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By Phil Flynn |
October 24, 2012
Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7% this year to an average of 10.9 million barrels per day.
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By Phil Flynn |
October 17, 2012
There was one thing that the President had right in last night’s Presidential debate. The price of gasoline was low in the beginning of his presidency because the economy was tanking.
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By Silla Brush |
October 13, 2012
CME Group Inc., energy traders and Wall Street banks won delays and exemptions from the CFTC as regulations intended to improve oversight of the swaps market took effect.
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By Dave Lindorff |
September 25, 2012
Researchers find 62% of derivatives used by oil and gas companies don’t qualify for hedge accounting.
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By Dominick Chirichella |
September 5, 2012
The oil complex is in a battle between the perception traders, who look for more stimulative measures, and the reality traders, who see the global economy is slowing and demand for oil will continue to decline.
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By Phil Flynn |
August 31, 2012
Ben Bernanke and his Jackson Hole speech may overshadow news coming from the aftermath of Hurricane Isaac, yet it is in Russia that America’s new shale gas revolution is shaking things up.
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By Canaccord Genuity Morning Coffee |
July 31, 2012
Engineering company Chicago Bridge & Iron said that it has agreed to buy Shaw Group to create one of the world's most complete engineering and construction company focused on the energy industry.
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By Rita Nazareth and Julia Leite, Bloomberg |
July 30, 2012
Most U.S. stocks fell following the biggest two-day rally of the year, while European equities rose for a third day and Spanish bonds rallied on speculation policy makers will take action to ease the region’s debt crisis.
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By Rachel Graham and Richard Frost, Bloomberg |
July 30, 2012
Stocks rose, sending U.S. and European benchmark indexes to almost four-month highs, and Spanish bonds rallied on speculation policy makers will take action to ease Europe’s debt crisis.
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By Phil Flynn |
May 23, 2012
Oil zoned out late in the trading session on an admission from former Greek Prime Minister that preparations for an exit from the Eurozone are being considered
