(eToro Blog) Earlier today, the Chinese Federation of Logistics and Purchasing reported April’s PMI manufacturing reading was improved at 53.5 from March’s 53.1, though it fell short of analysts’ expectations of a rise in the reading to 53.6. Non…
(eToro Blog) Earlier today, the Chinese Federation of Logistics and Purchasing reported April’s PMI manufacturing reading was improved at 53.5 from March’s 53.1, though it fell short of analysts’ expectations of a rise in the reading to 53.6. Non…
Jutia GroupThe Thirst for Oil Continues … and theJutia GroupBy Money and Markets, on December 7th, 2011 in Energy Oil prices have been on a wild ride the second half of 2011, and that's likely to continue for the foreseeable future. A myriad of f…
EnerJex Significantly Expands Its Mississippian Oil Play in KansasMarketWatch (press release)Based on EnerJex's December 31, 2010 third-party reserve report (updated to reflect NYMEX strip pricing on 6/13/2011), the Company's existing Black Oak…
EnerJex Announces Agreement to Significantly Expand Its Mississippian Oil Play …MarketWatch (press release)Based on EnerJex's December 31, 2010 third-party reserve report (updated to reflect NYMEX strip pricing on 6/13/2011), the Company's ex…
Airlines Risk Deeper Seat Cuts Amid U.S. Wealth 'Destruction'BloombergThe pinch on airlines is worse when measured by the so- called crack spread between crude and heating oil. Many carriers use heating-oil futures to hedge their purchases of j…
Diesel contract to replace heating oil future in 2013ReutersThe move spells the end for the longest running oil future. The heating oil contract was first launched by NYMEX in 1978, five years before the US crude oil contract CLc1. Heating oil trading …
Reuters AfricaCrude Oil Falls to Near a Four-Month Low on European Debt Crisis, EconomyBloomberg“For the government of Tripoli, they aren't prepared to discuss the future of Qaddafi.” Oil volume in electronic trading on the Nymex was 629070 con…
Nymex floor loses its voice to electronicsFinancial TimesWhat survived were options, which convey the right to buy or sell these futures. In the four months to April from the same period in 2010, options volume in Nymex crude oil declined 6.9 per cent …
BRIEF-CME raises Crude Oil Future NYMEX marginsReutersWe welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we re…
OIL: NYMEX light sweet crude oil future ended at $93.20/barrel, after trading …Automated TraderOIL: NYMEX light sweet crude oil future ended at $93.20/barrel, after trading in a $86.25 to $94.49 range. Last week, the front contract began to break bac…