When the President is talking about the high societal cost of rising oil prices yet simultaneously in the same speech is bashing the thought of more drilling for oil, it has to leave…
With West Texas Intermediate Crude challenging $105 per barrel now, it is time to start assessing the threat of $4.00 per gallon in gasoline. The summer driving season is usually a threat…
Car companies make most of their money on SUVs and crossover vehicles? What happens to those sales after gasoline rises and rises? It has been hard for many Americans to understand why…
CME Group Inc. (NYSE: CME) is going to make it cheaper for traders to trade energy and metals futures, something which could make it easier and cheaper for traders, speculators, and investors…
The weekly data from the Department of Energy showed a rise in Crude Oil Stocks, with a gain of 4.175 million barrels to 338.942 million barrels. Dow Jones had been expecting a…
The Department of Energy is out with its weekly data on crude oil stocks in reserve and the other metrics which normally follow it. Crude Oil stocks turned in a gain of…
The Department of Energy is out with its weekly oil data and the data is showing a larger draw-down that what API had signaled yesterday. Crude oil inventories fell by 4.729 million…
After posting a three-month low last month, WTI crude oil prices have been making a comeback as the agreement on Greek debt appears to be set, which has put some strength back…
Silver and gold, and oil and other commodities, are heading south all over again this morning. Whether you want to blame reports of higher prices or a slowing of global growth is…
The big Greek rumors are already being refuted today, but it doesn’t matter. Friday’s big rumor is that Greece will leave the Eurozone. Our prediction: this rumor is not true now, but…
The reaction to the death of terror mastermind Osama Bin Laden has had what feels like a very limited impact on key financial markets, particularly if you go back and relive the…
Today’s commodities news leads off with report that Goldman Sachs Group Inc. (NYSE: GS) and its leading commodities strategist are recommending that investors abandon long positions in copper and platinum even as…
Time for our daily look at the world of commodity prices and key developments. This Friday brings gold and silver, corn prices on the rise, and even a positive read on aluminum. …
Time for our daily look at the world of commodity prices and key developments. We have cotton issues, oil spikes, issues around rare earth elements, and precious metals on the docket. Even…
Time for our daily look at the world of commodity prices and key developments. Corn futures continue their seemingly inexorable march toward $8/bushel as wet and windy weather in the US Midwest…
