Daily Top Story

U.S. Oil Futures Rise on Falling Cushing Inventories
Posted 2014-07-23 09:39NAI Editing
West Texas Intermediate oil rose after a government report showed stockpiles dropped at Cushing, Oklahoma, the contract’s delivery point.

Metal ETFs Lure Investors at Fastest Pace in Five Years
Posted 2014-07-22 08:55NAI Editing
Investors are buying metals from zinc to aluminum at the fastest pace since 2009, betting demand gains will tighten supply, just as Citigroup Inc. and Macquarie Group Ltd.

Oil Traders Seem Conflict-Weary
Posted 2014-07-21 09:46NAI Editing
West Texas Intermediate crude rose to the highest in more than two weeks as strong refinery demand reduced U.S.

U.S. Oil Export Ban Seen Weakening Rather Than Dying
Posted 2014-07-18 05:06NAI Editing
The four-decade-old ban on most crude exports from the U.S., now the world’s largest producer, will be weakened bit by bit as government rulings allow exceptions, say energy analysts including IHS Inc

Japan Rejoining Nuclear Club Leaves Fossil Fuel Appetite
Posted 2014-07-17 10:33NAI Editing
Japan is poised to rejoin the world nuclear club -- barely.

U.S. Oil Advances After Crude Supplies Fall a Third Week
Posted 2014-07-16 10:25NAI Editing
West Texas Intermediate oil advanced after a government report showed that U.S. crude stockpiles fell as refineries increased processing rates to the highest level in almost nine years.

Why China's Mood is Souring on Canada's Oil Patch
Posted 2014-07-15 07:22NAI Editing
Barely two years since the national outcry over China’s aggressive push into Canada’s oil patch, some of the major acquisitions are looking messy to hopeless.

Prepare for Oil to Keep Falling on Libya to U.S. Supply
Posted 2014-07-14 08:21NAI Editing
New U.S. pipelines and a revival in Libyan supply are increasing the likelihood that oil prices will slump through year-end after climbing in the first six months.

Gold Heads for Longest Weekly Rally Since March
Posted 2014-07-11 07:50NAI Editing
Gold traded near the highest in almost four months, heading for the longest run of weekly gains since March, as concerns about Europe’s economy and the Middle East boosted haven demand.

No Sunshine for Junk Oil Sands Bond
Posted 2014-07-10 08:40NAI Editing
Investor appetite in the high-yield market reached a limit after Sunshine Oilsands Ltd. (2012) of Canada pulled a proposed $325 million bond due to lack of demand from U.S. and Chinese investors.