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Commodity Rollovers

9 hours ago ago from Austinp\'s Blog

One of the first thoughts every trader has when looking at commodity futures contracts such as gold, crude oil or grains would be exactly which month to trade. That's a natural question to ask considering how important the front-month contract is for trading emini index markets. Whatever the current front-month emini contract is would be the one with practically all volume and open interest. But commodity futures markets aren't quite ...

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Reasons For Rising Prices In Heating Oil

5 hours ago ago from Swurching The Latest Happenings

Crude oil or petroleum must be refined in order to produce heating oil. Of the heating oil that is used worldwide the majority of it is used by residences. It is still a hugely popular form of home heating despite natural gas being one of the most widely used fuels in the world. Heating oil prices depend largely on the supply and demand just like with other fuels such as natural gas. Global oil trends also affect how much heating oil ...

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Investing in Commodities

17 hours ago ago from internerding.com

Investing in commodities may be a good idea if you are bearish on the dollar or think demand will increase for a specific commodity. This allows an investor to make money as the price of commodities goes up over time. However what is a commodity ? A commodity is something that has a demand, usually has a limited supply and is sold through multiple different companies. So, gold, water, corn, and livestock would all be considered ...

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Oil Prices Hangs Below $74 in Asia

12 hours ago ago from A Pakistan News

SINGAPORE: Oil prices hung below $74 a barrel Tuesday in Asia as traders anticipated OPEC will leave crude production levels unchanged at the group's meeting later in the day. Benchmark crude for February delivery was up 4 cents to $73.76 at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 70 cents to settle at $73.72 on Monday. The January contract, which expired Monday, closed down ...

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Raul Elizalde at Path Financial - Financial Markets Update 12/20/09 by Market update

16 hours ago ago from Market update

Market update December 22, 2009 Raul Elizalde at Path Financial - Financial Markets Update 12/20/09 by Market update @ December 22, 2009 (Category: Default) Author: pathfinancial Keywords: stock market emerging markets financial markets stock research equity research investment research investment analysis investment ideas financial advisor investment advisor stocks markets Added: December 21, 2009 ...

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Oil continues to hover in the $73 range

10 hours ago ago from CNN Money

TRADING CENTER Oil continues to hover in the $73 range December 22, 2009: 6:35 AM ET LONDON (Reuters) -- Oil slipped towards $73 per barrel on Tuesday after OPEC agreed to roll over its production targets and ahead of data expected to show a fall in crude and distillate inventories in the United States. OPEC oil ministers, content with crude prices, agreed to ...

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OPEC Seeks Better Quota Compliance After Deal - FOXBusiness.com

8 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Energy Tuesday, December 22, 2009 OPEC Seeks Better Quota Compliance After Deal   Reuters   LUANDA,--OPEC oil producers agreed on Tuesday to ...

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OPEC's Ministers Keep Oil Output Unchanged

5 hours ago ago from BloggingStocks

OPEC oil ministers agreed to keep production unchanged . Saudi Arabia has made it clear that it does not want oil prices to fluctuate too much, fearing that it would stunt the fragile recovery of world economic growth. They want to keep prices in the $70 to $80 per barrel range. The key problem for OPEC is adherence to output quotas. At present, member adherence is about 60%. Oil demand is on the weak side. Edward Meir of MF Global said: ...

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Oil steady near $73

6 hours ago ago from CNN Money

TRADING CENTER Oil steady near $73 By Blake Ellis, contributing writer December 22, 2009: 12:09 PM ET NEW YORK (CNNMoney.com) -- Oil prices continued to hang near $73 a barrel on Tuesday after the government released its final revision of third-quarter GDP and OPEC left oil output targets unchanged. Crude oil for February delivery fell 33 cents, or 0.5%, to $73.39 ...

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