Why Did Grains Close Higher on Wednesday?
On Wednesday, Archer-Daniels-Midland (ADM), Bunge (BG), and Monsanto (MON) rose 1.7%, 0.56%, and 0.14%, respectively.
March wheat futures were trading near the crucial support level of $4.70 per bushel on March 10. Wheat prices traded near the month high on the day.
March wheat futures trading on the CBOT rose and closed at $4.63 per bushel on March 9, 2016. Wheat futures prices boosted the wheat export sentiments.
Natural Gas Prices Hit Key Resistance of $2.90 MMBtu
August natural gas futures contracts trading on the NYMEX resumed their rally on Thursday, July 15, 2015.
August natural gas futures contracts increased by 2.71% and closed at $2.91 per MMBtu on Wednesday, July 15, 2015.
WTI crude oil futures contracts for August delivery closed below $52 per barrel for the first time in the last five days on July 15, 2015.
Permania: Why the Permian Is Where the Party’s At
Why is everyone talking about the Permian? The Permian Basin is primarily located in West Texas with a small part spilling into the southeastern corner of New Mexico. This basin measures…
JAN VAN ECK: U.S. equities were affected because corporate earnings turned positive only when energy companies started recovering in the third quarter. In fixed income, high yield improved after investors…
The S&P 500 Energy Select Sector (XOP) (OIH) is trading at the highest PE ratio of ~32x relative to the other sectors based on EPS estimates for 2017.
How Are the Fund Flows to the GLD ETF?
Gold is one of the major contributors to India’s import costs, and India ranks among the top consumers of gold after China.
Silver has seen a five-day trailing loss of 2.6%, while gold and platinum fell 1.7% and 1.9%, respectively.
Despite the hawkishness of the Federal Reserve, futures traders are pricing in less than a 15% chance of a hike at the Fed’s September meeting.
What Do Analysts Recommend for NGL Energy Partners?
62.5% of analysts rate NGL Energy Partners a “buy,” 12.5% rate it as a “hold,” and the remaining 25.0% rate it as a “sell.”
In this series, we’ll look at four American upstream energy companies’ production trends over the last few quarters.
Profitability in the refining industry is determined by the revenues earned by selling finished products minus the cost of crude inputs—until recently, refiners were buying lower priced crudes to produce refined product, which sold at better prices internationally.