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Category Archives: Gasoline
Crude Oil Rises On Iran –
Crude oil spent most of the day in a trading range of $105 to $108 a barrel. The rise in crude oil prices and trading volatility came after oil exports from Iran were estimated to have dropped 300,000 barrels a day. The weaker … Continue reading →
Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading
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Oil Inventories Rise Hit Three Month High –
Crude oil inventories continue to rise and hit a three month high last week. The Energy Department indicated that crude oil supplies increased to 338.9 million barrels. That mark is 4.18 million barrels higher than the previous week. Gasoline also had weak … Continue reading →
Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading
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Natural Gas Falls Over 6% –
Natural gas fell more than 6% in trading on Thursday and settled at $2.3220 per 1,000 cubic feet. Natural gas supplies have steadily increased and warmer than normal weather is expected over the next few weeks. Gasoline and crude oil fell … Continue reading →
Posted in Gasoline, General, Investments, Natural Gas, Oil, Options & Futures, Trading
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Crude Oil Supplies Rise –
According to the U.S. Energy Information Administration, crude oil supplies rose by 5 million barrels last week. In addition, gasoline inventories rose 3.6 million barrels and distillates increased by 4 million barrels. All of the inventory increases were well above … Continue reading →
Posted in Earnings, Economic News, Gasoline, General, Infrastructure, Investments, Oil, Options & Futures, Political News, Trading
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Oil Rises On Economic Growth Outlook –
Crude oil rose to $103.41 during afternoon trading and settled at $102. 24 a barrel. An improved outlook for US economic growth also sent the stock market to a five month high. In addition, tensions in Iran and Nigeria raised supply concerns … Continue reading →
Posted in Earnings, Economic News, Gasoline, General, Investments, Oil, Stocks, Trading
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Crude Oil Settles Over $101 –
Crude oil continued to climb and settled over $101 a barrel. Geopolitical forces pushed crude higher as traders returned on Tuesday. Supply reports may weigh heavily on trading activity in the next few weeks. Warmer than normal temperatures in the northeast could increase supplies and send crude … Continue reading →
Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading
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Data Sends Crude Oil Lower –
European and Chinese manufacturing numbers came in weak and that helped to send crude oil lower. Crude oil settled at slightly higher than $100 dollars a barrel on Thursday. This is the first time since February 2009 that Chinese manufacturing has … Continue reading →
Posted in Banking, Bonds, Currency, Earnings, Economic News, Euro, Gasoline, General, Investments, Oil, Options & Futures, Trading
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Crude Oil Inventory Drops –
The Department of Energy weekly report indicated that crude oil inventories fell 4.7 million barrels. Inventories of gasoline fell 1.1 million barrels and distillates dropped 700,000 barrels. Analysts had expected an increase of 700,000 barrels for crude and 1 million barrels … Continue reading →
Posted in Banking, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading
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Crude Oil Inventories Rise –
Crude oil inventories rose 1.9 million barrels last week and gasoline demand fell 2.4%. Analysts had expected crude oil inventories to remain unchanged from the previous week. The drop in demand and rising economic concerns forced crude oil prices lower in afternoon trading. Crude oil dropped over $3 … Continue reading →
Posted in Banking, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading
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GSCI Index Falls –
Commodities continued to drop and the Standard & Poor’s GSCI Index hit a 9 month low. In afternoon trading, the GSCI Index fell to 594.12 which is the lowest level since early December 2009. Metals were hit hard with silver, gold, copper, and … Continue reading →
Posted in Banking, Economic News, Federal Reserve, Gasoline, General, Investments, Metals, Natural Gas, Oil, Options & Futures, Stocks, Trading, Treasury
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Gasoline Demand Drops –
Crude oil declined in trading after a report from the Energy Department indicated that gasoline supplies rose almost 2 million barrels. Crude oil inventories decreased 6.7 million barrels due to weather related shutdowns. Distillate fuel supplies increased 1.71 million barrels … Continue reading →
Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading
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Crude Oil Slightly Higher –
Crude oil finished slightly higher in trading on Friday and closed at $85.37 a barrel. Traders closely watched comments by Federal Reserve Chairman Ben Bernanke which indicated that the Fed stands ready to implement stimulus programs if needed. Gasoline traded lower … Continue reading →
Posted in Economic News, Federal Reserve, Gasoline, General, Investments, Oil, Options & Futures, Trading
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Commodities Rebound –
Stocks continued to decline at the end of the week but commodities started to rebound. Growth projections for developing countries increased demand for raw materials. Commodities advancing at the end of the trading week were silver, cooper, gold, and gasoline. Gold finished … Continue reading →
Posted in Banking, Economic News, Gasoline, General, Investments, Metals, Natural Gas, Oil, Options & Futures, Stocks, Trading
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Economic Growth Forecast Lowered –
Crude oil fell to $94 a barrel after the Federal Reserve lowered the economic growth forecast. Crude oil inventories also fell 1.71 million barrels which was slightly less than analysts had expected. The Energy Department also released figures that showed … Continue reading →
Posted in Economic News, Federal Reserve, Gasoline, General, Investments, Oil, Options & Futures, Trading
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MarketWatch Conference –
A recent MarketWatch article on investing tips for alternative assets discussed viewpoints of money managers. Money managers at a MarketWatch conference stated that emerging markets will lead to further growth in commodities. The market demand for products will cause the demand … Continue reading →
Posted in Banking, Bonds, Currency, Economic News, Gasoline, General, Infrastructure, Investments, Metals, Oil
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