Crude Oil News

EIA: Natural Gas Weekly Update for May 23, 2012

admin — Fri, 25 May 2012 22:11:14 +0000

Overview of Week Ending May 23 Natural gas prices, led by the futures market, advanced modestly in nearly all markets over the week. At the New York Mercantile Exchange (NYMEX), the June 2012 natural gas contract ended the week up 11.9 cents per million British thermal units (MMBtu) to close at $2.737 per MMBtu on May 23. The Henry More >

Recap Energy Market Report

admin — Fri, 25 May 2012 20:38:25 +0000

July crude oil registered another inside day trading range during Friday’s session. The market gained an early lift on ideas that central bankers might pursue a concerted effort to stimulate the economy….

Mid-Session Energy Market Report

admin — Fri, 25 May 2012 17:27:16 +0000

The crude oil complex was mostly higher throughout the morning session, supported by a breakdown in talks between Iran and Western nations. During the early morning hours, the tone toward Europe seemed to improve, which bolstered crude oil prices….

Morning Crude Oil Market Report

admin — Fri, 25 May 2012 14:42:26 +0000

July crude oil prices trended higher during the initial morning hours, helped by a slight easing in European debt concerns and prospects for concerted central bank intervention….

Shale energy boom dangles prospect of leap in US growth

admin — Fri, 25 May 2012 14:42:25 +0000

America’s reliance on fuel imports has sucked vigor from its economy for decades. Now an oil and natural gas boom holds out the prospect for a new era of stronger U.S. economic growth.

RANsquawk DAILY US OPENING NEWS – 25/05/12

admin — Fri, 25 May 2012 13:30:48 +0000

? ECB?s Weidmann says the ECB has reached the limit of the mandate with tools. ? Spain may have to raise its 2011 deficit figure for the second time after the examination of accounts of regions and city halls is completed….

RANsquawk DAILY ENERGY COMMENTARY – 25/05/12

admin — Fri, 25 May 2012 12:29:19 +0000

WTI and Brent crude futures are seen modestly higher, picking up from lows seen overnight in Asia and moving in line with European stock futures. Volumes remain thin ahead of the NYMEX pit open, but may pick as the session progresses….

Growing Hope of ECB LTRO #3 Gives European Equities a Jolt

admin — Fri, 25 May 2012 11:32:35 +0000

(eToro Blog) So far, Europe’s equity markets are enjoying another up day, following a string of declines as investors brace themselves for what is likely to be Greece’s withdrawal from the Eurozone. What is providing some buoyancy is growing speculation that the new measures will soon be put in place by the European Central Bank. More >

Introduction to Floessi

admin — Fri, 25 May 2012 11:12:27 +0000

Written by Floessi Dear Traders, Copiers and Followers, This is my first article for Guru Talk and I wish to express my views, and analysis strategies, so that traders might understand, pursue and acquire something which is helpful. First of all let me introduce myself; even as I come to eToro forex More >

Despite Middle East Tension, Global Growth Worries Drive Oil Prices

admin — Fri, 25 May 2012 08:40:59 +0000

(eToro Blog) Oil prices could be set to post their fourth consecutive weekly loss despite increasing tensions in the Middle East which could disrupt supplies; analysts say that if realized, that would be the longest losing streak in more than two years. On the whole, it would appear that investor worries over a slowdown in More >