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By KMH Capital |
April 25, 2013
Here are key price targets for Brent, WTI and Natural gas
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By Dominick Chirichella |
April 25, 2013
Heading into this morning’s EIA weekly Nat Gas report the futures market is hovering around the trading range lower support level and barely remaining above it.
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By Dominick Chirichella |
April 24, 2013
Firming equity markets in the U.S. were enough to bolster oil prices after their negative start on Tuesday reversing the selling from the decline in China’s PMI data.
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By Kris Hicks |
April 23, 2013
May Natural Gas dropped back lower on Monday after a revised weather forecast showed higher than expected temperatures in the upcoming days while pushing the market to close below a short-term trendline.
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By Kris Hicks |
April 22, 2013
Following Friday’s weak rally that was unable to hold a close above $89, oil should break down once again to test this past week’s low and if it is unable to hold, then follow through lower toward $83.06.
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By Phil Flynn |
April 19, 2013
OPEC is showing more concern about the rapid drop in oil prices. While a call from the hawks for a meeting is not unusual, it seems that OPEC special meeting or not will more than likely reign in production unless prices rebound dramatically.
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By Mark Shenk, Bloomberg |
April 18, 2013
West Texas Intermediate crude rose from a four-month low on signals that recent losses were exaggerated and as Spain sold more debt than planned.
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By Kris Hicks |
April 18, 2013
A falling U.S. equity market and rallying U.S. dollar should continue to give trouble to this abundantly supplied oil market as it moves lower to threaten the $80 mark in short order.
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By Phil Flynn |
April 18, 2013
Words like depression and deflation are again being talked about and it is possible that the commodity collapse in gold, copper and oil is sending an ominous warning about the direction of the global economy.
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By Kris Hicks |
April 17, 2013
May Natural Gas gave way to additional selling in the early goings of Tuesday’s pit session before rallying more than 7 cents going into the end of trading back near the day’s highs and Monday’s mid-range.
