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BUB for President!? With Todd Horwitz!

On April 29, 2015 - 5:12 PM By

PRICE Links Video Series Access commentaries by the industry’s top market analysts straight from the floor of the CME Group. Hosted by PRICE Futures Group’s Senior Analyst Phil Flynn. BUB for President!? With Todd Horwitz! PRICE Futures Group’s Senior Analyst Phil Flynn discusses Bubba’s opinions on today’s markets and why he should be elected president! [...]

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By Barani Krishnan | Reuters | Oil prices remained under pressure on Tuesday, with Brent settling lower and U.S. crude near flat, as worries about swollen U.S. crude stockpiles cut price gains from an early rally on security scares in the Middle East and a weak dollar. After an early rally, selling pressure grew as [...]

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U.S. Oil Prices Inch Higher

On April 28, 2015 - 6:03 PM By

By Down Jones Business News | U.S. oil prices ended Tuesday with a modest gain, after a brief spike following the news that Iran seized a Western cargo ship in the Strait of Hormuz. Light, sweet crude for June delivery rose 7 cents, or 0.1%, to $57.06 a barrel on the New York Mercantile Exchange. [...]

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Supply glut hurts oil prices

On April 28, 2015 - 9:57 AM By

Arab News via Reuters | Crude futures edged up but relinquished early gains and briefly turned lower in choppy trading on Monday as a global supply glut continues to cap gains and traders took profits after oil’s earlier push higher. Prices rose initially on concerns about turmoil in Yemen, expectations for no quick return to [...]

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By Myra P. Saefong | MarketWatch Natural-gas futures fell on Monday to settle at their lowest level in almost three years, pressured by expectations that U.S. production may soon start to rise just as demand for the energy source slows in the so-called off season. Oil futures, meanwhile, finished lower — just below $57 a [...]

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By Grant Smith & Moming Zhou | BloombergBusiness Oil traded near the highest price this year on concern that Saudi Arabia’s military campaign in Yemen will disrupt Middle East supplies. Saudi Arabia deployed National Guard troops to its southern borders, state-run Saudi Press Agency reported, a month after airstrikes were launched on Houthi rebels in [...]

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By Steve LeVine | Quartz.com The last 11 months have been an unlikely journey for oil, with its widely unanticipated price dive, Saudi Arabia’s uncharacteristic refusal to stem the bloodletting, and financial havoc for petro-powers and energy companies. But as improbable as the journey has been, it is not over. A number of leading analysts say [...]

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PRICE Links Video Series Access commentaries by the industry’s top market analysts straight from the floor of the CME Group. Hosted by PRICE Futures Group’s Senior Analyst Phil Flynn. GRAIN DRAIN! With Jack Scoville. PRICE Futures Group’s Senior Analyst Phil Flynn discusses this week’s factors affecting the Grain and Softs markets with Jack Scoville, Sr. [...]

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By Lynn Doan and Dan Murtaugh | BloombergBusiness Oil needs to recover to $65 a barrel for U.S. drillers to tap a pent-up supply locked in shale wells and unleash more crude on markets than is produced by Libya. Dipping into this “fracklog” would add an extra 500,000 barrels a day of oil into the [...]

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By Mark Shenk | BloombergBusiness Crude climbed to a four-month high after Saudi Arabia renewed its aerial assault on Shiite rebels in Yemen, bolstering concerns that Middle Eastern oil shipments may be disrupted. Futures rose 2.8 percent in New York and 3.4 percent in London as the Saudi-led raids marked an escalation of the civil [...]

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By Moming Zhou | BloombergBusiness U.S. oil futures climbed near their highest level of the year on speculation that supply growth is beginning to slow. Genscape Inc. was said to report a drop in inventories at Cushing, Oklahoma, the delivery point for West Texas Intermediate contracts, in the second half of last week, according to [...]

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By Shawn Ingram | TheStreet.com Shares of SandRidge Energywere gaining 2.2% to $2.08 Monday as oil prices were rising due to a drop in stockpiles at the delivery point for U.S. crude. WTI crude oil for May delivery was up 1.4% to $56.51 a barrel Wednesday, and Brent crude oil for June delivery was up 0.1% [...]

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