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[PRICE Links Video] Senior Analyst Phil Flynn discusses the current election, economic plans, ideas to stimulate growth, and a possible meltdown in equities with Todd Horowitz of bubbatrading.com. Recorded 5/3/16
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Oil Sets Another 2016 High

On April 27, 2016 - 2:26 PM By

By Christian Berthelsen and Georgi Kantchev  U.S. oil prices set another 2016 high Wednesday, even after U.S. data revealed a jump in stored domestic crude stockpiles. Weekly data from the U.S. Energy Department showed an increase in stored supplies of nearly 2 million barrels. The U.S. contract dropped more than 2%, falling into negative territory […]

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 By Christine Buurma  Forecasts for fading heat in the eastern and central U.S. sent natural gas futures lower for a second day. Temperatures will be mostly average or below normal in the lower 48 states next week as hot weather in the South ebbs, curtailing gas consumption by electricity generators, according to Commodity Weather Group […]

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by Mark Shenk Oil fell from a five-month high in New York amid signs a global glut will be prolonged as Middle East producers boost supplies. Kuwait plans to expand oil production to more than 3 million barrels a day by June, doubling output from where it stood during last week’s oil-worker strike. Iran has increased output […]

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NEW YORK | BY JARRETT RENSHAW U.S. motor travel surged at a record pace in February as Americans took to the road again after January’s historic snowstorms, U.S. data released on Monday showed, fueling optimism about gasoline demand as refiners brace for the busy summer driving season. U.S. motorists logged 232.2 billion miles, the most for any February […]

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Oil Declines on Inventories Forecast

On April 25, 2016 - 2:26 PM By

By Christian Berthelsen and Miriam Malek Oil prices sold off Monday after a private data forecaster reported a jump in stored supplies at the main delivery hub in the U.S. The market chopped around much of the morning in directionless trading, but turned decisively negative after Genscape released a weekly report showing oil inventories in […]

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Oil Declines on Inventories Forecast

On April 25, 2016 - 1:52 PM By

By Christian Berthelsen and Miriam Malek Oil prices sold off Monday after a private data forecaster reported a jump in stored supplies at the main delivery hub in the United States. The market chopped around much of the morning in directionless trading, but turned decisively negative after Genscape released a weekly report showing oil inventories […]

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NEW YORK | BY JARRETT RENSHAW U.S. motor travel surged at a record pace in February as Americans took to the road again after January’s historic snowstorms, U.S. data released on Monday showed, fueling optimism about gasoline demand as refiners brace for the busy summer driving season. U.S. motorists logged 232.2 billion miles, the most for any February […]

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By BEN EISEN | The Wall Street Journal The Doha oil meetings yielded no news of a production freeze. So why aren’t oil prices down more? Oil prices are down Monday after major crude producers failed to reach a deal to freeze production. But they’re not actually down by that much. The U.S. crude oil benchmark fell more […]

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GILLIAN RICH | Investors.com Oil fell Monday after top producers couldn’t reach an agreement Sunday to freeze production at a meeting in Doha, Qatar. Saudi Arabia and other Gulf producers wouldn’t agree to a deal unless Iran and others joined,according to Russian Energy Minister Alexander Novak, who called Saudi Arabia’s  demand “unreasonable.” Phil Flynn, senior market […]

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Mark Shenk | Bloomberg Oil rose before a meeting of major producers this weekend as the International Energy Agency predicted that global oversupply will almost vanish in the second half of the year. Futures erased a loss of as much as 2.2 percent in New York. Global oil markets will “move close to balance” as […]

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Myra P. Saefong | MarketWatch Winter is coming for major crude-oil producers. But that may be a good thing for the industry that has suffered from a withering supply glut that helped erase two-thirds of oil futures’ value since a peak in 2014. Prices for West Texas Intermediate crude CLK6, +0.29% topped $42 a barrel […]

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