Category Archives: Oil

Oil

Oil Inventories Rise 7.1 Million Barrels –

Posted on 29. March 2012 by Jim Sutliff

According to the U.S. Energy Information Administration, crude oil inventories rose 7.1 million barrels.  The inventory increase worked to drive crude oil prices lower in trading.  The increase exceeded analyst expectations of a much lower 2.2 million barrel rise in … Continue reading →

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

Crude Oil Rises On Iran –

Posted on 23. March 2012 by Jim Sutliff

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 | Leave a comment

Treasury Prices Fall –

Posted on 19. March 2012 by Jim Sutliff

Treasury prices fell on Monday and yields hit new highs for 2012.  Ten year Treasury yields rose .08% in trading and  extended gains from the previous week.  A recent Federal Reserve policy statement indicated an improved economic outlook. To read a related Wall … Continue reading →

Posted in General, Investments, Oil, Options & Futures, Trading | Leave a comment

Crude Settles Higher –

Posted on 11. March 2012 by Jim Sutliff

Crude oil settled over $107 a barrel which is the highest level since March 1st.  Crude oil prices were supported by positive jobs data that may be a sign of economic growth.  However, warmer weather may weigh on crude prices … Continue reading →

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

Crude Oil Almost Hits $110 –

Posted on 25. February 2012 by Jim Sutliff

Crude oil almost hit $110 in Friday trading and settled at $109.77 a barrel.  This is the highest level that oil has traded at in the last 9 months.   The conflict with Iran is the driving force behind higher trading prices.  Iran is … Continue reading →

Posted in Economic News, General, Investments, Oil, OPEC, Options & Futures, Trading | Leave a comment

Tensions Send Oil Higher –

Posted on 19. February 2012 by Jim Sutliff

Crude oil traded at a 9 month high as tensions increased with Iran cutting supplies to companies from the U.K. and France.  In addition, traders weighed the economic gains of a second Greek bailout.  Crude Oil rose to $105 a barrel which is … Continue reading →

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

Oil Inventories Rise Hit Three Month High –

Posted on 2. February 2012 by Jim Sutliff

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 | Leave a comment

Natural Gas Falls Over 6% –

Posted on 19. January 2012 by Jim Sutliff

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 | Leave a comment

Crude Oil Supplies Rise –

Posted on 12. January 2012 by Jim Sutliff

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 | Leave a comment

Oil Rises On Economic Growth Outlook –

Posted on 10. January 2012 by Jim Sutliff

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 | Leave a comment

Natural Gas Edges Up –

Posted on 8. January 2012 by Jim Sutliff

Natural gas rose slightly at the end of the week and closed at $3.062.  Forecasts of colder weather countered inventory reports which had sent natural gas prices lower.  Colder weather is expected in the Northeast for January 16th through the 20th.    Warmer than normal … Continue reading →

Posted in Economic News, General, Investments, Metals, Natural Gas, Oil, Options & Futures, Trading | Leave a comment

Crude Oil Settles Over $101 –

Posted on 27. December 2011 by Jim Sutliff

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 | Leave a comment

Economic Data Drives Oil Higher –

Posted on 20. December 2011 by Jim Sutliff

Economic data sent oil prices higher in trading on Tuesday.  Housing starts and building permits rose and data from Europe looked strong.  Also, supplies of crude oil fell 4.6 million barrels last week which was higher than analyst expectations. To read … Continue reading →

Posted in Banking, Economic News, General, Interest Rates, Investments, Oil, Options & Futures, Stocks, Trading | Leave a comment

Data Sends Crude Oil Lower –

Posted on 1. December 2011 by Jim Sutliff

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 | Leave a comment

Crude Oil Rises On Retail Sales –

Posted on 28. November 2011 by Jim Sutliff

Thanksgiving weekend sales rose and crude oil prices followed in trading on Monday.  Crude oil futures broke the $100 dollar mark and hit their highest level since November 17th.  On the supply side, Libyan output increased to over 750,000 barrels a … Continue reading →

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