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CFTC to Propose Dodd-Frank Rules by November - Argus
(Thursday, September 02, 2010) The Commodity Futures Trading Commission (CFTC) expects to issue all proposed rules to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act by Thanksgiving, CFTC general counsel Dan Berkovitz said Wednesday.
Commodity Corner: Oil Up Nearly 3%
(Wednesday, September 01, 2010) Although Hurricane Earl is expected to put a damper on Labor Day travel plans and gasoline demand -- along the East Coast, October crude oil futures surged Wednesday.
Commodity Corner: East Coast Heat, Atlantic Storms Boost Gas
(Monday, August 30, 2010) Above-normal temperatures in the Eastern U.S. and increasing storm activity in the Atlantic gave natural gas futures a boost Monday.
Commodity Corner: Oil Surges Ahead for the Week
(Friday, August 27, 2010) Equities markets rallied Friday after Federal Reserve Chairman Ben Bernanke offered assurances that the U.S. central bank would take aggressive steps if necessary to counteract deflation.
Commodity Corner: Natural Gas Falls Below $4
(Wednesday, August 25, 2010) Unimpressive durable goods figures contributed to a 4% drop in the front-month natural gas price Wednesday.
Could Israel Become An Energy Exporter?
(Monday, August 23, 2010) A New York Times report on Israel's recent natural gas finds describes the history of exploration here by saying, "Few countries had looked so hard with so little result."
Commodity Corner: Crude Begins the Week Down
(Monday, August 23, 2010) Light sweet crude oil for October delivery settled lower Monday.
Merkel Praises Leipzig Exchange for Electricity and Gas
(Friday, August 20, 2010) Continuing a fact-finding tour of energy sites, German Chancellor Angela Merkel praised Tuesday an exchange where electricity and gas are traded as commodities.
Argus Launches Canadian Crude Indexes
(Friday, August 20, 2010) International energy pricing agency Argus on Thursday launched daily volume-weighted average price indexes for two leading Canadian crude streams: Western Canadian Select (WCS) and Syncrude (SYN).
Weak Gasoline Demand Reflects Struggling Economy - API
(Friday, August 20, 2010) At 9.3 million barrels a day, U.S. gasoline deliveries (a measure of demand) fell slightly (0.03 percent) last month compared with July 2009, continuing weak deliveries for the first half of the year and mirroring the faltering U.S. economy.
Commodity Corner: Oil Down 2.4% for the Week
(Friday, August 20, 2010) Despite a report that July petroleum demand rose by nearly 4%, crude oil futures fell by 97 cents Friday.
Platts: China's Apparent Oil Demand Down 5.6%
(Thursday, August 19, 2010) China's apparent oil demand slowed in July, dropping from June's record high of 36.74 million metric tons (mt) to 35.82 million mt or about 8.47 million barrels per day (b/d), according to a just-released Platts analysis.
Commodity Corner: Oil Settles Lower Again
(Wednesday, August 18, 2010) September crude oil futures declined yet again Wednesday.
SMX to Start Trading Aug. 31
(Tuesday, August 17, 2010) Singapore Mercantile Exchange (SMX) on Tuesday said it would start trading commodities and currency futures on August 31.
The New Pressure on Natural Gas
(Monday, August 16, 2010) Natural gas prices below $5 have implications for E&P firms, chemical-stocks investors, and electricity generators.
Commodity Corner: Oil Begins the Week Lower
(Monday, August 16, 2010) Crude oil for September delivery showed little movement from Friday, losing 15 cents to settle at $75.24.
Crude Sinks on Record US Oil Inventories
(Friday, August 13, 2010) Swollen U.S. oil inventories stand at their highest levels in nearly 20 years.
Argentina to Place Price, Sales Limits on Fuels Amid Shortage
(Friday, August 13, 2010) The Argentine government will place price caps and sales limits on fuel amid supply shortages.
Commodity Corner: Oil Down 7.5% for the Week
(Friday, August 13, 2010) September crude oil futures closed off a down week at $75.39 a barrel amid less-than-stellar news about the direction of the U.S. economy.
IEA Sees Increased Demand for Oil
(Wednesday, August 11, 2010) The improving economic situation is likely to see demand for oil products increase this year and next, the International Energy Agency (IEA) said Wednesday.