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By Lu Wang and John Detrixhe, Bloomberg |
May 22, 2013
Treasuries tumbled with gold and the dollar rallied, while U.S. equities retreated, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.
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By Phil Flynn |
May 21, 2013
With gold and silver capitulating and Treasury yield rising, oil will have to balance the bearish implications of the Fed talking about an exit strategy versus the disinflation that is now plaguing Europe.
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By Phil Flynn |
May 17, 2013
Against a backdrop of rising supply and a murky economic backdrop, RBOB gasoline rises up out of the ashes. Ok maybe not ashes but rising on refining and pipeline issues as we get ready to top off the tank for the upcoming kickoff to the summer driving season.
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By Naureen S. Malik, Bloomberg |
May 16, 2013
Natural gas futures fell the most in two weeks in New York after a government report showed that a U.S. stockpile increase exceeded forecasts.
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By Phil Flynn |
May 16, 2013
Oil prices are falling despite a late day surprising dead cat bounce as oil inventories and weak industrial data weigh on the market outlook.
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By Asjylyn Loder, Bloomberg |
May 9, 2013
Natural gas futures were little changed in New York after dropping to a five-week low following a government report that showed a larger-than-forecast increase in U.S. stockpiles.
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By Christine Buurma, Bloomberg |
May 9, 2013
Natural gas, the worst-performing and most volatile commodity of the past decade amid a glut in supply, is replacing gold as a haven for commodity investors as the metal slumps.
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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 Phil Flynn |
May 8, 2013
Pull out the party hats! Dow closed above 15000 for the first time in history! Although the Dow is rocking, and that has been a factor in the increase in oil from the lows, Dow records are just not what they used to be.
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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.
