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Oil Prices Settle Higher

On March 3, 2015 - 3:38 PM By

By NICOLE FRIEDMAN | The Wall Street Journal | Saudi Arabia raises official prices for its oil, suggesting demand is firm Traders are looking ahead to U.S. inventory data for the week ended Feb. 27, which is due Wednesday. Analysts expect the agency to report that crude supplies rose by 4.6 million barrels in the [...]

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By Barani Krishnan | Reuters | Brent crude tumbled more than 3 percent on Monday on speculation of a nuclear deal that could boost Iran’s oil exports, and U.S. crude rose by around 1 percent as traders bet the gap between the two would narrow. Iranian Foreign Minister Mohammad Javad Zarif said a deal on Iran’s nuclear programme [...]

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WHAT’S UP WITH PRICES AT THE PUMP?

On March 2, 2015 - 12:42 PM By

By Marita Noon | Breitbart After initially driving down the price of oil by increasing its production, which gave Americans a welcome drop in prices at the pump, could Saudi Arabia now be pushing them back up? Prices at the pump have gone up nearly 40 cents a gallon from the January low—60 cents in California. Every [...]

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By Jack Scoville via Futures Magazine | February 24 | Frozen Concentrated Orange Juice Orange juice futures were sharply lower on follow-through selling as temperatures hold above freezing in Florida production areas. There are new forecasts for more cold temperatures this week, but it looks like the colder air will stay mostly in the northern half of the [...]

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By Lynn Doan | BloombergBusiness | Hedge funds raised bearish wagers on oil to an all-time high, speculating crude has further to fall as the supply glut keeps swelling. Money managers increased short positions in West Texas Intermediate crude by 17 percent in the seven days ended Feb. 24, U.S. Commodity Futures Trading Commission data [...]

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Why oil prices move up and down so much

On February 27, 2015 - 10:00 AM By

By Dan Weissmann | MarketPlace Economy | On Wednesday, the U.S. Energy Information Administration reported that oil inventories are at historic highs — we’re running out of places to put the stuff. So, why, did oil prices… rise? And then, why did they fall again the next day? A lot of factors can move the price of oil [...]

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Oil Prices Gain on Demand Expectations

On February 25, 2015 - 12:07 PM By

By NICOLE FRIEDMAN | The Wall Street Journal | Oil futures turned higher Wednesday, as traders overlooked record-high U.S. inventories to focus on signs of improving demand. Light, sweet oil for April delivery traded up 42 cents, or 0.9%, at $49.70 a barrel on the New York Mercantile Exchange. U.S. crude-oil stockpiles rose for the [...]

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Crude Oil Falls More Ahead Of Supplies Report

On February 25, 2015 - 10:27 AM By

By Bloomberg News Via Investor’s Business Daily | Oil slid for a fifth day in New York, the longest losing streak since August, before U.S. government data forecast to show crude inventories expanded from a record high. Crude stockpiles probably increased by 4 million barrels last week, a Bloomberg News survey showed before an Energy Information Administration [...]

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Oil Prices Slip on Unexpected Supply Increase

On February 24, 2015 - 5:04 PM By

Reuters Via Fox Business | Oil prices slipped on Tuesday as traders fretted about the unrelenting growth in U.S. crude stockpiles. Analysts expect inventories to rise for a seventh straight week, extending their already record level. U.S. oil supplies likely rose by 4.7 million barrels last week, according to the consensus average forecast of 11 [...]

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Debate On Crude-Oil Price Direction Continues

On February 24, 2015 - 5:02 PM By

By Debbie Carlson | OptionsCity | Debate regarding whether or not crude-oil prices have bottomed continues in the market, but the one thing is certain, prices are volatile. Oil prices sharp slide through the end of 2014 continued into 2015, touching a low of just under $44 a barrel for Nymex West Texas Intermediate in [...]

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Traders Bet Oil Price Will Rise, or Fall

On February 23, 2015 - 11:25 AM By

By Randy Leonard | Roll Call Blog |  As they have been since oil prices started falling in the summer, Wall Street speculators are looking for the bottom of the market. Following several weeks of generally higher spot prices for U.S. crude and more announcements of plans to curtail drilling, traders are again wagering that [...]

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End of an era at CME

On February 21, 2015 - 12:26 PM By

Fox Business Video | The Price Futures Group’s Phil Flynn on the CME’s decision to close most floor-based trading in Chicago and NYC. Watch the latest video at video.foxbusiness.com http://video.foxbusiness.com/v/4035006170001/end-of-an-era-at-cme/?#sp=show-clips

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