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By Kris Hicks |
May 24, 2013
June Natural Gas moved considerably higher on Thursday following a lower than expected injection into storage and propelled the market to its highest close in three weeks.
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By Phil Flynn |
May 15, 2013
Oil is sinking on demand concerns as Europe looks like it is getting more deeply mired in recession. While Germany had some growth, France is going back into recession.
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By Jamie Macrae |
May 13, 2013
Since the beginning of February, the discount of WTI to global prices has fallen quickly, primarily because of changes in pipeline infrastructure that has brought cheaper mid-continent crude oil to the U.S. Gulf coast.
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By Phil Flynn |
May 9, 2013
The WTI/Brent oil spread fell below $8 for the first time in two years as the U.S. is reestablishing itself not only as a major oil consumer but also as major world oil producer.
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By Dominick Chirichella |
May 8, 2013
Oil fundamentals remain biased to the bearish side as supply is projected to continue to outstrip global demand in the second quarter resulting in global inventories moving into a building pattern.
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By Ben Sharples |
May 7, 2013
West Texas Intermediate crude was little changed after the first drop in four days as data showed U.S. stockpiles climbed for a second week.
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By Kris Hicks |
May 3, 2013
Natural gas created significant technical damage and even though it is oversold, drastically, traders should look to sell any rallies heading into the weekend.
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By Moming Zhou, Bloomberg |
May 2, 2013
West Texas Intermediate crude gained the most in almost six months as the number of Americans filing applications for unemployment benefits slipped and the European Central Bank reduced interest rates to a record low.
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By Dominick Chirichella |
May 1, 2013
After attempting to breakout through the upper range resistance level, all of the commodities in the oil complex failed and have been in retreat mode since early yesterday and into this morning so far.
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By Phil Flynn |
April 29, 2013
The oil market is getting a stimulating start as oil traders look to the ECB to give the trade a boost. Add a dash of stimulus and we see oil near a two week high.
