Author Archives: Jim Sutliff

Crude Oil Rebounds –

Posted on 25. March 2013 by Jim Sutliff

Crude oil for May increased in trading on Monday and settled below $95 a barrel.  Positive economic data has helped to drive crude oil prices higher in trading.  In addition, crude oil inventory levels in Cushing Oklahoma have continued to fall .  Brent crude also traded higher on Monday and was … Continue reading →

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Crude Oil Gains Slightly –

Posted on 22. January 2013 by Jim Sutliff

Crude oil continued to rise and traded over $96 a barrel on Tuesday.  Economic growth in China and unrest in Algeria supported prices.  In additon, the International Energy Agency increased their forecast for oil demand in 2013.  Crude oil prices have been increasing … Continue reading →

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Fiscal Cliff Sends Crude Oil Lower –

Posted on 23. December 2012 by Jim Sutliff

Republicans and Democrats finished the week without coming to an agreement that would avoid the fiscal cliff.  Fiscal cliff concerns helped to drive down the price of crude oil in Friday trading.  Crude oil fell to almost $88 a barrel after hitting $90 … Continue reading →

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S & P Lowers Spain Ratings –

Posted on 12. October 2012 by Jim Sutliff

Standard & Poor’s lowered the long and short term credit ratings on Spain.  The long term credit rating was lowered from BBB+ to BBB- with a negative outlook.  The short term credit rating was lowered from A-3 to A-2. The downgrade was partially … Continue reading →

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Dow Rises Slightly –

Posted on 20. September 2012 by Jim Sutliff

The Dow Jones Industrial Average rose slightly on Thursday and closed at 13,597.  Gold declined $8.70 to $1,763 an ounce.  Crude oil also fell and finished at $91.72 a barrel.  High inventory levels were a factor in driving the price of crude oil … Continue reading →

Posted in Banking, Currency, Earnings, Economic News, General, Investments, Metals, Oil, OPEC, Options & Futures, Stocks, Trading | Leave a comment

Natural Gas Falls Ahead Of Storm –

Posted on 24. August 2012 by Jim Sutliff

Natural gas traded lower after forecasts predicted that Tropical Storm Isaac will miss major production areas of the Gulf of Mexico.  Natural gas traded slightly above $2.7 a million British Thermal Units.  Also, the Energy Information Administration indicated a larger than … Continue reading →

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Gold & Silver Increase –

Posted on 8. August 2012 by Jim Sutliff

Gold and silver increased after confidence rose following a European Union summit.  European Union leaders agreed to work at lowering the borrowing costs for Italy and Spain.  Gold rose 3% and settled slightly below $1,600 an ounce.  Silver increased by more … Continue reading →

Posted in Banking, Currency, Economic News, Euro, General, Investments, Metals, Options & Futures, Trading | Leave a comment

Crude Oil Rebounds Slightly –

Posted on 24. July 2012 by Jim Sutliff

Crude oil rebounded slightly in Tuesday trading after falling 4% on Monday.  Manufacturing data from China helped to boost the price of crude oil which settled at $88.50 a barrel.  Euro zone economies are still weighing on the market with Eurpoean manufacturing numbers … Continue reading →

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Euro Plan Sends Oil Higher –

Posted on 30. June 2012 by Jim Sutliff

European leaders announced plans to address the debt crisis and the news was well received by investors.  U.S. and European stocks rose and crude oil increased by over 9%.  Crude oil traded at almost 85$ a barrel on Friday which … Continue reading →

Posted in Banking, Bonds, Currency, Economic News, Euro, Gasoline, General, Investments, Oil, Options & Futures, Stocks, Trading, Treasury | Leave a comment

Spain Bond Yields Rise Above 7% –

Posted on 18. June 2012 by Jim Sutliff

Yields rose for Spanish bonds and traded above 7% on Monday.  The Euro also came under pressure and traded below $1.26 after rising in early trading.  The Euro also fell in trading against the Japanese Yen.  Election results in Greece worked … Continue reading →

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Interest Rates, Investments, Options & Futures, Trading, Treasury | Leave a comment

Gold Tumbles –

Posted on 8. June 2012 by Jim Sutliff

Gold tumbled in trading on Thursday and fell $46.20 an ounce to $1,588.  Silver and copper also fell in trading on Thursday.  Gold rebounded slightly on Friday and increased $7.10 an ounce. To read a related Bloomberg Businessweek article, please … Continue reading →

Posted in Banking, Currency, Economic News, Federal Reserve, General, Investments, Natural Gas, Oil, Options & Futures, Trading, Treasury | Leave a comment

Crude Oil Closes Below $90 –

Posted on 30. May 2012 by Jim Sutliff

Crude oil fell slightly on Tuesday and closed below $90 a barrel.  Traders weighed European economic concerns and the possibility of rising levels of crude oil inventory.  The Euro was also trading lower against the U.S. Dollar. To read a related Wall Street … Continue reading →

Posted in Banking, Currency, Earnings, Economic News, Euro, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Gasoline Inventories Fall –

Posted on 9. May 2012 by Jim Sutliff

Gasoline inventories declined 2.6 million barrels and distillate inventories fell 3.3 million barrels.  The Energy Information Administration also indicated that crude oil increased 3.7 million barrels which was greater than the 2 million barrel increase expected by analysts.  Inventories of … Continue reading →

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Natural Gas Prices Fall –

Posted on 4. May 2012 by Jim Sutliff

Natural gas prices fell 2.6% in Friday trading to cap off a week of price volatility.  Natural Gas prices during the week showed gains of as much as 4.5% and declines as steep as 5%.  June natural gas settled at … Continue reading →

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Gasoline Inventories Fall –

Posted on 22. April 2012 by Jim Sutliff

 Gasoline inventories fell 3.67 million barrels which exceeded analyst expectations.  Distillates also fell and were 2.91 million lower than the previous week.  The U.S. Department of Energy  also indicated that crude oil supplies increased by 3.86 million barrels. To read … Continue reading →

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