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By Barbara Powell, Bloomberg |
February 14, 2013
Gasoline jumped to a four-month high as the March contract’s discount to April futures narrowed for the first time in four days.
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By Phil Flynn |
February 8, 2013
The Brent-WTI spread continued to widen due in part to the growing U.S. oil glut but also because of an increase in the geo-political risk trade. Iran dashed hopes that there might actually be progress with the Iranian nuclear soap opera.
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By Dominick Chirichella |
January 16, 2013
In spite of market participants focusing more of their attention on the perception of what global oil demand might be down the road, the nearby fundamentals remains mostly biased to the bearish side.
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By Sholom Sanik |
December 12, 2012
Despite the severe drought in the Northern Hemisphere this past summer, the global supply of vegetable oils is actually expected to grow in the 2012-13 marketing year.
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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 Matthew Brown and Rita Nazareth, Bloomberg |
November 19, 2012
Global stocks snapped the longest losing streak in almost a year amid optimism a deal can be reached to avoid automatic U.S. spending cuts and tax increases. Oil led commodities higher. The dollar and Treasuries fell.
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By Lananh Nguyen, Bloomberg |
November 12, 2012
U.S. oil output is poised to surpass Saudi Arabia’s in the next decade, making the world’s biggest fuel consumer almost self-reliant and putting it on track to become a net exporter, the International Energy Agency said.
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By Phil Flynn |
October 5, 2012
The West Coast gas market is in chaos, driving prices to record highs and causing shortages of gasoline and the closing of gas stations. Refinery fires and maintenance have conspired to reduce supplies.
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By Anthony Lazzara |
September 10, 2012
This morning we focus on the Gold futures market. We notice that gold has broken out of its three-month trading range and now the former resistance level of $1,650 has turned into a key support level.
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By Dominick Chirichella |
July 11, 2012
EIA lowered their projection for global oil consumption for 2012 and 2013 versus last month's report. It now is projecting a reduction of about 100,000 bpd in 2012 and 400,000 bpd in 2013.
