Energy Prices (Daily Change)
| Up/Down | Price | Change | |
|---|---|---|---|
| Crude Oil | ↑ | 87.91 | +2.59 |
| Heating Oil | ↑ | 4.1201 | +.1529 |
| RBOB Gasoline | ↓ | 2.8994 | -.0166 |
| Natural Gas | ↓ | 5.606 | -.007 |
All prices updated at end of day using CME settlements.
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It looks as thought the relentless climb in the US dollar value has stopped for now. With the easing of crisis in the UK and Europe, the dollar has eased a bit.
This has given some support to dollar-based commodities, although the current gas glut is keeping natural gas from participating.
+Weak dollar, big US crude exports buoy oil markets – Reuters
+US exports record oil volumes as fuel price tensions build – FT
Macro Energy
+Europe, once fearing rationing, has a gas glut – WSJ
Macro Economy
+What’s the inflation rate? It’s a surprisingly hard question to answer – WSJ
+Grain traders reap benefits of global food crunch – WSJ
Energy Transition
+Greenwashing faces resh curbs in UK regulator’s crackdown – FT
+Wind power executives worry over US offshore ambitions – FT
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