Posts Tagged ‘gasoline future contract’
Gold and Oil News - March 22, 2013 6:08
Gas Continues to Correct Back Towards Demand Fundamentals
It’s been a wild ride in gasoline over the past month as refiners have been bidding up the price of RINs due to U.S. E.P.A. bioethanol blending rules. This caused rampant speculation in the futures pits sending gasoline futures prices soaring while the price of Brent crude fell on Euro-zone breakup fears spilling over into […]
Crude Oil Futures Reaches $104 per barrel on Shortage in Global Supply
Crude oil futures posted heavy gains on Friday and closed on $104 per barrel as the investors were uncertain about the shortage in global oil supply created due to crisis in Libya. Crude oil futures contract for April delivery surged 2.5 percent to $104.42 on Friday at New York Mercantile Exchange as compared to $101.91 […]
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