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By Anthony Lazzara |
December 17, 2012
Natural gas has had a significant sell off from November highs above $4. However, we believe natural gas is just coming out of oversold conditions and will stay above $3.20.
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By Moming Zhou, Bloomberg |
December 10, 2012
U.S. oil stockpiles dropped last week to the lowest level in almost two months as refineries ramped up fuel production, a Bloomberg survey showed.
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By Barbara J Powell, Bloomberg |
December 6, 2012
Gasoline sank to a four-week low after European Central Bank President Mario Draghi said the region’s economic weakness will persist, reducing fuel demand, and as U.S. budget talks are stalled.
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By Barbara J Powell, Bloomberg |
December 5, 2012
Gasoline fell to a three-week low after the Energy Department reported that inventories of the motor fuel rose the most last week since the terrorist attacks on the World Trade Center in New York.
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By Phil Flynn |
November 27, 2012
Well it seems that the bailout play has lost a little magic. Perhaps because the market is not sure that the terms of this Greek bailout is actually going to work.
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By Phil Flynn |
November 21, 2012
We all have a lot to be thankful for, especially if you are a commodity news junkie. It seems we have had a cornucopia of news and it just keeps giving.
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By Barbara Powell, Bloomberg |
November 20, 2012
Gasoline fell as Hess Corp. returned its New Jersey refinery to full production and as crude declined on optimism that Israel and members of the Islamist Hamas movement will agree to a cease-fire.
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By Anthony Lazzara |
November 19, 2012
Many “risk-on” asset classes are soaring this morning as Obama’s stated confidence on striking a deal to avert the so-called “fiscal cliff” scenario is giving stock bulls a reason to start buying again.
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By Mark Shenk, Bloomberg |
November 7, 2012
Oil fell from a two-week high in New York after President Barack Obama won re-election and as Greece prepared to vote on austerity measures.
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By Phil Flynn |
November 6, 2012
The late day spike seemed to start in Brent crude and could be a sign of the market growing uneasy with the violence on the Saudi-Yemen border.
