All Posts Tagged With: "MF Global"
Crude Rebounds
In the energy market Friday, crude for July delivery rebounded, closing at $134.62/barrel on its final day as the front-month contract, up $2.69. July reformulated gasoline rose 8.7 cents, to $3.4392/gallon.
Base Metals Beaten Senseless - Rising Stockpiles Blamed
The base metals endured a serious bloodbath on Thursday. Copper fell off a cliff at the open of the New York session and never recovered, finishing at its intraday low of $3.6416/lb., down 10½ cents.
Crude Back on the Upswing
In the energy market Wednesday, crude for July delivery rose after Tuesday’s knockdown, closing at $131.03/barrel, up $2.18. July reformulated gasoline gained 6.78 cents, to $3.4476/gallon.
Crude Retreats
In the energy market Tuesday, crude for July delivery eased a bit, closing at $128.84/barrel, down $3.34. July reformulated gasoline lost 2 cents, to $3.38/gallon.
Base Metals Mostly Sharply Higher
Outside of nickel, the base metals were all on fire on Friday. Copper rose straight from the pre-dawn hours until the late morning, only then coming off its intraday highs to finish at $3.866/lb., up nearly 8 cents.
Crude Plummets, but Then Recovers
In the energy market Thursday, crude for June delivery tumbled early, as far as $120.90, before late buying pushed it nearly all the way back, to close at $124.12/barrel, down just 10 cents.
Base Metals All in the Tank Again
The base metals were all in the red on Thursday. Copper backed down for a second straight day, dropping from the pre-dawn hours to late morning, after which it recovered slightly to finish at $3.844/lb., down 4¾ cents.
Oil Blasts to New Record
In the energy market Tuesday, crude for June delivery roared to new intraday and closing records, finishing at $121.84/barrel, up $1.87, after an intraday peak of $122.73. June reformulated gasoline gained 6 cents, to $3.12/gallon.
Base Metals Slide
The base metals were all in the red on Tuesday. Copper held up until New York opened, then dipped sharply and never regained the lost ground, finishing at $3.9253/lb., down 4¼ cents.
Oil Hits Record Before Easing - Lethal Violence in Nigeria.
In the energy market Monday, crude for June delivery spiked higher, shooting to yet another record intraday high of $119.93 before easing to close at $118.75/barrel, up 23 cents. June reformulated gasoline fell 2.3 cents, to $3.0307/gallon.
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