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US Gasoline (NY: UGA )

62.69 +1.61 (+2.63%)
Official Closing Price Updated: 8:00 PM EDT, Oct 22, 2024 Add to My Watchlist
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Futures Start New Month Flat As Fed's QT2 Begins
Stocks traded off session highs as weaker-than-average volumes mark the beginning of summer. 
Via Talk Markets
Can the Summer Sun Counter Gas Costs?
With gas prices at an all-time high, demand for fuel will likely slump. Crude oil has hit its lowest demand floor since 2013. 
Via Talk Markets
Oil Spikes Near Post-Putin Highs, Gasoline's At Record-Highs Ahead Of Driving Season
The U.S. driving season is about to begin, and with gasoline prices already at all-time high levels, consumers are increasingly worried about the affordability of one of the most inelastic items every... 
Via Talk Markets
The Commodities Feed: US Refiners Increase Run Rates
The oil market continues to edge higher, with ICE Brent creeping towards US$115/bbl. EIA weekly numbers were once again supportive. 
Via Talk Markets
WTI Holds Gains After Small Gasoline Draw, Distillates Build
Gasoline stocks remain dramatically below normal for this time of year. 
Via Talk Markets
Mainstream Limits Precipitate Rising Oil Prices
Last week a Bloomberg writer at the very end of an article explained that the 
Via Talk Markets
New Zealand Central Bank Is On The Path Of Aggressive Interest Rate Hikes
US indices were trading yesterday without a single trend. By the close of trading, the Dow Jones index (US30) added 0.15%, while the S&P 500 index (US500) decreased by 0.81%. The NASDAQ Technology... 
Via Talk Markets
Commodity Futures Markets: Elliott Wave Trading Strategies - TradingLounge
Commodity Futures Market Summary: Gas and Oil are toppy, gold and silver are heading higher, soft commodities corn and wheat are correcting lower. Copper Ore Nickel etc are expected lower. So the... 
Via Talk Markets
The Commodities Feed: Further US Gasoline Draws
The oil market has traded firmer during the morning session in Asia. API numbers overnight were once again supportive for the market. 
Via Talk Markets
The US Is Facing Stagflation. The ECB Intends To Raise Interest Rates This Summer
According to former Morgan Stanley Asia chairman Stephen Roche, stagflation in the US is inevitable. He warns that the US is on a dangerous path that leads to higher prices combined with slower... 
Via Talk Markets
Energy Report: The Saudis Have Their Back
While German Economic Minister Robert Habeck says, “I am disappointed that it is taking so long to agree on an oil embargo vs Russia” even if they do, Saudi and OPEC has Russia’s back. 
Via Talk Markets
The Commodities Feed: Russian Gas Flows To Finland Stop
Tightness in the refined products market continues to support the oil market. ICE Brent managed to eke out a gain of a little under 1% last week, which saw it settle above US$112/bbl. 
Via Talk Markets
The Commodities Feed: Another Week Passes With No EU Ban
It appears that another week will pass with the EU still unable to agree on a Russian oil ban. While it is taking longer than expected to come to an agreement, we believe that member states will... 
Via Talk Markets
Gas Prices Hit Another Record High on Thursday, What's Biden Doing?
Let's check in on gas prices and plans to deal with them. 
Via Talk Markets
WTI Erases Gains Despite Big Crude, Gasoline Draws; SPR At 1987 Lows
This is the 7th straight weekly draw in gasoline stocks (and the 14th week of the last 15) and we are seeing a major crude draw. 
Via Talk Markets
Futures Slide After Dismal Target Earnings, Plunging Mortgage Apps
The brief bear market rally in US stocks was set to end with a whimper following Tuesday’s strong dead cat bounce, after Fed Chair Jerome Powell gave his most hawkish remarks to date. 
Via Talk Markets
The Commodities Feed: US Gasoline Tightness
The oil market has seen a partial recovery in early morning trading today, after Brent settled more than 2% lower yesterday. 
Via Talk Markets
The Commodities Feed: Wheat Jumps After India Restricts Exports
ICE Brent started the week on a soft note as weaker economic data from China weighed on sentiment, with Covid-related lockdowns slowing economic activity and crude oil demand. 
Via Talk Markets
U.S. Gasoline Prices Hit New Record Amid Refinery Bottlenecks And Tight Supplies
Today's refinery bottlenecks may suggest that even higher prices are ahead this summer as the driving season begins. 
Via Talk Markets
Futures Slide After China's "Huge" Data Miss Sparks "Broad-Based Recession Talk"
Among notable moves in premarket trading, Spirit Airlines jumped as much as 21% following a report that JetBlue Airways is planning a tender offer at $30 a share in cash. 
Via Talk Markets
Energy Report: Opening Up
Oil prices are surging on talk that Shanghai plans to stamp out community spread of the virus and start opening the city by May 20, according to Bloomberg. 
Via Talk Markets
Futures Jump As Crypto Turmoil Fades, Dip Buyers Make Cautious Appearance
Abating panic in the cryptocurrency market was among the highlights of a risk-on environment on the last day of the week. Bitcoin added about $1,800 to top $30,000. 
Via Talk Markets
Sentiment Remains Fragile, And The Euro And Sterling Can Barely Sustain Even Modest Upticks
Equities are recovering from dramatic losses. Today, the Nikkei, Hang Seng, and Kospi surged by more than 2%. The large markets in the region advanced except India. 
Via Talk Markets
What Energy Shock? The Energy Report 05/12/2022
Now Biden and Mario Draghi are talking about bringing back the failed energy policies of the past, raising the ghost of price caps for oil and gas not to mention windfall profit taxes on oil... 
Via Talk Markets
The Commodities Feed: EU no closer to a Russian oil ban
The oil market continues to trade in a large intra-day range and is struggling to find direction during this period of uncertainty for both supply and demand. 
Via Talk Markets
Oil Prices Extend Gains As Distillate Inventories Plunge To 17 Year Lows
Distillate fuel inventories are now 23% below the five-year average for this time of year, at their lowest since May 2005. 
Via Talk Markets
Energy Report: Jake Biden
The President said that he is working with Congress to pass landmark investments to help build a clean energy future, from tax credits for businesses to produce renewable energy to tax credits for... 
Via Talk Markets
WTI Holds Below $100 After API Signals Crude/Product Inventory Builds
Oil prices slipped lower today with WTI settling back below $100. 
Via Talk Markets
Weekly Gasoline Prices: Regular and Premium Jump
As of May 9, the price of Regular and Premium were up fifteen and thirteen cents each, respectively, from the previous week. 
Via Talk Markets
Energy Report- La La Land
Biden is expected to give a speech on inflation, yet I am sure he will omit that his anti-fossil fuel agenda has played a major role in it. 
Via Talk Markets
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