 |
Louisiana Light • 2 days | 72.20 | +1.74 | +2.47% | ||
|
Bonny Light • 1 day | 75.73 | +1.59 | +2.14% | ||
|
Opec Basket • 2 days | 73.96 | +3.19 | +4.51% | ||
|
Mars US • 13 hours | 70.55 | +1.23 | +1.77% | ||
|
Gasoline • 51 mins | 2.589 | -0.005 | -0.18% |
|
Bonny Light • 1 day | 75.73 | +1.59 | +2.14% | ||
|
Girassol • 1 day | 76.16 | +1.66 | +2.23% | ||
|
Opec Basket • 2 days | 73.96 | +3.19 | +4.51% |
|
Peace Sour • 4 hours | 65.15 | +1.23 | +1.92% | ||
|
Light Sour Blend • 4 hours | 66.45 | +1.23 | +1.89% | ||
|
Syncrude Sweet Premium • 4 hours | 75.40 | +1.23 | +1.66% | ||
|
Central Alberta • 4 hours | 64.75 | +1.23 | +1.94% |
|
Eagle Ford • 2 days | 65.81 | +1.69 | +2.64% | ||
|
Oklahoma Sweet • 2 days | 66.00 | +2.00 | +3.13% | ||
|
Kansas Common • 22 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 3 days | 73.95 | +0.90 | +1.23% |
Breaking News:
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What Does The Future Hold For Iron Ore Markets?
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Metals / Commodities
Going Back into the Ags
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44 Million People Driven Into Poverty by Rising Food Prices
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Libyan Unrest Causes Commodity Prices to Skyrocket
As political turmoil and violent social unrest continue to plague Libya, a massive economic mushroom cloud has emerged in the form of unprecedented upward price momentum across the broad spectrum…
A Buying Opportunity is Setting Up for the Ags
In January, I wimped out of my hefty long position in the grain ETF (JJG), hoping to sidestep a potential sell off going into a dreaded US Department of Agriculture…
A Look Behind Rising Food Prices: Population Growth; Rising Oil Prices; Weather Events
Rising food prices, crowned by a recent record high spike and chronicled in the graph below, have played a role in triggering the spread of unrest that we’ve witnessed recently…
The Population Bomb Echoes
Pack your portfolios with agricultural plays like Potash (POT), Mosaic (MOS), and Agrium (AGU) if Dr. Paul Ehrlich is just partially right about the impending collapse in the world’s food…
Why Commodities are Being Driven by Inflation and Supply Worries
The mainstream press loves to talk about emerging market demand as a cause of inflation, rising prices and the bull market in commodities. Did emerging markets suddenly begin demanding food,…
Despite High Prices - There is no Bubble in Commodities
High prices do not mean a bubbles. High prices are just high prices. Humans are horrible at best in predicting either the frequency or the magnitude of such moves, yet…
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Water, Not Oil Could Soon Become the World’s Greatest catalyst for Conflict
Writing about the 1967 Six Day War in his 2001 memoirs, Israeli Prime Minister Ariel Sharon said that "While the border disputes between Syria and ourselves were of great significance,…
Can We Blame Bernanke for the Rise in Food and Commodity Prices?
It wouldn’t be fair to say that Bernanke is responsible for all the run-up in global food prices. There are many factors at play. That’s not to say the US…
Russia in Joint Venture With Mongolia to Develop Uranium Resource
Russian President Dmitry Medvedev has signed a law on forming a joint venture with Mongolia to develop a large uranium deposit. Medvedev's signature clears the way for creation of the…
2011 Commodities Trading Forecast
This is my favorite asset class for the next decade, as investors increasingly catch on to the secular move out of paper assets into hard ones. Don’t buy anything that…
A Perfect Storm is Settling Up for the Grains
I bet I’m the only guy you know whose wedding was filmed by the KGB. In the seventies, my friend, the TASS correspondent, Yuri, shot the entire assembled foreign press…
Food Prices 18.5% Higher than a Year Ago
I am busy working on some bigger projects that I can’t write about yet, but I thought I would put up a little scanned in section from today’s WSJ relating…
Why Commodity Prices are Surging
Paul Krugman explains the main reason for the rising commodity prices: Today, as in 2007-2008, the primary driving force behind rising commodity prices isn’t demand from the United States. It’s…
Is Food the New Distressed Asset?
After my entertaining repast with the head of our nation’s intelligence service, (See: Lunch with the CIA) I had to ask myself this question. During the sixties, new dwarf varieties,…
Rare Earth Metals Shortage Made Worse by Smuggling
Rare earth (RE) metals find application in devices inlcuding wind turbines, hybrid and electric cars, LCDs, fuel cells, nuclear reactors and lasers. China controls some 97% of the world supply…
Pssst! Have You Heard About Rhodium
When I was at the New York Hard Asset Investment Conference weeks ago, every hour someone would stop by my table, mention the word “rhodium”, and walk away. My interest…
Forget a Potential Oil Shortage: A shortage of this Mineral Would be Much Worse
Most folks think an oil embargo or a running out of supply would be a disaster, some even realize oil could drive nations to war. But there is a much…
