Currently viewing the tag: "Energies"

In the overnight electronic session the September Corn is currently trading at 365 ½ which is 1 ½ cent higher. The trading range has been 366 to 363 so far. Weather is still a factor as we have severe thunderstorms forecasted tonight which will bring in cooler weather following this current heat dome and could [...]

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August crude is going off with a bang as violence in the Gaza strip and fears of Russian sanctions is coming ahead what some people fear will be a big drop in Cushing Oklahoma supply. Cushing Oklahoma of course is the delivery point for the West Texas Intermediate contract and we saw August crude go [...]

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By Moming Zhou | Bloomberg West Texas Intermediate crude rose to the highest in more than two weeks as strong refinery demand reduced U.S. inventories. Prices gained for a third time in four days. U.S. refineries operated at the highest rate in nine years in the week ended July 11, according to the Energy Information [...]

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Financials: Sept. Bonds are currently 8 higher at 138’10, 10 Yr. Notes 1 higher at 125’10.5 and 5 Yr. Notes 0.5 lower at 119’05.5. Global tensions (Ukraine, Israel, Iraq, etc.) are providing underlying support to these markets at the moment. On Friday recommended the long 10 Yr./short Bond spread around the 12’16 area and once [...]

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Even with hot humid weather moving in the bears are pushing the pedal to the metal again. In the overnight electronic session the August contract is currently trading at 3.855 which is .096 cents lower. The trading range has been 3.893 to 3.844 so far. On the Corn front the slide is in this market [...]

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Global markets are weak as the combination of increasing calls for tough sanctions on Russia and heavy fighting between Israel and the Palestinians is adding uncertainty to global economic outlook. The evidence is mounting of Russia’s involvement in the missile strike that brought down the Malaysia Airlines flight that killed 298 people. The anger level [...]

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Upstream | News Wires | 18 July 2014 01:43 GMT US crude oil jumped by more than $2 on Thursday after a Malaysian airliner was shot down over eastern Ukraine, dramatically escalating the crisis between Russia and the West. Just one day before, the US imposed tough sanctions against Moscow. Oil prices began rising early, [...]

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Warmer temperatures may help carve a path to cheaper prices in the Grain complex. In the overnight electronic session the September Corn is currently trading at 3791/4 which is ¼ of a cent lower. The trading range has been 381 ¼ to 378 so far. The 5-day weather forecast outlook should be ideal growing weather [...]

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Barbaric. The Energy Report 7/18/14

On July 18, 2014 - 9:04 AM By

Oil is rising as geopolitical risk came back in the most horrendous way. The shooting down of an unarmed passenger plane with a surface to air missile could raise the tensions in Ukraine to a whole new level. All 298 souls aboard Malaysia Airlines Flight 17 were killed. Oil had the biggest increase in a month [...]

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The EU and US followed through and hit Russia with more sanctions in response to the trouble that they are causing in Ukraine. The sanctions on Russia may start to bite and are already impacting many stock and commodity markets across the board. Palladium was notable as it hit the highest level since 2001 after [...]

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If you are looking at the Grains and pondering prices as we are realizing unseasonable cool temperatures that are forecast to leave by weeks end bringing warmer temperatures and more moisture. The Grain complex is flexing the bull muscles but with the extended forecast could run out of steam. The market at the end of [...]

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China Bounce. The Energy Report 7/16/14

On July 16, 2014 - 8:56 AM By

Oil is rebounding on a drawdown in US supply and strong Chinese data upping what had been weakening demand expectations out of the world’s second largest economy. Not to mention the EU most likely putting new sanctions on Russia and no cease-fire in the Gaza strip. China’s GDP came in at a better than expected [...]

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