In May 2016, energy prices increased by 10.8%, and the prices of non-energy commodities rose by 1.5%. Food prices picked up by 4.6%. Beverages increased by 1.3%. Raw materials went up by 0.6%, and fertilizers dropped by 0.7%. Metals and minerals declined by 3.3%, and precious metals rose by 1.9%.
News
June 15, 2016
Oil is the world’s number 1 export product. Amounting to 4.8% of the global value of all export products, crude oil shipments totaled US$786.3 billion for 2015.
That figure represents a -50.3% drop in value since 2011 and a -44.4% decline from 2014 to 2015.
May 20, 2016
Most commodity price indexes rebounded in February-March from their January lows on improved market sentiment and a weakening dollar. Still, average prices for the first quarter fell compared to the last quarter of 2015, with energy prices down 21 percent and non-energy prices lower by 2 percent.
May 20, 2016
Of course trains can’t fly over oceans like airplanes. But compared to airplanes train travel is cheap, comfortable and scenic. The most modern high speed train service can also take you from city to city within a few hours. Here is a list of 10 fastest trains in the world.
May 19, 2016
MADISON, Wis.—Apple’s $1 billion investment in China’s leading ride-hailing service company Didi Chuxing has surprised automotive industry observers. But it makes one thing clear: “It sort of tips Apple’s hand,” Egil Juliussen, director of research, Infotainment & ADAS at IHS Automotive, told EE Times. “Apple is developing driverless cars.”
April 14, 2016
There's been so much hype about driverless cars anyone would think they were on the verge of taking over the world.
But there are many reasons why fully autonomous vehicles - to use a more formal name - will take much longer to reach mass adoption than tech utopians like Google would have us believe.
Here's a rundown of the main challenges they face.
April 12, 2016
In March 2016, energy prices increased by 14.8%, and the prices of non-energy commodities rose by 2.8%. Food prices picked up by 2.1%. Beverages increased by 4.3%. Raw materials increased slightly by 1.2%, and fertilizers dropped by 5.2%. Metals and minerals increased by 6.0%, and precious metals rose by 3.6%.