OPEC Basket Price for August 11 down $1.47 at $75.40
Houston, TX August 12, 2010
- The price of the OPEC basket of thirteen crudes stood at $75.40 per barrel on Wednesday, down $1.47 from Tuesday, August 10, according to OPEC Secretariat calculations. The basket of...
NYMEX Oil Complex Sharply Lower on Global Economic Recovery Concerns
Houston, TX August 11, 2010 3:49 PM ET
- The NYMEX September crude, RBOB gasoline and heating oil contracts ended the day well below yesterday's settles. We are attributing the lower prices to further long...
NYMEX Oil Complex Remains Pressured after EIA Inventory Report
Houston, TX August 11, 2010 11:15 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are all well into negative territory at midday after the EIA inventory report failed to give the bulls...
NYMEX Oil Complex Lower as Markets React to Pessimistic Fed Statement
Houston, TX August 11, 2010 8:08 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are expected to open below Tuesday's settles. We attribute the anticipated lower opening to a negative...
IEA Slightly Increases 2010, 2011 Demand Forecast
Paris, France August 11, 2010 7:40 AM ET
- The International Energy Agency Wednesday raised its world oil demand forecast for 2010 and 2011 slightly, attributing the revision to stronger GDP assumptions and baseline...
OPEC Basket Price for August 10 down $1.41 at $76.87
Houston, TX August 11, 2010 7:20 AM ET
- The price of the OPEC basket of thirteen crudes stood at $76.87 per barrel on Tuesday, down $1.41 from Monday, August 9, according to OPEC Secretariat calculations. The...
NYMEX Oil Complex Lower on Long Liquidation after Weak Economic News
Houston, TX August 10, 2010 3:08 PM ET
- The NYMEX September crude, RBOB gasoline and heating oil contracts ended the day well below yesterday's settles. We are attributing the lower prices to long liquidation...
Farmer Mac Reports Second Quarter 2010 Results
Washington, DC August 10, 2010 2:20 PM ET
- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM; AGM.A) reported second quarter core earnings of $5.3 million ($0.50 per diluted common share) and GAAP...
NYMEX Oil Complex Remains Weak on Poor Economic News
Houston, TX August 10, 2010 10:59 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are all well into negative territory at midday as many market participants have reacted to poor...
NYMEX Oil Complex Lower on Possible Global, China Economic Slowdown
Houston, TX August 10, 2010 8:18 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are expected to open below Monday's settles. The lower opening is attributable to renewed concerns that...
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