• Following reports that Russian forces further invaded Ukraine, Intermediate (WTI) crude oil have increased to more than $100 per barrel (b). The front-month Brent contract price closed just below $115/b at press time. The Brent crude oil price last rose above $100/b in late 2014. The front-month WTI contract price closed above $110/b at press time, after previously settling…
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This Week’s Market Buzz
• Oil prices jumped 3% at press time, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant. Brent crude climbed $2.59, or 3.9%, to $67.75 a barrel after touching its lowest since May 21 at $64.60. U.S. West Texas Intermediate (WTI) crude for October…
Read MoreFirst Look – July 2016
U.S. Concrete Makes New York AcquisitionU.S. Concrete Inc. has acquired the assets of NYCON Supply Corp., a ready-mixed concrete producer headquartered in the Long Island City neighborhood of Queens, N.Y. Mulzer Recognized for Commitment to Employee HealthCigna has selected Mulzer Crushed Stone Inc. as a winner of the annual Cigna Well-Being Regional Award for demonstrating a strong commitment to improving the health and wellness of…
Read MoreThis Week’s Market Buzz
Oil prices turned higher as investors weighed data showing a drop in U.S. crude supplies against the Organization of the Petroleum Exporting Countries’ decision not to freeze production. The U.S. data demonstrated how more than a year of low prices and spending cutbacks by oil companies are leading to shrinking supplies, helping reduce the oversupply of crude oil without intervention…
Read MoreFrac Sand: Long-Term Prospects Still Good
According to Wisconsin Public Radio, despite oil prices hitting their lowest point in more than a decade, some frac sand market analysts expect prices to improve and demand for Wisconsin sand to build this year.
Read MoreFirst Look – April 2014
TOP NEWS ConExpo-Con/Agg Breaks RecordsTotal registration was 129,364 and the show set new records for exhibit space, number of exhibitors and education tickets sold. NSSGA Unveils Strategic PlanRocks Build America plan is targeted to rebuilding America’s crumbling transportation infrasturcture. NIOSH Honors Luck StoneTechnology innovation implemented by Luck Stone cited by National Institute of Occupational Safety and Health.
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