Russia's deputy prime minister seems to think so
Here's what analysts think of Russian Deputy Prime Minister Alexander Novak's prediction for $300 oil prices if the world rejects Russia's crude oil. → Read More
Gas prices fall for first time in 12 weeks, but expert says decline may be short-lived
U.S. gasoline prices at the pump marked their first decline in 12 weeks on Monday, but demand for the fuel has continued to climb despite near-record high... → Read More
Nickel market tumult continues: What investors need to know
Nickel trading on the London Metal Exchange was suspended on March 8 after prices more than doubled in a short span of time. Trading reopened until eight... → Read More