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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 James Paton, Laurie Hays and Soraya Permatasari, Bloomberg |
April 10, 2013
BHP Billiton Ltd., the biggest mining company, said the shale boom in the U.S. will spur an industrial revival and transform the world’s largest economy.
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By Phil Flynn |
March 15, 2013
Natural gas surged to a 15-month high inspired by a bullish supply report from the EIA. While many attribute the surge in demand to all of the cold weather, just below the surface something much more significant is going on.
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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 Tsuyoshi Inajima and Sally Bakewell, Bloomberg |
February 20, 2013
Japanese Prime Minister Shinzo Abe will ask U.S. President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors.
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By Tom Schoenberg and Brian Wingfield |
February 7, 2013
A former natural-gas trader at Amaranth Advisors LLC, with support from the CFTC, asked a federal appeals court to overturn a $30 million fine over alleged market manipulation.
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By Naureen S. Malik, Bloomberg |
November 26, 2012
Natural gas tumbled the most in 15 weeks as revised forecasts showing an unusually warm start to December signaled reduced demand for heating fuels.
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By Phil Flynn |
October 16, 2012
So Greece is getting cash and Spain is going to ask for help, so sit back and get ready for a bailout bounce. While demand expectations have taken a hit, will it matter if the risk play comes back on?
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By Naureen S. Malik, Bloomberg |
October 9, 2012
Natural gas futures advanced to a five-day high in New York before a government report that may show a below-average inventory increase for last week.