Currently viewing the tag: "Media & News"

By Nicole Friedman | Wall Street Journal NEW YORK–Oil futures tumbled Tuesday on concerns that U.S. crude-oil supplies could near or even exceed an all-time high, as domestic oil production keeps rising. Light, sweet crude for May delivery settled down $2.24, or 2.2%, at $102.13 a barrel on the New York Mercantile Exchange, the lowest [...]

Continue Reading

Gasoline greener than biofuels?

On April 23, 2014 - 10:33 AM By

By Mike Emanuel | Published April 22, 2014 | FoxNews.com Biofuels produced from waste products left from harvested corn plants are worse than gasoline in terms of carbon emissions, according to a $500,000 study paid for by the federal government and published in the journal Nature Climate Change. The study said biofuels made with corn [...]

Continue Reading

    Looking Out For The Average Joe! With Todd Horwitz [PRICE Links Video Series] – Recorded on: 4/22/2014 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 [...]

Continue Reading

By Sabina Zawadzki NEW YORK, April 22 (Reuters) – U.S. crude futures fell on Tuesday as investors anticipated rising production and inventories in the world’s top oil consuming nation and felt less risk stemming from the Ukrainian crisis, increasing the discount of the U.S. benchmark to Brent futures. U.S. crude fell $1.9 percent to $102.45 [...]

Continue Reading

By Sabina Zawadzki LONDON, April 21 (Reuters) – Oil strengthened slightly on Monday, with U.S. crude futures supported by positive economic data, but oil prices were still below highs reached on Thursday as traders saw little new to augment their worries over tensions in Ukraine. U.S. crude futures jumped 30 cents a barrel after the [...]

Continue Reading

By Myra P. Saefong and Victor Reklaitis | MarketWatch Crude for May delivery /quotes/zigman/2196845/realtime CLK4 +0.27% tacked on 23 cents, or 0.2%, to $104.53 a barrel on the New York Mercantile Exchange. A close around this level would be the highest since March 3, according to FactSet data tracking the most-active contracts. The May contract [...]

Continue Reading

LOS ANGELES, April 17 (Reuters) – Brent crude oil fell on Thursday after the United States, Russia, Ukraine and the European Union joined to call for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data. The joint statement from the four [...]

Continue Reading

By Moming Zhou | Apr 17, 2014 | Bloomberg West Texas Intermediate crude rose to trade above $104 for a fifth day as a report showed fewer Americans than forecast filed applications for unemployment benefits last week. Prices climbed as much as 1 percent. Jobless claims reached 304,000, the Labor Department reported, below the 315,000 [...]

Continue Reading

By Mark Shenk  | Apr 16, 2014 | Bloomberg Futures rose 0.2 percent in London. Ukraine accused Russia of fueling terrorism in its eastern regions as a move against separatists in the town of Kramatorsk stalled and NATO bolstered the defense of nearby nations. U.S. supplies increased 10 million barrels last week, according to Energy Information [...]

Continue Reading

By Timothy Puko | Wall Street Journal NEW YORK–Natural-gas futures eased Wednesday as traders awaited more data to gauge how quickly producers can replenish stockpiles that are at an 11-year low. Natural gas for May delivery fell 1 cent, or 0.2%, to $4.557 a million British thermal units on the New York Mercantile Exchange. The [...]

Continue Reading

By Moming Zhou | Bloomberg Brent crude dropped from a five-week high as Libya’s National Oil Corp. prepared to resume exports from its Hariga terminal. West Texas Intermediate slipped below $104 on U.S. inventory forecasts. Brent’s premium to WTI shrank. A tanker will arrive at the port in eastern Libya today to load 1 million [...]

Continue Reading

By Christian Berthelsen | The Wall Street Journal Crude-oil prices fell Tuesday on concerns that Chinese energy demand could wane following recent data and as diplomatic talks about Ukraine eased worries about possible supply disruptions. Light, sweet crude for May delivery was down 12 cents, or 0.1%, to $103.93 a barrel on the New York [...]

Continue Reading