unleaded gasoline futures

17 Jun

Has Crude Oil Topped Out?

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Energy Futures---The energy futures were lower across the board off session highs with crude oil finishing down 5 cents to close around 97.85 a barrel hitting fresh 9 months highs early in the trading session while rallying lately on concerns of increasing tensions in Syria.

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12 Jun

Is The Energy Sector A Sell?

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Energy Futures---The energy futures were higher across the board but off of session highs as the stock market finished on session lows pushing several of the commodity markets lower for the trading session while crude oil finished up $.40 at 95.87 a barrel still trading right near recent highs of the trading range but I’m becoming more bearish this sector because the longer prices stay up at these levels without moving higher improves the odd that a top mig

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07 Jun

Energy Prices Continue Bullish Trend

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Energy Futures-- The energy market rallied across the board this week as the EIA stated this week that crude supplies were down sharply this week by 6.3 million barrels compared to last week but still at a 10 year high and all-time highs for this time of year as prices are very resilient climbing about $4 from this week’s low settling near 96.00 up $1.25 for the day still stuck in a sideways pattern with no trend in sight.

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06 Jun

Will Crude Oil Hit $100?

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Energy Futures-- The energy market rallied across the board today as the EIA stated that crude oil supplies were down sharply this week by 6.3 million barrels compared to last week but still at a 10 year high and all-time highs for this time of year as prices are very resilient climbing about $3 from this week’s low still stuck in a sideways pattern with no trend in sight.

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25 May

Are The Energy Markets Going To Rally?

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Energy Futures-- Energy futures had a volatile trading week as usual with crude oil basically finishing unchanged this Friday afternoon at 94.10 still trading below its 20 and 100 day moving average with very little chart structure with giant swings to the upside and to the downside with a possible double top around $97 and if you’re looking to get short this market my recommendation would be to put a stop above 97.35 in case the market does rally s

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24 May

Is Crude Oil Headed Lower?

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Energy Futures-- Energy futures had a volatile trading week as usual with crude oil basically finishing unchanged this Friday afternoon at 94.10 still trading below its 20 and 100 day moving average with very little chart structure with giant swings to the upside and to the downside with a possible double top around $97 and if you’re looking to get short this market my recommendation would be to put a stop above 97.35 in case the market does rally settling

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20 May

Crude Oil & Products Higher As Economy Strengthens

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Energy Futures-- Energy futures were higher across the board once again with crude oil closing up $.70 at 96.96 a barrel right near recent highs as turmoil in the Middle East plus a lower dollar today helped prices move higher once again also pushing unleaded gasoline which I’ve been recommending in many previous blogs & I do believe that the bottom has been formed in unleaded gas and we could move higher during the demand season especially with the Mem

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17 May

Crude Oil & Products Higher Again Despite Strong Dollar

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Energy Futures-- The energy futures bucked the trend this week despite the fact that the dollar continues to surge higher but is not putting any pressure on energy prices as July crude oil is still trading above its 20 and 100 day moving average finishing up around $.90 this Friday afternoon at 96.40 a barrel climbing higher for the 3rd consecutive day following the S&P 500 to the upside.

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14 May

Is Natural Gas A Buy?

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Natural Gas Futures--- Natural gas prices are higher today by 6 points today trading at 3.99 in the June near a 7 week low retracing much of the gains that happened in recent months and as I have stated in many previous blogs I think natural gas is a buy at these levels even with warm weather entering in the Midwest.

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13 May

Energy Prices Lower Across The Board

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Energy Futures--- The energy markets were relatively quiet today in New York with crude oil finishing down $.90 a barrel after the sharp rally from last Friday’s low finishing at 95.05 in the June contract in a pretty lack luster trade today as the commodity markets as a whole were pretty much mixed across the board.

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