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By Moming Zhou and Mark Shenk |
February 20, 2013
West Texas Intermediate tumbled the most in three months following declines in metals on speculation that a commodity fund is selling positions.
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By Phil Flynn |
December 28, 2012
As we get ready to say goodbye and good riddance to 2012, we are also saying goodbye to oil’s historic run. Unless oil make a last minute run it appear that West Texas Intermediate oil could have its first losing year since the meltdown in 2008
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By Philil Flynn |
December 21, 2012
A must read Energy Information Agency report that showed significant increases in U.S. production of crude oil and other liquid fuels and the outlook for further growth
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By Moming Zhou, Bloomberg |
December 10, 2012
U.S. oil stockpiles dropped last week to the lowest level in almost two months as refineries ramped up fuel production, a Bloomberg survey showed.
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By Canaccord Genuity Morning Coffee |
December 6, 2012
Freeport-McMoRan Copper & Gold said on Wednesday it plans to acquire Plains Exploration & Production and McMoRan Exploration in a $9 billion cash and stock deal
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By Lynn Thomasson, Bloomberg |
November 23, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its biggest weekly rally since June, the euro strengthened and oil climbed as German business confidence unexpectedly rose
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By Canaccord Genuity Morning Coffee |
November 5, 2012
As reported by Reuters, Chevron Corp posted earnings that were much lower than expected as maintenance exacerbated a decline this year in oil and natural gas production.
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By John L. Caiazzo |
October 28, 2012
From "Frankenstorm" to fresh economic reports, markets have a lot to react to this week as the U.S. presidential election looms on the horizon.
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By John L. Caiazzo |
October 14, 2012
With the November U.S. elections pending, and the expected results too close to call, the markets are settling in until certainty reveals itself.
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By Anthony Lazzara |
October 10, 2012
Crude oil, after a swift drop to the key $88 level, has reversed course and now is trading over $93. This $93 level is our key pivot for this market.
