We’ve used data based on the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $3.09, down a penny from last week and up…
(Video length 00:13:09) A review of the day’s trading in the agriculture markets.
Yesterday established a round of profit-taking after Monday’s breakouts had suggested something more positive in the works. Unfortunately, another round of selling ranking as higher volume distribution left indices in a more precarious state. The Semiconductor Index had come close to tagging 1,400 but the index looks to have confirmed a bearish ‘evening’ star as part…
Here’s the set-up line for the story: Two central bankers walk into a London restaurant … Mervyn King tells the tale at the start of his lecture “Lessons from the Global Financial Crisis,” in a speech given upon receipt of the Paul A. Volcker Lifetime Achievement Award from the National Association for Business Economics (February 27,…
(Audio length 00:12:27) Chris Vermeulen, founder of The Technical Traders, shares his outlook for the oil, natural gas and the US dollar. Natural gas is looking like a nice trader at its current level and oil while it is pulling back today is still holding at the recently breakout range. As for the USD long-term…
China has launched a formal investigation into sorghum imports from the US, as the trade war between the two countries heats up. Beijing’s Ministry of Commerce confirmed the probe on February 4, which comes less than two weeks after US President Donald Trump imposed tariffs on certain Chinese imports. It is highly unlikely that China…
China has launched a formal investigation into sorghum imports from the US, as the trade war between the two countries heats up. Beijing’s Ministry of Commerce confirmed the probe on February 4, which comes less than two weeks after US President Donald Trump imposed tariffs on certain Chinese imports. It is highly unlikely that China…
