December 15, 2015: Markets opened higher on Tuesday and traded solidly in the green all day as investors and trader await tomorrow’s FOMC announcement on interest rate. Energy and financial stocks put…
Prospects for a recovery in the energy sector have been getting dimmer in the past several weeks, and Tuesday's announcement from Moody's Investor Services darkens an already bleak picture.
December 14, 2015: Markets opened very slightly higher on Monday and traded lower for most of the morning before bouncing around the breakeven line and trending slightly higher less than an hour…
The national average price for a gallon of regular gasoline has fallen to $2.01, as oil prices have plunged below $36.
Douglas A. McIntyre Merrill Lynch is among the first firms to present their top picks for 2016, a decidedly conservative set of picks, and probably with good reason.
EIA reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending December 4.
The November 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was ultimately mixed.
U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
December 8, 2015: Markets opened lower on again on Tuesday following economic data from China showing imports declined and exports came in lower than expected in November. Commodity prices remain weak and…
December 7, 2015: Markets opened lower on Monday even though markets in Asia and Europe were stronger overnight. The dollar gained strength again today, and 10-year Treasury yields rose, but commodities, particularly…
In some gas stations around the country, the price of a gallon of regular has dropped below $1.50.
Douglas A. McIntyre Organizations that follow gas prices say that less than $2 a gallon gas will be routine around the United States. Already, more than a third of states have prices below $2.
Douglas A. McIntyre The U.S. Energy Information Administration (EIA) reported that U.S. natural gas stocks decreased by 53 billion cubic feet for the week ending November 27.
December 2, 2015: Markets opened mixed on Wednesday and only the Nasdaq Composite was able to remain in positive territory until the afternoon release of the Fed’s Beige Book. U.S. crude oil…
U.S. commercial crude inventories increased by 1.2 million barrels last week, according to the U.S. Energy Information Administration.
