Energy Market Updates

Estimates had Crude falling 1.5mbl with the gasolines flat and distillates building by 1.0mbl. The early losses had pits down over 2 cents but as of 10:30 that changed...

With the short trading week coming to a close, and what is typically a slow week, was anything but. Inventories showed a large draw in Crude but slight builds in the...

As quick as we saw the jump on Friday, we had thought that it was storm fear buying. And today brought vindication of those thoughts as I woke to a market down over 5...

Late Sunday night I was surprised to see values up over 2 cents because after Friday’s movement I would have expected some sharp drops. That is until I saw China...

We had anticipated some sideways action over the next few sessions as traders decide which bandwagon to jump on. Nothing was more evident than today that saw thin news...

The sideways action continues as a healthy correction has once again seen buyers run for the hills. On the heels of healthy construction spending and new home sales, and...

It was one of those days in the pits as the market opened positive and stayed there all day. After yesterday’s impressive construction spending report and today’s strong...

Almost on cue, the NYMEX sold off overnight as length added on Thursday was peeled away as what typically happens ahead of a long weekend. But, a surprise was in store...

Thursdays buying frenzy continued into this morning session as early morning markets were up over 3 cents. A variety of news items led to the jump yesterday most...

In what appears to be an about face to recent trends, the Pits reacted strongly overnight to yesterdays API report that showed Gasoline taking a whopping 3.2mbl hit....