Arch Coal unchanged at $3.05. Consol Energy Inc. rose$. 75 or 1.9 percent, to $40.28. Peabody Energy rose$. 22 or 1.4 percent, to $15.88.» Read More
The mining industry has been caught by natural disasters in the Pacific region, an intense mergers and acquisitions environment and emerging countries eyeing to get a hold on commodities resources, Evy Hambro, MD and CIO of the natural resources team at BlackRock told CNBC.
Kevin Ferry, Cronus Futures Management, discusses what happened in overnight trading as well as what he wishes would happen with the Fed. And the House tries to ban the EPA from regulating greenhouse gases, with Rep. Ed Whitfield (R-Ky.) Energy & Commerce Committee.
The volatility switch has flipped in the energy sector, creating opportunities for investors ready to buy at increasingly attractive entry points in what may be a repeat of the 2008 mega-rally.