Currently viewing the tag: "Energies"

Financials: June Bonds are currently 17 lower at 163’20, 10 Yr. Notes 2 lower at 129’20 and 5 Yr. notes fractionally lower ar 120’23. I’m still hesitant to take a position in either Bonds or 10 Yr. Notes with the German 10 Yr. trading at a yield of 0.07%, only 7 basis points from 0% [...]

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This morning’s reports at 7:30 A.M. are CPI and Real Earnings. al-Qaida militants clashed with one of Yemen’s largest brigades outside Mukalla, the capital of the Hardramawt province. The militants then seized control of Riyan airport and moved to secure the city’s main seaport, which is also oil a terminal. This is also causing concerns [...]

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Al Qaeda. The Energy Report 4/17/15

On April 17, 2015 - 7:56 AM By

Al Qaeda is back on the minds of energy traders after they took control of the major Riyan Airport and the Dhabah oil terminal on the Arabian Sea coast, which is in the southern part of Yemen. Oil prices surged on the uncertainty as the group “Al Qaeda in the Arabian Peninsula” known as AQAP, [...]

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By Collin Eaton | Via FuelFix.com Oil prices eased down early Thursday after the Saudi Arabia-led cartel of oil-exporting nations said its members boosted daily crude production by 810,000 barrels last month. The Organization of the Petroleum Exporting Countries also predicted output from U.S. oil fields would stall out and eventually fall later this year [...]

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BY ROBERT GIBBONS | Reuters Crude oil prices jumped to fresh 2015 peaks on Thursday, turning higher on news that a tribal group made up of former Al Qaeda militants took control of a major southern oil terminal in Yemen. The terminal is one of the major hubs for the Hadramout region exporting an average of 120,000 [...]

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Oil Prices Fall on Rising OPEC Production

On April 16, 2015 - 10:37 AM By

By NICOLE FRIEDMAN | The Wall Street Journal Oil prices slipped Thursday after the Organization of the Petroleum Exporting Countries confirmed that its production rose in March. Light, sweet crude for May delivery recently fell 66 cents, or 1.2%, to $55.73 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell 78 [...]

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By Suzanne O’Halloran | Fox Business Don’t be surprised if it costs you more money to fill your gas tank on Thursday warns Michael Green, spokesperson at AAA. “There is a good chance that many drivers will wake up to higher gas prices” following the big spike in oil this week, he said. Green notes “it’s [...]

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OPEC says that U.S. oil production will fall while demand for its oil will rise. That is the latest prediction from the OPEC oil cartel that seems to be winning the production war against the U.S. shale producer. OPEC is raising the demand for their crude to an estimated 29.3 million barrels a day for [...]

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This morning we have reports starting at 8:15 A.M. with Capacity Utilization and Industrial Production. At 9:30 A.M. the EIA Energy Stocks followed by the NOPA Crush at 11:00 A.M. AND Dairy Product Sales at 2:00 P.M. In the overnight electronic session the May Corn is currently trading at 371 which is 2 ½ cents [...]

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10 years ago almost to the day Matthew Simmons wrote his iconic peak oil best seller “Twilight in the Desert” with the premise that that Saudi oil and oil production globally could soon approach a serious, irreversible decline. U.S. oil production was already falling and if the Saudis had peaked the global economy was getting [...]

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Oil Nears $54 Level Ahead of Key Reports

On April 14, 2015 - 1:08 PM By

By Suzanne O’Halloran | Fox Business West Texas Intermediate Crude prices crossed the $53 dollar a barrel mark mid-morning and are now on track for the fourth day of gains. Phil Flynn, senior market analyst at Price Futures Group and FOX Business contributor, says “there is momentum that output may be peaking” after data from [...]

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By Paul Ploumis | Kitco News Gold traders will be looking in a full cupboard of U.S. economic data next week as market participants try to figure out what policy-makers are likely to signal when they meet again at the end of the month. Gold hit its strongest level in one and one-half months Monday [...]

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