Currently viewing the tag: "Energies"

Crazy weather in the U.S. which has slowed rail shipments to exporting terminals is leading to China to cash in on the demand and capitalizing on shortages of U.S. tender in the Japan and South Korean markets. Even though these are not large percentages at the moment but the key fundamental support in the U.S. […]

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9 Million Reasons. The Energy Report 02/24/17

On February 24, 2017 - 8:13 AM By

There are 9 million reasons to get excited about the U.S. energy industry as U.S. oil production got back over 9 million barrels a day last week and U.S. energy exports are at a modern record all-time high. Still, oil prices closed at the highest level in 19 months as the uptick in production is […]

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With the Ethanol conference in San Diego this week President Trump wrote a letter assuring the industry of his beliefs of the importance of renewable fuels to America’s economy and is working to change the regulatory burden and reiterated that Greg Pruitt as the new head of the Environmental Agency (EPA) and senior advisor Carl […]

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Peak Oil. The Energy Report 02/23/17

On February 23, 2017 - 8:06 AM By

Oil is rising on peak oil concerns. OK, not the old failed ideology of “peak oil” but the fact that U.S. oil supply in the U.S. may have peaked as well as Exxon Mobil’s proven reserve. The American Petroleum Institute (API) in their weekly report said we had the first crude oil drawdown of the […]

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Yesterdays continued positive exports helped the Corn market to settle higher on the day closing close to the highs. It was not a fantastic rally but it showed how the exports are supporting this market as investors look to sell any substantial rally. In the overnight electronic session the March contract is currently trading at […]

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Nat Gas Cracked! The Energy Report 02/22/17

On February 22, 2017 - 8:22 AM By

Its February 22, 2017 and I am not wearing a coat to work! In Chicago for heaven sakes!  Do I need to explain any further why natural gas prices got pummeled! Temperatures that are more in line with spring or summer has save this market from what was a structural shortage. Now because Mother Natures […]

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[Barbara Kollmeyer, MarketWatch] If commodity bulls aren’t feeling the love in 2017 so far, they may get closer after Citigroup threw out a couple of upbeat calls on oil and copper this week. “Citi retains its bullish view on both crude oil and copper for 2017, seeing Brent potentially touching (around) $70/bbl. and LME copper […]

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The crude oil price broke out to the upside as European Union manufacturing data stunned analysts and give us a surge in oil. The February PMI gauge of Euro zone manufacturing activity came in at 56.0, compared to 54.3 that was the expected read. The rally happened despite a roaring dollar that was pumped on […]

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Export Inspections delayed a due to the Presidents Day holiday will be released at 10:00 A.M. and Milk Production at 2:00 P.M. March Crude Oil expires and we have earnings Home Depot, Macy’ and Wal-Mart. In the overnight electronic session the March Corn is currently trading at 369 ¼ which is 1 cent higher. The […]

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Gluts and Cuts! The Energy Report 02/17/17

On February 17, 2017 - 7:50 AM By

Oil prices are hanging in a tight trading range as the market tries to balance record U.S. petroleum inventories versus an outlook for a global tightening of supply as OPEC lays the groundwork for an extension of production cuts. The U.S. supply glut, while at a record high, looks smaller if you put it into […]

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It seemed like only yesterday or in reality last week the Copper market was flying and one of the three components of that rally was China’s participation creating euphoria that was quintessential to the winds in the sails buoyancy to bulls in the marketplace. Even with the Chinese New Year and Golden Week every investor […]

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This morning we start the day with weekly Export Sales, Housing Starts & Permits and Initial Jobless Claims at 7:30 A.M. and the EIA Gas Storage at 9:30 A.M. On the Grain front the market rallied yesterday with rains in South America which gave the complex a reason to rally after the last USDA Supply/ […]

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