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By Phil Flynn |
April 29, 2013
The oil market is getting a stimulating start as oil traders look to the ECB to give the trade a boost. Add a dash of stimulus and we see oil near a two week high.
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By Phil Flynn |
April 26, 2013
A sharp jump in gasoline demand this week and a report questioning North Sea output put petros in rally mode.
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By Sofia Horta e Costa |
April 25, 2013
Vodafone Group Plc climbed to a one-week high after a report that Verizon Communications Inc. may offer $100 billion for full control of Verizon Wireless
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By Phil Flynn |
April 25, 2013
We might just have a summer driving season after all. The EIA shocked the market by reporting that American responded to the dramatic two-week drop in gas prices by topping off their tank in the biggest weekly jump in gas demand since before the Thanksgiving Day holiday
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By Dominick Chirichella |
April 25, 2013
Heading into this morning’s EIA weekly Nat Gas report the futures market is hovering around the trading range lower support level and barely remaining above it.
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By Allendale Inc. |
April 23, 2013
A weather system in the U.S. Midwest, as well as news from both China and Brazil, are just a few of the factors moving grains.
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By Phil Flynn |
April 19, 2013
OPEC is showing more concern about the rapid drop in oil prices. While a call from the hawks for a meeting is not unusual, it seems that OPEC special meeting or not will more than likely reign in production unless prices rebound dramatically.
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By Phil Flynn |
April 10, 2013
Oil prices fluctuated yesterday on lots of news and lots of supply. An earthquake in Iran gave oil a pop, but after the close the American Petroleum Institute reported a whopping 5.1 million build in crude oil supply.
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By Matthew Leising |
April 8, 2013
The CFTC reportedly has issued subpoenas as part of an investigation into possible price manipulation of interest-rate swaps.
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By Phil Flynn |
April 8, 2013
Natural gas broke out above $4.00 in decisive fashion as the trade seemed to embrace the fact that Goldman Sachs has upped their natural gas forecast and catching up with the bottom that I called in January.
