Commodities jump alongside oil prices

By MADLEN READ NEW YORK (AP) — Metals and grains rose alongside energy prices in light trading Friday, after a nine-day plunge in oil encouraged investors to buy back into the struggling commodities market. But so far, there is little evidence that crude oil or other battered commodities [more...]

Date: 2008-12-27 14:09:19

Blog posts (22) | Videos (336)
 

Four at Four: Crude Tensions

Gaza The deflationary trade that has reduced oil to a fraction of where it stood earlier in the year has been, for the time being, ... , it suggests that crude oil and other energy commodities are unlikely to bounce off their bottom dramatically [more...]

Date: 2008-12-29 12:09:00

Technical Picture - Consolidation Ahead of FED

Stocks sold off in early trade as investors grappled with ongoing uncertainty and the threat of more losses from the financial sector, ... funds futures imply a reduction to the fed funds target rate is certain. There is currently a 66 ... in commodities such as agchem, natural gas, gold, and crude oil. Crude was up as much as 8.2% during [more...]

Date: 2008-12-16 06:16:00

Technical Picture - Consolidation Ahead of FED

Stocks sold off in early trade as investors grappled with ongoing uncertainty and the threat of more losses from the financial sector, ... funds futures imply a reduction to the fed funds target rate is certain. There is currently a 66 ... in commodities such as agchem, natural gas, gold, and crude oil. Crude was up as much as 8.2% during [more...]

Date: 2008-12-16 07:00:16

Oil dip

Crude oil prices have fallen to about $67 a barrel from their record summer highs of about $146, as concerns of slowing economies filter into the commodities market. But, even with that drop ... are looking at WTI crude oil options -- where the number of implied vol for OTM puts is trading at much [more...]

Date: 2008-10-22 06:57:01

A Day In The Life of Oil

With crude oil crossing the $142/record mark on Friday, one newspaper took a close-up look at how oil affects traders, fishermen, pre-school kids, ... -old commodities trader, family man, and former top minor league baseball prospect. This strange ... futures trades on that exchange. He's scaled back in recent years and says it's too dangerous to make [more...]

Date: 2008-06-30 20:54:00

Bush Ends Executive Ban on Off-Shore Drilling and Oil Prices Drop 7% in two trading sessions

June 20, 2008 — USA Today: Democrat Barack Obama’s campaign released remarks he plans to make at the start of a news conference in ... of futures trading in commodities. – WLS ... on July 14 — $145.18. Price of oil at close on July 16 — $134.60. “Crude-oil futures tumbled $4.14 [more...]

Date: 2008-07-17 00:34:34

Oil Set for Rebound as Record Drop Spurs OPEC Production Cuts

By Grant Smith and Mark Shenk Dec. 30 (Bloomberg) -- Oil futures may rebound from their worst year to average $60 a barrel next year as OPEC makes ... be turning around.” Crude futures averaged $100 this year, the highest since crude began trading on the New York Mercantile Exchange in 1983. Oil plunged along with commodities from copper to corn [more...]

Date: 2008-12-30 00:25:00

Crude Oil Finds Longterm Support and Buy Signal at $40

We’ve witnessed absolute destruction in the price of crude oil and in other commodities in such a short period of time ... before making any trading or investing decisions. If you don’t trade futures, you might want to see [more...]

Date: 2008-12-09 15:42:00

How Main Street Will Quickly Feel The Fallout From Wall Street

In case you didn't think you'd feel the effects of the Wall Street meltdown in the short-term, you would be wrong: ... as investors dashed into commodities on concerns about the government’s plan to bail out the financial system. After a wild last hour of trading, crude oil futures surged as high as $130 a barrel before [more...]

Date: 2008-09-22 23:48:06

CFTC Report on High Oil Prices - "Speculation My A$$"

With a pending Senate vote on the "Stop Excessive Energy Speculation Act", it seems that we (not the TOD 'we', but the collective society 'we') ... . In this report, the Commodity Futures Trading Commission (CFTC), threw cold water on the recent ... , activity on the crude oil futures market – as measured by the number of contracts outstanding, trading [more...]

Date: 2008-07-23 14:47:59

The New Commodity Bull

Just when the central banks of the world are deluding themselves with the idea that inflation is under control, commodity prices are surging much higher once again.Soybeans (other grains have similar charts) - up 30% over the past monthCrude Oil - up 40% in 7 trading sessions. Crude has touched $50/barrel [more...]

Date: 2009-01-06 11:14:00

DrumBeat: September 23, 2008

Oil Short Squeeze Prompts Call to Curtail Speculators (Bloomberg) -- U.S. lawmakers may seek to include commodity speculation limits in legislation designed to rescue banks from bad mortgage investments after a squeeze in oil trading sent crude to a record gain [more...]

Date: 2008-09-23 13:51:42

Crude Oil Surges; OPEC to Make ‘Severe’ Cut

Crude oil futures jumped to near $48 a barrel on Thursday trading in New York, ... and other dollar-denominated commodities. OPEC, the supplier of 40 percent of the world’s crude [more...]

Date: 2008-12-11 21:48:03

Has Oil Broken Down?

Commodities These commodity market blowups are becoming all-too-familiar in the last few years ... in a commodity turned into a buying frenzy, fueled at first by speculators caught up in the mere expectation ... at Alaron Trading in Chicago. SemGroup said in its bankruptcy filing that it had bet that crude [more...]

Date: 2008-07-24 16:38:58

Speculators are Part of the Market

In a July 21, 2008 column in the Jewish World Review with a shouting headline of STOP OIL SPECULATION NOW! ... trade the right to specified quantities of a specified commodity to be delivered at some point ... to deliver a barrel of crude petroleum on December 1, 2016 at a price of $150. Traders who believe the price [more...]

Date: 2008-07-24 22:30:22

Gold slips 1 percent as dollar firms and oil slides

Gold slips 1 percent as dollar firms and oil slides filed in Business on Jan.02, 2009 ‘) ... late on Wednesday, the last trading session of 2008. U.S. gold futures for February delivery fell ... as a hedge against oil-led inflation and as rising crude prices often increase interest in commodities [more...]

Date: 2009-01-02 20:56:24

Oil, Another 'Trouble in Middle East' Bounce

A bounce to $50 and even $55 isn't excessive. Prices are now above the declining 20 day EMA (blue line) and should gravitate to the 50 day EMA ( ... for a rally this year, if history is any guide.The so-called forward curve of futures contracts traded ... cut, raised the price of all the crude types it exports to the U.S.”Another way to play commodities [more...]

Date: 2009-01-05 13:30:00

Merrill’s Three ‘C’s for the Market

Could declining commodity prices be a major theme for the markets in the third quarter? Crude-oil futures are dropping like a stone this morning amid a strengthening dollar ... futures dropped as well, tumbling more than $12 to around $921 an ounce in recent Comex trading [more...]

Date: 2008-07-07 14:41:09

Four at Four: Speculating About Speculation

One of the easiest ways to avoid having to explain complicated situations is to find a group of nefarious types who can’t be named or ... in the last year. Crude continued to rise in trading today, gaining $1.38 to $136.74, and while speculative ... t like volatility now, they’re going to have the shock of their lives when they see these commodity [more...]

Date: 2008-06-23 11:44:00

Oil prices sink further below USD 40

Oil prices fell further below USD 40 in Asian trade on Tuesday in a market plagued by weak energy demand, dealers said. ... sweet crude for delivery in February, shed 77 cents to USD 39.14 a barrel in morning trade after sliding ... in London on Monday. “The market is in freefall,” said Mark Pervan, senior commodities analyst with ANZ [more...]

Date: 2008-12-23 09:02:47

As Per Astrology: Gold Will Be Safe Investment in 2009

Lt. Col. Ajay Jain, Commodity Online Leave the year 2008 behind and look for the future as the coming year is expected to bring good hopes for Asian ... and commodity markets. But hold on. The US and European economy may still suffer before it can rebound. Astro ... , this is right time for investment in crude oil for short term trading, since crude oil [more...]

Date: 2009-01-01 14:51:43

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