Currently viewing the tag: "Energies"

Aaron Nathans | The News Journal | Delmarva Power’s natural gas heating customers are expected to pay less this winter, according to a filing the utility made with the Public Service Commission on Friday. The decrease comes as domestic sources of once-expensive natural gas have allowed the company to charge less for the fuel in [...]

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by Dan Weissmann | Marketplace Business International commodity markets are full of little mysteries. For example: Why would a market player buy a whole bunch of something when the market is full of that very thing? In this case, the thing is diesel fuel in Europe. The continent’s last winter was mild, so there’s plenty in [...]

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New York (Platts) NYMEX October crude settled $1.41 higher at $95.96/barrel Friday amid still-strong fundamentals and a repricing-in of geopolitical risk.ICE October Brent lagged slightly, setting 73 cents higher at $103.19/b. Products finished in positive territory as well, led by NYMEX September RBOB, which settled 3 cents higher at $2.7827/gal. September ULSD closed 79 points [...]

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Knoxville, Tennessee (Platts) NYMEX October natural gas futures settled 2.1 cents higher at $4.065/MMBtu Friday as traders covered short positions ahead of the long US Labor Day holiday weekend. “Where traders are short, they’re covering going into the weekend, plus fundamentals have been a little more friendly when it comes to the weather,” said Phil Flynn, [...]

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By Nicole Friedman | Wall Street Journal NEW YORK—U.S. oil prices gained Thursday on upbeat economic data, while global benchmark Brent ticked lower despite escalating tension in Ukraine. Light, sweet crude for October delivery settled up 67 cents, or 0.7%, at $94.55 a barrel on the New York Mercantile Exchange, a six-session high. Brent fell [...]

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Talking to sources and farmers alike it looks like we saw some holding back on Corn to induce higher prices and with a record crop anticipated and a lot more carryover we may see due to farmers planting More Corn for the Ethanol Mandate which drove prices to high levels. Now looking at a record [...]

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Rising risks of conflict in Ukraine and deflation in Europe and the lack of a US strategy against ISIS is setting off an oil rally. Strong GDP data in the United States is a sharp contrast to the economic struggles in Europe that are only going to get worse if there are more sanctions on [...]

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Allen Sykora | KITCO News News reports of cyber attacks on some major U.S. banks, possibly originating in Russia, reinforces the value of holding at least some gold in a portfolio, says Phil Flynn, senior market analyst with Price Futures Group. “Say what you want about the value of gold as a currency replacement or [...]

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By Moming Zhou | Bloomberg West Texas Intermediate crude gained for a third day as the U.S. economy expanded more than previously forecast in the second quarter, boosting expectations for strong oil demand. U.S. gross domestic product rose at a 4.2 percent annualized rate last quarter, up from an initial estimate of 4 percent, the [...]

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By William Watts | MarketWatch NEW YORK — Crude-oil futures erased an early decline Thursday to show just minor gains after Kiev said Russian forces crossed into eastern Ukraine, seizing a coastal town and several villages. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October CLV4, +0.66% trose 19 cents, [...]

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Financials: Dec. Bonds are currently 16 higher, 10 Yr. Notes 6 higher at 125’26.5 and 5 Yr. Notes fractionally higher at 109’15.0. Renewed military activity between Russia and Ukraine have rallied the Bonds in “risk off” trade, flight to safety. Given the upcoming long weekend I am on the sidelines in these particular treasuries. That [...]

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Hurricane Cristobal is heading north as Disturbance number 1 is likely to hit South Texas or Mexico. The second Tropical Wave is located over the eastern Caribbean Sea and the third Disturbance that has us traders watching is moving off the west coast of Africa. In the overnight electronic session the October Natural Gas is [...]

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