Futures Prices

Energy Quote of the Day: ‘Commission Cannot Effectively Oversee Today’s Automated Markets’

By

Price Of Oil Rises As Iran Possibly Halts Exports To Some EU Countries

Scott O’Malia, a member of the Commodity Futures Trading Commission, said in a recent speech that the commission lacks the technology necessary to effectively track communications between traders and futures exchanges operated by CME Group Inc. and IntercontinentalExchange Group Inc., where a bulk of the world’s oil and natural gas contracts are bought and sold.… Keep reading →

 /  Published May 8, 2014 at 4:00 PM

Energy News Roundup: Frigid Conditions Roil US Gas and Power Markets

By

Sub-Zero Temperatures Put Chicago Into Deep Freeze

Freezing weather throughout much of the US is sending spot energy prices soaring. “Natural gas for next-day delivery on the Transco pipeline into New York rose to a record $90 per million British thermal units on Monday, up 660 per cent from last week’s close and 20 times more than benchmark futures prices, according to… Keep reading →

 /  Published January 7, 2014 at 8:30 AM