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Just as Oil Looked Poised to Break Out, Panic Sets In moneyshow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyshow.com Daily Mail and Mail on Sunday newspapers.
Saving Your Digital Wallet ft. Phil Flynn foxnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxnews.com Daily Mail and Mail on Sunday newspapers.
On Monday, the CME Group’s corn, soybean markets finish strong. At the close, the May corn futures settled 6 1/4¢ higher at $5.92 3/4. July corn futures finished 6 3/4¢ higher at $5.80 3/4. New crop December corn futures settled 8¢ higher at $5.20 3/4.
May soybean futures closed 16 1/2¢ higher at $14.49 3/4. July soybean futures closed 14¢ higher at $14.36 3/4. New crop November soybean futures closed 10¢ higher at $12.84 1/4. July wheat futures finished 1 1/4¢ lower at $6.53 1/2. July soymeal futures settled $4.90 short term higher at $411.30. July soy oil futures closed +0.37 lower at 53.87¢ per pound. In the outside markets, the NYMEX crude oil market is +0.22 higher (+0.35%) at $63.35. The U.S. dollar is lower, and the Dow Jones Industrials are 165 points lower (-0.49%) at 34,034 points. ....
Midstream energy assets like the Alerian Energy Infrastructure ETF (ENFR) could be worth revisiting as recent data points look supportive of additional energy sector upside. The ALPS ETF tracks the Alerian Midstream Energy Select Index (CME: AMEI). ENFR acts as a type of hybrid energy infrastructure ETF, which helps investors capture some of the high yields from MLPs while limiting the tax hit from solely owning MLPs. Part of the good news for the sector is that some well-known investors are revisiting energy equities. On Wednesday, “Oil prices surged almost 5% after a report from the International Energy Agency followed by U.S. inventory data raised optimism about returning demand after last year’s coronavirus lockdowns crushed fuel consumption,” reports ....
U.S. Oil And Gas Figures Point To Economic Momentum - The Mississippi Link themississippilink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themississippilink.com Daily Mail and Mail on Sunday newspapers.