Category Archives: Oil

Oil

Oil Climbs Over $100 –

Posted on 16. November 2011 by Jim Sutliff

Oil climbed over $100 a barrel in early trading on Wednesday for the first time since July 26th.  Oil has risen on positive economic figures such as industrial production and October retail sales.  However, the strength of the Dollar may … Continue reading →

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

Crude Ends Week Lower –

Posted on 28. October 2011 by Jim Sutliff

Crude oil ended the week with traders taking gains and sending crude prices lower for the day.  Crude oil fell to $93.32 a barrel after gaining almost 7% since October 21st. A decline in Japanese factory output also weighed on … Continue reading →

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Euro & Gold Decline –

Posted on 17. October 2011 by Jim Sutliff

The Euro declined in trading after a spokesman for German Chancellor Angela Merkel indicated that the debt crisis would not be resolved in the next few weeks.  The news also sent crude oil and gold prices lower in trading on Monday. To … Continue reading →

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

Crude Oil Inventory Drops –

Posted on 5. October 2011 by Jim Sutliff

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 | Leave a comment

Crude Oil Inventories Rise –

Posted on 28. September 2011 by Jim Sutliff

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 | Leave a comment

GSCI Index Falls –

Posted on 23. September 2011 by Jim Sutliff

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 | Leave a comment

Gasoline Demand Drops –

Posted on 14. September 2011 by Jim Sutliff

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 | Leave a comment

Crude Oil Slightly Higher –

Posted on 27. August 2011 by Jim Sutliff

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 | Leave a comment

Commodities Rebound –

Posted on 20. August 2011 by Jim Sutliff

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 | Leave a comment

Crude Oil Falls On Growth Outlook –

Posted on 16. August 2011 by Jim Sutliff

Crude oil fell $1.23 and closed at $86.65 a barrel.  The weak economic outlook has lowered demand forecasts in a market that is already well supplied.  In addition, GDP for European zone economies only grew .2% in the second quarter.  The U.S. Dollar also increased … Continue reading →

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Dow Finishes Up –

Posted on 12. August 2011 by Jim Sutliff

The Dow Jones finished up 125 points on Friday but was still down 1.5% for the week.  Trading was very volatile all week with the Dow Jones moving 400 or more points on four consecutive days.  Gold touched $1,800 an ounce … Continue reading →

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

Stocks & Oil Tumble –

Posted on 8. August 2011 by Jim Sutliff

The Dow Jones Industrial Average fell over 600 points in trading on Monday.  The downgrade of U.S. debt and concerns for the global economy continued to drive the market lower throughout the day.  Crude oil also fell in trading and finished … Continue reading →

Posted in Banking, Bonds, Currency, Earnings, Economic News, General, Interest Rates, Investments, Metals, Oil, Options & Futures, Regulatory, Stocks, Trading, Treasury | Leave a comment

Economic Growth Forecast Lowered –

Posted on 22. June 2011 by Jim Sutliff

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 →

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MarketWatch Conference –

Posted on 11. June 2011 by Jim Sutliff

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 | Leave a comment

Stocks Slide On Economic Data –

Posted on 1. June 2011 by Jim Sutliff

The Dow Jones Industrial Average fell almost 300 points after a weak jobs report.  The jobs report was followed by the Institute for Supply Management factory index that indicated a slow pace of expansion for U.S. manufacturing.  Yields for ten year Treasury … Continue reading →

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