More jawboning from OPEC and misleading headlines from major news sources sent crude oil surging higher during the mid-day trade but have since faded ahead of todays inventory report. This is what we are looking at for the back half of the week. (full story)
Phil Flynn - The PRICE Futures Group - Wed Aug 24, 7:50AM CDT
Dave Tolleris meteorologist at WxRisk.com said that next week we will have a storm that everyone might be talking about. While the Atlantic is a hot bed of tropical activity, Mr. Tolleris is very concerned about the development of Invest 99-L that may developing into a tropical... (full story)
Nathalie Huynh - DailyFX - Tue Aug 23, 10:21PM CDT
Crude oil prices are torn between conflicting cues ahead of next month’s OPEC meeting as markets weigh the likelihood of a cartel-wide deal to boost prices.
Crude oil prices torn in opposite directions by Iran, Iraq news-flow
Gold prices hold range... (full story)