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Natural Gas Prices Spike As 'Bone-Chilling' Arctic Blast Approaches
Tuesday, December 31, 2024 - 12:12pm | 431U.S. natural gas futures are pulling back Tuesday after reaching a 52-week high on Monday. Trading remains volatile with an Arctic blast forecast to hit the nation in January. The Details: On Sunday, AccuWeather meteorologists released an extended forecast predicting cold Arctic air over much...
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New Year, New Oil Outlook: Pros Debate Commodity's Trajectory
Wednesday, January 2, 2019 - 11:36am | 438WTI crude oil has lost 40 percent since early October, and experts are conflicted on whether the worst is yet to come for the global commodity. Considering Big Dividend Payers One of the biggest contributors to the large decline in oil prices in recent months is an increase in...
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After A Sell-Off, What's Next For Oil?
Friday, November 2, 2018 - 11:06am | 434After hitting a multiyear high just one month ago, U.S. light crude has lost nearly 20 percent and has shown a pattern that hasn't been seen in some time, according to energy expert John Kilduff. Rare Correlation To Stocks Crude oil and other commodities are historically an asset class for...
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Oil Is Now Trading At A New 2017 Low
Tuesday, June 20, 2017 - 11:03am | 328Oil prices entered bear territory on Tuesday after falling more than 3 percent. The price of oil hit a seven-month low near the $43 per barrel level which implies the commodity is trading at its lowest levels in 2017. The latest reason for the weakness is attributed to signs of rising output from...
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What To Know About Oil Today
Monday, April 3, 2017 - 12:03pm | 398The price of oil was under pressure Monday but hovered near the $50 per barrel mark after Libya's largest oil field came back online after a week-long disruption. Oil investors have been debated recently what impact the oilfield would have on the global market but that conversation has now come to...
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Hedge Funds Are Trimming Their Long Oil Bets, Adding Short Exposure
Monday, March 13, 2017 - 12:00pm | 389Oil's slump below $50 per barrel coincided with hedge funds fleeing their long oil bets. According to a Bloomberg report, hedge funds lowered their WTI net-long positions by nearly 3 percent for the week ending March 7. The net-long position, which fell by 11,149 futures and options to 375,558...
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Oil Pro: The OPEC Meeting Is A 'Complete Farce'
Wednesday, September 28, 2016 - 1:16pm | 381OPEC members are meeting in Algiers to discuss a potential agreement to freeze oil output. Few experts are predicting that much will come out of the meeting, but one oil analyst went so far as to describe the meetings as a "complete farce." Michael Cohen, Barclays Head of Energy...
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2 Oil Pros Discuss The Case For And Against Owning The Commodity
Thursday, May 26, 2016 - 3:04pm | 245John Kilduff, a partner at Again Capital, has been negative on oil for quite some time and defended his thesis during an appearance on CNBC. Kilduff said he is still "not constructive" on oil despite the near-$50 per barrel price. He explained that the U.S. dollar is expected to...
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Oil Going Back To $25, Again Capital Warns
Tuesday, March 22, 2016 - 6:33am | 132Speaking on CNBC's Markets Now, John Kilduff of Again Capital said he doesn't believe the current rally in crude oil can hold and he thinks that it is probably going to test $25 again. Kilduff explained that crude oil rallied on the speculation about a possible production cuts by OPEC countries,...
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Oil Prices Could Fall To '09 Lows Of $32/Barrel By October
Sunday, August 16, 2015 - 1:57pm | 386Oil prices broke the $42 mark last Friday and went as low as $41.35, a level not seen since March 2009. The question everyone seems to be asking right now is: Can the price fall further? John Kilduff, Again Capital founding partner, was on CNBC recently to answer that question. Prices Will Go Lower...
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Brace Yourselves For Crude Oil Below $40
Thursday, July 30, 2015 - 3:07pm | 365After recovering significantly during the second quarter, crude oil prices lost most of their gains during July and are now back trading below the $50 mark. While some analysts expect the prices to remain in this range for a considerable period of time, John Kilduff, Again Capital partner, thinks...
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How Are Hedge Funds Playing Oil?
Friday, December 12, 2014 - 1:53pm | 638Oil and water do not mix. What about oil and hedge funds? Benzinga reached out to Evan Rapoport, CEO of leading hedge fund database, HedgeCo.Net for comment. With regard to energy-focused funds that trade oil-related equities, Rapoport shared three important observations: 1. Portfolio...
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Is Now The Time To Buy Energy Stocks? (COP, APA, CVX, APC, XOM, MRO, BTU, WPRT)
Tuesday, May 18, 2010 - 4:58pm | 451Michael Crofton of Philadelphia Trust Company and John Kilduff of Round Earth Capital talked about energy stocks with CNBC's Simon Hobbs. Michael Crofton thinks that oil is probably the cheapest commodity right now. He added that oil is down 15% since the end of the quarter, and if you accept the...
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Nigerian Bomb Angle Rocks Energy Market; Crude Oil Up
Monday, December 28, 2009 - 3:08pm | 137Oil and energy market saw an upheaval on account of the alleged Nigerian angle to the US Bomb scare. Crude oil crossed the $79 mark. While talking to CNBC, John Kilduff, of Round Earth Capital, said that the price rise is mainly due to the concerns about the crude oil supply. However, he...