Currently viewing the tag: "Energies"

By Nicole Friedman | Wall Street Journal NEW YORK–Oil futures tumbled Tuesday on concerns that U.S. crude-oil supplies could near or even exceed an all-time high, as domestic oil production keeps rising. Light, sweet crude for May delivery settled down $2.24, or 2.2%, at $102.13 a barrel on the New York Mercantile Exchange, the lowest [...]

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Gasoline greener than biofuels?

On April 23, 2014 - 10:33 AM By

By Mike Emanuel | Published April 22, 2014 | FoxNews.com Biofuels produced from waste products left from harvested corn plants are worse than gasoline in terms of carbon emissions, according to a $500,000 study paid for by the federal government and published in the journal Nature Climate Change. The study said biofuels made with corn [...]

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The Corn & Ethanol Report 4/23/14

On April 23, 2014 - 8:58 AM By

Good Morning! In the overnight electronic session the May Corn proved it resiliency showing a benchmark of $5 as key resistance at this point. In the overnight electronic session the May Corn is currently trading at 495 ½ which is ¾ of a cent lower. The trading range has been 498 ¼ to 495 ¼ [...]

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The Nemenoff Report 4/23/14

On April 23, 2014 - 8:55 AM By

Financials: June Bonds are currently 14 higher at 134’12 and the 10 Yr. Note 8 higher at 123’28. We continue to hold the long 10 Yr./short Bond spread in the belief that at some point rates will edge higher and the yield curve will widen. A less risky position will be long the 5yr./short the [...]

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The Energy Report 4/23/14

On April 23, 2014 - 8:48 AM By

Rising Tide! A rising tide of oil inventory is calming the oil market is a scary world. Word that Ukraine would restart an offensive against pro-Russian militants after the apparent torture and killing of a politician from the loyalist party. West Texas crude fell against Brent crude as inventories in the US hover close to [...]

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By Sabina Zawadzki NEW YORK, April 22 (Reuters) – U.S. crude futures fell on Tuesday as investors anticipated rising production and inventories in the world’s top oil consuming nation and felt less risk stemming from the Ukrainian crisis, increasing the discount of the U.S. benchmark to Brent futures. U.S. crude fell $1.9 percent to $102.45 [...]

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The Windy City Trader 4/22/14

On April 22, 2014 - 10:28 AM By

Hello Fellow Traders, I’m sure everyone has heard about the guy who traveled from San Jose to Hawaii in the wheel well of an airplane. OK, I know they have been putting a lot of restrictions on those frequent flier miles but this is ridiculous. This Week’s Commentary Metals: Gold, silver and copper all failed [...]

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The Corn & Ethanol Report 4/22/14

On April 22, 2014 - 8:29 AM By

Good Morning! Whoa Whoa  Whoaaaah It’s Turnaround Tuesday! Not to be confused with Runaround Sue. With Europe mostly still on holiday the volume showed as much in yesterday’s action. This morning the Grain Complex bounced back from yesterday’s pummeling. In the overnight electronic session the May Corn is currently trading at 492 which is 3 [...]

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The Energy Report 4/22/14

On April 22, 2014 - 8:27 AM By

Refining Mishaps! Forget all about that supply of high quality shale crude for a moment as refiners have a string of issues that is increasing gasoline prices. This come as the Wall Street Journal is raising concerns about a surge in US gasoline exports. The Wall Street Journal reports that ”drivers in the U.S. are [...]

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By Sabina Zawadzki LONDON, April 21 (Reuters) – Oil strengthened slightly on Monday, with U.S. crude futures supported by positive economic data, but oil prices were still below highs reached on Thursday as traders saw little new to augment their worries over tensions in Ukraine. U.S. crude futures jumped 30 cents a barrel after the [...]

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By Myra P. Saefong and Victor Reklaitis | MarketWatch Crude for May delivery /quotes/zigman/2196845/realtime CLK4 +0.27% tacked on 23 cents, or 0.2%, to $104.53 a barrel on the New York Mercantile Exchange. A close around this level would be the highest since March 3, according to FactSet data tracking the most-active contracts. The May contract [...]

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The Corn & Ethanol Report 4/21/14

On April 21, 2014 - 9:32 AM By

Good Morning! After a long weekend we are back at it today. While watching farmers in the field in Northern Illinois and Southern Wisconsin working in high gear getting the fields ready for planting as the weather was somewhat cooperative for the first time this season. Hopefully, they will get the seedlings planted as Mother [...]

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