Gold climbs to $1200/oz for first time since June - Bloomberg Feb 8, 2016 02:01PM

Gold climbs to $1200/oz for first time since June - Bloomberg

Are Gold Speculators Betting on 'One and Done'? Feb 8, 2016 01:45PM

Amid carnage in most markets, traders have found a safe haven again in Gold. Gold mining companies and the underlying commodity have been sharply outperforming the broader market as the recession drumbeat grows louder and worries about global banks and credit markets reemerge.

As an example, SPDR Gold Shares (NYSE: GLD), the flagship ETF that tracks gold bullion, is up nearly 13% year-to-date.

The move in gold is somewhat counter-intuitive - in a raising rate environment... (continue reading...)

Oil falls with glut in focus after hopes for producer deal fade Feb 7, 2016 08:44PM

By Devika Krishna Kumar

NEW YORK (Reuters) - Oil prices were down 2 percent on Monday as supply overhang concerns grew after a Saudi-Venezuela meeting at the weekend showed few signs of coordination to boost prices.

No tangible signs emerged from a meeting on Sunday between Saudi Arabia's oil minister Ali al-Naimi and his Venezuelan counterpart that OPEC and non-OPEC suppliers were ready to meet to discuss the price slump.

... (continue reading...)

Baker Hughes Total U.S. Rig Count -48 to 571, Oil Rigs -31 Feb 5, 2016 01:09PM
  • Baker Hughes Total U.S. Rig Count -48 to 571, Oil Rigs -31
Rotary Rig Count 2/5/2016 LocationWeek+/-WeekAgo+/-YearAgo Land543-47590-8541397 Inland Waters211-79 Offshore26-228-2450 United States Total571-48619-8851456 Gulf Of Mexico26-228-2248 Canada24211231-139381 North America813-37850-10241837 U.S. Breakout InformationThis Week+/-Last Week+/-Year Ago ... (continue reading...)
Change in Nonfarm Payrolls 151K vs 190K Expected; UE Rate 4.9% vs 5% Expected Feb 5, 2016 08:30AM

Change in Nonfarm Payrolls 151K vs 190K Expected; UE Rate 4.9% vs 5% Expected

UPDATE - The Bureau of Labor Statistics provided the following on Friday:

Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined... (continue reading...)

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Feb 4, 2016 07:38PM Oil falls in volatile trade ahead of key oil producer meeting
Feb 4, 2016 03:30PM Obama to seek new tax on oil in budget proposal
Feb 4, 2016 03:22PM President Obama's 21st Century Clean Transportation System; Proposes New $10/Barrel Fee on Oil Paid by Oil Companies
Feb 4, 2016 10:30AM UPDATE: Natural Gas Inventory -152 bcf vs -159 bcf Expected
Feb 4, 2016 09:57AM Fed's Kaplan: energy situation may get worse before getting better
Feb 4, 2016 08:42AM Oil, grains markets reverse earlier gains, as metals rise
Feb 3, 2016 07:48PM Oil falls in volatile trade amid weak dollar, producer meet uncertainty
Feb 3, 2016 03:08PM Six OPEC and Non-OPEC Producers Agree to Emergency Meeting - SHANA
Feb 3, 2016 10:32AM UPDATE: Crude Inventory +7.79M Barrels vs +3.75M Expected
Feb 2, 2016 07:42PM Oil jumps 8 percent as dollar tumbles after U.S. data
Feb 2, 2016 10:24AM No decision yet on OPEC, non-OPEC meeting, some in OPEC skeptical: delegates
Feb 1, 2016 07:24PM Oil sinks for second day on fading hopes of output deal, weather
Feb 1, 2016 01:46PM Monthly coal use for U.S. power fell to 35-year low in November: EIA
Feb 1, 2016 09:51AM Persian Gulf Arab States Don't Back Emergency OPEC Meeting - WSJ
Feb 1, 2016 07:08AM No decision yet on any OPEC, non-OPEC meeting: sources
Jan 31, 2016 07:57PM Oil drops 6 percent on China data, slim chances of OPEC deal
Jan 29, 2016 01:04PM UPDATE: Baker Hughes Total U.S. Rig Count -18 to 619, Oil Rigs -12
Jan 29, 2016 08:08AM Oil to average just over $40 in 2016, biggest cut to forecasts in a year: poll
Jan 28, 2016 07:00PM Oil rises, pares losses in January on hopes for production deal
Jan 28, 2016 10:31AM UPDATE: Natural Gas Inventory -211 bcf vs -210 bcf Expected
Jan 28, 2016 10:27AM Saudi has no proposal to cut output 5%: OPEC gulf delegate - Bloomberg
Jan 28, 2016 09:42AM OPEC Delegates Say No Plan Yet for Meeting with Russia - Bloomberg
Jan 28, 2016 09:36AM Iran Seen as Challenge to Any Deal to Cut Oil Output - Reuters
Jan 28, 2016 09:34AM Within OPEC, Iran is a challenge to any deal on oil cuts: sources
Jan 28, 2016 09:17AM UPDATE: Russia's Novak Says OPEC Meeting May Discuss 5% Output Cut - Bloomberg, Citing RIA
Jan 27, 2016 07:19PM Oil up 3 percent on possible production cuts to remedy glut
Jan 27, 2016 10:32AM Crude Inventory +8.4M Barrels vs +4.3M Expected
Jan 27, 2016 08:42AM OPEC-led attempt for oil-cut deal under way, prospects slim
Jan 26, 2016 06:38PM Oil jumps after Russia dangles prospect of OPEC cooperation
Jan 26, 2016 04:39PM Crude Oil Drops After API Data Shows Huge Increase
Jan 26, 2016 04:37PM API Crude Inventory Increases 11.4M Barrels
Jan 26, 2016 12:44PM Gold Miner Stocks Rally on Commodity Strength (GDX)
Jan 25, 2016 07:23PM Oil surges on hopes for output cuts to trim glut
Jan 25, 2016 03:46PM Gold, Miners Move to Highs
Jan 25, 2016 02:56PM OPEC, Russia talk of oil teamwork, but Saudi talks of investment
Jan 25, 2016 07:52AM Qatar Says Request for OPEC Emergency Meeting Being Evaluated - Bloomberg
Jan 24, 2016 07:49PM U.S. crude drops back below $30 as Iraq adds record output
Jan 22, 2016 01:35PM Oil Priced in Gold Near 150 Year Lows
Jan 22, 2016 01:04PM UPDATE: Baker Hughes Total U.S. Rig Count -13 to 637, Oil Rigs -5
Jan 22, 2016 09:35AM Carrizo Oil & Gas (CRZO) Looks to Continue Higher Amid Oil Rebound
Jan 21, 2016 08:07PM Oil rips 10 percent higher as bears race to cash in on crash
Jan 21, 2016 12:31PM Oil options show not everyone buys 'lower for longer'
Jan 21, 2016 11:01AM Crude Inventory 3.98M Barrels vs 2.68M Expected
Jan 21, 2016 10:31AM UPDATE: Natural Gas Inventory -178 bcf vs -181 bcf Expected
Jan 20, 2016 07:32PM Oil rebounds from 12-year low as equities rally, shorts cover
Jan 20, 2016 04:37PM API Crude Inventory Increases 4.6M Barrels
Jan 19, 2016 08:40PM Oil plumbs new lows below $27 as oversupply woes persist
Jan 18, 2016 08:16PM Oil pares most gains after warning market could 'drown in oversupply'
Jan 15, 2016 01:04PM UPDATE: Baker Hughes Total U.S. Rig Count -14 to 650, Oil Rigs -1
Jan 15, 2016 10:36AM Wells Fargo CFO says he can imagine oil price not improving - Bloomberg
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