Crude inventories continued the previous week’s downward trend, dropping by 2.1 million barrels (or mmbbls), compared to analysts’ expectations of a ~2.5 mmbbls drop.
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Must-know: Why US crude oil inventories continued to drop
Crude inventories continued the previous week’s downward trend, dropping by 2.1 million barrels (or mmbbls), compared to analysts’ expectations of a ~2.5 mmbbls drop.
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Must-know: Why US crude oil inventories continued to drop
The U.S. Energy Information Administration (or EIA) reports figures on natural gas inventories weekly. Natural gas is used the most during the winter when heating demand is the highest. Storage levels …
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Must-know: Key natural gas figures for energy investors
Brent crude oil began the week under pressure again as market oversupply continued to outweigh supply interruption concerns. The commodity traded at $102.75 at 7:20 GMT following disappointing economic …
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Brent Under Pressure Following Poor PMI Data
Berkshire Hathaway upped its position in Suncor Energy (SU) by 27% to 16,458,330 shares. The position now accounts for 0.65% of the fund’s 2Q14 portfolio—up from 0.43% in 1Q14. Suncor Energy is an integrated …
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Berkshire Hathaway ups stake in Suncor Energy
In a report published Friday, Bank of America analyst Timna Tanners reiterated an Underperform rating and $11.00 price target on Cliffs Natural Resources (NYSE: CLF ). In the report, Bank of America noted, …
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Bank Of America Sees New Leadership, Tweaked Strategy, Same Challenges For Cliffs Natural Resources
Since China has a rapidly growing economy with a large population of 1.35 billion people, China’s demand for energy is rising significantly. This demand plays a major role in the crude tanker industry….
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China’s crude oil imports decline after high inventory stocking
Brent crude oil looked poised to finish the month on a loss on Friday as it traded steadily above $102. The commodity traded at $102.10 at 8:40 GMT with market oversupply weighing on prices. Reuters reported …
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Brent To Finish The Month On A Loss
Copper production increased by a modest 2% year-over-year (or YoY) to 1.7 million tons. Record mining rates were achieved at Olympic Dam—increasing by 11% YoY. The company predicts that copper production …
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Why copper production is up, but profitability is down
Coffee prices are now pushing $2 a pound. Starbucks (NASDAQ: SBUX ) has more exposure to milk prices than coffee, so that morning latte won’t be getting more expensive. However, that doesn’t make coffee’s …
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Global Demand For Coffee Expected To Hit Record Highs: Will Prices At Starbucks Rise?
BUENOS AIRES, Argentina (AP) — State-run Argentine oil company YPF SA said Thursday it has reached a deal with Malaysia's Petronas to develop what is believed to be massive deposits of shale oil and gas in the vast Vaca Muerta formation in Patagonia.
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Argentina, Malaysia in deal to develop oil field
Newbuild VLCCs (very large crude carriers) remained consistent or dipped marginally in July 2014, according to data from R.S. Platou—a leading international ship and offshore broking company.
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Newbuild Very Large Crude Carrier prices are still under pressure
Another asset class that is proving vulnerable to rising rates is commodities. The prospect for tighter monetary conditions is driving the dollar higher and putting downward pressure on many commodities….
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Why gold isn’t safe for your portfolio when rates are rising
The new company (or NewCo) will be an Australian incorporated company. It will be listed on the Australian Securities Exchange (or ASX). It will also have a secondary listing on the Johannesburg Stock …
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Must-know: The long-awaited split
In a note released Wednesday, analyst Wee-Kiat Tan from Morgan Stanley thinks the recent rally in coal stock share prices is overdone, especially given the weak outlook. According Tan, there were several …
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Morgan Stanley Sees Recent Coal Stock Rally As Overdone
BHP Billiton’s (BHP) results were broadly in-line with market expectations. BHP’s underlying net profit after tax (or NPAT) of $13.45 billion is in-line with the $13.6 billion consensus expectation. It’s …
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BHP’s FY14 results were broadly in-line with market expectations
BHP’s work is organized into five business units—petroleum and potash, copper, iron ore, coal and aluminium, and manganese and nickel. It’s headquartered in Melbourne, Australia. BHP operates through 100 …
“I don’t like the idea of an American company buying a Canadian company — it’s our brand,” Crosgrey, 60, said as she sipped a Tim Hortons coffee with three creams at a food court in downtown Toronto. Burger King may screw it up.”
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Tim Hortons’ Canadian Fans Leery of American Hookup
The Baupost Group added a position in Kosmos Energy (KOS) that accounted for 0.87% of the fund’s total second quarter portfolio. Kosmos Energy is a leading independent oil and gas exploration and production …
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Why the Baupost Group establishes new position in Kosmos Energy
The Standard & Poor's 500 index traded above the 2,000-point mark for the first time on Monday, the latest milestone in a five-year rally for U.S. stocks. Investors were encouraged by some high-profile corporate deal news, which overshadowed sluggish sales of new homes. Burger King and biotech company InterMune were among the biggest risers.

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S&P 500 trades above 2,000 points for first time
From the beginning of 2014, natural gas prices have averaged $4.48 per MMBtu. This is ~16% higher than the current levels near $3.85 per MMBtu.
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Why natural gas inventories are so important to energy investors