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Stock Market 12 February 2026

Lithium price rises in China, but Albemarle stock sinks after Kemerton plant goes idle

Lithium price rises in China, but Albemarle stock sinks after Kemerton plant goes idle

Albemarle shares fell 6.8% to $163.50 on Thursday after the company said it would idle the remaining operating “train,” or processing unit, at its Kemerton lithium hydroxide plant in Western Australia, effective immediately. Chief executive Kent Masters said “recent lithium price improvements” were “not enough” to offset the strain on “Western hard-rock lithium conversion operations.”
Brent crude price slides on IEA demand cut — what traders are watching next

Brent crude price slides on IEA demand cut — what traders are watching next

Brent crude dropped $1.26, or 1.82%, settling at $68.14 a barrel by 1616 GMT on Thursday. The International Energy Agency’s reduction of its 2026 demand-growth outlook took center stage, pulling focus away from the Middle East supply concerns that had lifted prices earlier. U.S. West Texas Intermediate slipped $1.24, or 1.92%, to $63.39. “It just ran out of steam,” said Phil Flynn, senior analyst at Price Futures Group.
12 February 2026
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