Saudi Energy Minister Al-Falih said does not believe any significant intervention in the market is necessary - Reuters Aug 25, 2016 01:39PM

Saudi Energy Minister Al-Falih said does not believe any significant intervention in the market is necessary - Reuters


UPDATE: Natural Gas Inventory +11 bcf vs +17 bcf Expected Aug 25, 2016 10:32AM (Updated - August 25, 2016 10:32 AM EDT)
  • Natural Gas Inventory +11 bcf vs +17 bcf Expected

Working gas in storage was 3,350 Bcf as of Friday, August 19, 2016, according to EIA estimates. This represents a net increase of 11 Bcf from the previous week. Stocks were 275 Bcf higher than last year at this time and 350 Bcf above the five-year average of 3,000 Bcf. At 3,350 Bcf, total working gas is above the five-year historical range.

Stocksbillion cubic feet (Bcf) Year... (continue reading...)
Oil up on U.S.-Iran scare, dollar; Saudi output stance cuts gains Aug 24, 2016 09:55PM

By Barani Krishnan

NEW YORK (Reuters) - Oil prices rose 1 percent on Thursday on U.S.-Iran military tensions in the Gulf and speculation the dollar will fall on a monetary policy speech due from the U.S. Federal Reserve chair.

The market, however, gave back some gains after an interview by Saudi Arabia's energy minister with Reuters raised fresh doubts about a potential OPEC output freeze.

Crude futures rallied toward the close... (continue reading...)


EIA Crude Inventory Data Shows Build of 2.5M Barrels Aug 24, 2016 10:32AM

(Updated - August 24, 2016 10:32 AM EDT)

  • Crude Inventory +2.5M Barrels vs -495K Expected
  • Gasoline Inventory +36K vs -1.3M Expected

U.S. crude oil refinery inputs averaged 16.7 million barrels per day during the week ending August 19, 2016, 186,000 barrels per day less than the previous week’s average. Refineries operated at 92.5% of their operable capacity last week. Gasoline production decreased last week, averaging over 10.0 million barrels per day. Distillate fuel... (continue reading...)


Gold Falls Ahead of Jackson Hole Aug 24, 2016 09:29AM

Gold is weaker as the dollar edges higher ahead Janet Yellen's Jackson Hole speech on Friday. Some expect Yellen to issue slightly-more hawkish comments on rates.

Related ETFs:

  • SPDR Gold Trust (NYSE: GLD)
  • Market Vectors Gold Miners ETF (NYSE: GDX)
  • Direxion Daily Gold Miners Bull 3x Shares (NYSE: NUGT)
  • iShares Gold Trust (NYSE: IAU)

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Aug 23, 2016 09:20PM U.S. crude down 3 percent after big stockpile build
Aug 23, 2016 04:37PM UPDATE: API Crude Inventory Increases 4.5M Barrels
Aug 23, 2016 11:08AM Tropical Storm Gaston to become a Hurricane later Tuesday: NHC
Aug 23, 2016 11:00AM Iran Said to Signal Willingness to Support Joint Action on Oil - Reuters
Aug 22, 2016 08:44PM Oil up on Iran talk; stockpile build cited by API surprises
Aug 21, 2016 08:40PM Oil down 3 percent as rally snaps on rising crude, China fuel exports
Aug 19, 2016 01:05PM UPDATE: Baker Hughes Total U.S. Rig Count +10 to 491
Aug 18, 2016 10:31AM UPDATE: Natural Gas Inventory +22 bcf vs +27 bcf Expected
Aug 18, 2016 07:02AM Wal-mart (WMT) Tops Q2 EPS by 5c; Boosts FY16 EPS Outlook
Aug 17, 2016 09:07PM Oil traders rush to secure vessels as U.S.-Europe export arb opens
Aug 17, 2016 02:01PM Fed Officials Split in July on Whether Rate Hike Needed Soon - Minutes
Aug 17, 2016 10:32AM UPDATE: EIA Crude Inventory Data Shows Surprise 2.5M Barrel Draw
Aug 16, 2016 04:36PM UPDATE: API Crude Inventory -1M Barrels
Aug 12, 2016 01:08PM Baker Hughes Data Shows Jump in Oil Rig Count
Aug 12, 2016 01:00PM Baker Hughes Total U.S. Rig Count +17 to 481 (464 Prior)
Aug 12, 2016 12:50PM Gold Falls to Session Lows
Aug 12, 2016 12:10PM UPDATE: USDA Sees 2016 - 17 Corn Output at Record, Expects to Beat Estimates (DE) (AGU)
Aug 12, 2016 09:36AM OPEC/Non-OPEC Talks 'Going on Quietly' - Bloomberg, Citing Nigeria Oil Minister
Aug 11, 2016 08:56PM Oil extends rally to five-week highs on talk of producer action
Aug 11, 2016 10:31AM UPDATE: Natural Gas Inventory +29 bcf vs +23 bcf Expected
Aug 10, 2016 08:50PM Oil up 4 percent as Saudis mull meeting, tighter market forecast
Aug 10, 2016 10:31AM Crude Inventory +1.1M Barrels vs -1.34M Expected
Aug 9, 2016 08:46PM Oil ends down 2 percent as U.S. crude build offsets gasoline draw
Aug 9, 2016 04:37PM UPDATE: API Crude Inventory 2.1M Barrels
Aug 8, 2016 08:53PM Oil down 1 percent on glut worry, API cites surprise U.S. crude build
Aug 8, 2016 02:00PM Venezuela Seeks OPEC and Non-OPEC Producers Meeting - Bloomberg, Citing Del Pino
Aug 5, 2016 01:04PM UPDATE: Baker Hughes Total U.S. Rig Count +1 to 464 (463 Prior)
Aug 5, 2016 11:35AM OPEC Nations Said to Not Be Planning Revival of Freeze Talks - Bloomberg
Aug 5, 2016 08:30AM Change in Nonfarm Payrolls Tops Expectations
Aug 5, 2016 08:19AM OPEC Members May Revive Freeze Talks in September - WSJ
Aug 4, 2016 08:46PM Oil up nearly 3 percent on OPEC output speculation as glut grows
Aug 4, 2016 01:45PM Oil jumps 3 percent as short-covering pushes U.S. crude firmly over $40
Aug 4, 2016 10:31AM UPDATE: Natural Gas Inventory -6 bcf vs -0.5 bcf Expected
Aug 4, 2016 01:04AM As U.S. crude wobbles near $40, new oil rally in doubt
Aug 3, 2016 05:30PM Earl upgraded to hurricane, seen hitting Belize
Aug 3, 2016 10:32AM UPDATE: Crude Inventory 1.4M Barrels vs -1.49M Expected
Aug 2, 2016 08:46PM Oil up 3 percent on big U.S. gasoline draw; WTI back above $40
Aug 2, 2016 04:37PM UPDATE: API Crude Inventory -1.3M Barrels
Aug 1, 2016 10:27PM U.S. crude falls to end below $40/bbl for first time since April
Aug 1, 2016 12:30PM WTI crude falls to $40/bbl for first time since April - Bloomberg
Jul 31, 2016 09:55PM U.S. crude breaks below $40, oil ends down more than 3 percent
Jul 29, 2016 01:06PM UPDATE: Baker Hughes Total U.S. Rig Count +1 to 463
Jul 29, 2016 10:46AM OPEC oil output set to reach record high in July: survey
Jul 29, 2016 10:33AM Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron
Jul 28, 2016 10:05PM Oil ends July with worst monthly loss for WTI in a year
Jul 28, 2016 10:30AM UPDATE: Natural Gas Inventory +17 bcf vs +26 bcf Expected
Jul 27, 2016 09:28PM Oil down 2 percent; July to be worst month in a year for U.S. crude
Jul 27, 2016 12:14PM Marathon's Galveston Bay refinery partially evacuated after butane leak: sources
Jul 27, 2016 10:32AM Weekly Petroleum Data Shows Surprise Build in Crude Inventory
Jul 26, 2016 10:09PM Oil down 3 percent after surprise U.S. crude, gasoline builds
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