Currently viewing the tag: "Media & News"

By Kelly Gilblom | BloombergBusiness Natural gas futures gained the most in four days, rebounding from an 11-week low Monday amid a global rout in commodities, as rising temperatures may spur demand from power plants. Temperatures in New York may reach 89 degrees Fahrenheit (32 degrees Celsius) on Saturday, 8 above normal, according to AccuWeather [...]

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NPR’s Ari Shapiro talks with Chicago-based commodities trader Jack Scoville about this wild day for the markets. He says he hasn’t seen anything quite like it in the near 30 years he’s been trading. Listen Here: http://www.npr.org/2015/08/24/434364474/commodities-trader-somewhat-confident-weve-seen-the-worst-of-market-fall?utm_campaign=storyshare&utm_source=twitter.com&utm_medium=social  

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Oil falls below $40 a barrel

On August 24, 2015 - 5:44 PM By

Paul Davidson | USA TODAY U.S. oil prices followed stocks lower Monday, sliding nearly 6% and closing below $40 a barrel for the first time since February 2009. West Texas Intermediate, the U.S. benchmark, slipped $2.21 to close at $38.24 a barrel. Brent, the international benchmark, tumbled 6.1% to settle at $42.69, dropping below $43 [...]

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By Christine Buurma | BloombergBusiness Natural gas futures traded near an 11-week low on forecasts for cooler weather that would limit power demand in the last weeks of summer. Temperatures may be mostly average or below normal in the lower 48 states through Aug. 28, according to Commodity Weather Group LLC in Bethesda, Maryland. The [...]

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PRICE Links Video Series | Commodity Bottom, Currency War & Godzilla El Niño! With Steve Meyers.
Senior Analyst Phil Flynn discusses a potential commodity bottom, the currency war & Godzilla El Niño! With fellow Price Group analyst Steve Meyers. [PRICE Links Video]
Recorded 8/19/2015
Past performance is not indicative of [...]

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By Mark Shenk | BloombergBusiness Oil rebounded in New York on speculation that a government report will show that U.S. crude inventories declined for a fourth week. West Texas Intermediate futures advanced 1.8 percent after closing at a six-year low Monday. U.S. crude stockpiles fell 820,000 barrels last week, according to a Bloomberg survey before [...]

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Myra P. Saefong | MarketWatch U.S. oil futures rebounded a bit on Tuesday from a recent decline, but analysts warned that worries about a global supply glut and a potential slowdown in Chinese demand may help pull prices below $40 a barrel. September WTI crude CLU5, +0.98% tacked on 37 cents, or 0.9%, to $42.23 a barrel on [...]

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Energy Refiners at Risk Of HACKERS!

On August 18, 2015 - 9:35 AM By

PRICE Links Video Series | Energy Refiners at Risk Of HACKERS!  With Michael Delagarza.
Senior Analyst Phil Flynn discusses the concerns surrounding the security of the Energy industry from hackers and potential threats of terrorism with Michael Delagarza of CipherLoc Corporation. [PRICE Links Video]
Recorded 8/14/2015
Past performance is not [...]

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By Zlati Meyer, Detroit Free Press | Trouble at Indiana refinery last week means higher prices at the pump. Consumers in Michigan — and throughout the Great Lakes region — can expect to pay higher prices for gas for at least several more weeks. Average gas prices in Detroit have jumped 51.8 cents per gallon [...]

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By Heather Long, KSPR ABC via CNNMoney | Drivers around the world love cheap gas prices, but some top hedge fund managers don’t. They’re losing billions. Carl Icahn and David Einhorn have bet big on energy. It’s been a costly mistake so far. Oil was trading at over $100 a barrel last summer. Now it [...]

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Mark Shenk via Sydney Morning Herald | Oil closed at the lowest level in more than six years in New York amid speculation that demand may slip as economies slow, and Iran said OPEC output may climb to a record.
West Texas Intermediate futures fell 1.5 per cent after manufacturing in the New York [...]

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Oil prices continue downward slide

On August 18, 2015 - 7:31 AM By

Channel NewsAsia | Crude oil prices fell on Monday, deepening a long slide as traders expect US production will remain strong, adding to abundant global supplies. Crude oil prices fell on Monday, deepening a long slide as traders expect US production will remain strong, adding to abundant global supplies. US benchmark West Texas Intermediate (WTI) [...]

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