We have already noted today’s pounding on gold mining stocks as the price of the yellow metal heads for $1,400 an ounce. Crude oil is taking a less severe beating, ... Read Full Story »
The spot price for WTI crude briefly fell to $90.27 this morning and still trades well below yesterday’s closing price of $93.51. The AAA Daily Fuel Gauge reports that the ... Read Full Story »
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 14 billion cubic feet last week, less than the decline of 21 billion cubic feet ... Read Full Story »
The U.S. Department of Agriculture (USDA) this morning released its monthly World Agricultural Supply and Demand Estimates (WASDE) report for April. The agency lifted its estimate on U.S. wheat stocks ... Read Full Story »
The Organization of Petroleum Exporting Countries (OPEC) released its April Oil Market Report this morning. The cartel did not change its forecast for global demand growth of 800,000 barrels a ... Read Full Story »
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 0.3 million barrels last week, bringing the total U.S. commercial ... Read Full Story »
The U.S. Department of Agriculture has sent a proposal to President Obama spelling out the details of a sale of as much as 400,000 tons of surplus sugar to U.S. ... Read Full Story »
Jana Partners said this morning that it “appears” as if two of its candidates have been elected to the board of directors of fertilizer maker Agrium Inc. (NYSE: AGU). Jana, ... Read Full Story »
The April 2010 well blowout in the Gulf of Mexico that took 11 lives and dumped 5 million barrels of crude in the Gulf of Mexico will cost BP plc ... Read Full Story »
Oil and gas producer Harvest Natural Resources Inc. (NYSE: HNR) said this morning that proved and probable reserves for its joint venture in Venezuela, Petrodelta, declined in 2012. The news ... Read Full Story »
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 94 billion cubic feet last week, slightly more than the decline of 91 billion cubic ... Read Full Story »
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 2.7 million barrels last week, bringing the total U.S. commercial ... Read Full Story »
Monsanto Co. (NYSE: MON) reported second-quarter fiscal 2013 results before markets opened this morning. The fertilizer and seed maker reported adjusted diluted earnings per share (EPS) of $2.73 on revenue ... Read Full Story »
It’s that time of year again. Yup, U.S. farmers are getting started on planting corn, but cool weather and wet ground are slowing down an early start, at least in ... Read Full Story »
One of the transportation methods commonly offered as an alternative to crude oil and refined product pipelines is rail transport. Last weekend’s 10,000 gallon rupture in an Exxon Mobil Corp. ... Read Full Story »