Category Archives: Oil and Gas

Bloomberg: China stockpiling of crude oil keeps price > $100 per barrel, emulates US strategic reserve 6/11/14

China’s Record Hoarding Seen Keeping Crude Above $100: Energy   By Bloomberg News June 11 (Bloomberg) — China is hoarding crude at the fastest pace in at least a decade, shielding itself from supply disruptions and helping keep prices above … Continue reading

Posted in Daily Dispatch, Daily Market News, Market Commentaries, Oil and Gas | Leave a comment

FT – White House ‘taking an active look’ at crude oil export ban 5/9/14

May 8, 2014 11:54 pm White House ‘taking an active look’ at crude oil export ban By Gregory Meyer and Ed Crooks in New YorkAuthor alerts The White House is examining the longstanding US ban on exports of crude oil, … Continue reading

Posted in Daily Dispatch, Daily Market News, Energy, Market Commentaries, Oil and Gas | Leave a comment

CME cuts initial margins for crude oil, gold, silver futures 11/22/13

CME cuts initial margins for crude oil, gold, silver futures * CME lowers Crude Oil future NYMEX (CL) initial margins for specs by 8.1 percent to $3,740 per contract from $4,070 * CME lowers Comex 100 Gold futures (GC) initial … Continue reading

Posted in Daily Dispatch, Daily Market News, Energy, Gasoline, Diesel, and Avaiation, Oil and Gas | Leave a comment

US fuel consumption last week grew at the fastest rate since 2007, as gasoline prices fell to a 32-month low: EIA 11/12/13

Gasoline Supplies Probably Fell for Fifth Week: Energy Markets   (By Moming Zhou Nov. 12 (Bloomberg) — U.S. gasoline stockpiles probably declined for a fifth week as demand rose and refineries idled processing units for maintenance. Inventories slid 500,000 barrels, … Continue reading

Posted in Daily Dispatch, Daily Market News, Energy, Gasoline, Diesel, and Avaiation, Oil and Gas | Leave a comment

Surging Ethanol Credits Bring Little Joy to Wall Street 11/7/13

Surging ethanol credits bring little joy to Wall Street 07-Nov-2013 06:00   (Repeats for wider distribution. No change to headline or text.) By Cezary Podkul NEW YORK, Nov 7 (Reuters) – As the tiny niche market for ethanol credits turned … Continue reading

Posted in Daily Dispatch, Daily Market News, Energy, Gasoline, Diesel, and Avaiation, Oil and Gas | Leave a comment

Weekly Petroleum Ending Stocks – 11/6/13

Stocks

Posted in Daily Market News, Energy, Gasoline, Diesel, and Avaiation, Oil and Gas | Leave a comment

Des Moines ethanol price falls to $1.88 per gallon (lowest in 3 years); S Paolo price up $.02 to $2.30; spread $-.62 per gallon (no import incentive); US blender margin @ $.71 per gallon; US gas +eth output up sharply 11/6/13

  My comment on the graphs of weekly EIA gasoline + ethanol output and use:   “ The following four graphs on two pages from Valero’s public website show gasoline + ethanol production rising to a 4-year high. Demand rose … Continue reading

Posted in Daily Dispatch, Daily Market Commentaries, Daily Market News, Energy, Gasoline, Diesel, and Avaiation, Market Commentaries, Oil and Gas | Leave a comment

White House records show lobbying blitz ahead of EPA ethanol rule 10/31/13

FACTBOX-White House records show lobbying blitz ahead of EPA ethanol rule 31-Oct-2013 15:25   By Cezary Podkul NEW YORK, Oct 31 (Reuters) – Meeting records published by the White House show some 85 industry executives and lobbyists have visited Obama … Continue reading

Posted in Daily Dispatch, Daily Market News, Energy, Gasoline, Diesel, and Avaiation, Oil and Gas | Leave a comment

Crude Oil (WTI) closed at a new low price since June 30 at $96.77 – downside objective still probaly $89 10/31/13

Posted in Daily Dispatch, Daily Market News, Energy, Oil and Gas | Leave a comment

EPA says no final decision on 2014 ethanol mandates – RTRS | News | Thomson Reuters Eikon 10/11/13

EPA says no final decision on 2014 ethanol mandates – RTRS 11-Oct-2013 13:33 Oct 11 (Reuters) – The Environmental Protection Agency has not made a final decision on biofuel blending requirements for 2014, EPA Administrator Gina McCarthy said on Friday, … Continue reading

Posted in Daily Dispatch, Daily Market News, Energy, Gasoline, Diesel, and Avaiation, Oil and Gas | Leave a comment