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By Mark Shenk, Bloomberg |
April 3, 2013
Crude dropped after an industry report showed that U.S. oil stockpiles climbed to a nine-month high as output held at the highest level in more than two decades.
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By Mark Shenk, Bloomberg |
April 2, 2013
West Texas Intermediate crude rose as U.S. equities surged after data showed U.S. factory orders exceeded forecasts, signaling increasing economic growth and fuel demand.
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By Phil Flynn |
March 11, 2013
After a late spike on Friday afternoon and more follow through this morning, RBOB futures are rebounding like crazy. Refiners are drawing down winter blend inventories and supply is falling.
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By Inyoung Hwang, Bloomberg |
March 5, 2013
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve.
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By Phil Flynn |
February 25, 2013
Natural gas is popping and readers of The Energy Report know that long-term I think we have hit a major bottom, and it looks like I am not alone.
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By Greg Quinn, Bloomberg |
January 31, 2013
Canada’s gross domestic product expanded at the fastest pace in seven months in November on gains in manufacturing, mining and energy.
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By Grant Smith |
January 30, 2013
The lowest oil volatility in 17 years is pushing down options costs, setting up trades that BNP Paribas SA and Commerzbank AG say will profit when prices start swinging again.
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By Phil Flynn |
January 29, 2013
RBOB futures soared and rocked to the highest level since last September as concern about tight supply in a New York harbor is causing a bit of panic. It seemed to get an extra shot of enthusiasm when Hess announced it is exiting the refining business
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By Adam Satariano, Bloomberg |
January 24, 2013
Apple Inc. plunged the most in more than two years after posting the slowest profit growth since 2003 and the weakest sales increase in 14 quarters, fueling concern that mounting costs and competition may curtail growth.
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By Stephen Kirkland and Rita Nazareth, Bloomberg |
December 10, 2012
Stocks rose for a fourth day and metals rallied as economic data in China beat estimates and investors weighed prospects for a U.S. budget deal. Italy’s stocks and bonds slid as the prime minister planned to resign.