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By Christine Buurma, Bloomberg |
February 12, 2013
The U.S. raised its forecast for natural gas output in 2013 by 0.3% and lowered its outlook for prices. Marketed gas production will average a record 70.02 billion cubic feet a day this year.
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By Phil Flynn |
February 12, 2013
The G-7 and Eurozone finance minters supposedly were on target for a cease fire in the so called currency war, but the rhetoric yesterday seemed to shake up the falling crude market as an ECB bank official took aim and fired.
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By Phil Flynn |
January 22, 2013
Winter has come with a vengeance as we go into a deep freeze. Heating oil prices have been supporting products just as it seemed we were getting ready for our seasonal correction.
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By Grant Smith, Bloomberg |
January 16, 2013
OPEC reduced production to the lowest level in 14 months as budget wrangles in the U.S., speculation about stimulus measures in Japan and Europe’s struggle to boost growth clouded the outlook for fuel demand.
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By Wael Mahdi and Grant Smith, Bloomberg |
January 10, 2013
Saudi Arabia, the world’s largest crude exporter, reduced production to the lowest in 19 months as booming U.S. output and recovering shipments from Iraq threaten to oversupply the global oil market.
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By Dominick Chirichella |
January 9, 2013
The macro global supply and demand is coming down to U.S. and China...the part I did not think I would say is the U.S. part as the production success has been unprecedented.
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By Naureen S. Malik, Bloomberg |
January 8, 2013
The U.S. raised its forecast for natural gas output in 2013 by 0.4 percent and increased its outlook for prices by 1.6 percent on more normal winter heating demand.
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By Sholom Sanik |
January 8, 2013
Aside from piggybacking on the stock market rally, the strength in copper prices has been underpinned by what seem to be some bullish supply and demand fundamentals. But are the numbers trustworthy?
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By Phil Flynn |
January 8, 2013
The Energy Information Administration gave pause to natural gas bulls when it reported that U.S. gross natural gas production hit a record high 73.54 billion cubic feet a day in October.
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By Michelle Jamrisko, Bloomberg |
January 4, 2013
Orders to U.S. factories were little changed in November, depressed by a drop in non-durable goods that masked gains for capital equipment which point to a pickup in business investment in 2013.
