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By Phil Flynn |
June 14, 2013
When it comes to gas prices in the Midwest it seems that lightning strikes again and again and again. Just when it seemed that Midwest refineries were starting to get their act together, lightning strikes and prices go crazy again.
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By Chris Vermeulen |
June 13, 2013
Seasonal charts allow us to look at what the average price for an investment does during a specific time of the year. The gold and oil seasonal charts below clearly show that we are entering a time where price tends to drift higher.
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By Kris Hicks |
June 13, 2013
July Natural Gas rallied off its overnight lows on Wednesday to close above the previous day’s mid-point and log its first substantial gain in almost three weeks.
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By Phil Flynn |
June 13, 2013
Warnings that crude supply could tighten by the International Energy agency gave bulls reasons for hope, yet OPEC is warning of potential threats to the oil market's balance and reported an increase in its own output in May.
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By Dominick Chirichella |
June 12, 2013
Oil prices are steady as we await confirmation from the EIA of a massive build in supplies. The IEA also just released their monthly oil market assessment and also lowered global oil consumption slightly for 2013.
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By Kris Hicks |
June 12, 2013
July Natural Gas once again saw an increase in downward pressure in the second half of trading on Tuesday as it continues to press toward my long-standing call of a return to the original breakout price of $3.65.
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By Phil Flynn |
June 12, 2013
Now that we are back to normal, the market at least for now, is focused on a mountain of supply and a questionable central bank stimulus putting oil back on the downward track.
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By Frank Holmes |
June 11, 2013
Given this rising interest rate environment, we wondered how gold, oil and other commodities, as well as energy and materials stocks have historically performed. With a hot economy, will we see hot commodities?
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By Phil Flynn |
June 11, 2013
The EIA shocked in a good way when they reported a major increase in global oil supply! According to that number and assuming the world consumes 19 million barrels of oil per day, we then have 497 years of oil left.
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By Debarati Roy, Bloomberg |
June 10, 2013
Hedge funds increased wagers on a gold rally to the highest in seven weeks before a report showing the U.S. added more jobs than forecast spurred the biggest retreat in prices since April.
