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Crude Oil Prices Are Trading in a Downward Trending Range

Crude Oil Prices Are Trading in a Downward Trending Range

October WTI crude oil futures rose for the first time after falling for two consecutive days. Slowing US crude oil production is driving crude oil prices. Commodities News and Information on Yahoo! Finance

November 23, 2015 | By | Reply More
Who Wins If America’s Oil Export Ban Is Squashed?

Who Wins If America’s Oil Export Ban Is Squashed?

House Republicans plan on voting in the next couple of weeks on a bill that would lift the ban on U.S. oil exports. It’s unclear if the bill will gain enough support from congressional Democrats to pass. … Commodities News and Information on Yahoo! Finance

October 22, 2015 | By | Reply More
Crude Oil Production Outpaces Consumption Growth

Crude Oil Production Outpaces Consumption Growth

In its August STEO report, the EIA forecast that falling crude oil production in the United States in response to lower oil prices will help moderate oil inventory builds in the coming months. Commodities News and Information on Yahoo! Finance

October 20, 2015 | By | Reply More
What’s the Impact of Global Factors on Crude Oil Prices?

What’s the Impact of Global Factors on Crude Oil Prices?

Crude oil prices have fallen almost 50% since last year due to an imbalance in the market. Apathetic economic growth in China and Europe is restraining the global appetite for crude oil, which is in abundant … Commodities News and Information on Yahoo! Finance

October 19, 2015 | By | Reply More
Natural Gas Inventory Report Brings Some Good News for Coal

Natural Gas Inventory Report Brings Some Good News for Coal

The EIA’s natural gas inventory report for the week ended September 4 shows an inventory of 3,261 billion cubic feet compared to 3,193 Bcf a week earlier. Commodities News and Information on Yahoo! Finance

October 17, 2015 | By | Reply More
Another Bidder in the Picture for Patriot Coal Assets

Another Bidder in the Picture for Patriot Coal Assets

The twice-delayed auction for the assets of bankrupt Patriot Coal has attracted another potential bidder, according to the company’s attorney, Commodities News and Information on Yahoo! Finance

October 15, 2015 | By | Reply More
Has Crude Oil Finally Made A Long-Term Bottom?

Has Crude Oil Finally Made A Long-Term Bottom?

Joel Elconin is the co-host of Benzinga’s #PreMarket Prep , a daily trading idea radio show. October Crude Oil futures were trading sharply higher by $ 2.16 at $ 46.76 in Wednesday’s session. Off the initial … Commodities News and Information on Yahoo! Finance

October 13, 2015 | By | Reply More
Crude Oil Prices Drop—How Does This Impact Coal?

Crude Oil Prices Drop—How Does This Impact Coal?

WTI crude oil prices closed at $ 44.63 per barrel during the week ended September 11, down 3.1% from the closing price of $ 46.05 during the week ended September 4. Commodities News and Information on Yahoo! Finance

October 12, 2015 | By | Reply More
Higher US Natural Gas Consumption Supports Prices

Higher US Natural Gas Consumption Supports Prices

In the week ended September 2, total US natural gas consumption increased 0.9% week-over-week. Commodities News and Information on Yahoo! Finance

October 10, 2015 | By | Reply More
US Electricity Generation Rises in Week Ended September 4

US Electricity Generation Rises in Week Ended September 4

Electricity generation in the US increased to 86.8 million MWh for the week ended September 4, a 4% increase from the previous week’s 83.5 million MWh. Commodities News and Information on Yahoo! Finance

October 8, 2015 | By | Reply More