Tag Archives: New York Mercantile

Natural Gas stockpiles rise by more than expected

Posted on September 8, 2011 by Cameron White

According to a report released by the Energy Department’s Energy Information Administration natural gas supplies increased by more than analysts expected during the week that ended September 2nd.

The government agency announced that natural gas held in underground storage in …

Posted in Commodities, Main Post | Tagged agency, Analysts, Atmos Energy, ATO, Crosstex Energy, cubic feet, Delta Natural Gas, DGAS, Energy Department, Energy Information Administration, futures, gas utility, government, NASDAQ:DGAS, NASDAQ:XTXI, Natural Gas, New York Mercantile, NYSE:ATO, report, sector, stockpiles, supplies, underground storage, XTXI | Comments Off

Oil hit $89 a barrel on supply concerns

Posted on September 7, 2011 by Josie Middleton

Oil is up by more than $3 a barrel today on expectations that the storms in the Gulf of Mexico will slow down oil production in that region.

Commodity traders and analysts believe that the U.S. will see stockpiles drop …

Posted in Commodities, Main Post | Tagged Analysts, barrel, Bureau of Ocean Energy, Chevron, commodity, CVX, cyclone, expectations, Gulf of Mexico, Libya, management, MUR, Murphy Oil, Natural Gas, New York Mercantile, NYSE:CVX, NYSE:MUR, NYSE:SU, Oil, oil and gas, production, report, sector, slowdown, stockpiles, storms, SU, Suncor Energy, traders, trading, Tropical Storm Lee, weather, WTI crude | Comments Off

Oil sinks on raised recession fears

Posted on September 2, 2011 by Josie Middleton

The price of oil has dropped more than 2.5 percent during trading so far this Friday following a report released by the Labor Department that triggered more fears that the economy is heading towards another recession. The report showed that …

Posted in Commodities, Main Post | Tagged Analysts, august, barrel, data, demand, economy, Europe, exchange, investments, investors, Job, Labor Department, Marathon Oil, markets, MRO, New York Mercantile, NYSE:MRO, NYSE:PBR, NYSE:SU, Oil, oil and gas, oil futures, optimism, PBR, percentage losers, Petroleo Brasileiro, recession, sector, selloff, slowdown, SU, Suncor Energy, traders, trading, tumble, U.S., unemployment, workers | Comments Off

Oil prices rise as supplies drop

Posted on August 17, 2011 by Martin Timble

An unexpected large drop in gasoline supplies on wednesday as well as a drop in the value of the U.S. dollar lead to a rise in oil prices as traders rushed to crude oil futures.

According to a report …

Posted in Commodities, Main Post | Tagged analyst, barrels, Chevron, crude, CVX, demand, dollar, Energy Information Administration, exchange, experts, Exxon Mobil, gasoline, International Energy Agency, Libyan, New York Mercantile, NYSE:CVX, NYSE:PBR, NYSE:XOM, PBR, Petroleo Brasileiro, refineries, supplies, supply, traders, value, WTI crude, XOM | Comments Off

Gold drops as market end whipsaw week on a high

Posted on August 12, 2011 by Josie Middleton

Gold fell for its second straight day on friday after a report was released by the government that showed retail sales in the U.S. had increased by its largest amount in over four months. The report said that retail sales …

Posted in Commodities, Latest Headlines | Tagged AA, AAA, bailed out, credit rating, debt problems, Dow Jones, downgrade, economy, Gold, Greece, investors, Ireland, Italy, New York Mercantile, ounce, portugal, recession, retail sales, Spain, Standard and Poor, trading | Comments Off

Natural Gas levels rise by less than expected

Posted on August 11, 2011 by Cameron White

According to a weekly report released by The Energy Department Information Administration, Natural gas supplies held in underground storage grew by 25 billion cubic feet to 2.783 trillion cubic feet by the end of last week.

Analysts had anticipated that …

Posted in Commodities, Main Post | Tagged Analysts, cubic feet, Energy Department, Information administration, inventory, Natural Gas, New York Mercantile, supplies, underground storage | Comments Off

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