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Rising crude levels test Cushing storage capacity
Falling U.S. fuel demand due to the recession is building inventories and testing capacity limits at the key Cushing, Oklahoma crude storage hub.
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“Tinny” signs of recovery
One of the most significant comments about the world economy this week may have come from Klaus Kleinfeld, the chief executive officier and president of Alcoa, America's largest aluminium producer....
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Correlation Between Oil and Equities Markets
Oil prices have been trading in an unusually strong positive correlation with equities markets over the past few months on hopes that signs of an economic recovery could mean a boost for energy...
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Oil Market Contango Widening
The spread between front-month oil futures and contracts for later delivery on the New York Mercantile Exchange (see Fig. 1) has widened dramatically this month. (See Fig. 2)The widening contango...
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