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By Phil Flynn |
April 11, 2013
While gasoline production fell back a bit from its seasonally high rate, imports to the East and West Coast helped create a big surge in gasoline supply.
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By Phil Flynn |
March 27, 2013
Oil prices tried to put Cyprus aside and decided to focus on improving U.S. economic data and seasonal factors. There are still fear that there could be a run on banks across Europe.
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By David McLaughlin and Beth Jinks |
March 20, 2013
Aurelius Capital Management sued directors of Energy Future Holdings Corp., claiming loans made within the power producer harmed creditors.
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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 Phil Flynn |
March 14, 2013
In the past when OPEC’s back has been against the wall, like the late-1990s, energy prices and demand rebounded to save them from the ash heap of history. Yet this time may be different. Why? Because OPEC is not the only game in town!
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By Julie Johnsson and Naureen S. Malik, Bloomberg |
March 11, 2013
A glut of government-subsidized wind power may help accomplish a goal some environmentalists have sought for decades: kill off U.S. nuclear power plants while reducing reliance on electricity from burning coal.
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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 Press Release |
February 14, 2013
CFTC Chairman Gary Gensler addressed customer protections and upcoming reforms to the swaps market today in a hearing before the Senate Banking, Housing and Urban Affairs Committee.
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By Naureen S. Malik, Bloomberg |
January 4, 2013
Natural gas futures extended gains in New York after a government report showed a larger-than-forecast supply drop.
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By Matthew Leising |
December 20, 2012
In 2001, power company executive Jeffrey Sprecher wandered the exhibits of the futures-trading industry’s annual convention with an idea nobody wanted to hear.