Currently viewing the tag: "Energies"

Naureen Malik, Bloomberg. U.S. natural gas bulls may reap the benefits of the East Coast heat wave long after it ends. Five of 12 analysts and traders surveyed by Bloomberg see gas prices advancing while four expect them to remain steady, near four-week highs. The rest were bearish. Blazing temperatures in the eastern U.S. this […]

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In the overnight electronic session the Grains are easing off the highs of the current rally that bolstered Grain traders to dare say Beans in the teens. The Corn market is trading the inconsistency of the weather forecast and we are expecting hot weather next week. The September Corn is currently trading at 330 ¼ […]

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Oil prices dipped into a bear market as natural gas soared on the smallest inventory injection in a decade. Oil prices continue to feel the fallout from the Brexit as it has reduced demand expectations and sent the dollar soaring. Natural gas had seen selling pressure because of weakness in crude oil but could not […]

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Naureen Malik, Bloomberg. U.S. natural gas futures rallied the most in four weeks after a government report showed the smallest inventory gain in a decade. Gas stockpiles rose by 17 billion cubic feet last week to 3.294 trillion, the smallest storage injection for the time of the year since a withdrawal was reported in 2006, […]

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As we hunker down and wait to see what weather risk is next Mother Nature is far from done in showing who the boss is. On the Grain front whispers of China tendering a large offer to buy Soybeans brought the bulls back to the table. Again we are talking global demand versus global supply […]

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Royal Dutch Shell earnings missed expectations by a billion dollars and the result may be more cutbacks in capital spending. That was a 72% drop in profits. The big miss follows disappointing results from BP as the Industry is feeling the effects from the collapse in refining margins which was the savior of big oil […]

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Oil prices continue to fade as the oil trade is losing confidence about the global economic outlook. Because of slowdown, fears surrounding Brexit and an uncertain political environment, optimism that rising demand would meet the trend of decline production has been pushed back by a couple of months. The trade today will focus not only […]

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Commercial trade fears continue as demand fears weaken as Europe as what type of tariffs or trade barriers have awoken with Britain leaving the European commerce zone. The FED and Global banks are not helping matters in this conundrum that leaves speculators backpedaling keeping investors from rising to the occasion at the worst possible moment […]

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Besides the FED meeting investors will be monitoring Consumer Confidence and New Home Sales at 9:00 A.M. Weekly API Energy Stocks at 3:30 P.M. More earnings expected today as well with already results in with Verizon having mixed results while Caterpillar, United Technologies and DuPont beating the streets expectations. On the Corn front the market […]

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Oils closed below $44.00 a barrel suggesting there are underlying weakness not only in the energy sector but in the global economy. It is becoming more clear the Brexit vote was just enough to slow demand
We saw that pain played out in BP earnings that saw their profits plunge by 45% as reefing […]

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Storms that started late last week and some farmers in certain growing areas are doing backflips while others did not receive rain that was forecasted and others are concerned with flooding. As I mentioned the storms produced plenty of rain and I will get updates from down on the farm throughout the day. We also […]

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Oil prices continue to feel pressure from a rising U.S. dollar and rising rig counts but the long  term  outlook for the global oil market is looking ever more scary. As the oil industry continues to contract, the investment in oil for the long haul continues to retrench. While we are focused on what we […]

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