From the daily archives: Wednesday, May 17, 2017

Who Is Your Buddy? [PRICE Links Video]

On May 17, 2017 - 1:14 PM By

With Patrick Dehaan Of Gas Buddy! Senior Analyst Phil Flynn discusses gas prices with Senior Petroleum Analyst Patrick Dehaan. Listen to their talk on gas pump myths, misconceptions, and what consumers can expect at the pumps this coming Memorial Day weekend. Futures and options trading involves substantial risk of loss and may not be suitable […]

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[Video, Fox Business News: Mornings with Maria] Price Futures Group analyst Phil Flynn discusses why OPEC may have to do more than extend its production cuts and the importance of oil rigs. Watch the latest video at video.foxbusiness.com http://video.foxbusiness.com/v/5437601639001/?#sp=show-clips  

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Morning Grains 05/17/17

On May 17, 2017 - 10:38 AM By

DJ CBOT Delivery Intentions: Totals – May 17
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
ROUGH RICE May May. 18, 2017 7 May 12, 2017 DJ USDA Monthly Grain Inspections: Exported By Rail – May 17
MS_GR210
Minneapolis, MN Wed May […]

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Morning Softs 05/17/17

On May 17, 2017 - 10:35 AM By

COTTON
General Comments: Cotton was limit down in July and lower in the new crop months. The charts imply that the current up move is fast coming to an end. It will be up to the buy side of the market to push futures higher, and the buyers might have problems doing so as […]

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[Daniel J. Graeber, UPI] Market optimism may be tested by evolving sentiment over President Trump’s growth objectives. Support for an extended OPEC-led effort to balance the market with production declines helped boost oil prices Wednesday despite a build in U.S. supplies. Russia and Saudi Arabia started off the rally this week by supporting a move […]

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The API weekly Energy Stocks showed builds of 882 thousand barrels with the street looking for draws of 2.2 million barrels. This bearish number could not squash the headlines earlier in the week with Saudi Arabia and Russia agreeing on extending production cuts. Also news on fracking that should give equilibrium to make up the […]

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Trumped Up. The Energy Report 05/17/17

On May 17, 2017 - 7:20 AM By

Global markets are in a tizzy because of concerns that the latest revelation that President Donald Trump may have “obstructed justice” by asking former FBI director James Comey to go easy on Thomas “Mike” Flynn the retired United States Army lieutenant general who was the first national security advisor appointed by President Trump. Apparently, there […]

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