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By Jeremy van Loon and Rebecca Penty, Bloomberg |
May 22, 2013
Oil pipelines, under attack from environmentalists, are essential to Canada’s economic growth just as railroads were in the 1880s, Enbridge Inc. Chief Executive Officer Al Monaco said.
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By Mark Shenk, Bloomberg |
January 22, 2013
Oil increased to a four-month high as German investor confidence climbed more than economists expected and a Bloomberg survey showed that international optimism about equities gained.
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By Moming Zhou, Bloomberg |
January 14, 2013
Oil rose to the highest level in almost four months as service began on the expanded Seaway pipeline and heating oil jumped.
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By Phil Flynn |
January 4, 2013
So much for Federal Reserve transparency, it is very clear after the release of the Fed minutes that the Federal Reserve either misled the market after the last Fed meeting or there is something more sinister going on.
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By Asjylyn Loder, Anthony Dipaola and Grant Smith, Bloomberg |
December 13, 2012
Whether crude costs $60 a barrel or twice that amount, the U.S. is almost free of depending on imported energy and positioned to supplant Saudi Arabia as the world’s No. 1 producer of oil.
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By Dan Murtaugh, Bloomberg |
September 7, 2012
The U.S. shale boom has driven the cost of Gulf Coast light, sweet oil to its lowest level versus Brent crude in almost a quarter century as the nation’s dependence on foreign supplies wanes.
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By Lananh Nguyen |
August 2, 2012
For the first time, London is overtaking New York as the global hub for trading oil futures.
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By Moming Zhou, Bloomberg |
May 22, 2012
U.S. oil inventories climbed for a ninth week, reaching a 21-year high, as growing production bolstered a supply glut in the days before the Seaway pipeline began to move crude to refineries along the Gulf Coast.
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By Phil Flynn |
May 15, 2012
Germany may have kept the Eurozone out of a technical recession but is their growth going to be enough to stop oil’s gritty abatement?
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By Phil Flynn |
May 8, 2012
The euro currency technically and fundamentally is in trouble and so too is the long commodity trade. Traders more and more will seek safe harbor in the dollar and bonds, and commodities will seek to trade in a lower range.
