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Commodities Report: Gold Hits Record High; Crude Tops $106 a Barrel

Light, sweet crude oil for April delivery finished up 2.4% to $106.72 a barrel. In other energy futures, heating oil was up 1.7% to $3.09 a gallon while natural gas was up 0.99% to $4.39 per million British thermal units.

Meanwhile, gold futures ended at a record high helped in part by a weaker dollar.

Gold for June delivery finished up $15 to $1,439.90 an ounce.

barrel, bas, commodity, copper, crude, currency, dollar, energy, gold, heating, natural resource, oil, precious metal, price, silver, trade

Commodities rallied to finish higher Thursday as both crude oil and gold futures surged as the first quarter came to a close.

By FNNO Staff
fnnonline@gmail.com

Energy Sector Update: March 17, 2011

barrel, contract, crude, energy, environment, frac tanks, futures, gas, invest, manufacturing, natural resource, oil, power, sabre, shares, stock market, trade, Wabash, wnc

Energy shares are higher in mid-day trading as crude oil futures top $100 a barrel. Light, sweet crude oil for April delivery is trading up 2.8%, or $2.72 to $100.73 a barrel. In mid-day news, Wabash National (WNC) announced today

By Stephanie Shyu
sshyu@fnno.com

Energy Sector Update: March 10th, 2011

Published on Thu, 03/10/2011 - 15:10
By Stephanie Shyu in General Interest, cvx, barrel, case, chevron, crude, cvx, ecuador, energy, environmental, futures, gas, lawsuit, legal, oil, ruling, shares, stock, texaco, trade, Energy Movers
barrel, case, chevron, crude, cvx, ecuador, energy, environmental, futures, gas, lawsuit, legal, oil, ruling, shares, stock, texaco, trade

Energy shares are down in mid-day trading as crude oil futures fall for the second session in a row to trade below $102 a barrel. Light, sweet crude oil for April delivery is trading down $2.83, or 2.69%, to $101.57 a barrel. In m

By Stephanie Shyu
sshyu@fnno.com

U.S. Crude Down on OPEC Talks of Output Boost

Published on Tue, 03/08/2011 - 11:17
By Stephanie Shyu in General Interest, american petroleum institute, api, barrel, crude, gas, inventory, kuwait, libya, oil, opec, prices, production, supply, Commodities Report

Though crude prices are down from their highest level since September 2008, they have risen above today's early low of under $104 a barrel, according to Reuters.

Investors, however, remain worried about oil supply, awaiting the release of oil inventory data and as the OPEC has yet to come to a definite conclusion. The American Petroleum Institute (API) will issue its weekly inventory repor

american petroleum institute, api, barrel, crude, gas, inventory, kuwait, libya, oil, opec, prices, production, supply

U.S. crude oil prices fell Tuesday following a statement by Kuwait's oil minister that OPEC may consider increasing production output to supplement Libya's disrupted supply.

By Stephanie Shyu
sshyu@fnno.com

Stock Futures Remain Lower After Mixed Data; Oil's Surge in Focus

aircraft, auto, barrel, claims, durable goods, earnings, economic report, financial, futures, gas, general motors, gm, jobless, market, oil, planes, retail, stock, unemployment

U.S. stock futures remain lower, an indication of early broad-market weakness as oil remains above $100 a barrel. Futures did trim losses a bit but then resumed their decline as a report showed a drop in the weekly and the four-we

By Stephanie Shyu
sshyu@fnno.com

Tesoro Says Refinery Fire Had Minimal Impact on Production

Published on Thu, 02/03/2011 - 12:59
By Stephanie Shyu in General Interest, tso, barrel, financial, fire, north dakota, oil, production, refinery, shares, tesoro, tso, News Update

The refinery has reportedly run beyond its planned rates and repairs are expected to finished in March, the report said.

Tesoro shares are down 2.54%, or $0.54, to $19.11.

barrel, financial, fire, north dakota, oil, production, refinery, shares, tesoro, tso

Tesoro (TSO) shares are down as Reuters reports the US refiner said that a fire last month at the company's 58,000 barrel per day refinery in North Dakota had a minimal impact on production.

By Stephanie Shyu
sshyu@fnno.com

Sector Update: Energy - January 12, 2011

Published on Wed, 01/12/2011 - 16:02
By Stephanie Shyu in General Interest, BP, COP, cvx, barrel, bp, chevron, conocophilips, cop, crude, cvx, delivery, energy, financial, leak, market, oil, pipeline, sector, shares, stock, trans alaska
barrel, bp, chevron, conocophilips, cop, crude, cvx, delivery, energy, financial, leak, market, oil, pipeline, sector, shares, stock, trans alaska

Energy shares are higher in mid-day trading as crude oil jumps nearly 1% to trade just above $92 a barrel. Crude oil for February delivery is trading up $0.94, or 0.93%, to $92.04 a barrel. In mid-day news, shares of Trans Alaska

By Stephanie Shyu
sshyu@fnno.com

Energy Sector Report: January 11th, 2011

Published on Tue, 01/11/2011 - 17:12
By Stephanie Shyu in General Interest, BP, cvx, barrel, bp, chevron, crude, cvx, delivery, energy, futures, gulf of mexico, investors, market, oil, prices, sector, shares, spill, stocks, supply, trade
barrel, bp, chevron, crude, cvx, delivery, energy, futures, gulf of mexico, investors, market, oil, prices, sector, shares, spill, stocks, supply, trade

Energy shares are higher in late trading as crude oil futures surge to finish above $91 a investors fret over supply concerns. Crude oil for February delivery finished up $1.86, or 2.1%, to $91.11 a barrel.In late-session energy n

By Stephanie Shyu
sshyu@fnno.com

Commodities Update: December 30, 2010

The Energy Department will release its Weekly Petroleum Status Report at 11 a.m. today, a day later than usual because of the Christmas holiday. Analysts surveyed by Bloomberg, on average, think oil inventories fell 2.85 million b

oil, barrel, american petroleum, supplies, futures, energy department, status, report, holiday, inventories, gasoline, stockpiles, analyst, metals, gold, silver, copper, dollar, currency, euro, barclays, capital, trader, investor, polymet, mining, plm, accounting, financial

Oil is trending lower right now at $90.66 a barrel, down $0.46, but is still trading above $90 a barrel for a sixth day. Futures dropped $0.37 to $91.15 yesterday after the American Petroleum Institute said supplies rose 3.06 mill

By Stephanie Shyu
sshyu@fnno.com

Commodities: Oil, Gold Higher Ahead of Fed Meeting

commodities, dollar, euro, currency, federal, reserve, oil, barrel, gold, copper, goldman, sachs, precious, metals, interest, rate, gasoline, gas, spartech, seh, earnings, kazakhstan, rio, tinto, vale, silver, fnn

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