Morgan Stanley to Sell Oil Arm to Castleton Morgan Stanley struck a deal to sell its oil-trading and storage business to Castleton Commodities International LLC, bringing the bank closer to unloading a unit that has attracted heightened regulatory scrutiny. The terms of the transaction weren’t disclosed, but people familiar with the matter said the price … Continue reading #Morgan_Stanley to Sell #Oil Arm to #Castleton
From ‘Drill, Baby, Drill’ To ‘It’s The Storage, Stupid’: Have Batteries Come Of Age? Last week Elon Musk introduced his Tesla Powerwall home and business energy storage unit to the public in an event that got less press than the release of a new iPhone. But the story is actually much bigger. Reliable energy storage … Continue reading From ‘Drill, Baby, Drill’ To ‘It’s The Storage, Stupid’: Have Batteries Come Of Age?
Oil-Price Plunge Hits North Dakota — Energy Journal A magnet for oil workers has lost some of its attraction in the wake of plummeting oil prices, Russell Gold reports. After the oil boom started in the Bakken Shale in North Dakota, Williston became the fastest-growing small city in the U.S. But Bakken crude has always … Continue reading #Oil – Price Plunge Hits North Dakota — Energy Journal
Published: Mar 11, 2015 9:30 a.m. ET Founding Market Participants Endorse Competitive Pricing and Innovative Clearing Solution Nasdaq announced the establishment of a new energy futures market with the support of leading commodities participants. Nasdaq Futures (NFX) will offer competitive pricing, an innovative clearing solution and high-performance technology for futures and options based on key … Continue reading Nasdaq Expands Global Commodities Initiative With Energy Derivatives
By Scott DiSavino, Reuters Posted March 01, 2015, at 11:17 a.m. NEW YORK — What a difference a year makes. Twelve months ago, tumultuous weather in the Northeast caused record natural gas price spikes and forced some power plants to shut for lack of fuel as power producers scrambled to outbid each other for scarce … Continue reading As New England freezes, natural gas prices also stay low
Tuesday, 17 Feb 2015 | 10:24 AM ET Finding opportunities in the energy space given the volatility in the price of oil, with Chad Mabry, MLV Energy senior analyst. See video at CNBC.com.
By Nico Isaac Wed, 04 Feb 2015 11:00:00 ET It was the spike seen round the world — and no, I’m not talking about the “Gronk Spike” at this past Sunday’s Super Bowl, when New England Patriot tight end Rob Gronkowski spiked the football after scoring a tie-breaking touchdown in the second quarter. Read the … Continue reading Crude Surged 24% in Four Days: Hello Volatility!
February 24, 2015 09:40 MUMBAI: Crude oil may witness some bounce back from levels tracking mixed international cues as its prices can move in range of 3040-3130 in near term. Read the full article at CommodityOnline.
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