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.
How Cushing Inventories Could Affect Crude Oil Prices in 2017
Market surveys suggest that Cushing crude oil inventories rose between December 16 and December 23, 2016.
Donald Trump’s victory over Hillary Clinton marked the triumph of aggressive growth strategies and deregulation.
Zoetis Class A Common Stock rose ~2.1% despite weakness in the sector. Universal Health Services was the bottom performer in the healthcare sector.
How Overall Economic Climate Affects Silver
The economic performance of the overall world market has a considerable impact on precious metals, especially gold and silver.
Precious metals are known to perform better in a volatile atmosphere.
Silver has performed slightly better than gold and platinum on a year-to-date basis.
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.