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from the announcement by president trump that no new sanctions would be put in place on china, at least for now. speculation on potential tariffs has been a cloud over trading for several weeks. markets were up huge this morning, with gas briefly up over cents and diesel not far behind, and brent crude
up over %. it calmed over the trading day however, and at the close we saw ulsd to $ , gas up to $ and crude settled at $ looking backward, despite closing down on friday, the month of june was up % on concern about iranian-us tensions, chinese tariffs, and the opec/g production discussions. now that...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/g20-summit
ongoing tensions with iran have again made headlines. iran appears to have got the eye, or wallet, the saudis as they have gestured they are unwilling to pick up additional pumping left by removing iranian barrels from the market place. realistically, this means that the kingdom is comfortable with crude
above $ . the trade seemed to cool off as the day moved on with large builds expected across all products in the delayed doe report. additionally, looming concerns over the long term demand continue to be a bearish influence on any price breakouts beyond our current range. at the close, crude fell cents...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/hess
despite the dollar gaining against the world basket, nymex values continued higher all day without any regard. the mild correction seen over the last two weeks appears to be stalled as crude failed to break $ and heat never got below the level. the heat pit looks to be comfortable trading in the to range
. with the bounce tied to an improving economic picture, it will be interesting to see how the markets react to consumer confidence news scheduled to be out tuesday. at the close, crude $ to $ , rbob skyrocketed to $ and heat jumped to $ . read more topics: heat , the market , nymex , futures soar ,...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/ireland-bailout
has arrived when it takes over hours to travel miles on the mass pike. the cold snap and glancing blow of a nor'easter to the new england area had buyers out today. looming out on the horizon is another round of inventory stats that are expected to be a mirror image of the last two weeks, draws in crude
distinguish between holiday exuberance or a real change in sentiment, many out there are pointing to signs of a better economic picture. how that has changed in only two weeks, i have no idea. with the large hovensa refinery attempted to be restarted, this has also attributed to the higher close. crude...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/massachusetts
without any football to watch for the next month, reality got slightly worse as we all tried to commute this morning in snow, sleet and rain. the market reacted strongly early on in the session pushing values up over two cents. as the day progressed, eyes shifted towards this week inventories. while crude
the mixed close suggest otherwise, but we heard that song before. crude closed down to $ , rbob lost to $ and heat rose to $ . read more topics: the market , nymex , alaska pipeline all posts subscribe to email updates recent posts posts by topic crude ( ) opec ( ) eia inventories ( ) nymex ( ) the market...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/alaska-pipeline
futures market bouncing between positive and negative territory for much of the morning session. with durable good orders on the rise in march, some might put another feather in the hat of bulls. but the inability of the pits to stay above some key resistance areas, heat was unable to stay above $ and crude
support current price levels. with many personalities at the atlantic region energy expo the next few days, i wouldn't expect any wild swings in the market. furthermore, speaking with some retail operators over the last few days, gasoline demand appears to still limping along. at the end of the day, crude...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/aree
besides this weekends short term blowout, the nation is well supplied. additionally there was a memo sent by the saudi oil minister confirming the oversupply of product as well as the unsubstantiated value of the current marketplace. look for the remainder of the week to be a wild one. at the close, crude
finished up to $ , heat gained to $ and rbob to $ daily heating oil chart rbob close close change oct nov dec jan feb mar heat close close change oct nov dec jan feb mar read more topics: crude , rbob , qe , basis blowout , saudi oil minister all posts subscribe to email updates recent posts posts by...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/basis-blowout
years of %. again, we weren't starting from a very high number. the range bound action looks to continue for the short week as inventory numbers will be delayed a day. what is surprising is with "top kill" of the leaking well officially dead, we haven't seen a dramatic jump in prices. a few years ago, crude
some economic darwinism as weekend violence in spain and portugal spread due to those governments actions to combat the worsening economy. look for the see saw trade to continue as be ready for buying opportunities as some good values are still out there. all products fell hard into the close with crude...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/construction-spending-up
stores in the bay area - san francisco chronicle published: thu, jan : : gmt pier imports to close stores in the bay area san francisco chronicle usda looks at imports of japanese muskmelons - the packer published: wed, jan : : gmt usda looks at imports of japanese muskmelons the packer china's annual crude
imports set record for th year - reuters published: tue, jan : : gmt china's annual crude imports set record for th year reuters pier imports closing its princeton location - pst published: wed, jan : : gmt pier imports closing its princeton location pst china's iron ore imports rise to second-highest...
https://www.foreign-trade.com/imports.htm
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