Cotton futures are trading with 75 to 107 point losses across most contracts on Wednesday’s midday. Crude oil prices are down 70 cents/barrel, with the US dollar index back down $0.489 to $98.670. The next week is looking at precip across much of TX to the East Coast, putting some pressure on futures are midday. […]
Cotton Falling Weaker at Midday Read More »
Cotton futures are trading at Friday’s midday, with losses of 55 points in the front months, as thinly traded October is up 8 points. Crude oil prices are back up $0.84/barrel. The US dollar index is back up $0.261 to $100.995. After USDA’s Export Sales report on Thursday, commitments of shipped and unshipped sales are
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Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Apr 11, 2025, 6:00 PM CDT The United States’ shift to a net oil exporter means that falling oil prices
Why Falling Oil Prices Are Not Always Good News Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – May 14, 2024, 6:00 PM CDT Citigroup sees tightness in Q2 of this year, but expects Brent crude prices to average $74 in Q3. Citi analysts are cautioning against speculative buying and
Citi Sees Oil Prices Falling to $70 Range in Q3 2024 Read More »
WTI price extends its losing streak on demand concern following Chinese oil import data. China’s oil imports fell to 10.8 million bpd in the first two months of the year, compared to 11.44 million bpd in December. Crude oil prices could find support from a weakening US Dollar amid growing expectations of a Fed rate
WTI falls to $77.00 on falling Chinese oil imports-led demand concerns Read More »
