November WTI crude oil (CLX25) on Friday closed up +0.40 (+0.66%), and November RBOB gasoline (RBX25) closed up +0.0098 (+0.53%). Crude oil and gasoline prices settled higher on Friday as a weaker dollar prompted some short covering in energy futures.  Also, Friday's rally in the S&P 500 to a new all-time high shows confidence in the economic outlook that is supportive of energy demand.  Gains in crude were limited due to concerns over a global supply glut, as OPEC+ is set to increase its crude production ...

November WTI crude oil (CLX25) on Thursday closed down -1.30 (-2.10%), and November RBOB gasoline (RBX25) closed down -0.0349 (-1.85%). Crude oil and gasoline prices sold off on Thursday, with crude posting a 4-month nearest-futures low and gasoline posting a 4.5-year low.   Crude prices are retreating as OPEC+ is set to increase its crude production levels, which will boost global supplies and potentially lead to a worldwide oil supply glut.   Thursday's dollar strength was also bearish for crude prices. ...

Let's get to Kevin Green who joins me now. And uh we're waiting on a lot of data. Kevin, obviously we didn't get the jobless claims today. We're unlikely to get the NFP tomorrow.So I mean, what are you watching for. What should we be keeping an eye out on. You know, given the lack of visibility that we've got and you know, arguably the Fed as well.>> Well, Sam, I mean, we we continue to kind of look at our screens and just hope that some data actually does populate. Obviously, we were supposed to have facto ...

In early Asian trade on Thursday, oil prices recovered slightly from 16-week lows, with WTI rising to $62.09 and Brent trading at $65.68. Markets were buoyed by renewed expectations of tougher sanctions on Russian crude, even as caution over higher OPEC+ supply and weak U.S. economic signals capped upside. The two benchmarks had suffered across the prior three sessions. On Wednesday, Brent and WTI each fell roughly 1 %, with Brent closing at its lowest since June and WTI at its weakest since May. A key ...

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.37%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.31%.  December E-mini S&P futures (ESZ25) fell -0.27%, and December E-mini Nasdaq futures (NQZ25) fell -0.34%. Stock indexes gave up early gains and settled lower on Wednesday, as rising bond yields sparked long liquidation pressure in equities.  The 10-year T-note yield rose +4 basis points to a 2.5-week high of 4.15% follo ...

November WTI crude oil (CLX25) on Tuesday closed up +1.13 (+1.81%), and November RBOB gasoline (RBX25) closed up +0.0218 (+1.14%). Crude oil and gasoline prices moved sharply higher on Tuesday on concerns about Russian crude supplies after NATO promised a "robust" response to Russian incursions into its airspace.   Crude prices fell back from their best levels after Tuesday's economic reports showed weaker-than-expected manufacturing activity in the Eurozone and the US, a bearish factor for energy demand ...

Rising corporate earnings expectations are a bullish backdrop for stocks. According to Bloomberg Intelligence, more than 22% of companies in the S&P 500 provided guidance for their Q3 earnings results that are expected to beat analysts' expectations, the highest in a year. Also, S&P companies are expected to post +6.9% earnings growth in Q3, up from +6.7% as of the end of May.Fed Governor Michelle Bowman said, "Now that we have seen many months of deteriorating labor market conditions, it is time for the FO ...

Markets: Gold up $62 to $3746WTI crude oil down 4-cents to $62.64S&P 500 up 0.4%EUR leads, CAD lagsUS 10-year yields up 1.3 bps to 4.15%A pair of Fed officials in Hammack and Musalem said they were reluctant to cut much more in light of inflation risks as both highlighted a decent, and perhaps improving economy. Barkin took a more-neutral view but also touched on improving business confidence while Miran continued to call for 200 bps of easing in short order.The Fed talk had limited impact on markets as sto ...

October WTI crude oil (CLV25) on Tuesday closed up +1.22 (+1.93%), and October RBOB gasoline (RBV25) closed up +0.0282 (+1.40%). Crude oil and gasoline prices rallied sharply on Tuesday and posted 1.5-week highs.  Tuesday's slump in the dollar index (DXY00) to a 2.5-month low is bullish for energy prices.  Also, concerns over a decline in Russian oil exports are boosting crude prices as Ukraine steps up its drone attacks on Russian refineries.  In addition, Tuesday's stronger-than-expected US economic new ...

Core Insights - Sugar prices have recently increased due to a rise in WTI crude oil prices, which may lead to a shift in sugar production towards ethanol, potentially reducing sugar supplies [1] Group 1: Sugar Production and Supply - Brazil's sugar production in the first half of August increased by 16% year-on-year to 3,615 million tons, with the percentage of sugarcane crushed for sugar rising to 55% from 49.15% the previous year [2] - Brazil's government crop forecasting agency, Conab, reduced its 2025/26 sugar production estimate by 3.1% to 44.5 million tons, citing lower sugarcane yields due to drought and excessive heat [5] - Covrig Analytics reported that Brazilian sugar mills are currently prioritizing sugar production over ethanol, leading to increased cane crushing for sugar [3] Group 2: Global Sugar Market Outlook - The International Sugar Organization (ISO) forecasts a global sugar deficit of 231,000 tons for the 2025/26 season, marking the sixth consecutive year of deficits, although this is an improvement from a 4.88 million ton shortfall in 2024/25 [4] - The USDA projected a record global sugar production of 189.318 million tons for the 2025/26 season, with ending stocks expected to rise by 7.5% year-on-year to 41.188 million tons [6] - Expectations for abundant sugar supplies are currently undermining sugar prices, with a projected global sugar surplus of 7.5 million tons for the 2025/26 season, the largest in eight years [6]