The Energy Report - The Tale of the Taper

By Price Futures Group

Can You Taper Up? Oil Prices rebounded after a big fall in part because of a misunderstanding. Apparently you can taper up as well as taper down in what I guess you can call the tale of the taper. That seemed to be the message from at least two Fed ... (May 25)

MORE TOPICS: FEDERAL RESERVE, MANUFACTURING, TWITTER, FACEBOOK

The Energy Report - Bernakamania!

By Price Futures Group

Fed Chairman Ben Bernanke does his best impression of a one handed economist. On One Hand Ben sends gold and stocks soaring by saying that a premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a ... (May 23)

MORE TOPICS: CHINA, GOLD, BEN BERNANKE, HSBC, MANUFACTURING, TWITTER

Japan's Trade Deficit Widens as Weak Yen Shoots Up Import Bills

By IBTimes UK

April trade deficit rose 69.7% to 879.94bn yen, as imports increased 9.4% to 6.66tn yen for April. (May 22)

MORE TOPICS: CHINA, EUROPEAN UNION, JAPAN, TRADE BALANCE

Oil Price Rigging Probe: European Commission Asks Traders for Evidence

By IBTimes UK

EU Commission writes to oil market traders asking for evidence of allegations of price fixing by Shell, BP, Platts and Statoil (May 22)

The Energy Report - Getting Closer to the Top

By Price Futures Group

With gold and silver capitulating and treasuries yield rinsing oil will have to balance the bearish implications of the Fed taking about an exit strategy versus the disinflation that is now plunging Europe. (May 21)

MORE TOPICS: GOLD, FEDERAL RESERVE, BEN BERNANKE, TWITTER, FACEBOOK, FUEL EFFICIENCY

Oil Price Rigging: Big Traders to Help EU Probe

By IBTimes UK

Glencore, Vitol, Gunvor and Mercuria asked by European Commission for details on pricing structures. (May 21)

MORE TOPICS: LONDON

The Energy Report - Gas

By Price Futures Group

Natural Gas soars as natural gas exports are probably going to happen a lot faster than many thought and pain at the pump is back as refinery woes mess up the trend of lower prices. On Friday, Reuters News reported "The Obama administration opened the door to a new era of U.S. (May 20)

MORE TOPICS: BNP PARIBAS, CALIFORNIA, MANUFACTURING, TWITTER, FACEBOOK, EUROPEAN UNION

After tough week, Obama tries to change the subject to jobs

By Reuters UK

President Barack Obama on Friday sought to turn the spotlight from controversies threatening to swamp his agenda back to his top priority - the economy - and announced he will try to cut in half the time it takes to get federal approval for large job-creating projects. (May 18)

MORE TOPICS: BARACK OBAMA, WHITE HOUSE, CLIMATE CHANGE, HOUSE OF REPRESENTATIVES, LIBYA

Tesoro may own BP Calif. refinery as early as June 1 - sources

By Reuters UK

Independent western U.S. refiner Tesoro Corp <TSO.N> may take ownership of BP Plc's <BP.L> 240,000 barrel per day Carson, California, refinery as early as June 1, sources familiar with the transaction said on Thursday. (May 17)

MORE TOPICS: CHEVRON, CALIFORNIA, RETAIL, ATTORNEY GENERAL, LOS ANGELES

Dow, S&P 500 at new highs again as rally keeps rolling

By Reuters

U.S. stocks climbed on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted and offset some weak economic data. (May 16)

MORE TOPICS: NETFLIX, DOW JONES, WELLS FARGO, S&P, MANUFACTURING, NEW YORK