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By Phil Flynn |
March 13, 2013
Oil prices are trying to find their seasonal bottom. A bounce yesterday on strong retail sales and happy talk out of Europe, seemed to give the complex a technical bounce.
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By Whitney McFerron and Luzi Ann Javier, Bloomberg |
March 11, 2013
Corn rose for a third session in Chicago as a government report showed U.S. inventories will remain at a 17-year low on increasing use of the grain in livestock feed. Soybeans and wheat advanced.
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By Lorraine Woellert, Bloomberg |
March 8, 2013
Inventories at U.S. wholesalers jumped in January by the most in more than a year as companies shrugged off concerns about fiscal policy and ramped up in anticipation of rising consumer demand.
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By Naureen S. Malik, Bloomberg |
March 7, 2013
Natural gas futures climbed to a 13-week high in New York after a government report showed that U.S. inventories fell by more than forecast last week as cold weather boosted demand.
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By Phil Flynn |
March 7, 2013
Oil prices fall as U.S. oil supply rises to a record for as long as the Energy Information Administration has been keeping records. You have to go back almost 70 years to find a time when energy supplies were this high at this time of year.
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By Barbara Powell, Bloomberg |
March 6, 2013
Gasoline sank as the Energy Information Administration reported East Coast stockpiles increased and imports jumped. Crack spreads narrowed.
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By Dominick Chirichella |
March 6, 2013
The relatively balanced global fundamental situation has been keeping oil prices under control as the market has been in a short term downward trading channel since breaking through key technical support levels in the middle of February.
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By Sholom Sanik |
March 4, 2013
Cotton prices have been on a tear, bucking the trend of many commodities. The rally is somewhat of a surprise, because global warehouses are reportedly stocked to the rafters.
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By Phil Flynn |
February 27, 2013
With the negative outlook, gold and silver and the bonds got a boost and oil was unmoved as it focused on what seems like an ever increasing supply situation.
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By Christine Harvey |
February 26, 2013
Crude options volatility increased as oil fell to an eight-week low before the release of a government report that may show U.S. inventories rose.
