The plan to launch China's first crude oil futures contract is facing more roadblocks as the Shanghai International Energy Exchange, or INE, comes under government review, a senior official close to the matter said Monday. "The target ...
Tags: Crude Futures, Crude Oil
For drivers in the United States this year, it's been the gift that keeps on giving with low gasoline prices helping them saving money. The US national average for gasoline has dropped below 2 US dollars a gallon, the lowest price since ...
Tags: U.S.Gasoline Prices
The relationship between feedstock soybean oil and blendstock heating oil rose Tuesday to hit its highest level in more than two and a half years, as rising feedstock prices continued to bite. The "boho" factor, as the relationship is ...
Tags: soybean oil, feedstock
LPG prices in south and east China's wholesale markets slid this week, despite stronger crude oil futures at the end of the week, due to a rise in domestic inventories, trade sources said Friday. Many refineries and LPG import terminals ...
Tags: LPG prices, crude oil
Shanghai's International Energy Exchange or INE intends to allocate 34 million barrels of storage space along China's eastern coast to serve participants of the country's proposed crude oil futures contract, officials said at the Shanghai ...
Oil futures held near nine-month highs Monday on concerns that escalating violence in Iraq could spread to the country's oil-producing southern region. ICE August Brent settled 48 cents higher at $112.94/barrel. The front-month contract ...
Tags: Oil Futures, Crude futures
The relationship between feedstock soybean oil and blendstock heating oil that the biodiesel industry uses to gauge costs and margins rebounded Tuesday from hitting a three-month low Monday. The "boho" factor, as the relationship is also ...
Tags: heating oil, Biodiesel
Chicago Board of Trade May soybean oil futures were down 46 points to 41.42 cents/lb Thursday as weekly data from the US Department of Agriculture showed a significant decline in net export sales. For the reporting week ended April 24, ...
Tags: Soybean Oil, Soybean Oil Futures, net export
Chicago Board of Trade May soybean oil futures Thursday were down 11 points to 42.39 cents/lb despite weekly data from the US Department of Agriculture showing a slight rise in net export sales. For the reporting week ended April 17, ...
Tags: Soybean, Oil Futures
NYMEX May crude settled $1.84 lower at $99.74/barrel Tuesday on expectations of another build in US crude stockpiles and bearish data from China and Europe. ICE May Brent settled $2.14 lower at $105.62/b. The Brent-WTI spread settled at a ...
Tags: Oil Futures, crude, NYMEX
Chicago Board of Trade May soybean oil futures were down 47 points to 41.63 cents/lb Thursday after the US Department of Agriculture's weekly report showed a decline in weekly net export sales. For the reporting week ended March 13, ...
Tags: Soybean Oil, physical exports, Soybean
The Shanghai Futures Exchange is ready to roll out the country's first yuan-denominated crude oil futures, which it hopes will become a benchmark in Asia before gaining global influence. Yang Maijun, the bourse's chairman, said foreign ...
The oil complex settled sharply higher Monday as a Russian military intervention in the Ukraine heightened concerns over global oil supplies from Russia -- one of the top oil producers in the world. NYMEX April crude settled $2.33 higher ...
Tags: Oil Futures, Oil
Oil futures settled higher Monday on support from firm US equities, geopolitical tensions and an easing of Libyan oil output, but the upside was limited by weak Chinese and eurozone data. NYMEX April crude settled 62 cents higher at ...
Tags: Oil Futures, oil output
On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start weaker. The early calls for the commodities on Wednesday, February 5, 2014, are lower. Corn is seen opening 2-4 cents lower, soybeans 4-6 cents lower, and ...
Tags: corn, soybean, wheat, grain trade