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By Toni Hansen |
March 3, 2013
This week, traders will keep a close eye on employment data, labor costs, productivity figures and natural gas inventories.
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By Moming Zhou and Mark Shenk |
February 20, 2013
West Texas Intermediate tumbled the most in three months following declines in metals on speculation that a commodity fund is selling positions.
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By Toni Hansen |
February 18, 2013
This week, the markets will move to the tune of new housing market data, inflation reports and leading economic indicators.
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By Phil Flynn |
February 15, 2013
A surge on talk of refining issues and tight gasoline blending components sent prices flying. Yet the lack of follow-through with crude oil and heating oil may mean that this run on gas may soon be coming to an end.
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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 Joseph Ciolli, Bloomberg |
February 12, 2013
The yen surged versus the dollar and euro after a Group of Seven official said a statement on exchange rates was misinterpreted and should be viewed as a sign of concern about excess moves in the Asian currency.
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By Phil Flynn |
February 1, 2013
Terror attacks! Explosions! Rumors of war! Yet oil remains unmoved. In a sad commentary on the world we live in the oil market has a built-in price for war terror and destruction.
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Roger Runningen and Joshua Gallu, Bloomberg |
January 24, 2013
Mary Jo White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, will be named by President Barack Obama to be chairman of the Securities and Exchange Commission, according to a White House statement.
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By Toni Hansen |
January 20, 2013
This week, traders will keep an eye on leading economic indicators, as well as a slate of housing market reports.