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By Phil Flynn |
February 14, 2013
The oil bulls that were riding a wave of bullish demand optimism lost confidence after the International Energy Agency said that perhaps traders shouldn’t be just that excited.
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By Mark Shenk, Bloomberg |
February 13, 2013
West Texas Intermediate oil in New York dropped after the Energy Information Administration said U.S. crude output rose to the highest level in 20 years.
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By Asjylyn Loder, Bloomberg |
February 13, 2013
A record surge in U.S. oil production that has moved the country closer to energy independence threatens the existence of OPEC, according to analysts at Citigroup Inc.
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By Phil Flynn |
February 12, 2013
The G-7 and Eurozone finance minters supposedly were on target for a cease fire in the so called currency war, but the rhetoric yesterday seemed to shake up the falling crude market as an ECB bank official took aim and fired.
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By Philip Burgert |
February 1, 2013
Although the supply outlook is increasingly positive, global demand questions remain for oil, natural gas and other energy products.
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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.
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By Mark Shenk, Bloomberg |
January 22, 2013
Oil increased to a four-month high as German investor confidence climbed more than economists expected and a Bloomberg survey showed that international optimism about equities gained.
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By Moming Zhou, Bloomberg |
January 18, 2013
Oil headed for the longest weekly winning streak in 14 months in New York after growth accelerated in China, the world’s second-biggest crude-consuming country.
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By Phil Flynn |
January 18, 2013
The threat to their energy facilities is sending shivers across Europe as Algeria is the number three supplier of gas to Europe and a supplier of high quality sweet crude oil.
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By Grant Smith, Bloomberg |
January 16, 2013
OPEC reduced production to the lowest level in 14 months as budget wrangles in the U.S., speculation about stimulus measures in Japan and Europe’s struggle to boost growth clouded the outlook for fuel demand.