Currently viewing the tag: "Media & News"

Aaron Nathans | The News Journal | Delmarva Power’s natural gas heating customers are expected to pay less this winter, according to a filing the utility made with the Public Service Commission on Friday. The decrease comes as domestic sources of once-expensive natural gas have allowed the company to charge less for the fuel in [...]

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by Dan Weissmann | Marketplace Business International commodity markets are full of little mysteries. For example: Why would a market player buy a whole bunch of something when the market is full of that very thing? In this case, the thing is diesel fuel in Europe. The continent’s last winter was mild, so there’s plenty in [...]

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New York (Platts) NYMEX October crude settled $1.41 higher at $95.96/barrel Friday amid still-strong fundamentals and a repricing-in of geopolitical risk.ICE October Brent lagged slightly, setting 73 cents higher at $103.19/b. Products finished in positive territory as well, led by NYMEX September RBOB, which settled 3 cents higher at $2.7827/gal. September ULSD closed 79 points [...]

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Knoxville, Tennessee (Platts) NYMEX October natural gas futures settled 2.1 cents higher at $4.065/MMBtu Friday as traders covered short positions ahead of the long US Labor Day holiday weekend. “Where traders are short, they’re covering going into the weekend, plus fundamentals have been a little more friendly when it comes to the weather,” said Phil Flynn, [...]

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  Coffee Clutch With Jack Scoville! [PRICE Links Video Series] Recorded on: 8/29/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the industry’s top analysts [...]

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By Nicole Friedman | Wall Street Journal NEW YORK—U.S. oil prices gained Thursday on upbeat economic data, while global benchmark Brent ticked lower despite escalating tension in Ukraine. Light, sweet crude for October delivery settled up 67 cents, or 0.7%, at $94.55 a barrel on the New York Mercantile Exchange, a six-session high. Brent fell [...]

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Allen Sykora | KITCO News News reports of cyber attacks on some major U.S. banks, possibly originating in Russia, reinforces the value of holding at least some gold in a portfolio, says Phil Flynn, senior market analyst with Price Futures Group. “Say what you want about the value of gold as a currency replacement or [...]

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By Moming Zhou | Bloomberg West Texas Intermediate crude gained for a third day as the U.S. economy expanded more than previously forecast in the second quarter, boosting expectations for strong oil demand. U.S. gross domestic product rose at a 4.2 percent annualized rate last quarter, up from an initial estimate of 4 percent, the [...]

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By William Watts | MarketWatch NEW YORK — Crude-oil futures erased an early decline Thursday to show just minor gains after Kiev said Russian forces crossed into eastern Ukraine, seizing a coastal town and several villages. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October CLV4, +0.66% trose 19 cents, [...]

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  The incredible growing corn crop! With Floor Trader Eddie Van. [PRICE Links Video Series] Recorded on: 8/27/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds [...]

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By Anna Louie Sussman | Reuters Africa NEW YORK, Aug 25 (Reuters) – Brent crude oil edged higher on Monday while U.S. crude fell in light trading, as support from geopolitical tensions in Ukraine and Libya offset ample supplies and anticipated weak demand after a slew of disappointing economic data from the United States and [...]

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By Christine Buurma | Bloomberg Natural gas futures headed for the biggest one-day gain in two months on forecasts for above-normal temperatures that would spur demand for the power-plant fuel, slowing the pace of supply restocking. Hotter-than-usual weather may blanket parts of the eastern and central U.S. through Sept. 3, said MDA Weather Services in [...]

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