Currently viewing the category: "Broker News Network"

  Vice President Obaid Khalifa Al Khaiili of the Al Khaiili family of Abu Dhabi [PRICE Links Video Series] Recorded on: 9/18/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you [...]

Continue Reading

(Kitco News) – Gold futures are modestly softer in reaction to a stronger U.S. dollar and equities early Friday, holding just above the lows hit this week that were the weakest levels since the start of the year. As of 8:06 a.m. EDT, gold for December delivery was $4.20 lower at $1,222.70 an ounce on the Comex division [...]

Continue Reading

Why Are Gas Prices Going Down? [Audio-WGN Radio]

On September 18, 2014 - 10:48 PM By

WGN Radio | Chicago Motorists have something to look forward to this fall: the lowest gas prices in four years. That’s according to a prediction from GasBuddy.com, the price-tracking website. Company analysts said the nation’s average gas price should tumble to a range of $3.15 to $3.25 for a gallon of regular. That would make [...]

Continue Reading

By Mark Shenk | Bloomberg West Texas Intermediate and Brent crudes dropped as a stronger dollar curbed the appeal of commodities to investors looking for a store of value. Futures dropped as much as 1.5 percent in New York and 1.6 percent in London. The dollar reached a six-year high against the yen after the [...]

Continue Reading

Oil mixed after OPEC-fueled bounce

On September 17, 2014 - 8:41 AM By

NEW YORK (MarketWatch) — Oil futures are mixed Wednesday, a day after long-suffering crude posted a sharp rebound on talk of a potential production cut by the Organization of the Petroleum Exporting Countries and expectations the Federal Reserve won’t be more aggressive in signaling future rate hikes. West Texas intermediate crude for October delivery on [...]

Continue Reading

Oil up on Opec production cut talk

On September 16, 2014 - 1:15 PM By

NEW YORK — Brent and US crude futures rose more than a dollar on Tuesday on the prospect of a possible Organisation of the Petroleum Exporting Countries (Opec) production cut and on news that Libya curbed output after rockets hit an area near a refinery. Oil prices pushed higher early after Opec secretary general Abdallah [...]

Continue Reading

Quartz (qz.com) | US oil companies plan a massive campaign in the coming months to persuade president Barack Obama to overturn a ban on the export of crude oil that has held since the Arab embargoes of the 1970s. Their motivation is understandable enough: profit. Crude oil exports are opposed by the US chemical and [...]

Continue Reading

The Globe and Mail | World oil prices sank to their lowest intraday level in more than two years after the West’s energy-security watchdog cut its forecast for demand growth, threatening the earnings momentum that had returned to the Canadian oil patch. The International Energy Agency said in its September oil market report that economic [...]

Continue Reading

By Robert Gibbons | Reuters NEW YORK, Sept 11 (Reuters) – Benchmark Brent crude dropped to a two-year low on Thursday, falling for a sixth straight session as increasing supply and signs of weakening demand countered worries that conflicts in the Middle East could curb output. Oil prices fell in tandem early in the day, [...]

Continue Reading

By Dan Murtaugh and Lynn Doan | Bloomberg Drivers across the U.S. enjoying the lowest pump prices for this time of year since 2010 will probably see further declines as refineries benefiting from the shale boom produce record amounts of fuel. The average is $3.433 a gallon, down 6 percent since Memorial Day on May 26, AAA data show. [...]

Continue Reading

Its USDA Time Already! [PRICE Links Video]

On September 5, 2014 - 10:19 AM By

  Its USDA Time Already! With Jack Scoville. [PRICE Links Video Series] Recorded on: 9/4/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the industry’s [...]

Continue Reading

By Anna Louie Sussman and Robert Gibbons | NEW YORK, Sept 3 (Reuters) – Crude oil prices rose by more than $2 a barrel on Wednesday off multimonth lows as the prospect of peace talks between Ukraine and Russia combined with strong U.S. economic data raised demand expectations. New orders for U.S. factory goods jumped [...]

Continue Reading