U.S. Midwest oil refiners boost output, cut region’s dependence on Gulf Coast By Reuters

© Reuters. moThe Phillips 66 gas station in Superior By Jarrett Renshaw NEW YORK (Reuters) – U.S. refineries from Ohio to Minnesota are capitalizing on...

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© Reuters. moThe Phillips 66 gas station in Superior By Jarrett Renshaw NEW YORK (Reuters) – U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, helping their region break a historic dependence on fuel from the Gulf Coast while redrawing oil trade maps. Since...

Crude Oil Gains In Asia On Momentum From Drop In U.S. Rig Count By Tradebuddy.online

© Reuters. Crude up in Asia Tradebuddy.online – Crude prices gained in Asia on Monday as rig count figures out of the U.S. aided sentiment...

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© Reuters. Crude up in Asia Tradebuddy.online – Crude prices gained in Asia on Monday as rig count figures out of the U.S. aided sentiment on the supply outlook. U.S. West Texas Intermediate (WTI) crude futures rose 0.42% to $52.06 a barrel. Meanwhile, futures, the benchmark for oil prices outside the U.S., gained 0.28% to...

Gold Prices Down In Asia on Monday As Dollar Gains By Tradebuddy.online

© Reuters. Gold dips in Asia Tradebuddy.online – Gold prices fell in Asia on Monday as the dollar showed strong gains after Japan’s Premier Shinzo...

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© Reuters. Gold dips in Asia Tradebuddy.online – Gold prices fell in Asia on Monday as the dollar showed strong gains after Japan’s Premier Shinzo Abe resoundingly won re-election, signalling continued easy policy. for December delivery fell 0.24% to $1,277.39 a troy ounce on the Comex division of the New York Mercantile Exchange. Overnight, gold...

EPA abandons changes to U.S. biofuel program after lawmaker pressure By Reuters

© Reuters. Environmental Protection Agency Administrator Scott Pruitt speaks during an interview for Reuters By Jarrett Renshaw NEW YORK (Reuters) – The U.S. Environmental Protection...

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© Reuters. Environmental Protection Agency Administrator Scott Pruitt speaks during an interview for Reuters By Jarrett Renshaw NEW YORK (Reuters) – The U.S. Environmental Protection Agency has backed off a series of proposed changes to the nation’s biofuels policy after a massive backlash from corn-state lawmakers worried the moves would undercut ethanol demand, according to...

Oil prices rise on tightening supply, strong demand By Reuters

© Reuters. Illustration photo of crude oil being dispensed into a bottle By Henning Gloystein SINGAPORE (Reuters) – Oil prices rose on Monday over supply...

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© Reuters. Illustration photo of crude oil being dispensed into a bottle By Henning Gloystein SINGAPORE (Reuters) – Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent crude futures (), the international benchmark for oil...

The Importance Of Owning 5-10% Of Your Portfolio In Gold

A recent article published by Bloomberg seem to give credit to the oft-repeated notion that gold (GLD) (PHYS) is an essential part of everybody’s portfolio....

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A recent article published by Bloomberg seem to give credit to the oft-repeated notion that gold (GLD) (PHYS) is an essential part of everybody’s portfolio. Specifically it seems that gold helps a portfolio to outperform in the long run by helping to stabilise losses during tail-risk events that negatively impact assets values. There are many...

Gold / Silver / Copper Prices – Weekly Outlook: October 9

© Reuters. Gold falls as stronger dollar weighs Tradebuddy.online – Gold prices fell on Friday, pressured lower by the stronger U.S. dollar which was boosted...

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© Reuters. Gold falls as stronger dollar weighs Tradebuddy.online – Gold prices fell on Friday, pressured lower by the stronger U.S. dollar which was boosted after President Donald Trump’s plans to overhaul the tax code cleared a critical hurdle. for December delivery settled down 0.59% at $1,282.42 on the Comex division of the New York...

Crude Oil Prices – Weekly Outlook: October 23

© Reuters. Crude Oil Prices – Weekly Outlook: October 23 – 27 Tradebuddy.online – Oil prices settled higher in see-saw trade on Friday, as political...

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© Reuters. Crude Oil Prices – Weekly Outlook: October 23 – 27 Tradebuddy.online – Oil prices settled higher in see-saw trade on Friday, as political tensions in the Kurdistan region continued to disrupt crude supplies. Oil exports from Iraq’s Kurdistan towards the Turkish port of Ceyhan were flowing at average rates of 216,000 barrels per...

U.S.-backed militias seize key oil field in east Syria: SDF By Reuters

© Reuters. A road sign welcomes people to the town of Deir al-Zor in Syria BEIRUT (Reuters) – U.S.-backed militias said they captured a major...

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© Reuters. A road sign welcomes people to the town of Deir al-Zor in Syria BEIRUT (Reuters) – U.S.-backed militias said they captured a major oil field in Deir al-Zor province on Sunday, pressing their offensive against Islamic State fighters in eastern Syria. The Syrian Democratic Forces (SDF) said they gained control of al-Omar oil...

Rig count tumbles by 15, Baker Hughes survey says By Seeking Alpha

Rig count tumbles by 15, Baker Hughes survey says By Seeking Alpha ‘; CommoditiesOct 20, 2017 01:16PM ET ©...

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Rig count tumbles by 15, Baker Hughes survey says By Seeking Alpha ‘; CommoditiesOct 20, 2017 01:16PM ET © Reuters. Rig count tumbles by 15, Baker Hughes survey says The total U.S. rig count fell by 15 to 913 following last week’s decline of 8, the sixth drop in...
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