Petroleum prices rose more than 7% on the week, approaching two-year highs on the surprise OPEC+ decision to maintain output at current levels, dashing expectations of a small production increase… more
Energy
Over the past few months there’s been an increasing buzz about commodity prices… grains, crude oil, industrial and precious metals have all broken to the upside and one of the most uttered phrases… more
Declining inventories in the aftermath of the previous week’s deep freeze, now referred to as winter storm Uri, as well as continued reductions in global stocks and a measurable decline nationally… more
In August 2020, the US Federal Reserve made a not-so-subtle change to its inflation policy. The world’s leading central bank shifted from a 2% target to an average of a 2% target for the economic… more
In late June 2020, the nearby natural gas futures price fell to its lowest level in twenty-five years when it reached $1.432 per MMBtu. Days after the low, Warren Buffett announced that Berkshire… more
This Microsoft Excel® dashboard has three tabs. The first tab displays today’s market quotes, volume, and open interest data. If the last price is matching the open price, then the open price… more
These two Microsoft Excel® spreadsheets present Globex crude oil market data and forward curves, both current and historical. Two dashboards are available: The first the data includes outrights… more
First quarter of 2016 is now in the books. It was a quarter of fear, of uncertainty, of losses, and redemption. Overall, a composite of the twenty-nine major commodities traded on futures markets… more