Gene McGillian

Entity type image
Type: Person
Name: Gene McGillian
First reported Jun 17 2013 - Updated Jun 18 2013 - 1 reports

Oil hitting 4 months High on President Obama’s Syrian talks

West Texas Intermediate crude rose to a four-month high after President Barack Obama was said to authorize arming Syrian rebels groups, ratcheting up tensions in a region home to about a third of the world’s oil supply. Prices capped a second weekly ... [Published OANDA Forex Blog - Jun 17 2013]
First reported Jun 16 2013 - Updated Jun 17 2013 - 1 reports

US decision on Syria pushes up oil prices

New York: West Texas Intermediate crude rose to a four-month high after United States President Barack Obama was said to authorise arming Syrian rebel groups, ratcheting up tensions in a region home to about a third of the world's oil supply.Prices capped ... [Published Times of Oman - Jun 16 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

Oil breaks out of trading range, hits 9-month high

Brent crude rose and U.S. oil struck a nine-month high on Friday after news that the United States had authorized sending U.S. weapons to Syrian rebels sparked concerns about Middle East supplies.Though Syria is not a key global oil supplier, investors ... [Published Globe and Mail - Jun 14 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

CRUDE OIL / Price rises to 3-week high on improved retail sales, as equities rally

Bloomberg NEW YORK (Bloomberg)--West Texas Intermediate crude rose to a three-week high Thursday as U.S. retail sales increased the most in three months in May and equities rallied.Futures gained 0.8 percent after the U.S. Commerce Department reported ... [Published The Japan News - Jun 14 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

Crude Rises to Four-Month High on Middle East Tension

West Texas Intermediate crude rose to a four-month high after President Barack Obama was said to authorize arming Syrian rebels groups, ratcheting up tensions in a region home to about a third of the world’s oil supply.Prices capped a second weekly gain ... [Published Bloomberg - Jun 14 2013]
First reported Jun 13 2013 - Updated Jun 14 2013 - 1 reports

UPDATE 7-Oil rises on positive U.S. data

* U.S. data boosts Wall Street, oil prices* Japanese stock market loses 6.4 percent* IEA, other oil forecasters point to weak global demand* Weaker dollar, Libya supply disruption lend support(Updates prices, adds Trans Mountain pipeline closure, Sudan ... [Published CNBC - Jun 13 2013]
First reported Jun 13 2013 - Updated Jun 13 2013 - 1 reports

COMMODITIES-Oil up on firmer US data, stimulus worry hurts metals

* Crude up after US retail sales rise, jobless claims drop* Copper, gold end down on worry of central banks tightening* Sugar up on short-covering; grains dip on friendly weatherNEW YORK, June 13 (Reuters) - Oil rose for a second straight day on Thursday ... [Published CNBC - Jun 13 2013]
Entities: Soybean, Corn, Copper
First reported Jun 12 2013 - Updated Jun 13 2013 - 1 reports

DJ Natural Gas Futures Rebound From Three-Month Lows Ahead of Storage Data

-- Build of 96 bcf expected, larger than year-earlier, five-year average -- Bargain-hunting after two-day drop to three-month lows-- Gas off 20% since May 1 amid moderate temperatures in many areasNEW YORK--Natural-gas futures rebounded Wednesday on bargain-hunting ... [Published Individual.com - Jun 12 2013]
First reported Jun 04 2013 - Updated Jun 05 2013 - 3 reports

UPDATE 7-Oil rises modestly on inventory decline

* Crude stocks declined by over 6 mln barrels last week -EIA* S. Korea hopes to lure oil imports from outside Middle East* Sanctions squeeze Iran oil exports to lowest in decades* U.S. employment report weaker than expected(Adds NEW YORK dateline, details, ... [Published CNBC - Jun 05 2013]
First reported Jun 03 2013 - Updated Jun 03 2013 - 4 reports

Crude Rebounds From One-Month Low With U.S. Stocks Advancing

June 3 (Bloomberg) -- West Texas Intermediate crude rose from the lowest level in one month as U.S. stocks rebounded and the dollar weakened against a basket of major currencies.Prices gained as much as 1.3 percent as the Standard & Poors 500 Index advanced ... [Published Big News Network - Jun 03 2013]
First reported May 30 2013 - Updated May 31 2013 - 2 reports

UPDATE 7-Crude oil lifted by drop in gasoline stocks

* U.S. crude stocks record high, gasoline stocks fall-EIA* U.S. Q1 GDP revised slightly lower; jobless claims rise* Dollar sinks to three-week low vs euro* OPEC expected to maintain output policy in Friday meeting (Adds details, updates prices)NEW YORK/LONDON, ... [Published Big News Network - May 30 2013]
First reported May 20 2013 - Updated May 21 2013 - 2 reports

Oil ends higher on weaker dollar, supplies weigh

* Crude stockpiles still high, seen falling, Reuters poll* U.S. Fed meeting minutes released on Wednesday* Coming up: API data on Tuesday, EIA data on Wednesday (Adds settlement prices.)By Jeanine PreziosoNEW YORK May 20 (Reuters) - Crude oil prices rose ... [Published Yahoo! UK and Ireland - May 20 2013]

Quotes

WTI "just broke this year's high, and the rally is taking on the momentum of itself" said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut...
"the bulls are in charge either until we get news that the economy is in trouble or the fed pulls back on stimulus" said Gene McGillian, analyst with Tradition Energy in Stamford, Connecticut
...Unless a clear direction was establised, "we're still going to be driven by headline trading" McGillian added. Oil prices have moved in $5-$6 range over the last five weeks, reacting to various data
"the data put a bid back in the equity market and oil prices are following it, but it doesn't seem as though we've really caught a strong bid because the market is being held back by weak underlying fundamentals" said Gene McGillian, oil analyst at Tradition Energy in Stamford, Connecticut

More Content

All (66) | News (62) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Oil hitting 4 months High on President Obama’s ... [Published OANDA Forex Blog - Jun 17 2013]
US decision on Syria pushes up oil prices [Published Times of Oman - Jun 16 2013]
CRUDE OIL / Price rises to 3-week high on impro... [Published The Japan News - Jun 14 2013]
Oil breaks out of trading range, hits 9-month high [Published Globe and Mail - Jun 14 2013]
Crude Rises to Four-Month High on Middle East T... [Published Bloomberg - Jun 14 2013]
UPDATE 6-Oil rises, U.S. crude hits nine-month ... [Published CNBC - Jun 14 2013]
UPDATE 9-Oil up on positive U.S. data; gasoline... [Published Reuters India - Jun 13 2013]
COMMODITIES-Oil up on firmer US data, stimulus ... [Published CNBC - Jun 13 2013]
UPDATE 7-Oil rises on positive U.S. data [Published CNBC - Jun 13 2013]
UPDATE 7-Oil ends modestly higher, weak demand ... [Published London South East - Jun 12 2013]
DJ Natural Gas Futures Rebound From Three-Month... [Published Individual.com - Jun 12 2013]
COMMODITIES-Mostly down as Bank of Japan adds t... [Published Big News Network - Jun 12 2013]
UPDATE 9-Oil pares losses despite fears of cent... [Published Big News Network - Jun 12 2013]
COMMODITIES-Mostly down as Bank of Japan adds t... [Published CNBC - Jun 11 2013]
UPDATE 6-Oil falls on rising supply central ban... [Published Big News Network - Jun 11 2013]
Oil falls on rising supply, central bank fears [Published Sharenet - Jun 11 2013]
DJ Oil Futures Fall Below $95 as OPEC Warns on ... [Published Individual.com - Jun 11 2013]
Crude Drops Second Day as BOJ Leaves Stimulus U... [Published Bloomberg - Jun 11 2013]
UPDATE 6-Oil pares losses on dollar, remains lo... [Published CNBC - Jun 10 2013]
DJ Natural Gas Barely Higher; Holds Near 2 1/2-... [Published Individual.com - Jun 07 2013]
Crude Declines as Gains in Payrolls Spur Fed Sp... [Published Bloomberg - Jun 07 2013]
Crude Rises as Euro Reaches Three-Month High on... [Published Washington Post - Jun 06 2013]
Oil price rises modestly on inv... [Published Qatar Peninsula - Jun 05 2013]
U.S. oil production surpasses imports for first... [Published Financial Post - Top Stories - Jun 05 2013]
UPDATE 7-Oil rises modestly on inventory decline [Published CNBC - Jun 05 2013]
DJ U.S. Oil Futures End Lower as Traders Await ... [Published Individual.com - Jun 04 2013]
UPDATE 8-Brent oil up 1 pct on South Korea impo... [Published CNBC - Jun 04 2013]
Brent oil up 1 pct on South Korea import rebate... [Published Sharenet - Jun 04 2013]
Oil turns positive in choppy trading [Published Sharenet - Jun 04 2013]
U.S. Natural Gas Reverses Gain Spurred by Warme... [Published Bloomberg - Jun 04 2013]
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sort by: Date | Relevance
Oil hitting 4 months High on President Obama’s ... [Published OANDA Forex Blog - Jun 17 2013]
West Texas Intermediate crude rose to a four-month high after President Barack Obama was said to authorize arming Syrian rebels groups, ratcheting up tensions in a region home to about a third of the world’s oil supply. Prices capped a second weekly ...
Is Thursday a Scary Day for Natural Gas Investors? [Published Wall St. Cheat Sheet - May 09 2013]
Political arguments aside, natural gas, which is found in deep underground rock formations or in shale formations, is a resource that is not only abundant, but also clean and extremely cheap. Back in 2000, shale gas only accounted for 1 percent of United ...
WTI Oil Rises to One-Month High on Cyprus [Published Energy and energy security - Mar 26 2013]
West Texas Intermediate crude rose to a one-month high as Cyprus agreed with creditors on a bailout, reducing concern that Europe’s debt crisis will deepen. WTI narrowed its discount to Brent oil to the least since July.Futures climbed 1.2 percent ...
WTI Oil Advances as Jobs Data Bolsters U.S. Eco... [Published Energy and energy security - Mar 08 2013]
West Texas Intermediate oil advanced after U.S. unemployment benefit applications dropped to a six- week low, bolstering optimism about the country’s economy, and the dollar weakened against the euro. Futures climbed 1.3 percent in New York as first-time ...
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