America's LargestPosts Tagged volatility
Amid Talk of Stricter Regulation of Oil Trades, Some Commodities Experts Defend Role of Speculators
Following the Commodities Futures Trading Commission’s announcement that it intends to tighten regulations on oil speculation, the effect of speculators on oil prices is a hot a news topic as ever.
Many have called speculators the cause of the extreme volatility of oil prices. Opponents of commodities regulation say this isn’t so, and argue that regulation [...]
OPEC to Call for Regulation of Oil Speculators at Next Meeting
It was only a few months ago that crude oil was trading at $33 a barrel. But prices have quickly climbed, closing on Friday at $58 a barrel.
Normally, one would expect prices to rise due to that age-old Economics 101 lesson known as supply and demand. But that is not the case with the recent [...]
Head of Shell Talks Oil Price Volatility, Green Technology Development on CNBC
Shell’s CEO Jeroen van der Veer spoke to CNBC today from the World Economic Forum being held in Davos, Switzerland. Shell is the second-largest private energy corporation in the world (behind Exxon).
As would be expected of a chief executive, van der Veer put a strong face on his company’s current standing in the climate of [...]
Once Tightly Linked, Crude and Heating Oil Prices Now Move More Independently
Heating oil customers who follow the price of crude oil on the commodities markets might be wondering how the price of crude could be going down while the price they pay for heating oil stays the same or even increases. Not too long ago, crude oil and heating oil prices almost always moved [...]
Read More »More Volatility as Oil Prices Inch Back Up
Crude oil gained about 1% today to settle at $49.93 a barrel and heating oil gained over 1% to close $0.02 higher at $1.70. The slight recovery in oil prices following yesterday’s 7% plunge in the price of crude followed the stock market, which posted its own recovery with the Dow Jones Average closing 3% [...]
Read More »The Perils of Locking in Your Heating Oil Price
Heating oil customers know that the price of heating oil changes every day, even every hour. With so many different forces influencing the price of heating oil–the price of crude, weather, location, and others–the price per gallon of heating oil can go up or down by a full fifteen or twenty cents in one day. [...]
Read More »
