Report on U.S. ethanol production, usage, and stocks for the week ending March 17, 2023.
April Nymex natural gas (NGJ23 ) on Wednesday closed down -0.177 (-1.54%). Apr nat-gas Wednesday sold off sharply on larger-than-normal U.S. nat-gas inventories and high production levels. U.S. nat-gas...
May WTI crude oil (CLK23 ) on Wednesday closed up +1.23 (+1.77%), and May RBOB gasoline (RBJ23 ) closed up +5.37 (+2.14%). Crude oil and gasoline prices Wednesday settled moderately higher. Dollar weakness...
May WTI crude oil (CLK23 ) this morning is up +0.58 (+0.83%), and May RBOB gasoline (RBJ23 ) is up +4.47 (+1.78%). April Nymex natural gas (NGJ23 ) is down -0.113 (-4.81%). Crude oil and gasoline prices...
The downtrend may be expected to continue, while market is trading below resistance level 69,83, which will be followed by reaching support level 67 – 65,79
Treasury Secretary Janet Yellen said yesterday in remarks before the American Bankers Association that, "The dollars status of the reserve currency should be cherished and should not be jeopardized.”...
Yesterday we suggested an Upside Day and the markets didn't disappoint. What will we see today?
May WTI crude oil (CLK23 ) on Tuesday closed up +1.85 (+2.73%), and May RBOB gasoline (RBJ23 ) closed up +0.95 (+0.38%). Crude oil and gasoline prices Tuesday closed moderately higher. Crude prices...
April Nymex natural gas (NGJ23 ) on Tuesday closed up +0.125 (+5.62%). Apr nat-gas prices Tuesday rebounded from a 1-month low and closed sharply higher after updated weather forecasts put colder temperatures...
Economic worries began impacting Crude Oil when...