Tag Archives: investing in commodities
Getting a handle on the long-term oil trade
WTI crude oil has been back on the rebound after traders received the U.S. API report reflecting the latest weekly inventory drawdown in eight weeks. Money flowing back out of the U.S. dollar as a safe haven also helps to send WTI higher.
Oil levels out as gas gets a huge bid
Crude oil prices (USO, quote) have flattened out as Greek policymakers and creditors continue to work towards reducing the country’s crippling debt. But natural gas prices (UNG, quote) are jumping.
Latin drought spreads to Brazil and plays havoc with corn prices
Farmers in Brazil have overcome many obstacles in the past but rainfall has not been one of them until the drought that began in Argentina spread, severely damaging both corn and soy bean crops. With no rain for the entire month of December and only one rainy day in January, farms are hard-pressed to remember a worse season.
