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US Gasoline
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Updated: 11:04 AM EST, Nov 26, 2024
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Futures Storm Higher After Smaller Than Expected RBA Rate Hike Boosts Speculation Global Tightening Is Ending
October 04, 2022
Oil advanced on expectations the OPEC+ alliance will deliver a substantial supply cut.
Via
Talk Markets
Stocks And Bonds Extend Rally
October 04, 2022
The big bond and stock market seen yesterday has continued today. The Reserve Bank of Australia’s reversion to a quarter-point hike stokes hope that the aggressive tightening cycle more broadly is set...
Via
Talk Markets
The Commodities Feed: OPEC Output Edges Higher
October 04, 2022
All attention remains focused on Wednesday’s OPEC+ meeting, where expectations are for the group to announce a large cut. Failure to deliver this could put some immediate downward pressure on oil...
Via
Talk Markets
Why Natural Gas Prices Quadrupled In Two Years
October 02, 2022
Liquefied natural gas (LNG) exports are a primary culprit in the recent price surge, but is only part of the problem. There are four things to consider here...
Via
Talk Markets
Bounce In Futures Fizzles As Dollar Surge Returns
September 30, 2022
In premarket trading, Nike shares fall 10% after the sportswear giant cut its margin outlook for the year while reporting surging inventory, fueling worries over consumers’ ability to spend as...
Via
Talk Markets
The Commodities Feed: Price Caps And Production Cuts
September 30, 2022
Next week all attention will be on OPEC+ as the group decides on output policy amid recent price weakness and the uncertain demand outlook.
Via
Talk Markets
Wake Me Up When September Ends
September 30, 2022
The panic seen at the start of the week in the UK has subsided considerably, as sterling recovered to almost where it was a week ago, while BOE’s hand has help steady the Gilt market.
Via
Talk Markets
Oil Hesitates, Facing Speculation And Winds From All Sides
September 29, 2022
Aggressive monetary tightening policy, the energy crisis in Europe, and China's continued zero-COVID policy are all dragging on the oil market.
Via
Talk Markets
Futures Jump, Yields And Dollar Slide After Gundlach Says He's A "Buyer" Of Treasuries
September 27, 2022
The dollar gauge dipped but held near the record high set Monday, when a barrage of Fed officials repeated hawkish comments on policy.
Via
Talk Markets
Oil Has Recovered From A Nine-Month Low
September 27, 2022
On Tuesday, oil gained over 1%. The rise came after oil hit a nine-month low the day before, boosted by production curbs in the United States Gulf of Mexico ahead of Hurricane Ian and a minor weakening...
Via
Talk Markets
Semblance Of Calm Returns
September 27, 2022
After extending last week’s moves yesterday, the capital markets are mostly calmer today. Sterling is firmer, as are UK Gilts. The dollar is mostly consolidating inside yesterday’s range.
Via
Talk Markets
The Commodities Feed: No Respite For The Complex
September 27, 2022
The move higher in the USD has been unrelenting and this continues to weigh heavily on the commodities complex. Macro drivers remain firmly in the driving seat, while supply risks continue to be...
Via
Talk Markets
Gas And Oil Price Update: Good News And Bad News
September 26, 2022
If oil prices continue in the $78/barrel range, gas prices will decline to roughly $3.25/gallon in the next several weeks.
Via
Talk Markets
Sterling Continues To Be Pounded
September 26, 2022
Sterling’s pounding continued in Asia where it was driven to $1.0350, a new record low before stabilizing. UK rates also continued to rise sharply after the new government promised more tax cuts next...
Via
Talk Markets
Commodity Markets:GOLD SILVER FOREX URANIUM LITHIUM NICKEL CRUDE OIL COPPER NATURAL GAS Elliott Wave
September 26, 2022
Stronger Dollar index weaker FX pairs and commodities. Shorting Gold stocks seems one of the better moves. Expect all metals and energy markets lower
Via
Talk Markets
Evidence Mounts S&P 500 Enters New Market Regime
September 26, 2022
The S&P 500 continued falling in the third full trading week of September 2022, closing the week down 4.65% from the previous week's close, and a full 23.0% below its 3 January 2022 peak.
Via
Talk Markets
The Commodities Feed: USD Dominance
September 26, 2022
It was a negative end to the week for commodities. USD strength and a week of numerous central banks hiking rates have weighed heavily on the complex. Macro drivers are clearly in the driving seat when...
Via
Talk Markets
U.S. Natural Gas Production Sets A New Record, But Don’t Expect Relief On Your Heating Bills
September 25, 2022
Domestic oil production remains nearly a million barrels per day (BPD) below the monthly record level set just before the Covid-19 pandemic caused production to plunge.
Via
Talk Markets
Are We in a Recession?
September 25, 2022
Are we in a recession is the question going through the minds of many retail and institutional investors? It certainly feels that way because the stock market is officially in a bear market.
Via
Talk Markets
The Energy Report: Oil Riders On The Storm
September 23, 2022
Oil traders are going to have to decide whether they’re going to focus on the rising economic storm that is ripping through global financial markets or the more traditional weather storms that could...
Via
Talk Markets
Will Europe Be The Biggest Loser In The Russian-Ukrainian War?
September 23, 2022
Putin's speech fueled oil prices with the geopolitical risk of supply. What happened in the market concerned about the escalation of the war in Ukraine?
Via
Talk Markets
Futures Crash, Stocks At 2022 Lows; Yields, Dollar Explode As UK Stimulus Plan Sparks Global Market Panic
September 23, 2022
One week after stocks suffered their biggest drop since June, futures are in freefall on Friday with the dollar soaring to the now default daily record high.
Via
Talk Markets
The Commodities Feed: Macro headwinds
September 23, 2022
The complex held up relatively well yesterday, despite a number of central banks hiking rates and the stronger USD.
Via
Talk Markets
The Energy Report: Intervention Distention
September 22, 2022
Oil markets had to fight Fed Chairman Jerome Powell who is on a mission to defeat inflation regardless of the markets and economy’s collateral damage.
Via
Talk Markets
Oil And Natural Gas: We Got The Significant Jump Here
September 21, 2022
During the Asian trading session, the price of oil made a significant jump from $84.00 to $86.70 level. Now we are trying to find support there so we can continue our recovery.
Via
Talk Markets
The Commodities Feed: FOMC Day
September 21, 2022
Price action across commodities is likely to be dictated by today's FOMC meeting. A 75 bps hike is likely priced in, but anything more aggressive could put further pressure on the complex
Via
Talk Markets
How Do European Stocks And Euro Perform - What Will Be In The Future?
September 21, 2022
After Russia announced that its major gas supply pipeline to Europe will remain closed, European market indices slumped on Monday, the euro sank below 99 cents for the first time in twenty years, and...
Via
Talk Markets
Putin And Powell Lift Dollar
September 21, 2022
Between Putin’s mobilization of 300k Russian troops and Fed Chair Powell expected to lead the central bank to its third consecutive 75 bp hike later today, the dollar rides high.
Via
Talk Markets
Weekly Gasoline Prices
September 20, 2022
As of September 12, the price of Regular and Premium were down another 6 and 4 cents, respectively, from the previous week.
Via
Talk Markets
Futures Slide As Hawkish Rikshock Sends Dollar, Yields Higher Again Ahead Of Fed
September 20, 2022
Market sentiment was quite cheerful heading into the overnight session, with futures hitting a third-day high of 3,936.
Via
Talk Markets
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