ThinkstockIf you had questions about the “if and when” of the tapering of the $85 billion in bond purchases in quantitative easing, the answer is looking more and more clear that it will begin…
ThinkstockIndependent oil and gas firm Anadarko Petroleum Corp. (NYSE: APC) on Sunday announced the sale of a 10% stake in a natural gas development block offshore of Mozambique to India’s state-controlled energy company ONGC Videsh…
thinkstockThe U.S. Energy Information Administration (EIA) today reported that U.S. natural gas stocks increased by 57 billion cubic feet last week, compared with an expected build of 65 billion cubic feet anticipated by analysts.…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.4 million barrels last week, maintaining a total U.S. commercial crude inventory to 359.1…
ThinkstockNot even the size of London-listed Glencore Xstrata’s $8.47 billion asset impairment came as much of a surprise to observers of the mining industry. The amount, which includes a $7.7 billion goodwill impairment charge…
ThinkstockYou can’t keep a good landman down — and there probably never has been a more successful landman than Aubrey McClendon, founder and former CEO of Chesapeake Energy Corp. (NYSE: CHK). Since being fired…
ThinkstockRecent geological studies have indicated that trillions of cubic feet of natural gas may lie in tight shale formations in the U.K. The government has issued some exploration permits to drillers that are trying…
ThinkstockCredit Suisse’s Ralph Profiti has a note out on silver mining stocks. Investors will want to pay close attention because silver and gold have come back on strong. Profiti has some cautious comments and…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 65 billion cubic feet last week, compared with an expected build of 69 billion cubic feet anticipated by analysts.…
ThinkstockWe have had earnings results from a handful of silver miners in the past few days, and the news has not been very good. After markets closed on Wednesday, Silver Wheaton Corp. (NYSE: SLW)…
ThinkstockOne more reason that gold prices should be falling is data on the demand for gold that dropped 12% in the second quarter, compared with the same quarter last year. However, demand for physical…
ThinkstockThe world of gold and silver has been turned upside down. The market fears that Ben Bernanke’s quantitative easing under the Federal Reserve will end sooner rather than later, and that should lead to…
ThinkstockFirst Majestic Silver Corp. (NYSE: AG) reported second-quarter 2013 earnings before markets opened this morning. The Canada-based silver miner posted adjusted earnings per share (EPS) of $0.07 on revenues of $48.4 million. In the…
ThinkstockA year ago, corn sold for around $8.30 a bushel. Last Friday it closed at $4.65 a bushel and is trading down about 5% this morning at around $4.63 a bushel. And the trouble…
ThinkstockThe U.S. Commodities Futures Trading Commission (CFTC) has subpoenaed documents and other communications and records going back to 2010 from a metals warehousing firm. Reuters reports exclusively that “a source with direct knowledge of…