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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 Alexander Kwiatkowski and Winnie Zhu, Bloomberg |
May 15, 2013
Two weeks after Royal Dutch Shell Plc and Platts changed the way more than half of the world’s crude is valued, the companies along with BP Plc and Statoil ASA are being probed by European antitrust regulators about potential manipulation of oil prices.
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By Shobhana Chandra, Bloomberg |
May 15, 2013
Industrial production declined in April by the most in eight months, reflecting broad-based cutbacks in U.S. manufacturing that show factories will provide little support for the economy.
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By Phil Flynn |
May 14, 2013
Following several years of stronger-than-expected North American supply growth, the shockwaves of rising U.S. shale gas and light tight oil and Canadian oil sands production are reaching virtually all recesses of the global oil market.
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By Jamie Macrae |
May 13, 2013
Since the beginning of February, the discount of WTI to global prices has fallen quickly, primarily because of changes in pipeline infrastructure that has brought cheaper mid-continent crude oil to the U.S. Gulf coast.
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By Phil Flynn |
May 13, 2013
The oil market got heavy as word of a possible story of a Fed exit, which started to permeate the trading floor on Friday. The other issue is oil going down to the Gulf Coast and whether our production boom will overwhelm the refineries.
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By Phil Flynn |
May 10, 2013
The President is pushing for natural gas exports. He must have run the numbers and now realizes what a positive impact it will have on his economy.
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By Anthony Lazzara |
May 9, 2013
Crude is down almost $1 to $95.75. We believe this is mainly fear premium regarding the Syria situation. Technically, it looks as though oil is at the top of its downward channel.
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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.
