crude oil futures prices

crude oil futures prices

November 28th, 2014

Crude oil Brent steadied after OPEC triggered the biggest one-day plunge in three years yesterday by failing to cut its output in response to a glut. Oil in New York headed for its biggest weekly drop since 2011.

Crude oil futures rose 0.6 percent in London, having declined 9.1 percent this week. OPEC will maintain its collective output target at 30 million barrels a day, Saudi Arabia’s Oil Minister Ali Al-Naimi said after discussions in Vienna yesterday. The group’s policy will ensure a crash in the U.S. shale industry, predicted Leonid Fedun, the vice president of Russia’s OAO Lukoil.

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feeder cattle futures

feeder cattle futures

November 25th, 2014

There’s been a lot of attention paid to how Canada’s oil boom has helped make gasoline cheaper. What many people may not realize is that the boom is also driving up the prices they pay for burgers and steaks.

Surging energy investment in Prairie Provinces, home to most of the nation’s farms and cattle ranches, has boosted domestic crude output to a record and sent pump prices to a three-year low. That’s led to jobs on drilling rigs or pipe crews paying two-thirds more than those in livestock, luring cowboys and beef-plant workers to the oil patch.

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soybean futures 101

soybean futures 101

November 25th 2014

Soybean futures advanced for a third session in four, rebounding from a slide yesterday, amid signs of demand for U.S. supplies as farmers in the top producer near completion of a record harvest.

U.S. exporters sold 235,000 metric tons of soybeans to China for delivery by Aug. 31, the U.S. Department of Agriculture said yesterday. Export inspections in the week ended Nov. 20 were 52 percent higher than a year earlier, the agency said. About 97 percent of the record 3.958 billion bushel crop was harvested as of Nov. 23, USDA data show.

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crude oil futures quotes

crude oil futures quotes

November 24th, 2014

Crude oil futures Brent and West Texas Intermediate were little changed as investors weighed the odds of a production cut from OPEC this week.

Iran may propose that OPEC cut its output target by as much as 1 million barrels a day, Mehr News reported. Hedge funds have turned less bullish on oil in the absence of any clear signal from the Organization of Petroleum Exporting Countries that it will act to bolster prices. The 20 analysts surveyed last week by Bloomberg are divided, with half predicting a cut and the rest no action.

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soybean futures quotes

soybean futures quotes

November 21st, 2014

Soybean futures advanced on indications of sustained demand for U.S. supplies of the oilseed, while wheat and corn futures declined.

U.S. shippers sold 140,000 metric tons of soybeans to unknown buyers, the U.S. Department of Agriculture reported yesterday. Soybean meal net export sales were 265,749 tons in the seven days through Nov. 13 from 39,637 tons a week earlier, according to the USDA’s weekly report.

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Crude oil futures quotes

Crude oil futures quotes

November 20th, 2014

Brent and West Texas Intermediate crude swung between gains and losses as investors weighed the potential outcomes next week of the OPEC meeting and Iran nuclear talks in Vienna.

Futures rose as much as 0.9 percent in London, reversing an earlier decline. U.S. Secretary of State John Kerry will today join envoys from six world powers and Iranian counterparts for intensive talks on the country’s nuclear program. Iran won’t cut its oil output by a single barrel and will discuss market share with Saudi Arabia in Vienna next week, said the country’s Oil Minister Bijan Namdar Zanganeh.

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natural gas futures brokers

natural gas futures brokers

November 19th, 2014

Natural gas futures rose to a one-week high in New York as cold weather spurred demand for the heating-fuel.

Temperatures will be below normal across the eastern U.S. over the next five days, with low readings lingering in the central states next week, said Commodity Weather Group LLC. A government report tomorrow may show that U.S. gas inventories fell 13 billion cubic feet last week, the first drop of this season, signaling the beginning of the peak-demand period, 12 analyst estimates compiled by Bloomberg show.

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s&p futures news

s&p futures news

November 17th, 2014

Standard & Poor’s 500 Index futures (SPX) dropped, signaling the gauge will decline from a record high, while Treasuries rose and oil fell. The yen strengthened against most of its peers after Japan unexpectedly slid into recession.

S&P 500 futures retreated 0.3 percent at 8:35 a.m. in New York. Halliburton Co. declined after agreeing to buy Baker Hughes Inc. The Stoxx Europe 600 Index slipped 0.1 percent. Japan’s currency gained against all but four of its 16 major counterparts and the Topix dropped the most in six weeks. The yield on 10-year Treasuries slid three basis points to 2.29 percent. Chinese shares in Hong Kong slid as a trading link between the city and Shanghai began. Brent crude fell 1.2 percent to $78.43 a barrel and U.S. natural gas rose.

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copper futures quotes

copper futures quotes

November 14th, 2014

Copper futures headed for a second weekly drop as worse-than-expected economic data fueled concern that slowing global growth will temper demand.

Industrial production in China, the biggest copper user, increased less in October than estimated by analysts, figures showed yesterday. The world economy is in its worst shape in two years, according to a Bloomberg Global Poll of international investors. An index of the six main metals traded on the London Metal Exchange fell yesterday after two sessions of gains.

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corn futures quotes

corn futures quotes

November 13th, 2014

Corn futures rose for a fourth day on speculation that a winter blast in the U.S. will boost demand for animal feed. Wheat fell after reaching a 10-week high yesterday.

Corn for December delivery advanced 0.8 percent to $3.8075 a bushel at 5:06 a.m. on the Chicago Board of Trade. Futures jumped to $3.85 yesterday, the highest price since July 18. Wheat for delivery in March dropped 0.5 percent to $5.4525 a bushel after climbing to $5.49 yesterday, the highest since Sept. 3.

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