Commodities & Metals
Commodities & Metals Articles
ThinkstockA year ago, corn sold for around $8.30 a bushel. Last Friday it closed at $4.65 a bushel and is trading down about 5% this morning at around $4.63 a bushel. And the trouble for farmers...
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ThinkstockThe U.S. Commodities Futures Trading Commission (CFTC) has subpoenaed documents and other communications and records going back to 2010 from a metals warehousing firm. Reuters reports...
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ThinkstockJames River Coal Co. (NASDAQ: JRCC) reported second-quarter 2013 results before markets opened this morning. The coal miner’s diluted earnings per share (EPS) of $1.16 on revenues of...
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ThinkstockThe International Energy Agency (IEA) today lowered its oil demand growth forecast from 930,000 barrels a day in 2013 to 900,000 barrels a day and cut demand growth for 2014 from its...
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ThinkstockMolycorp Inc. (NYSE: MCP) reported second-quarter 2013 results after markets closed today. The rare earths miner posted an adjusted diluted loss of $0.36 per share on revenues of $136.9...
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thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 96 billion cubic feet last week, compared with an expected build of between 74...
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ThinkstockConocoPhillips (NYSE: COP) plans to shed about $13.5 billion in what the company calls non-strategic assets during 2013. It got $750 million closer today. Conoco has sold all of its lease...
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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 1.3 million barrels last week,...
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ThinkstockFor the second time in as many weeks, key commodities companies have been slapped with lawsuits alleging that the two banks boosted aluminum prices by manipulating warehouse stockpiles....
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ThinkstockSandRidge Energy Inc. (NYSE: SD) reported second-quarter 2013 results before markets opened this morning. The independent oil and gas company posted adjusted diluted earnings per share...
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ThinkstockThe U.S. Environmental Protection Agency (EPA) today issued a final rule for the amount of renewable fuels to be added to the nation’s transportation fuel supply in 2013. Oil refiners,...
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ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude...
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ThinkstockArcher Daniels Midland Co. (NYSE: ADM) reported second-quarter 2013 earnings this morning. The agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.46 on revenues of...
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ThinkstockIndependent oil & gas exploration & production company Athlon Energy Inc. (NYSE: ATHL) sold approximately 15.8 million shares this morning at $20 a share in an initial public...
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courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported second-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per share (EPS) of $2.77...
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