Currently viewing the tag: "Energies"

By The Associated Press via ABC News | The price of oil rose sharply on Thursday as mounting tensions in Yemen got traders worried that the flow of crude from the Persian Gulf region could be disrupted. Saudi Arabia and other Gulf states launched strikes on key military installations in Yemen. They aim to oust Shiite [...]

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The gains in the grains momentum has slowed down for now. Export Sales were not as attractive as they were last week.  Also iffy global economic data is contributing to the negative sentiment. In the overnight electronic session the May Corn is currently trading at 389 33/4 which is 1 ½ of a cent lower. [...]

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No Nukes? The Energy Report 3/27/15

On March 27, 2015 - 7:27 AM By

One of the next critical issues for oil will be whether or not the world will lift sanctions on the Iranian regime. The reason it is so critical is that while Iran has been thwarted from selling its oil, once the sanctions are lifted the market has been pricing in a quick return of Iranian [...]

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Financials: June Bonds are currently unchanged at 164’17, 10 Yr. Notes unchanged at 128’26 and 5 Yr. Notes up 1 at 120’01. Islamic nations instability, air strikes in Yemen and Tikrit (Iraq) pushed Bonds higher overnight before retreating to present levels. Yesterday’s 2 and 5 Yr. auctions were not well received causing the rates to [...]

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Remember those predictions of $20 a barrel oil and $10 a barrel oil? Forget about it! Oil prices have turned the corner after Saudi Arabia launched airstrikes against Iranian backed Shiite rebels putting about 3.5 million barrels of oil exports at risk. Remember hopes that we would get a deal to lift sanctions on Iran [...]

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Oil is dollar dazed and confused as it tries to determine whether it should focus on current oversupply, the dollar, or the prospect of better demand in Europe after more strong data out of Germany. Brent crude has additional challenges as it tries to assess rising geo-political risk. The latest worry is the President of [...]

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Ultra bears are starting to change their tune on oil as weak Chinese manufacturing data and strong manufacturing data in Germany both point to better demand. China’s demand may rise as the Chinese government will be forced to act swiftly to reach their growth target and should soon add stimulus increasing oil demand. Factory activity [...]

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Oil Prices are falling in part because of comments from Saudi Araba and partly because they really have nothing much else to do. Saudi Arabia is pumping over 10 million barrels of oil a day and says that they will not cut production unless other producers do so as well.  Saudi oil minister Ali al-Naimi [...]

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In the overnight electronic session the May Corn  is currently trading at 374 which is a ½ of a cent lower. The trading range has been 376 to 372 ¾ so far. Weekly exports came in 561,100 tons with China purchasing 9,700 tons. The 3 things this market is eyeballing are weather, Prospective Plantings and [...]

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March Madness. The Energy Report 3/20/15

On March 20, 2015 - 7:40 AM By

We are now into March Madness.  Not the basketball thing but refinery maintence season when refiners are retooling and get ready for the upcoming summer driving season and rebuilding those much beloved summer time blends of gasoline. It is also the time that both oil and gas prices bottom from a seasonal perspective so if [...]

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The FED spoke and did not raise interest rates. However, fingers were pointed and the quote was patience is running out on when to raise interest rates. In other words, when are they going to drop the bomb? We know if the U.S. dollar continues to rise and we raise interest rates U.S. exports will [...]

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Financials: June Bonds are currently 14 higher at 163’18, 10 Yr. Notes 1 higher at 128’18 and 5 Yr. Notes 1 lower at 119’26. Yesterday’s FOMC left rates unchanged and commented that it would do so until there is a better employment picture and inflation comes closer to the targeted 2.0%. It also suggested that [...]

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