Commodities Futures

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  • WASHINGTON, Feb 4- The federal government watchdog has determined that the U.S. Commodity Futures Trading Commission violated government accounting principles by understating its leasing liabilities, a congressional source told Reuters. "It is deeply troubling that an agency charged with regulating some of the most complex financial products and...

  • WASHINGTON, Feb 4- Senate Agriculture Committee Chairman Pat Roberts is turning up the heat on the U.S. derivatives and commodities regulator over an accounting error that could mean it has deficient funds. Roberts, a Kansas Republican, sent a letter dated Feb. 3 to Timothy Massad, head of the Commodity Futures Trading Commission, calling for answers on the error,...

  • *Oil prices held on to most of their previous day's gains of 7 percent as the dollar weakened and Venezuela appeared to be gaining support from more members of OPEC and other producers for a meeting. *Fed policymaker William Dudley said in an interview published on Wednesday that monetary conditions had tightened since the Fed raised rates and that...

  • *OPEC- member Venezuela lobbies for producer meeting to cut output. *Morgan Stanley cuts 2016 Brent forecast to $30/ b, 2017 to $40/ b. U.S. crude futures were trading at $32.68 per barrel at 0119 GMT on Thursday, up 40 cents from the previous session's close when they rallied 8 percent from below $30 per barrel.

  • *OPEC- member Venezuela lobbies for producer meeting to cut output. SINGAPORE, Feb 4- U.S. crude oil prices extended gains from the previous session on Thursday, as a weaker dollar and ongoing yet unconfirmed talk of producers potentially meeting to discuss output cuts lifted the market despite record U.S. stocks. West Texas Intermediate crude futures were...

  • Is there a banking crisis in the US? Wednesday, 3 Feb 2016 | 3:15 PM ET
    Trader looking at information on monitor

    I get why there is concern in Europe, but I don't at all get the selloff in U.S. banks.

  • CHICAGO, Feb 3- CME Group Inc plans to resume the listing schedule for live cattle futures and options contracts, effective Feb. 18, the exchange said in statement on Wednesday. CME Group temporarily delayed listing new contracts in early December 2015 to evaluate possible delivery changes of non-U.S. origin cattle in anticipation of a repeal of beef, as a covered...

  • CHICAGO, Feb 3- U.S corn and soybeans futures fell on Wednesday, pressured by profit-taking after recent six-week highs and outlooks for needed rains in South America. CBOT March soybeans fell 11-1/ 4 cents, or 1.2 percent, to $8.75 per bushel as of 12:18 p.m. CST, after reaching $8.89-1/ 2 on Tuesday, its highest since Dec. 22. The traders also were waiting to see...

  • Futures Now: Bearish oil build, production drops Wednesday, 3 Feb 2016 | 12:36 PM ET
    Futures Now: Bearish oil build, production drops

    The Futures Now team discusses oil prices spiking despite a bearish inventory report, with Anthony Grisanti, GRZ Energy, and Scott Nations, Nationsshares.

  • *Russia says open to oil meeting, boosting Brent. Brent for April delivery rose $1.75 to $34.47 a barrel by 1620 GMT, up from the day's low at $32.30. U.S. crude futures rose $1.62 to $31.50, off a session low of $29.40.

  • *Oil prices pared some losses after Russia reiterated its openness to talking with OPEC about output cuts, which helped revive hope among investors that the world's largest producers could act to boost prices. *Oil prices have fallen about 70 percent in the past 18 months, hit by a growing glut and cooling economic growth in China and other emerging markets.

  • Investor: Bull won’t return until 2017—at least Wednesday, 3 Feb 2016 | 7:07 AM ET
    A trader on the floor of the New York Stock Exchange

    Veteran trader Rick Bensignor says stocks could be in the midst of a major decline comparable to the '09 recession.

  • BENCHMARK BRENT CRUDE OIL FUTURES RALLY BY OVER $1 TO DAY'S HIGH AT $33.31/ BBL.

  • SINGAPORE, Feb 3- Oil futures rose in late Asian trade on Wednesday after spending most of the session in negative territory as U.S. crude stocks last week surged to more than half-a-billion barrels and as Iran plans to boost exports from March. U.S. crude, also known as West Texas Intermediate, rose 13 cents to $30.01, after ending the previous session down $1.74, or...

  • Japanese shares tumble as crude oil extends slide Tuesday, 2 Feb 2016 | 9:51 PM ET

    TOKYO, Feb 3- Japanese shares tumbled on Wednesday, as crude oil futures extended their recent decline and a stronger yen undermined shares of exporters. "Almost every name in the N225 is down today, indicating a consensus from participants that it is time to sell," said Hiroki Allen, chief representative of Superfund Securities Japan. But fears of a global oil...

  • SINGAPORE, Feb 3- Oil futures extended losses into a third session in Asian trade on Wednesday, as U.S. crude stocks last week surged to more than half a billion barrels and as Iran plans to boost exports from March. Brent for April delivery had dropped 25 cents to $32.47 a barrel as of 0204 GMT, after settling down $1.52, or 4.4 percent. Prices are going to zig-zag for a...

  • GASOLINE FUTURES EXTEND LOSSES, DOWN MORE THAN 8 PCT IN POST-SETTLEMENT TRADING AFTER API DATA.

  • Don't expect a bull market 'til 2017: Trader Tuesday, 2 Feb 2016 | 3:41 PM ET
    Don't expect a bull market 'til 2017: Trader

    Rick Bensignor of Koyote Capital breaks down the bad signs he's seeing when he looks at market breadth.

  • Why oil is heading back to $60: Strategist Tuesday, 2 Feb 2016 | 3:28 PM ET
    Why oil is heading back to $60: Strategist

    Matt Maley of Miller Tabak discusses a potential turnaround in crude oil with Jackie DeAngelis.

  • It's time to buy gold: Trader Tuesday, 2 Feb 2016 | 1:10 PM ET
    It's time to buy gold: Trader

    CNBC's Jackie DeAngelis and the Futures Now Traders discuss how to play gold as it hits a three month high.

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