contango

More than 30 natural gas tankers carrying liquified natural gas (LNG) are idling, reported the Wall Street Journal, and slowing their routes off Europe’s coast, waiting for the price of fuel to rise. As Dutch TTF December Gas Futures stabilized to 113.50 euros from a ...

Dennis Gartman, editor and publisher of "The Gartman Letter," is known for shifting his stance on oil from bull to bear given the highly volatile and constantly changing factors that determine the price of oil. For instance, Gartman's 2016 call that oil won't trade above $44 per barrel in his...

One of the biggest movers in the market recently has been the Direxion Shares Exchange Traded Fund Trust (NYSE: JDST). After a 15 percent drop last Friday to close out the week, the JDST plummeted another 13 percent on Monday. Year-to-date, the JDST ETF is now down 51.5 percent. While casual...

Gasoline crack spreads grew in Q2, driven by record gasoline demand and increased diesel demand. Citi’s Faisel Khan upgraded the rating on Tesoro Corporation (NYSE: TSO) from Neutral to Buy, while lowering the price target from $92.50 to $92.00, following the recent pullback in the stock....

WTI crude oil prices have soared 37.6 percent in the past month, but the market remains divided on whether the oil rally is for real. Shares of the United States Oil Fund LP (ETF) (NYSE: USO) have only risen 28.0 percent during the past month, an indication that many investors are not convinced...

Gary Cohn, president and COO of Goldman Sachs Group Inc (NYSE: GS), was on Bloomberg recently to discuss why he thinks oil prices can go substantially lower and why he disagrees with Mark Cuban's view that we are in another bubble. Cohn also discussed why Janet Yellen is compelled to remain...