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By Dominick Chirichella |
April 3, 2013
Oil prices are drifting lower ahead of this morning’s EIA oil inventory report and after the API reported a much larger than expected build in crude oil but partially offset by a larger than expected draw in gasoline stocks.
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By Supunnabul Suwannakij and Chanyaporn Chanjaroen, Bloomberg |
April 1, 2013
Corn futures headed for a bear market, falling to the lowest price since July, on signs of ample supplies in the U.S., the world’s top grower and exporter. Wheat reached a nine-month low, and soybeans tumbled.
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By Tony C. Dreibus, Bloomberg |
March 28, 2013
Corn plunged the most since May, sparking a slump in soybeans and wheat, after the government said U.S. inventories were bigger than analysts forecast and that farmers will plant the most since 1936.
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By Dominick Chirichella |
March 27, 2013
After three strong up days the spot WTI contract is on the defensive this morning ahead of today’s EIA oil inventory report. WTI is now in a new higher technical trading range with $94.50 the support area and $97 the current resistance level.
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By Christine Buurma, Bloomberg |
March 21, 2013
Natural gas futures slid after trading at an 18-month high above $4 in New York following a government report showing that U.S. stockpiles declined by less than expected last week.
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By Moming Zhou, Bloomberg |
March 20, 2013
West Texas Intermediate oil rose after a government report showed U.S. inventories unexpectedly declined last week and as European policy makers weighed bailout options for Cyprus.
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By Phil Flynn |
March 15, 2013
Natural gas surged to a 15-month high inspired by a bullish supply report from the EIA. While many attribute the surge in demand to all of the cold weather, just below the surface something much more significant is going on.
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By Christine Buurma, Bloomberg |
March 14, 2013
Natural gas futures jumped to a three-month high in New York after a government report showed that U.S. stockpiles last week fell to the lowest level in almost two years.
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By Mark Shenk, Bloomberg |
March 13, 2013
West Texas Intermediate oil pared gains after an Energy Information Administration report showed that U.S. inventories gained last week as production rose.
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By Michelle Jamrisko, Bloomberg |
March 13, 2013
Inventories in the U.S. rose in January by the most since May 2011 as companies replenished warehouses and shelves amid signs demand will pick up.
