crude oil futures news

crude oil futures news

April 19th, 2015

U.S. oil futures climbed near their highest level of the year on speculation that supply growth is beginning to slow.

Genscape Inc. was said to report a drop in inventories at Cushing, Oklahoma, the delivery point for West Texas Intermediate contracts, in the second half of last week, according to Phil Flynn, senior market analyst at the Price Futures Group in Chicago.

Concern that a record surplus in stockpiles would strain the nation’s storage capacity had been holding back oil’s recovery from a six-year low. Prices capped their biggest weekly advance in more than four years in New York on growing expectations that a decline in drilling will curb production.

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s&p futures news

s&p futures news

April 8th, 2015

U.S. stock-index futures were little changed before the Federal Reserve releases the minutes of its March meeting and as Alcoa Inc. unofficially kicks off earnings season.

Alcoa gained 1.6 percent before reporting its first-quarter results, due after the close of trading. Energy companies were little changed as a drop in oil prices offset news that Royal Dutch Shell Plc agreed to buy BG Group Plc for about $70 billion in the oil and gas industry’s biggest deal in at least a decade.

E-mini contracts on the Standard & Poor’s 500 Index expiring in June added 0.1 percent to 2,069.5 at 8:45 a.m. in New York. Dow Jones Industrial Average futures advanced 13 points, or 0.1 percent, to 17,798.

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Stock Futures

Stock Futures

March 19th, 2015

U.S. stocks fell, after a rally Wednesday on the Federal Reserve’s policy statement, as banks retreated and energy companies fell with the price of oil.

Transocean Ltd. and Chesapeake Energy Corp. dropped more than 5 percent to pace declines in energy stocks after the group posted their best gain in a month yesterday. Citigroup Inc. and Morgan Stanley fell more than 2.3 percent. The Nasdaq Biotechnology Index rose 1.7 percent to a record. Apple Inc. slipped in its first day in the Dow Jones Industrial Average.

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crude oil futures news

crude oil futures news

March 10th, 2015

Bets that oil prices will plunge below $35 a barrel by June have lost almost 80 percent of their value after the U.S. benchmark recovered from a six-year low.

June $30 and $35 puts, or wagers that West Texas Intermediate oil will drop below those levels, have tumbled since January. Prices traded within an $8 range last month, the least since September.

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natural gas futures brokers

natural gas futures brokers

February 4, 2015

Natural gas futures declined in New York for the fifth time in six days as forecasts showed a mix of mild and colder-than-normal weather that would limit demand for the heating fuel.

Temperatures may be mostly average in the central and eastern U.S. through Feb. 18, with frigid weather confined to the Northeast, according to Commodity Weather Group LLC in Bethesda, Maryland. A gas stockpile deficit to the five-year average has narrowed to 3 percent from a record 55 percent at the end of March.

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