Natural Gas Edges Lower on Warmer Weather Forecasts (UNG) Nov 21, 2014 02:10PM

Yesterday natural gas futures and ETFs like United States Natural Gas (NYSE: UNG) advanced after the EIA released inventory data that showed a larger than expected draw of 17 bcf (vs 12 bcf expected). However, futures pared recent gains Friday as forecasters called for warmer weather. Despite the thaw, average temperatures could soon return to historical averages.

Commenting on the trend in New England, Genscape analyst Rick Margolin said, "The warmup will provide a... (continue reading...)


Large Cut from OPEC Would Be 'Self-Negating', Says Goldman Sachs Nov 21, 2014 11:05AM

OPEC is expected to announce a modest production cut when it meets on November 27, said Goldman Sachs Commodities Research analyst Damien Courvalin. The report said a large cut would support prices but would also be self-negating in 2015.

"As we have discussed, we believe it is in OPEC’s interest to share the burden of balancing the oil market surplus with US shale oil production. This can only be achieved by reducing output at a modest pace at first to allow for low... (continue reading...)


Don't Bet Against the Swiss National Bank, Says Natixis (GLD) Nov 20, 2014 03:44PM

Natixis analysts Bernard Dahdah and Johannes Gareis warned investors not to be bet against the Swiss National Bank. Comments related to a November 30 referendum that would have the SNB raise gold assets to 20% (8% currently). The initiative would also require gold to be stored on Swiss soil. Yesterday a poll showed the initiative is unlikely to be successful.

"In our view, the likelihood of a 'yes' vote seems to be low," said Dahdah. ". . . . even a positive outcome of... (continue reading...)


Natural Gas Inventory -17 bcf vs -12 bcf Expected Nov 20, 2014 10:30AM

Natural Gas Inventory -17 bcf vs -12 bcf Expected

Traders are watching futures and ETFs like United States Natural Gas (NYSE: UNG).


UPDATE: Fed Officials Saw Need to Watch for Inflation Expectations to Drop - FOMC Minutes Nov 19, 2014 02:02PM

(Updated - November 19, 2014 2:02 PM EST)

Fed officials saw need to watch for inflation expectations to drop. Many saw limited impact from global slowdown.

UPDATE - The FOMC Minutes are below:

A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, October 28, 2014, at 1:00 p.m. and continued on Wednesday, October 29, 2014, at 9:00 a.m.

PRESENT:Janet L. Yellen,... (continue reading...)


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Nov 19, 2014 02:02PM UPDATE: Fed Officials Saw Need to Watch for Inflation Expectations to Drop - FOMC Minutes
Nov 19, 2014 11:17AM UPDATE: Poll Shows 38% Yes, 47% No in Swiss Gold Vote
Nov 19, 2014 11:17AM UPDATE: Poll Shows 38% Yes, 47% No in Swiss Gold Vote
Nov 19, 2014 11:02AM UPDATE: Gold Plummets Mid-Day
Nov 19, 2014 11:02AM UPDATE: Gold Plummets Mid-Day
Nov 19, 2014 10:32AM UPDATE: Crude Inventory 2.6M Barrels vs -873K Expected
Nov 19, 2014 10:32AM UPDATE: Crude Inventory 2.6M Barrels vs -873K Expected
Nov 14, 2014 10:34AM Nat Gas Stockpiles Rose 40 bcf Last Week, Outpacing Views (UNG)
Nov 14, 2014 10:13AM Gold Names Active Following Economic Data (GLD) (GG) (ABX) (IAU)
Nov 13, 2014 02:02PM SPDR Gold Trust (GLD) Turns Negative
Nov 13, 2014 11:03AM UPDATE: Crude Inventory -1.735M Barrels vs 680K Expected (OIL) (USO) (UCO)
Nov 13, 2014 11:03AM UPDATE: Crude Inventory -1.735M Barrels vs 680K Expected (OIL) (USO) (UCO)
Nov 12, 2014 02:35PM Brent crude falls below $80/bbl for first time since Sept. 2010
Nov 11, 2014 01:03PM Is an Energy Sector Bottom In?
Nov 11, 2014 11:44AM Gold Stocks, ETFs See Upside as the Metal Slips Lower (GLD) (KGC) (IAU)
Nov 10, 2014 01:46PM Russia Central Bank seen increasing gold buying - Reuters
Nov 10, 2014 12:10PM Agriculture, Seed Stocks Active; USDA Cuts 2014 Corn Crop Outlook on Lower Yields (AGU)
Nov 10, 2014 09:07AM Uranium Spot Prices Could Rise Above $50/lb in 12 Months, Says H.C. Wainwright (URZ) (UEC) (URG)
Nov 6, 2014 10:30AM Natural Gas Inventory 91 bcf vs 85 bcf Expected
Nov 5, 2014 01:30PM UPDATE: Crude Sees a Bid on Reports of Saudi Arabia Pipeline Explosion
Nov 5, 2014 11:54AM Saudi Aramco can't confirm pipeline blast rumors - WSJ (USO) (OIL)
Nov 5, 2014 01:30PM UPDATE: Crude Sees a Bid on Reports of Saudi Arabia Pipeline Explosion
Nov 5, 2014 10:33AM UPDATE: Crude Inventory 460K Barrels vs 1.96M Expected
Nov 5, 2014 10:33AM UPDATE: Crude Inventory 460K Barrels vs 1.96M Expected
Nov 3, 2014 02:35PM WTI Crude Settles Below $80/Barrel for First Time Since June 2012 (OIL) (USO)
Nov 3, 2014 01:03PM Saudi Aramco Increases December Crude Prices to Asia (OIL) (USO) (FXI) (EWJ)
Nov 3, 2014 01:03PM Saudi Aramco Increases December Crude Prices to Asia (OIL) (USO) (FXI) (EWJ)
Nov 3, 2014 12:57PM Saudi Arabia Raises December Crude Prices to Asia - Bloomberg
Oct 31, 2014 11:46AM U.S. gasoline prices to fall below $3/gallon for first time since 2010 - Bloomberg (OIL) (USO)
Oct 30, 2014 01:12PM Gold to Trade in Narrow Range, Says Goldcorp (GG) CEO
Oct 30, 2014 10:30AM Natural Gas Inventory 87 bcf vs 84 bcf Expected
Oct 29, 2014 02:01PM Fed Ends Third Round of QE as Planned; Sees 'Solid Job Gains' with Lower Unemployment
Oct 29, 2014 02:01PM Fed Ends Third Round of QE as Planned; Sees 'Solid Job Gains' with Lower Unemployment
Oct 29, 2014 10:32AM UPDATE: Crude Inventory 2M Barrels vs 3.13M Expected
Oct 29, 2014 10:32AM UPDATE: Crude Inventory 2M Barrels vs 3.13M Expected
Oct 27, 2014 11:38AM Goldman Sachs Lowers Price Targets on Ethylene Producers (DOW) (WLK) (LYB)
Oct 27, 2014 10:02AM Goldman Sachs Puts a Dagger in Oil's Heart and America Quietly Cheers
Oct 27, 2014 07:09AM Goldman Sachs Cuts Oil Services from Attractive to Cautious (HAL) (PTEN) (DO) (more...)
Oct 23, 2014 10:30AM Natural Gas Inventory 94 bcf vs 98 bcf Expected
Oct 22, 2014 10:33AM UPDATE: Crude Inventory 7.1M Barrels vs 2.8M Expected
Oct 22, 2014 10:33AM UPDATE: Crude Inventory 7.1M Barrels vs 2.8M Expected
Oct 21, 2014 11:13AM Prince Al-Waleed bin Talal Talks Oil Prices, Stocks and ISIS on FBN
Oct 21, 2014 06:53AM Jefferies Cuts 2015 Brent Forecast to $90/bbl
Oct 20, 2014 04:58PM Maria Bartiromo to Interview Prince Al-Waleed bin Talal Tuesday, October 21st
Oct 16, 2014 01:13PM WTI, Brent Hit Session Highs (USO)
Oct 16, 2014 11:03AM UPDATE: Crude Inventory Grows 8.9M Barrels vs 2.3M Expected
Oct 16, 2014 11:03AM UPDATE: Crude Inventory Grows 8.9M Barrels vs 2.3M Expected
Oct 16, 2014 10:30AM Natural Gas Inventory 94 bcf vs 90 bcf Expected
Oct 16, 2014 07:11AM WTI crude falls below $80 for first time since June 2012 (OIL) (USO)
Oct 15, 2014 02:02PM Most Regional Fed Banks Saw Modest or Moderate Economic Growth - Beige Book
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