Category Archives: Options & Futures

Crude Oil Supplies Rise –

Posted on 30. March 2011 by Jim Sutliff

Crude oil supplies rose 2.95 million barrels and gasoline inventories dropped 2.7 million barrels.  Distillate stocks rose slightly with refinery activity preparing to shift to gasoline for the summer driving season.  Crude oil fell in light trading volume as a result of the energy … Continue reading →

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

Crude Oil Inventories Rise –

Posted on 23. March 2011 by Jim Sutliff

Crude oil inventories rose by 2.1 million barrels to 352.8 million barrels which is the highest level since last November.  Supplies of gasoline fell 5.3 million barrels and inventories of distillates were unchanged.  In addition, refinery utilization rates and demand for … Continue reading →

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

Exxon Mobil (XOM) Lands Drilling Permit –

Posted on 22. March 2011 by Jim Sutliff

Exxon Mobil landed a deep-water drilling permit in the Gulf of Mexico.  The permit  will allow Exxon to drill in the Keathley Canyon Block 240 miles off the coast of Louisiana.  The Bureau  of Ocean Energy Management, Regulation and Enforcement started to … Continue reading →

Posted in General, Infrastructure, Investments, Oil, Options & Futures, Political News, Regulatory, Stocks, Trading | Leave a comment

Copper Expected To Fall –

Posted on 16. March 2011 by Jim Sutliff

The Bloomberg Chart of the Day highlights the recent decline in copper prices.  Copper futures may post their biggest decline monthly decline in over a year.  The decline in copper prices may continue in the near term due to weak economic numbers, … Continue reading →

Posted in Economic News, General, Hedge Funds, Investments, Metals, Options & Futures, Trading | Leave a comment

Nasdaq Bid For NYSE –

Posted on 14. March 2011 by Jim Sutliff

Reports indicate that Nasdaq is close to making a bid for the New York Stock Exchange.  Nasdaq may require financing of $5 billion in new debt for the transaction.  The deal would make Nasdaq the leader in trading of U.S. stocks and could face antitrust … Continue reading →

Posted in Banking, Economic News, General, Infrastructure, Investments, Options & Futures, Political News, Regulatory, Stocks, Trading | Leave a comment

Crude Oil Inventory Report –

Posted on 9. March 2011 by Jim Sutliff

Despite a rise in inventory, crude oil is still trading in the $105 range.  The Department of Energy released their weekly inventory report that showed crude inventories rising 2.5 million barrels.  The increase was larger than analysts had expected and adds to … Continue reading →

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

Crude Oil To $200?

Posted on 8. March 2011 by Jim Sutliff

The Bloomberg Chart Of The Day looks at oil prices and outstanding $200 call options.  The article discusses the recent events in the middle east that are spiking interest in crude oil call options.  The number of $200 contracts are at … Continue reading →

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

Cramer Predicts Gold $1,550 –

Posted on 2. March 2011 by Jim Sutliff

Jim Cramer has predicted that gold will increase to $1,550 an ounce.  Recently, gold settled at $1,431 an ounce which is an all-time high.  The Cramer prediction was influenced by Wall Street technician John Roque.  To read a related CNBC article, please click … Continue reading →

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

Crude Oil Ends Lower –

Posted on 24. February 2011 by Jim Sutliff

 Crude oil reversed an upward trend in the final hours of trading on Thursday.  Crude oil had topped the $100 mark but ended up lower on the day finishing down almost $2 dollars.  News relating to a Saudi Arabian aid … Continue reading →

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

Turmoil Sends Oil Soaring –

Posted on 22. February 2011 by Jim Sutliff

Reuters reports that Libya has declared a Force Majeure on some oil shipments.  A force majeure would clear companies of some contractual obligations due to events beyond their control.  Specific details relating to the force majeure declaration are unclear and … Continue reading →

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

Oil And Gasoline Supplies Rise –

Posted on 10. February 2011 by Jim Sutliff

Oil and Gasoline supplies rose last week and that sent prices lower in trading.  Oil prices are under pressure from rising inventories and increased output from OPEC.  Supplies of oil rose 1.9 million barrels last week to 345.1 million barrels.  Gasoline … Continue reading →

Posted in Gasoline, General, Investments, Natural Gas, Oil, OPEC, Options & Futures, Trading | Leave a comment

OPEC To Discuss Output –

Posted on 30. January 2011 by Jim Sutliff

OPEC is expected to discuss oil output levels at an international energy forum in Riyadh on February 22nd.  All OPEC members will be at the forum and they could significantly raise output levels.  OPEC has been under pressure to increase output levels … Continue reading →

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

Petroleum Status Report –

Posted on 21. January 2011 by Jim Sutliff

The weekly Petroleum Status Report from the U.S. Department of Energy indicated a rise in crude oil inventories of 2.6 million barrels.  There were also increases in gasoline inventories of 4.4 million barrels and distillates of 1 million barrels.  All three … Continue reading →

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

CFTC Proposes Trading Regulations –

Posted on 13. January 2011 by Jim Sutliff

The Commodity Futures Trading Commission has proposed new position limits to curb speculation.  The goal is to help prevent spikes in fuel and agricultural commodities.  If approved the plan would cover 28 different commodities.  The proposal is expected to face opposition from market … Continue reading →

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

Crude Inventories Fall –

Posted on 12. January 2011 by Jim Sutliff

The Department of Energy released the weekly inventory report which indicates a decrease in crude oil inventories.  Crude oil inventories declined 2.2 million barrels which was a sharper decline than expected.  However, inventories for gasoline increased 5.1 million barrels and heating oil … Continue reading →

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