Orange Juice Continues to Trade Lower This Week
Frozen concentrated orange juice (or FCOJ-A) futures this week were trading broadly lower compared to the levels a week ago.
Prices for No. 2 cotton currently trading on the ICE (Intercontinental Exchange) are trading significantly lower than last week’s average.
As of July 11, 2017, cocoa futures trading in the United States and London were lower than the levels a week ago.
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.
The Sweet Spot on the Seesaw
Moving away from cash in either direction on the seesaw increases return. On the rate-sensitive side, moving away from the center increases duration—a measure of interest-rate risk—but investors are compensated with higher yields.
India and China remain the top two consumers of gold (IAU) and silver (SLV).
A rise in US Treasury yields causes a slump in precious metals because these metals bear no intermediary cash flows, and investors prefer yield-bearing assets.
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.