Tag: commodity futures
The Heating Oil has pulled back quite a bit with the rest of the energy complex. Seasonally we are entering into peak demand for heating oil. While the pull back in energy has been welcomed by consumers, producers are anything but happy. OPEC recently made a statement saying that the recent fall off in price…
You’d be hard-pressed to find a “hot commodity” lately. With the U.S. housing market giving investors a scare, China’s building boom facing some restraint, Iran apparently less of an immediate threat to oil supplies, and hurricanes failing to howl, commodities have been slipping since early August.