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Crude Closes Higher Ahead of Weekend OPEC+ Meeting
Barchart - Fri Jun 2, 2:18PM CDT
Barchart
Fri Jun 2, 2:18PM CDT
July WTI crude oil (CLN23 ) on Friday closed up +1.64 (+2.34%), and July RBOB gasoline (RBN23 ) closed up +6.45 (+2.65%). Crude oil and gasoline prices Friday closed moderately higher. Crude prices rose Friday in hopes of stronger Chinese energy demand after Bloomberg reported the Chinese government is working...
Nat-Gas Prices Advance on a Broad Rally in Risk Assets
Barchart - Fri Jun 2, 2:16PM CDT
Barchart
Fri Jun 2, 2:16PM CDT
July Nymex natural gas (NGN23 ) on Friday closed up +0.014 (+0.65%). July nat-gas Friday closed moderately higher. The Senate's passage late Thursday of a debt ceiling suspension sparked a rally today in risk assets, including nat-gas. However, gains in nat-gas were limited by the outlook for mild U.S. temperatures,...
Where are Corn, Soybean, and Wheat Prices Headed in June?
Barchart - Fri Jun 2, 12:23PM CDT
Barchart
Fri Jun 2, 12:23PM CDT
I was interviewed this morning by Michelle Rook on AgWeb's Markets Now. We discussed the recent action in the grain markets and the surge in cattle prices.
Crude Rallies Ahead of Weekend OPEC+ Meeting
Barchart - Fri Jun 2, 11:15AM CDT
Barchart
Fri Jun 2, 11:15AM CDT
July WTI crude oil (CLN23 ) this morning is up +1.22 (+1.74%), and July RBOB gasoline (RBN23 ) is up +3.57 (+1.479%). July Nymex natural gas (NGN23 ) is up +0.038 (+1.76%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing in hopes of stronger...
Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
Associated Press - Thu Jun 1, 10:31PM CDT
Associated Press
Thu Jun 1, 10:31PM CDT
Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their budget deal
Crude Settles Higher on Dollar Weakness and Strong Economic Reports
Barchart - Thu Jun 1, 2:37PM CDT
Barchart
Thu Jun 1, 2:37PM CDT
July WTI crude oil (CLN23 ) on Thursday closed up +2.01 (+2.95%), and July RBOB gasoline (RBN23 ) closed down -0.76 (-0.31%). Crude oil and gasoline prices Thursday settled mixed. A decline in the dollar index Thursday to a 1-week low was bullish for energy prices. Also, the House passage...
Nat-Gas Prices Slump on Ample Supplies and Mild Temps
Barchart - Thu Jun 1, 2:35PM CDT
Barchart
Thu Jun 1, 2:35PM CDT
July Nymex natural gas (NGN23 ) on Thursday closed down -0.108 (-4.77%). July nat-gas Thursday fell sharply to a 1-month low on ample supplies and mild U.S. temperatures. The EIA reported Thursday that U.S. nat-gas inventories rose by +110 bcf, above expectations of +107 bcf and above the five-year average...
Crude Rallies on Dollar Weakness and Strong Economic Data
Barchart - Thu Jun 1, 11:21AM CDT
Barchart
Thu Jun 1, 11:21AM CDT
July WTI crude oil (CLN23 ) this morning is up +2.59 (+3.80%), and July RBOB gasoline (RBN23 ) is up +2.85 (+1.17%). July Nymex natural gas (NGN23 ) is down -0.104 (-4.59%). Crude oil and gasoline prices this morning are sharply higher on strong economic data and a decline in...
What are the OPEC Odds Telling Us? | Morning Express | 6/1/2023 |
Blue Line Futures - Thu Jun 1, 9:23AM CDT
Blue Line Futures
Thu Jun 1, 9:23AM CDT
Crude Oil futures have attempted to rally after last night’s Caixin Chinese Manufacturing PMI showed...
Renewable energy surges, driven by solar boom and high fuel prices, report finds
Associated Press - Thu Jun 1, 8:36AM CDT
Associated Press
Thu Jun 1, 8:36AM CDT
The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power