Commodities & Metals
Commodities & Metals Articles
courtesy of Chevron Corp.Following a November 2011 leak of about 3,600 barrels of oil from a rig offshore of Brazil, Chevron Corp. (NYSE: CVX) and driller Transocean Ltd. (NYSE: RIG) were slapped...
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ThinkstockThe run-up in crude oil prices that got rolling in mid-April has pushed West Texas Intermediate (WTI) crude prices from around $87 a barrel to almost $110 a barrel. That is a gain of more...
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thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 65 billion cubic feet last week, compared with an expected build of about 67 billion...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 200,000 barrels last week,...
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ThinkstockCost-cutting and price-cutting have been the major trends in the oil field services sector for at least the past year. It is hard to know which is the chicken and which the egg, but...
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ThinkstockThe research team at Merrill Lynch has found that global investors remain very “underweight” in their holdings of metals and mining shares, while valuations do not look stretched. This...
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ThinkstockThe U.S. Energy Information Administration (EIA) released the September revision to its Short-Term Energy Outlook on Tuesday, and the major change is that the EIA now expects the average...
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ThinkstockCoal mining stocks have had a couple of bad years. Actually, since peaking in mid-2008, Central Appalachian thermal coal prices have dropped from more than $140 a ton to around $50 a ton....
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ThinkstockThe Russian proposal to put Syria’s chemical weapons stockpile under international control has changed the calculus on President Obama’s intention to take military action against the...
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thinkstockThe Belarusian Potash Company (BPC) lives again. Ever since Russian potash producer Uralkali pulled out of the trading company in late July, its sole partner, Belaruskali, has been fighting...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.8 million barrels last week,...
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thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 58 billion cubic feet last week, compared with an expected build of about 53 billion...
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ThinkstockSince late June, copper prices have been trending upward, from a low of around $3.00 a pound to around $3.30 on Tuesday. Production is estimated to be 167,000 metric tons (tonnes) above...
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ThinkstockIndependent oil and gas exploration and production company Apache Corp. (NYSE: APA) announced after markets closed on Thursday that it had launched a global strategic partnership with a...
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thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 67 billion cubic feet last week, compared with an expected build of about 64 billion...
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