Energy Market Updates
Commodities, Stocks and Consumer Confidence Drop
Targeting ISIS - Oil Prices & Air Strikes
Inventory Shocker Reverses the RBOB Slide
Stocks Knocked Down on Jobless Numbers, NYMEX Slides Along With It
Stocks Slide, Energy Rebounds, and MH17 Fallout Intensifies Standoffs
Continuing fallout over the downed Malaysian jetliner led to increased international tensions today (deja vu?). Russia called US accusations that it supplied the anti aircraft missles responsible "groundless". President Obama insisted that Russian involvement warranted further sanctions by Western nations. And thats what we saw happen this afternoon - Canada issued new sanctions targeting financial and energy related companies (much like the US sanctions from last week) and instituted travel bans on certain individuals.
Intl Issues Increase; Positive Domestic News Keeps Futures Stable
NYMEX Continues Losing Streak Despite New Middle East Concerns
Iraqi Turmoil Rocks the NYMEX
BREAKING - Iraq Escalates - Militants Seize Tikrit, Target Baiji Oil Refinery